Humana (HUM): financials, SEC filings and peers
Humana (HUM) is a managed health care company in the Health Care sector of the S&P 500, headquartered in Louisville, Kentucky.
It was founded in 1961 and joined the S&P 500 on December 10, 2012.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Hospital & Medical Service Plans”.
Humana at a glance
- Revenue (12 months)
- $137.2B
- Revenue growth
- +14.1%
- Operating margin
- 1.8%
- Net income (12 months)
- $1.1B
- Free cash flow (12 months)
- $1.3B
- Cash
- $5.0B
- Debt
- $14.0B
- Diluted EPS (12 months)
- $9.37
Twelve months to March 31, 2026, from the 10-Q filed April 29, 2026.
Latest twelve months
Over the twelve months to March 31, 2026, Humana reported revenue of $137.2 billion, up 14.1% from a year earlier.
Its operating margin was 1.8%: for every $100 of sales, about $2 was left as operating profit.
Net income was $1.1 billion (0.8% of revenue), 33.9% lower than a year earlier.
Profit fell while sales grew, which usually points to higher costs, heavier investment or one-time items. The filings explain which.
Operating cash flow was $1.8 billion and capital spending $572 million, leaving free cash flow of $1.3 billion (0.9% of revenue).
At the end of the period it held $5.0 billion in cash and $14.0 billion in debt, a net debt position of $9.0 billion.
Five-year trend
- Revenue went from $77.2 billion in fiscal 2020 to $129.7 billion in fiscal 2025, about 10.9% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin narrowed from 6.5% to 2.1% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $83.1B | $92.9B | $106.4B | $117.8B | $129.7B |
| Revenue growth | 7.7% | 11.8% | 14.5% | 10.7% | 10.1% |
| Operating margin | 3.8% | 4.1% | 3.8% | 2.2% | 2.1% |
| Net income | $2.9B | $2.8B | $2.5B | $1.2B | $1.2B |
| Free cash flow | $920M | $3.5B | $3.0B | $2.4B | $375M |
| Diluted EPS | $22.67 | $22.08 | $20.00 | $9.98 | $9.84 |
Fiscal years as reported in Humana’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 1, 2026 — Regulation FD disclosure
- 10-Q filed July 29, 2026 — quarterly report
- 8-K filed July 29, 2026 — Executive or director change
- 8-K filed July 29, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed June 1, 2026 — Regulation FD disclosure
- 8-K filed May 19, 2026 — Material agreement; New debt obligation
- 10-Q filed April 29, 2026 — quarterly report
- 8-K filed April 29, 2026 — Earnings results; Regulation FD disclosure
Companies like Humana
Other S&P 500 companies in Managed Health Care:
- CNCCentene CorporationSt. Louis, Missouri
- ELVElevance HealthIndianapolis, Indiana
- UNHUnitedHealth GroupEden Prairie, Minnesota
More from Health Care
Questions about Humana
Is Humana's revenue growing?
Yes. Revenue for the twelve months to March 31, 2026 was $137.2 billion, up 14.1% from a year earlier, according to its SEC filings.
Is Humana profitable?
Yes. It earned $1.1 billion in net income over the twelve months to March 31, 2026, a net margin of 0.8%.
Does Humana have more cash or more debt?
At March 31, 2026 it had $5.0 billion in cash and $14.0 billion in debt, so more debt than cash.
When did Humana last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 29, 2026.
Which companies are similar to Humana?
In the S&P 500, Humana is grouped in Managed Health Care within the Health Care sector. Centene Corporation (CNC), Elevance Health (ELV), UnitedHealth Group (UNH) are in the same group.
Understand the numbers
Source: Humana’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.