UnitedHealth Group Incorporated (UNH) — Capital Reinvestment Ratio
UnitedHealth Group Incorporated (UNH) has a Capital Reinvestment Ratio of 0.86x as of December 2025, meaning it reinvests 1% of its operating cash flow ($1.11 Billion) in capital expenditures ($948.00 Million). See how leveraged is UnitedHealth Group Incorporated's balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
UnitedHealth Group Incorporated Capital Reinvestment Ratio (1989–2025)
This chart tracks UnitedHealth Group Incorporated's Capital Reinvestment Ratio across 37 annual periods. Check how aggressively does UnitedHealth Group Incorporated reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for UnitedHealth Group Incorporated (1989–2025)
Year-by-year Capital Reinvestment Ratio for UnitedHealth Group Incorporated from 1989 to 2025. For live market cap and broader valuation context, see market cap of UnitedHealth Group Incorporated.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | $19.70 Billion | $3.62 Billion | ▲ +27.2% |
| 2024 | 0.14x | $24.20 Billion | $3.50 Billion | ▲ +24.1% |
| 2023 | 0.12x | $29.07 Billion | $3.39 Billion | ▲ +8.9% |
| 2022 | 0.11x | $26.21 Billion | $2.80 Billion | ▼ -2.7% |
| 2021 | 0.11x | $22.34 Billion | $2.45 Billion | ▲ +18.7% |
| 2020 | 0.09x | $22.17 Billion | $2.05 Billion | ▼ -17.5% |
| 2019 | 0.11x | $18.46 Billion | $2.07 Billion | ▼ -14.6% |
| 2018 | 0.13x | $15.71 Billion | $2.06 Billion | ▼ -11.8% |
| 2017 | 0.15x | $13.60 Billion | $2.02 Billion | ▼ -14.5% |
| 2016 | 0.17x | $9.79 Billion | $1.71 Billion | ▲ +9.0% |
| 2015 | 0.16x | $9.74 Billion | $1.56 Billion | ▼ -11.1% |
| 2014 | 0.18x | $8.05 Billion | $1.45 Billion | ▲ +8.2% |
| 2013 | 0.17x | $6.99 Billion | $1.16 Billion | ▲ +11.1% |
| 2012 | 0.15x | $7.16 Billion | $1.07 Billion | ▲ +2.4% |
| 2011 | 0.15x | $6.97 Billion | $1.02 Billion | ▲ +4.4% |
| 2010 | 0.14x | $6.27 Billion | $878.00 Million | ▲ +6.5% |
| 2009 | 0.13x | $5.62 Billion | $739.00 Million | ▼ -29.6% |
| 2008 | 0.19x | $4.24 Billion | $791.00 Million | ▲ +25.9% |
| 2007 | 0.15x | $5.88 Billion | $871.00 Million | ▲ +32.9% |
| 2006 | 0.11x | $6.53 Billion | $728.00 Million | ▼ -5.2% |
| 2005 | 0.12x | $4.33 Billion | $509.00 Million | ▲ +39.0% |
| 2004 | 0.08x | $4.13 Billion | $350.00 Million | ▼ -27.8% |
| 2003 | 0.12x | $3.00 Billion | $352.00 Million | ▼ -32.2% |
| 2002 | 0.17x | $2.42 Billion | $419.00 Million | ▼ -25.0% |
| 2001 | 0.23x | $1.84 Billion | $425.00 Million | ▲ +43.1% |
| 2000 | 0.16x | $1.52 Billion | $245.00 Million | ▼ -2.3% |
| 1999 | 0.16x | $1.19 Billion | $196.00 Million | ▼ -15.9% |
| 1998 | 0.20x | $1.07 Billion | $210.00 Million | ▼ -28.4% |
| 1997 | 0.27x | $683.00 Million | $187.00 Million | ▼ -6.8% |
| 1996 | 0.29x | $562.26 Million | $165.22 Million | ▲ +16.8% |
| 1995 | 0.25x | $434.27 Million | $109.23 Million | ▲ +3.1% |
| 1994 | 0.24x | $326.26 Million | $79.61 Million | ▲ +23.0% |
| 1993 | 0.20x | $278.80 Million | $55.30 Million | ▲ +67.4% |
| 1992 | 0.12x | $189.00 Million | $22.40 Million | ▼ -0.4% |
| 1991 | 0.12x | $126.90 Million | $15.10 Million | ▲ +153.4% |
| 1990 | 0.05x | $57.50 Million | $2.70 Million | ▼ -47.8% |
| 1989 | 0.09x | $41.10 Million | $3.70 Million | — |