HUM Humana margins

  1. Stocks
  2. Healthcare
  3. NYSE: HUM
  4. Margins
?
Relative Growth: Rel. Growth: 51
Relative Strength: Rel. Strength: 89
Relative Valuation: Rel. Valuation: 55
Relative Profitability: Rel. Profitability: 37
Gross margin
13.7%
Operating margin
1.9%
EBITDA margin
2.1%
Net margin
0.9%

The Humana shows a gross margin of 13.7%, an operating margin of 1.9%, an EBITDA margin of 2.1%, and a net margin of 0.9%. Gross margin drove the decline across the available margins, decreasing by 1.3 percentage points.

HUM margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Humana's margins averaged 14.99% gross, 2.55% operating, 2.97% EBITDA, and 1.28% net. Each of the four current margins is below its three-year average.

HUM margin expansion

Year-over-year margin changes in percentage points

The biggest contraction was in gross margin, which fell by 1.3 percentage points. The other available margins also declined.

Gross margin expansion
-1.3pp
Operating margin expansion
-0.8pp
EBITDA margin expansion
-0.9pp
Net margin expansion
-0.4pp

HUM Gross margin

The average gross margin for Humana was 14.99% during the last 3 years. Against its three-year average, Humana's gross margin is currently 13.7%, 1.3 percentage points below its three-year average. The gross margin for Humana moved between 13.7% in Jun 2026 and 16.9% in Dec 2023.

HUM Operating margin

Across the last 3 years, Humana recorded an average operating margin of 2.55%. The current operating margin stands at 1.9%, 0.7 percentage points below its three-year average. The highest operating margin for Humana was 3.8% in Dec 2023, while the lowest was 1.8% in Mar 2026.

HUM EBITDA margin

Humana recorded an average EBITDA margin of 2.97% across the last 3 years. Compared with its three-year average, Humana's current EBITDA margin is 2.1% and is 0.9 percentage points below its three-year average. Over the last 3 years, Humana's EBITDA margin peaked at 4.5% in Dec 2023 and reached a low of 2.1% in Mar 2026.

HUM Net margin

Across the last 3 years, Humana recorded an average net margin of 1.28%. Humana's current net margin is 0.9% and is 0.4 percentage points below its three-year average. The highest net margin for Humana was 2.3% in Dec 2023, while the lowest was 0.8% in Mar 2026.

HUM margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 13.7%, HUM stands above its peers average but below the Healthcare sector and the industry average. Compared to its Healthcare sector average of 68.4%, Humana's gross margin is 80% lower.

HUM margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Humana's gross margin?

For the period ending Jun 30, 2026, HUM recorded a gross margin of 13.7%.

What is Humana's operating margin?

As of Jun 30, 2026, HUM has an operating margin of 1.9%.

What is Humana's EBITDA margin?

For the period ending Jun 30, 2026, HUM recorded an EBITDA margin of 2.1%.

What is Humana's net margin?

As of Jun 30, 2026, HUM has a net margin of 0.9%.

What are the average margins of HUM?

Over the past 3 years, HUM reported average margins of 15.0% gross, 2.6% operating, 3.0% EBITDA, and 1.3% net.

What are the highest historical margins of HUM?

Across the 5-year period, HUM posted its highest margins at 18.5% gross in Mar 2023, 4.5% operating in Jun 2023, 5.7% EBITDA in Jun 2022, and 3.5% net in Jun 2022.

What are the lowest historical margins of HUM?

Humana's lowest recorded margins during the past 5 years were 13.7% gross in Jun 2026, 1.8% operating in Mar 2026, 2.1% EBITDA in Mar 2026, and 0.8% net in Mar 2026.