Humana (HUM) Net Margin (2009 - 2026)
Humana (HUM) posted Net Margin of 1.70% for Q2 2026, up 0.02 percentage points from 1.68% a year earlier but down 1.29 percentage points from the prior quarter.
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Analysis
Humana (HUM) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Humana was 0.88%, down 0.40 percentage points year-over-year; for FY2025, it came in at 0.92%, down 0.11 percentage points from FY2024.
- Annual Net Margin has declined for five consecutive years, with a five-year change of -3.45 percentage points (FY2020 to FY2025).
- In prior years, Humana's Net Margin was 1.02% in FY2024 (-1.31 pp), 2.34% in FY2023 (-0.68 pp), 3.02% in FY2022 (-0.51 pp) and 3.53% in FY2021 (-0.83 pp).
- Quarterly Net Margin has run from a low of -2.45% in Q4 2025 to a high of 7.40% in Q3 2021 over five years.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -0.38 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2025, with a gain of 1.37 percentage points; the weakest was Q3 2022, with a drop of 2.16 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 2.99% (Q1 2026), -2.45% (Q4 2025) and 0.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 4.90% |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 2.81% |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 0.58% |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 2.90% |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 2.32% |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 0.90% |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 0.63% |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 1.70% |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 2.04% |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 0.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70% |
| Mar 31, 2026 | 2.99% |
| Dec 31, 2025 | -2.45% |
| Sep 30, 2025 | 0.60% |
| Jun 30, 2025 | 1.68% |
| Mar 31, 2025 | 3.87% |
| Dec 31, 2024 | -2.37% |
| Sep 30, 2024 | 1.63% |
| Jun 30, 2024 | 2.30% |
| Mar 31, 2024 | 2.50% |
| Dec 31, 2023 | -2.04% |
| Sep 30, 2023 | 3.15% |
| Jun 30, 2023 | 3.59% |
| Mar 31, 2023 | 4.63% |
| Dec 31, 2022 | -0.07% |
| Sep 30, 2022 | 5.24% |
| Jun 30, 2022 | 2.94% |
| Mar 31, 2022 | 3.88% |
| Dec 31, 2021 | -0.07% |
| Sep 30, 2021 | 7.40% |
API Access
Humana Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HUM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HUM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HUM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();