Humana (HUM) Return on Invested Capital [ROIC] (2009 - 2026)
Humana (HUM) posted Return on Invested Capital [ROIC] of 6.65% for Q2 2026, down 1.38 percentage points from 8.04% a year earlier but up 0.20 percentage points from the prior quarter.
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Analysis
Humana (HUM) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Humana's Return on Invested Capital [ROIC] came in at 7.69%, up 0.85 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -10.78 percentage points (FY2020 to FY2025).
- In prior years, Humana's Return on Invested Capital [ROIC] was 6.84% in FY2024 (-4.12 pp), 10.96% in FY2023 (+0.24 pp), 10.73% in FY2022 (-0.12 pp) and 10.85% in FY2021 (-7.63 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 6.45% in Q1 2026 to a high of 12.77% in Q2 2023 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of -1.40 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2023, with a gain of 3.86 percentage points; the weakest was Q1 2022, with a drop of 8.37 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 6.45% (Q1 2026), 7.33% (Q4 2025) and 7.90% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 10.31% |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 4.96% |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 107.91% |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | -158.82% |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 10.87% |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 14.39% |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 33.91% |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 6.65% |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | -14.72% |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | 2.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.65% |
| Mar 31, 2026 | 6.45% |
| Dec 31, 2025 | 7.33% |
| Sep 30, 2025 | 7.90% |
| Jun 30, 2025 | 8.04% |
| Mar 31, 2025 | 8.49% |
| Dec 31, 2024 | 6.54% |
| Sep 30, 2024 | 6.53% |
| Jun 30, 2024 | 7.93% |
| Mar 31, 2024 | 8.98% |
| Dec 31, 2023 | 10.54% |
| Sep 30, 2023 | 12.07% |
| Jun 30, 2023 | 12.77% |
| Mar 31, 2023 | 12.04% |
| Dec 31, 2022 | 11.08% |
| Sep 30, 2022 | 10.50% |
| Jun 30, 2022 | 8.91% |
| Mar 31, 2022 | 9.47% |
| Dec 31, 2021 | 9.33% |
| Sep 30, 2021 | 9.44% |
API Access
Humana Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=HUM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=HUM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();