Is it safe?
Can UNH take a bad year?
UnitedHealth Group carries $41.9B of net debt at 1.61× EBITDA: a load its earnings can carry.
$41.9B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.61×
Net debt / EBITDA · 1.35× a year ago · the load is going up
- Altman Z-score
- 3.04
Altman Z-score · safe zone, above 3
- Interest cover
- 5.57×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $73.3B
- Cash and short-term investments
- $31.5B
- Net debt
- $41.9B
- EBITDA, trailing twelve months
- $26.0B
- Operating profit, trailing twelve months
- $21.7B
- Debt / equity
- 0.70×
- Total debt / EBITDA
- 2.83×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −61%
- Below its 52-week high
- −8.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Healthcare Plans
Ranks #10 of 11 by Smart Score