Humana (HUM) Net Margin (2009 - 2026)
Humana (HUM) posted quarterly Net Margin of 1.75% for Q2 2026, up 1.0% year-over-year from 1.73% in Q2 2025, and down 42.27% quarter-over-quarter from 3.03% in Q1 2026.
Humana (HUM) Net Margin (2009 - 2026) Analysis & Trends
Humana (HUM) has reported Net Margin for 18 consecutive years, with 1.75% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 1.0% year-over-year to 1.75%; the TTM figure through Jun 2026 stood at 0.94% (down 44.0% YoY), while the FY2025 annual figure was 1.01%, down 10.0% from the prior year.
- Net Margin eased to 1.75% in Q2 2026 per HUM's latest filing, from 3.03% in the prior quarter.
- Across five years, Net Margin topped out at 5.22% in Q3 2022 and bottomed at 2.34% in Q4 2025.
- Historically, Net Margin has averaged 1.83% across 5 years, with a median of 2.46% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin sank 212 bps — and 2025, when it jumped 142 bps.
- Humana's Net Margin stood at 1.99% in 2022, then increased by 2 bps to 1.95% in 2023, then fell by 13 bps to 2.21% in 2024, then retreated by 6 bps to 2.34% in 2025, then soared by 175 bps to 1.75% in 2026.
- Business Quant data shows HUM's Net Margin at 1.75% in Q2 2026, 3.03% in Q1 2026, and 2.34% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 5.06% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 2.82% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 2.88% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 1.75% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 2.03% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 0.55% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 7.41% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 2.74% |
| 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 | 8.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.75% |
| Mar 31, 2026 | 3.03% |
| Dec 31, 2025 | -2.34% |
| Sep 30, 2025 | 0.67% |
| Jun 30, 2025 | 1.74% |
| Mar 31, 2025 | 4.00% |
| Dec 31, 2024 | -2.21% |
| Sep 30, 2024 | 1.69% |
| Jun 30, 2024 | 2.35% |
| Mar 31, 2024 | 2.58% |
| Dec 31, 2023 | -1.95% |
| Sep 30, 2023 | 3.19% |
| Jun 30, 2023 | 3.61% |
| Mar 31, 2023 | 4.69% |
| Dec 31, 2022 | -1.99% |
| Sep 30, 2022 | 5.22% |
| Jun 30, 2022 | 2.94% |
| Mar 31, 2022 | 3.90% |
| Dec 31, 2021 | -0.04% |
| Sep 30, 2021 | 7.32% |