Humana (HUM) EBITDA Margin (2009 - 2026)
Humana's (HUM) quarterly EBITDA Margin came in at 3.77% in Q2 2026, down 23.0% year-over-year from 4.89% in Q2 2025, and down 22.87% quarter-over-quarter from 4.89% in Q1 2026.
Analysis
Humana (HUM) EBITDA Margin (2009 - 2026) Analysis & Trends
Humana (HUM) has reported EBITDA Margin for 18 consecutive years, with 3.77% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 23.0% year-over-year to 3.77% in Q2 2026; TTM through Jun 2026 was 2.37%, a 100.0% decrease from a year earlier, with the FY2025 full-year figure at 2.68%, down 27.0% from the prior year.
- EBITDA Margin was 3.77% for Q2 2026 at Humana, down from 4.89% in the prior quarter.
- Over five years, EBITDA Margin peaked at 48.62% in Q4 2022 and troughed at 1.91% in Q4 2025.
- A 5-year average of 6.45% and a median of 4.91% in 2026 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 4752 bps in 2022 and plunged 4910 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin stood at 48.62% in 2022, then plunged by 101 bps to 0.48% in 2023, then sank by 128 bps to 1.09% in 2024, then plunged by 76 bps to 1.91% in 2025, then surged by 297 bps to 3.77% in 2026.
- The last three EBITDA Margin figures came in at 3.77% (Q2 2026), 4.89% (Q1 2026), and 1.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn | 7.13% |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn | 4.43% |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn | 1.39% |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn | 3.73% |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn | 3.77% |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn | 2.50% |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn | 1.33% |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn | 7.96% |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn | 3.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77% |
| Mar 31, 2026 | 4.89% |
| Dec 31, 2025 | -1.91% |
| Sep 30, 2025 | 1.81% |
| Jun 30, 2025 | 4.00% |
| Mar 31, 2025 | 6.89% |
| Dec 31, 2024 | -1.09% |
| Sep 30, 2024 | 3.25% |
| Jun 30, 2024 | 4.63% |
| Mar 31, 2024 | 4.94% |
| Dec 31, 2023 | -0.48% |
| Sep 30, 2023 | 5.39% |
| Jun 30, 2023 | 6.15% |
| Mar 31, 2023 | 7.18% |
| Dec 31, 2022 | 48.62% |
| Sep 30, 2022 | 5.96% |
| Jun 30, 2022 | 5.93% |
| Mar 31, 2022 | 6.13% |
| Dec 31, 2021 | 1.11% |
| Sep 30, 2021 | 3.81% |