Humana (HUM) Net Margin (2009 - 2026)
Humana's (HUM) quarterly Net Margin came in at 1.75% in 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.
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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.
- On a quarterly basis, Net Margin rose 1.0% year-over-year to 1.75% in Q2 2026; TTM through Jun 2026 was 0.94%, a 44.0% decrease from a year earlier, with the FY2025 full-year figure at 1.01%, down 10.0% from the prior year.
- Net Margin was 1.75% for Q2 2026 at Humana, down from 3.03% in the prior quarter.
- Over five years, Net Margin peaked at 5.22% in Q3 2022 and troughed at 2.34% in Q4 2025.
- A 5-year average of 1.83% and a median of 2.46% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 212 bps in 2024 and soared 142 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 1.99% in 2022, then climbed by 2 bps to 1.95% in 2023, then dropped by 13 bps to 2.21% in 2024, then declined by 6 bps to 2.34% in 2025, then jumped by 175 bps to 1.75% in 2026.
- The last three Net Margin figures came in at 1.75% (Q2 2026), 3.03% (Q1 2026), and 2.34% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 349.71 Bn | 318.24 Bn | 36.67 Bn | 5.06% |
| 2 | Cvs Health | 121.89 Bn | 107.93 Bn | 47.23 Bn | 2.82% |
| 3 | Elevance Health | 90.41 Bn | 54.46 Bn | 13.45 Bn | 2.88% |
| 4 | Cigna | 73.73 Bn | 66.47 Bn | 14.97 Bn | 2.62% |
| 5 | Humana | 48.06 Bn | 24.19 Bn | 5.50 Bn | 1.75% |
| 6 | Centene | 32.28 Bn | 5.22 Bn | 14.55 Bn | 2.03% |
| 7 | Molina Healthcare | 10.24 Bn | 1.32 Bn | 1.43 Bn | 0.55% |
| 8 | Oscar Health | 9.83 Bn | 1.28 Bn | 1.09 Bn | 7.41% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.65 Bn | 1.95 Bn | 180.96 Mn | 2.74% |
Historic Data
Download Data
Historic 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% |