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UnitedHealth Group UNH Redeemable NCI

Redeemable NCI at other companies

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$23M+109%

Other financials

Income statement

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Revenue$111.72B+2.0%
Gross profit$98.9B+1.8%
Operating income$9.0B-1.4%
Net income$6.3B-0.2%
EPS (diluted)$6.90+0.7%

Balance sheet

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Cash & equivalents$28.0B-8.8%
Total debt$77.9B-4.1%
Total equity$103.90B+3.1%
Total assets$312.64B+0.9%

Cash flow

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Operating cash flow$8.9B+63.3%
CapEx$763.0M-15.0%
Free cash flow$8.1B+78.8%

Valuation

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Market cap$366.86B+64.5%
Enterprise value$416.78B+52.4%
P/E30.5×+20.0×
P/S0.8×+0.3×

Profitability

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Gross margin88.6%+0.4pp
Operating margin4.2%-4.0pp
Net margin2.7%-2.7pp
FCF margin4.4%-1.7pp

Returns & leverage

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Return on equity11.8%-11.1pp
Debt / equity0.8×-0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by UnitedHealth Group in its filing.

Tagged under the XBRL concept us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount.

The source filing: UnitedHealth Group’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:38 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000731766-26-000127
(in millions, except per share data)March 31,2026December 31,2025
Other liabilities18,89718,245
Total liabilities207,325207,883
Commitments and contingencies (Note 7)
Redeemable noncontrolling interests1,4241,608
Equity:
Preferred stock, $0.001 par value - 10 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value - 3,000 shares authorized; 908 and 906 issued and outstanding99
Additional paid-in capital556559

Item 1. Financial Statements (unaudited)

FAQ

What is UnitedHealth Group's redeemable NCI?
UnitedHealth Group (UNH) reported redeemable NCI of $1.42B in Q1 2026.
How has UnitedHealth Group's redeemable NCI changed year-over-year?
UnitedHealth Group's redeemable NCI decreased by 67.3% year-over-year, from $4.36B to $1.42B.
What is the long-term trend for UnitedHealth Group's redeemable NCI?
Over 5 years (2020 to 2025), UnitedHealth Group's redeemable NCI has grown at a -6.2% compound annual growth rate (CAGR), from $2.21B to $1.61B.
What does redeemable NCI mean?
Minority interests in subsidiaries that include a put option allowing the minority holder to require the parent to repurchase their stake.

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