Humana (HUM) Gross Margin (2009 - 2026)
Humana's (HUM) quarterly Gross Margin came in at 14.98% in Q1 2026, down 238.0% year-on-year from 10.86% in Q1 2025, and up 28.42% on a QoQ basis from 11.67% in Q4 2025.
Humana (HUM) Gross Margin (2009 - 2026) Analysis & Trends
Humana (HUM) has 18 years of Gross Margin data on file, last reported at 14.98% in Q1 2026.
- On a quarterly basis, Gross Margin fell 238.0% year-over-year to 14.98% in Q1 2026; TTM through Mar 2026 was 13.15%, a 59098.0% decrease from a year earlier, with the FY2025 full-year figure at 14.54%, up 218635.0% from the prior year.
- Gross Margin for Q1 2026 stood at 14.98%, up from 11.67% in the prior quarter.
- Over the last five years, Gross Margin for HUM reached as high as 130.17% in Q4 2024 and fell as low as 2741.28% in Q4 2022.
- Historically, Gross Margin has averaged 931.73% across 5 years, with a median of 8.86% in 2025.
- Across the five-year window, Gross Margin soared 276592 bps in 2023 and slumped 219079 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 2741.28% in 2022, then surged by 101 bps to 24.64% in 2023, then jumped by 428 bps to 130.17% in 2024, then tumbled by 91 bps to 11.67% in 2025, then increased by 28 bps to 14.98% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 14.98% in Q1 2026, 11.67% in Q4 2025, and 8.86% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 34.22% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 67.61% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 86.70% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 14.98% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 98.43% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 13.19% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 30.50% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 11.70% |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 25.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.98% |
| Dec 31, 2025 | 11.67% |
| Sep 30, 2025 | 8.86% |
| Jun 30, 2025 | -1,868.93% |
| Mar 31, 2025 | 17.37% |
| Dec 31, 2024 | 130.17% |
| Sep 30, 2024 | -2,177.43% |
| Jun 30, 2024 | 15.24% |
| Mar 31, 2024 | -2,265.73% |
| Dec 31, 2023 | 24.64% |
| Sep 30, 2023 | 13.36% |
| Jun 30, 2023 | -2,150.41% |
| Mar 31, 2023 | -2,087.99% |
| Dec 31, 2022 | -2,741.28% |
| Sep 30, 2022 | -1,486.19% |
| Jun 30, 2022 | -1,315.79% |
| Mar 31, 2022 | 18.13% |
| Dec 31, 2021 | -1,291.70% |
| Sep 30, 2021 | -1,949.23% |
| Jun 30, 2021 | -3,392.67% |