UnitedHealth Group Incorporated (UNH) — Free Cash Flow Generation Index

Latest as of June 2026: 0.93x

UnitedHealth Group Incorporated (UNH) has a Free Cash Flow Generation Index of 0.93x as of June 2026. Free cash flow of $10.25 Billion represents 1% of operating cash flow ($11.05 Billion). Explore UnitedHealth Group Incorporated (UNH) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.93x
Free Cash Flow / Operating CF

Free Cash Flow

$10.25 Billion
USD

Operating Cash Flow

$11.05 Billion
USD

Capital Expenditures

$799.00 Million
USD

UnitedHealth Group Incorporated Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for UnitedHealth Group Incorporated across 37 annual periods. For the full cash flow conversion analysis, see UnitedHealth Group Incorporated operating cash flow efficiency.

Annual Free Cash Flow Generation for UnitedHealth Group Incorporated (1989–2025)

Year-by-year Free Cash Flow Generation Index for UnitedHealth Group Incorporated. Check UnitedHealth Group Incorporated total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.82x $16.07 Billion $19.70 Billion $3.62 Billion ▼ -4.6%
2024 0.86x $20.70 Billion $24.20 Billion $3.50 Billion ▼ -3.2%
2023 0.88x $25.68 Billion $29.07 Billion $3.39 Billion ▼ -1.1%
2022 0.89x $23.40 Billion $26.21 Billion $2.80 Billion ▲ +0.3%
2021 0.89x $19.89 Billion $22.34 Billion $2.45 Billion ▼ -1.9%
2020 0.91x $20.12 Billion $22.17 Billion $2.05 Billion ▲ +2.2%
2019 0.89x $16.39 Billion $18.46 Billion $2.07 Billion ▲ +2.2%
2018 0.87x $13.65 Billion $15.71 Billion $2.06 Billion ▲ +2.1%
2017 0.85x $11.57 Billion $13.60 Billion $2.02 Billion ▲ +3.1%
2016 0.83x $8.09 Billion $9.79 Billion $1.71 Billion ▼ -1.7%
2015 0.84x $8.18 Billion $9.74 Billion $1.56 Billion ▲ +2.4%
2014 0.82x $6.60 Billion $8.05 Billion $1.45 Billion ▼ -1.6%
2013 0.83x $5.83 Billion $6.99 Billion $1.16 Billion ▼ -1.9%
2012 0.85x $6.08 Billion $7.16 Billion $1.07 Billion ▼ -0.4%
2011 0.85x $5.95 Billion $6.97 Billion $1.02 Billion ▼ -0.7%
2010 0.86x $5.39 Billion $6.27 Billion $878.00 Million ▼ -1.0%
2009 0.87x $4.89 Billion $5.62 Billion $739.00 Million ▲ +6.8%
2008 0.81x $3.45 Billion $4.24 Billion $791.00 Million ▼ -4.5%
2007 0.85x $5.01 Billion $5.88 Billion $871.00 Million ▼ -4.1%
2006 0.89x $5.80 Billion $6.53 Billion $728.00 Million ▲ +0.7%
2005 0.88x $3.82 Billion $4.33 Billion $509.00 Million ▼ -3.6%
2004 0.92x $3.79 Billion $4.13 Billion $350.00 Million ▲ +3.7%
2003 0.88x $2.65 Billion $3.00 Billion $352.00 Million ▲ +6.7%
2002 0.83x $2.00 Billion $2.42 Billion $419.00 Million ▲ +7.5%
2001 0.77x $1.42 Billion $1.84 Billion $425.00 Million ▼ -8.3%
2000 0.84x $1.28 Billion $1.52 Billion $245.00 Million ▲ +0.5%
1999 0.84x $993.00 Million $1.19 Billion $196.00 Million ▲ +3.9%
1998 0.80x $861.00 Million $1.07 Billion $210.00 Million ▲ +10.7%
1997 0.73x $496.00 Million $683.00 Million $187.00 Million ▲ +2.8%
1996 0.71x $397.04 Million $562.26 Million $165.22 Million ▼ -5.7%
1995 0.75x $325.05 Million $434.27 Million $109.23 Million ▼ -1.0%
1994 0.76x $246.65 Million $326.26 Million $79.61 Million ▼ -5.7%
1993 0.80x $223.50 Million $278.80 Million $55.30 Million ▼ -9.1%
1992 0.88x $166.60 Million $189.00 Million $22.40 Million ▲ +0.1%
1991 0.88x $111.80 Million $126.90 Million $15.10 Million ▼ -7.6%
1990 0.95x $54.80 Million $57.50 Million $2.70 Million ▲ +4.7%
1989 0.91x $37.40 Million $41.10 Million $3.70 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).