Financing
Net change in commercial paper
UnitedHealth Group Net change in commercial paper increased by 154.0% to $2.87B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 132.6%, from -$8.81B to $2.87B.
Analysis
StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2025
How to read this metric
Increased reliance on commercial paper may signal tight cash flow or seasonal working capital needs.
Detailed definition
This represents the net change in short-term unsecured debt obligations issued by the company to meet immediate working...
Peer comparison
Standard for large-cap companies with high credit ratings and active treasury operations.
Metric ID:
cf_commercial_paper_netHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$4.23B | -$1.13B | -$1.00M | $3.15B | -$1.81B | -$1.36B | $748.00M | $7.35B | -$3.92B | -$1.85B | $6.19B | $2.43B | -$8.81B | $3.91B | -$5.31B | $2.87B |
| QoQ Change | — | +73.4% | +99.9% | >999% | -157.4% | +25.0% | +155.2% | +882.5% | -153.4% | +52.9% | +435.1% | -60.8% | -463.0% | +144.4% | -235.9% | +154.0% |
| YoY Change | — | — | — | — | +57.3% | -20.5% | >999% | +133.4% | -117.0% | -36.2% | -15.8% | +161.8% | -376.8% | -36.8% | -319.0% | +132.6% |
Range-$8.81B – $7.35B
CAGR-9.8%
Avg YoY Growth>999%
Median YoY Growth-18.2%
Net change in commercial paper at Other Companies
Frequently Asked Questions
- What is UnitedHealth Group's net change in commercial paper?
- UnitedHealth Group (UNH) reported net change in commercial paper of $2.87B in Q3 2025.
- How has UnitedHealth Group's net change in commercial paper changed year-over-year?
- UnitedHealth Group's net change in commercial paper increased by 132.6% year-over-year, from -$8.81B to $2.87B.
- What does net change in commercial paper mean?
- The net increase or decrease in short-term debt issued to fund operations.