Humana (HUM) Return on Capital Employed [ROCE] (2009 - 2026)
Humana's Return on Capital Employed [ROCE] was 8.14% in Q2 2026, down 1.72 percentage points from 9.86% a year earlier but up 0.15 percentage points from the prior quarter.
Humana (HUM) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Humana came in at 8.63%, up 0.04 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -18.14 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 8.59% in FY2024 (-6.74 pp), 15.32% in FY2023 (+1.00 pp), 14.32% in FY2022 (+1.39 pp) and 12.94% in FY2021 (-13.83 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 7.99% (Q1 2026) and 19.25% (Q1 2023) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in 1 of the last eight quarters, with an average year-over-year change of -2.24 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2023 (a gain of 7.69 percentage points); the worst was Q3 2021 (a drop of 13.89 percentage points).
- Per Business Quant data, HUM's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 7.99% (Q1 2026), 8.20% (Q4 2025) and 8.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 10.87% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 4.98% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 43.39% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | -174.63% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 10.00% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 12.93% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 19.96% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 8.14% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | -13.64% |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 2.39% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.14% |
| Mar 31, 2026 | 7.99% |
| Dec 31, 2025 | 8.20% |
| Sep 30, 2025 | 8.77% |
| Jun 30, 2025 | 9.86% |
| Mar 31, 2025 | 10.89% |
| Dec 31, 2024 | 8.18% |
| Sep 30, 2024 | 8.80% |
| Jun 30, 2024 | 10.68% |
| Mar 31, 2024 | 12.22% |
| Dec 31, 2023 | 12.30% |
| Sep 30, 2023 | 15.82% |
| Jun 30, 2023 | 16.28% |
| Mar 31, 2023 | 19.25% |
| Dec 31, 2022 | 12.78% |
| Sep 30, 2022 | 15.74% |
| Jun 30, 2022 | 11.12% |
| Mar 31, 2022 | 11.56% |
| Dec 31, 2021 | 10.67% |
| Sep 30, 2021 | 10.28% |
Humana Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HUM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HUM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();