UnitedHealth Group Balance Sheet
NYSE: UNHHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
UnitedHealth Group financial position
At the end of fiscal 2025, UnitedHealth Group reported total assets of $309.58 billion, up 3.8% from a year earlier against total liabilities of $207.88 billion. Shareholders' equity stood at $100.09 billion, or 32.3% of assets. The company held $24.36 billion in cash and equivalents against $78.39 billion of debt, a net debt position of $54.02 billion.
The current ratio (current assets divided by current liabilities) was 0.79, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.78.
Summary generated from market data by MetaCap's automated system. Methodology
UnitedHealth Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 24.36B | 25.31B | 25.43B | 23.36B | 21.38B | 16.92B | 10.98B | 10.87B | 11.98B | 10.43B |
| Short-Term Investments | 3.76B | 3.80B | 4.20B | 4.55B | 2.53B | 2.86B | 3.26B | 3.46B | 3.51B | 2.85B |
| Receivables | 23.02B | 22.36B | 21.28B | 17.68B | 14.22B | 12.87B | 11.82B | 11.39B | 9.57B | 8.15B |
| Inventory | 3.30B | 3.80B | 2.80B | 3.50B | 2.90B | — | — | — | — | — |
| Total Current Assets | 90.58B | 85.78B | 78.44B | 69.07B | 61.76B | 53.72B | 42.63B | 38.69B | 37.08B | 33.88B |
| Property, Plant & Equipment | 10.76B | 10.55B | 11.45B | 10.13B | 8.97B | 8.63B | 8.70B | 8.46B | 7.01B | 5.90B |
| Goodwill | 110.50B | 106.73B | 103.73B | 93.35B | 75.80B | 71.34B | 65.66B | 58.91B | 54.56B | 47.58B |
| Intangible Assets | 20.47B | 23.27B | 15.19B | 14.40B | 10.04B | 10.86B | 10.35B | 9.32B | 8.49B | 8.54B |
| Long-Term Investments | 54.25B | 52.35B | 47.61B | 43.73B | 43.11B | 41.24B | 37.21B | 32.51B | 28.34B | 23.87B |
| Total Assets | 309.58B | 298.28B | 273.72B | 245.71B | 212.21B | 197.29B | 173.89B | 152.22B | 139.06B | 122.81B |
| Accounts Payable | 38.03B | 34.34B | 31.96B | 27.71B | 24.64B | 22.50B | 19.00B | 16.70B | 15.18B | 13.36B |
| Short-Term Debt | 6.07B | 4.54B | 4.27B | 3.11B | 3.62B | 4.82B | 3.87B | 1.97B | 2.86B | 7.19B |
| Total Current Liabilities | 114.90B | 103.77B | 99.05B | 89.24B | 78.29B | 72.42B | 61.78B | 53.21B | 50.46B | 49.25B |
| Long-Term Debt | 72.32B | 72.36B | 58.26B | 54.51B | 42.38B | 38.65B | 36.81B | 34.58B | 28.84B | 25.78B |
| Total Liabilities | 207.88B | 195.69B | 174.80B | 159.36B | 135.73B | 126.75B | 111.73B | 95.99B | 87.04B | 82.62B |
| Shareholders' Equity | 100.09B | 98.27B | 94.42B | 81.45B | 75.05B | 68.33B | 60.44B | 54.32B | 49.83B | 38.18B |
| Retained Earnings | 95.60B | 96.04B | 95.77B | 86.16B | 77.13B | 69.30B | 61.18B | 55.85B | 48.73B | 40.95B |
| Total Debt | 78.39B | 76.90B | 62.54B | 57.62B | 46.00B | 43.47B | 40.68B | 36.55B | 31.69B | 32.97B |
| Net Cash (Debt) | -50.27B | -47.79B | -32.91B | -29.71B | -22.10B | -23.69B | -26.43B | -22.23B | -16.20B | -19.70B |
| Shares Outstanding | 906.00M | 915.00M | 924.00M | 934.00M | 941.00M | 946.00M | 948.00M | 960.00M | 969.00M | 952.00M |
This table shows 10 annual periods of UnitedHealth Group's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow UNH's reporting calendar. What is a balance sheet?