Humana (HUM) Gross Margin (2009 - 2026)
Humana (HUM) recorded quarterly Gross Margin of 10.61% in Q1 2026, down 9.05% quarter-over-quarter from 11.67% in Q4 2025, and up 189974.0% on a YoY basis from N/an in Q1 2025.
Humana (HUM) Gross Margin (2009 - 2026) Analysis & Trends
Humana's Gross Margin history runs 18 years deep, the most recent figure standing at 10.61% for Q1 2026.
- In Q1 2026, Gross Margin rose 189974.0% year-over-year to 10.61%; the TTM figure through Mar 2026 stood at 11.68% (down 51638.0% YoY), while the FY2025 annual figure was 14.54%, up 218635.0% from the prior year.
- Gross Margin was 10.61% for Q1 2026 at Humana, down from 11.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 130.17% in Q4 2024 to a low of 2741.28% in Q4 2022.
- Historically, Gross Margin has averaged 253.07% across 5 years, with a median of 14.27% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 276572 bps in 2022, then jumped 275062 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 2741.28% in 2022, then soared by 100 bps to 9.34% in 2023, then soared by 1294 bps to 130.17% in 2024, then plunged by 91 bps to 11.67% in 2025, then slipped by 9 bps to 10.61% in 2026.
- The last three Gross Margin figures came in at 10.61% (Q1 2026), 11.67% (Q4 2025), and 14.27% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 370.74 Bn | 340.93 Bn | 98.90 Bn | 88.52% |
| 2 | Cvs Health | 129.62 Bn | 118.00 Bn | 4.43 Bn | 13.12% |
| 3 | Elevance Health | 88.73 Bn | 53.31 Bn | 13.88 Bn | 28.04% |
| 4 | Cigna | 78.23 Bn | 70.61 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 45.63 Bn | 23.73 Bn | 4.00 Bn | 10.61% |
| 6 | Centene | 32.06 Bn | 8.39 Bn | 49.24 Bn | 98.59% |
| 7 | Molina Healthcare | 10.16 Bn | 905.08 Mn | 1.53 Bn | 14.13% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | -56,385.78% |
| 9 | Alignment Healthcare | 4.05 Bn | 3.33 Bn | 135.85 Mn | 11.08% |
| 10 | Clover Health Investments | 2.46 Bn | 2.27 Bn | 154.54 Mn | 20.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.61% |
| Dec 31, 2025 | 11.67% |
| Sep 30, 2025 | 14.27% |
| Jun 30, 2025 | 10.26% |
| Mar 31, 2025 | -1,889.13% |
| Dec 31, 2024 | 130.17% |
| Sep 30, 2024 | 14.55% |
| Jun 30, 2024 | 15.24% |
| Mar 31, 2024 | 15.15% |
| Dec 31, 2023 | 9.34% |
| Sep 30, 2023 | 17.70% |
| Jun 30, 2023 | 17.71% |
| Mar 31, 2023 | 14.45% |
| Dec 31, 2022 | -2,741.28% |
| Sep 30, 2022 | 19.36% |
| Jun 30, 2022 | 14.22% |
| Mar 31, 2022 | 13.56% |
| Dec 31, 2021 | 24.44% |
| Sep 30, 2021 | 16.34% |
| Jun 30, 2021 | 16.93% |