Humana (HUM) EBT Margin (2009 - 2026)
Humana (HUM) posted quarterly EBT Margin of 2.33% for Q2 2026, up 4.0% year-over-year from 2.24% in Q2 2025, and down 42.09% quarter-over-quarter from 4.02% in Q1 2026.
Humana (HUM) EBT Margin (2009 - 2026) Analysis & Trends
Humana (HUM) has reported EBT Margin for 18 consecutive years, with 2.33% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin rose 4.0% year-over-year to 2.33%; the TTM figure through Jun 2026 stood at 1.15% (down 66.0% YoY), while the FY2025 annual figure was 1.2%, down 26.0% from the prior year.
- EBT Margin eased to 2.33% in Q2 2026 per HUM's latest filing, from 4.02% in the prior quarter.
- Across five years, EBT Margin topped out at 6.04% in Q1 2023 and bottomed at 10.86% in Q4 2022.
- Historically, EBT Margin has averaged 1.91% across 5 years, with a median of 3.27% in 2024.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 1057 bps — and 2023, when it soared 862 bps.
- Humana's EBT Margin stood at 10.86% in 2022, then soared by 79 bps to 2.23% in 2023, then slumped by 32 bps to 2.95% in 2024, then decreased by 5 bps to 3.11% in 2025, then surged by 175 bps to 2.33% in 2026.
- Business Quant data shows HUM's EBT Margin at 2.33% in Q2 2026, 4.02% in Q1 2026, and 3.11% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 6.22% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 3.75% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 3.84% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 2.33% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 2.77% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 0.84% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 7.85% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 2.83% |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 3.77% |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 11.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.33% |
| Mar 31, 2026 | 4.02% |
| Dec 31, 2025 | -3.11% |
| Sep 30, 2025 | 0.41% |
| Jun 30, 2025 | 2.29% |
| Mar 31, 2025 | 5.27% |
| Dec 31, 2024 | -2.95% |
| Sep 30, 2024 | 2.21% |
| Jun 30, 2024 | 3.11% |
| Mar 31, 2024 | 3.42% |
| Dec 31, 2023 | -2.23% |
| Sep 30, 2023 | 4.16% |
| Jun 30, 2023 | 4.72% |
| Mar 31, 2023 | 6.04% |
| Dec 31, 2022 | -10.86% |
| Sep 30, 2022 | 5.69% |
| Jun 30, 2022 | 4.74% |
| Mar 31, 2022 | 5.09% |
| Dec 31, 2021 | -0.28% |
| Sep 30, 2021 | 7.90% |