UnitedHealth Group Incorporated (UNH) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.03x

UnitedHealth Group Incorporated (UNH) has a Cash Flow Reinvestment Rate of 2.03x as of December 2025, reinvesting $2.24 Billion (capex $948.00 Million plus investments $-1.30 Billion) from operating cash flow of $1.11 Billion. Explore UnitedHealth Group Incorporated capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

2.03x
(Capex + Investments) / Operating CF

Total Reinvested

$2.24 Billion
Capex + Investments

Operating Cash Flow

$1.11 Billion
USD

Capital Expenditures

$948.00 Million
USD

UnitedHealth Group Incorporated Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for UnitedHealth Group Incorporated across 37 annual periods. Also explore UnitedHealth Group Incorporated (UNH) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for UnitedHealth Group Incorporated (1989–2025)

Year-by-year capital reinvestment analysis for UnitedHealth Group Incorporated. For live market cap and broader valuation context, see UnitedHealth Group Incorporated (UNH) market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.20x $3.98 Billion $19.70 Billion $3.62 Billion ▼ -79.6%
2024 0.99x $24.03 Billion $24.20 Billion $3.50 Billion ▲ +52.2%
2023 0.65x $18.96 Billion $29.07 Billion $3.39 Billion ▼ -45.4%
2022 1.19x $31.28 Billion $26.21 Billion $2.80 Billion ▲ +520.6%
2021 0.19x $4.30 Billion $22.34 Billion $2.45 Billion ▼ -12.7%
2020 0.22x $4.89 Billion $22.17 Billion $2.05 Billion ▼ -11.1%
2019 0.25x $4.58 Billion $18.46 Billion $2.07 Billion ▼ -36.8%
2018 0.39x $6.16 Billion $15.71 Billion $2.06 Billion ▼ -15.9%
2017 0.47x $6.34 Billion $13.60 Billion $2.02 Billion ▼ -40.1%
2016 0.78x $7.63 Billion $9.79 Billion $1.71 Billion ▲ +263.6%
2015 0.21x $2.09 Billion $9.74 Billion $1.56 Billion ▼ -23.2%
2014 0.28x $2.25 Billion $8.05 Billion $1.45 Billion ▼ -29.6%
2013 0.40x $2.77 Billion $6.99 Billion $1.16 Billion ▲ +19.8%
2012 0.33x $2.37 Billion $7.16 Billion $1.07 Billion ▼ -15.0%
2011 0.39x $2.71 Billion $6.97 Billion $1.02 Billion ▼ -19.5%
2010 0.48x $3.04 Billion $6.27 Billion $878.00 Million ▲ +175.5%
2009 0.18x $988.00 Million $5.62 Billion $739.00 Million ▼ -5.9%
2008 0.19x $791.00 Million $4.24 Billion $791.00 Million ▲ +25.9%
2007 0.15x $871.00 Million $5.88 Billion $871.00 Million ▲ +32.9%
2006 0.11x $728.00 Million $6.53 Billion $728.00 Million ▼ -5.2%
2005 0.12x $509.00 Million $4.33 Billion $509.00 Million ▲ +39.0%
2004 0.08x $350.00 Million $4.13 Billion $350.00 Million ▼ -27.8%
2003 0.12x $352.00 Million $3.00 Billion $352.00 Million ▼ -32.2%
2002 0.17x $419.00 Million $2.42 Billion $419.00 Million ▼ -25.0%
2001 0.23x $425.00 Million $1.84 Billion $425.00 Million ▲ +43.1%
2000 0.16x $245.00 Million $1.52 Billion $245.00 Million ▼ -2.3%
1999 0.16x $196.00 Million $1.19 Billion $196.00 Million ▼ -15.9%
1998 0.20x $210.00 Million $1.07 Billion $210.00 Million ▼ -28.4%
1997 0.27x $187.00 Million $683.00 Million $187.00 Million ▼ -6.8%
1996 0.29x $165.22 Million $562.26 Million $165.22 Million ▲ +16.8%
1995 0.25x $109.23 Million $434.27 Million $109.23 Million ▲ +3.1%
1994 0.24x $79.61 Million $326.26 Million $79.61 Million ▲ +23.0%
1993 0.20x $55.30 Million $278.80 Million $55.30 Million ▲ +67.4%
1992 0.12x $22.40 Million $189.00 Million $22.40 Million ▼ -0.4%
1991 0.12x $15.10 Million $126.90 Million $15.10 Million ▲ +153.4%
1990 0.05x $2.70 Million $57.50 Million $2.70 Million ▼ -47.8%
1989 0.09x $3.70 Million $41.10 Million $3.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow