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NYSE · Healthcare

HUMANA INC (HUM)

As-reported financials and recent SEC filings for HUMANA INC, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About HUMANA INC

Humana Inc. is a health insurance company based in Louisville, Kentucky, serving approximately 15 million members in medical benefit plans and 4.7 million in specialty products. The company offers Medicare and state-based insurance products, including Medicare Advantage plans, HMOs, PPOs, and specialty benefits, primarily to Medicare and Medicaid participants, individuals, families, and military service personnel. Humana also provides health and wellness services such as pharmacy solutions, primary care, and home care through its Insurance and CenterWell segments.

Snapshot

Revenue
$129.66B
Revenue growth (YoY)
10.1%
Net income
$1.19B
Diluted EPS
$9.84
Gross margin
Operating margin
2.1%
Net margin
0.9%
FCF margin
0.3%
ROE
6.7%
P/E (TTM)
40.6×
Market cap
Debt / equity
0.7×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Humana

  • Revenue grew 10.1% to $129.7B in FY2025, in line with the 10.7% the year before.
  • Operating margin is 2.1% in FY2025, -1.7 pp against 3.8% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $39.6B, up 23.5% from Q1 FY2025.
  • Free cash flow was $375M in FY2025, 0.3% of revenue.
  • Net income fell 1.6% to $1.2B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Humana’s fundamentals sit among the 558 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin2.1%
54th percentile of 397
Net margin0.9%
54th percentile of 416
FCF margin0.3%
40th percentile of 371
Revenue growth (YoY)+10.1%
50th percentile of 538
ROE6.7%
69th percentile of 474
P/E (TTM)40.6×
75th percentile of 203
Debt / equity0.70×
62nd percentile of 243
Short interest3.23d
26th percentile of 557

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
5
+5 quant / multi-strat
Initiated / added
8
3 new, 5 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$2.19B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ1 2026$1.97B11.4MAdded
D. E. ShawquantQ1 2026$96.3M555.2KAdded
AQR Capital ManagementquantQ1 2026$32.7M192.5KReduced
Citadel AdvisorsquantQ1 2026$24.6M141.7KAdded
Duquesne Family OfficeQ1 2026$23.8M137.5KNew
Millennium ManagementquantQ1 2026$19.5M112.6KNew
Soros Fund ManagementQ1 2026$11.7M67.6KAdded
Two Sigma InvestmentsquantQ1 2026$10.2M58.7KAdded
Hound PartnersQ1 2026$1.1M6.2KNew
Gotham Asset ManagementQ1 2026$592,6473.4KReduced

No longer held by: Renaissance Technologies (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.3M
settled 2026-07-15
Change vs prior
-1.8%
vs previous settlement
Days to cover
3.23
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-154.3M-1.8%3.23
2026-06-304.3M-31.6%2.51
2026-06-156.3M+3.4%4.63
2026-05-296.1M+2.1%5.37
2026-05-156.0M-4.5%2.98
2026-04-306.3M+15.7%3.05
2026-04-155.4M-8.7%2.93
2026-03-315.9M+19.3%3.47

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$129.66B$117.76B$106.37B$92.87B$83.06B
Gross profit
Operating income$2.70B$2.56B$4.01B$3.80B$3.15B
Net income$1.19B$1.21B$2.49B$2.81B$2.93B
Diluted EPS$9.84$9.98$20.00$22.08$22.67

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$921.0M$2.97B$3.98B$4.59B$2.26B
Capital expenditure$546.0M$575.0M$1.00B$1.14B$1.34B
Free cash flow$375.0M$2.39B$2.98B$3.45B$920.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$39.65B23.5%$1.19B$9.83
Q4 FY2025$32.52B11.3%$-796.0M$-6.58
Q3 FY2025$32.65B11.1%$195.0M$1.62
Q2 FY2025$32.39B9.6%$545.0M$4.51
Q1 FY2025$32.11B8.4%$1.24B$10.30
Q4 FY2024$29.21B10.4%$-693.0M$-5.74
Q3 FY2024$29.40B11.3%$480.0M$3.98
Q2 FY2024$29.54B10.4%$679.0M$5.62

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryHospital & Medical Service Plans
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK49071

Recent SEC filings

10-K2026-02-19
View on EDGAR →
10-K2025-02-20
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-07-30
View on EDGAR →
10-Q2025-04-30
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-19
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.