United Therapeutics Capital Expenditures (CapEx) Growth & History (UTHR)
United Therapeutics's capital expenditures (capex) was $520.5M for fiscal 2025.
View full United Therapeutics company overviewUnited Therapeutics annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $520.5M | $274.0M | +111.16% |
| 2024 | 2024-12-31 | $246.5M | $16.1M | +6.99% |
| 2023 | 2023-12-31 | $230.4M | $91.6M | +65.99% |
| 2022 | 2022-12-31 | $138.8M | $18.0M | +14.90% |
| 2021 | 2021-12-31 | $120.8M | $61.5M | +103.71% |
| 2020 | 2020-12-31 | $59.3M | −$24.4M | −29.15% |
| 2019 | 2019-12-31 | $83.7M | −$100.7M | −54.61% |
| 2018 | 2018-12-31 | $184.4M | $98.1M | +113.67% |
| 2017 | 2017-12-31 | $86.3M | $48.3M | +127.11% |
| 2016 | 2016-12-31 | $38.0M | −$11.8M | −23.69% |
| 2015 | 2015-12-31 | $49.8M | $2.4M | +5.06% |
| 2014 | 2014-12-31 | $47.4M | $15.5M | +48.54% |
| 2013 | 2013-12-31 | $31.9M | −$80.0M | −71.48% |
| 2012 | 2012-12-31 | $111.9M | $75.9M | +211.04% |
| 2011 | 2011-12-31 | $36.0M | $17.3M | +93.02% |
| 2010 | 2010-12-31 | $18.6M | −$76.8M | −80.46% |
| 2009 | 2009-12-31 | $95.4M | −$29.0M | −23.32% |
| 2008 | 2008-12-31 | $124.4M | — | — |
United Therapeutics quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $108.0M | $45.8M | +73.63% |
| Q1 2026 | 2026-03-31 | $100.8M | $25.9M | +34.58% |
| Q4 2025 | 2025-12-31 | $172.9M | $86.2M | +99.42% |
| Q3 2025 | 2025-09-30 | $210.5M | $134.0M | +175.16% |
| Q2 2025 | 2025-06-30 | $62.2M | $17.1M | +37.92% |
| Q1 2025 | 2025-03-31 | $74.9M | $36.7M | +96.07% |
| Q4 2024 | 2024-12-31 | $86.7M | $8.0M | +10.17% |
| Q3 2024 | 2024-09-30 | $76.5M | $10.8M | +16.44% |
| Q2 2024 | 2024-06-30 | $45.1M | $400,000 | +0.89% |
| Q1 2024 | 2024-03-31 | $38.2M | −$3.1M | −7.51% |
| Q4 2023 | 2023-12-31 | $78.7M | $39.2M | +99.24% |
| Q3 2023 | 2023-09-30 | $65.7M | −$3.1M | −4.51% |
| Q2 2023 | 2023-06-30 | $44.7M | $27.7M | +162.94% |
| Q1 2023 | 2023-03-31 | $41.3M | $27.8M | +205.93% |
| Q4 2022 | 2022-12-31 | $39.5M | −$31.1M | −44.05% |
| Q3 2022 | 2022-09-30 | $68.8M | $45.5M | +195.28% |
| Q2 2022 | 2022-06-30 | $17.0M | $700,000 | +4.29% |
| Q1 2022 | 2022-03-31 | $13.5M | $2.9M | +27.36% |
| Q4 2021 | 2021-12-31 | $70.6M | $58.3M | +473.98% |
| Q3 2021 | 2021-09-30 | $23.3M | $7.5M | +47.47% |
| Q2 2021 | 2021-06-30 | $16.3M | −$1.9M | −10.44% |
| Q1 2021 | 2021-03-31 | $10.6M | −$2.4M | −18.46% |
| Q4 2020 | 2020-12-31 | $12.3M | −$12.4M | −50.20% |
| Q3 2020 | 2020-09-30 | $15.8M | $2.2M | +16.18% |
| Q2 2020 | 2020-06-30 | $18.2M | −$2.1M | −10.34% |
