Humana HUM
NYSE HUM
$402.26 +2.24 (+0.56%)
As of: Sep 10, 2026 · 2:08 PM EDT

Humana (HUM) Gross Margin (2009 - 2026)

Humana's (HUM) quarterly Gross Margin came in at 13.45% in Q2 2026, down 144.0% year-over-year from 30.57% in Q2 2025, and down 10.23% quarter-over-quarter from 14.98% in Q1 2026.

Analysis

Humana (HUM) Gross Margin (2009 - 2026) Analysis & Trends

Humana (HUM) has reported Gross Margin for 18 consecutive years, with 13.45% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 144.0% year-over-year to 13.45% in Q2 2026; TTM through Jun 2026 was 13.65%, a 138.0% decrease from a year earlier, with the FY2025 full-year figure at 14.54%, up 2.0% from the prior year.
  • Gross Margin was 13.45% for Q2 2026 at Humana, down from 14.98% in the prior quarter.
  • Over five years, Gross Margin peaked at 19.36% in Q3 2022 and troughed at 2741.28% in Q4 2022.
  • A 5-year average of 137.35% and a median of 15.07% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 275846 bps in 2022 and jumped 275519 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 2741.28% in 2022, then jumped by 101 bps to 13.91% in 2023, then fell by 6 bps to 13.12% in 2024, then decreased by 11 bps to 11.67% in 2025, then rose by 15 bps to 13.45% in 2026.
  • The last three Gross Margin figures came in at 13.45% (Q2 2026), 14.98% (Q1 2026), and 11.67% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Unitedhealth 352.42 Bn 320.96 Bn 36.67 Bn 32.74%
2 Cvs Health 121.84 Bn 107.88 Bn 47.23 Bn 44.52%
3 Elevance Health 90.86 Bn 54.91 Bn 13.45 Bn 26.65%
4 Cigna 73.56 Bn 66.30 Bn 14.97 Bn 20.88%
5 Humana 48.30 Bn 24.43 Bn 5.50 Bn 13.45%
6 Centene 32.37 Bn 5.31 Bn 14.55 Bn 27.16%
7 Molina Healthcare 10.16 Bn 1.24 Bn 1.43 Bn 13.19%
8 Oscar Health 9.70 Bn 1.15 Bn 1.09 Bn 22.25%
9 Corvel 3.48 Bn 3.13 Bn - -
10 Alignment Healthcare 2.66 Bn 1.95 Bn 180.96 Mn 13.55%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.45%
Mar 31, 2026 14.98%
Dec 31, 2025 11.67%
Sep 30, 2025 14.27%
Jun 30, 2025 14.89%
Mar 31, 2025 17.37%
Dec 31, 2024 13.12%
Sep 30, 2024 14.55%
Jun 30, 2024 15.24%
Mar 31, 2024 15.15%
Dec 31, 2023 13.91%
Sep 30, 2023 17.70%
Jun 30, 2023 17.71%
Mar 31, 2023 18.26%
Dec 31, 2022 -2,741.28%
Sep 30, 2022 19.36%
Jun 30, 2022 19.28%
Mar 31, 2022 18.13%
Dec 31, 2021 17.17%
Sep 30, 2021 16.34%