UNH · 10-Q · 2026Q3 · Full report

Credit Ratings and Outlook

UNITEDHEALTH GROUP INC · 2026-11-03 · Importance 37 · Surprise 42

At September 30, 2026, senior unsecured debt ratings were A2 from Moody’s, A+ from S&P Global, A from Fitch, and A- from A.M. Best. Moody’s, S&P Global, and Fitch each assigned a Negative outlook, while A.M. Best’s outlook was Stable. Commercial-paper ratings were P-1, A-1, F1, and AMB-1, respectively. The company stated that a significant downgrade or adverse capital-market conditions could increase borrowing costs or limit access to capital.

Key facts

• As of September 30, 2026, Moody’s rated UnitedHealth Group’s senior unsecured debt A2 with a Negative outlook and commercial paper P-1. source
• As of September 30, 2026, UnitedHealth Group’s available-for-sale debt securities portfolio had a weighted-average duration of 4.3 years and a weighted-average credit rating of Double A. source