| Q1 2020 | 2020-03-31 | $13.0M | −$12.1M | −48.21% |
| Q4 2019 | 2019-12-31 | $24.7M | −$27.1M | −52.32% |
| Q3 2019 | 2019-09-30 | $13.6M | −$27.9M | −67.23% |
| Q2 2019 | 2019-06-30 | $20.3M | −$33.2M | −62.06% |
| Q1 2019 | 2019-03-31 | $25.1M | −$12.5M | −33.24% |
| Q4 2018 | 2018-12-31 | $51.8M | $24.0M | +86.33% |
| Q3 2018 | 2018-09-30 | $41.5M | $19.5M | +88.64% |
| Q2 2018 | 2018-06-30 | $53.5M | $32.6M | +155.98% |
| Q1 2018 | 2018-03-31 | $37.6M | $22.0M | +141.03% |
| Q4 2017 | 2017-12-31 | $27.8M | $13.1M | +89.12% |
| Q3 2017 | 2017-09-30 | $22.0M | $12.9M | +141.76% |
| Q2 2017 | 2017-06-30 | $20.9M | $10.5M | +100.96% |
| Q1 2017 | 2017-03-31 | $15.6M | $11.8M | +310.53% |
| Q4 2016 | 2016-12-31 | $14.7M | −$16.8M | −53.33% |
| Q3 2016 | 2016-09-30 | $9.1M | −$1.4M | −13.33% |
| Q2 2016 | 2016-06-30 | $10.4M | $6.6M | +173.68% |
| Q1 2016 | 2016-03-31 | $3.8M | −$200,000 | −5.00% |
| Q4 2015 | 2015-12-31 | $31.5M | $29.3M | +1304.37% |
| Q3 2015 | 2015-09-30 | $10.5M | −$3.1M | −23.05% |
| Q2 2015 | 2015-06-30 | $3.8M | −$9.0M | −70.40% |
| Q1 2015 | 2015-03-31 | $4.0M | −$14.7M | −78.58% |
| Q4 2014 | 2014-12-31 | $2.2M | −$11.2M | −83.28% |
| Q3 2014 | 2014-09-30 | $13.6M | $4.2M | +44.90% |
| Q2 2014 | 2014-06-30 | $12.8M | $8.0M | +165.37% |
| Q1 2014 | 2014-03-31 | $18.7M | $14.4M | +340.16% |
| Q4 2013 | 2013-12-31 | $13.4M | −$7.8M | −36.89% |
| Q3 2013 | 2013-09-30 | $9.4M | $2.7M | +39.93% |
| Q2 2013 | 2013-06-30 | $4.8M | −$38.8M | −88.92% |
| Q1 2013 | 2013-03-31 | $4.2M | −$36.0M | −89.47% |
| Q4 2012 | 2012-12-31 | $21.3M | $20.5M | +2745.38% |
| Q3 2012 | 2012-09-30 | $6.7M | −$11.1M | −62.28% |
| Q2 2012 | 2012-06-30 | $43.6M | $31.1M | +247.80% |
| Q1 2012 | 2012-03-31 | $40.3M | $33.9M | +535.76% |
| Q4 2011 | 2011-12-31 | $747,000 | −$4.7M | −86.27% |
| Q3 2011 | 2011-09-30 | $17.8M | $13.8M | +337.09% |
| Q2 2011 | 2011-06-30 | $12.5M | $9.8M | +355.43% |
| Q1 2011 | 2011-03-31 | $6.3M | −$26,000 | −0.41% |
| Q4 2010 | 2010-12-31 | $5.4M | — | — |
| Q3 2010 | 2010-09-30 | $4.1M | −$20.0M | −83.03% |
| Q2 2010 | 2010-06-30 | $2.8M | — | — |
| Q1 2010 | 2010-03-31 | $6.4M | — | — |
| Q3 2009 | 2009-09-30 | $24.1M | — | — |
United Therapeutics capital expenditures (capex) trends
Over the last five fiscal years, United Therapeutics's capital expenditures (capex) increased from $59.3M to $520.5M, a change of $461.2M. The latest reported quarter, Q2 2026, shows $108.0M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Therapeutics source filings ↗