HUMANA INC

10-K & 10-Q Filings

Humana Inc. is a health insurance company headquartered in Louisville, Kentucky. The company provides various health insurance products and services, primarily for Medicare beneficiaries, through its Insurance and CenterWell segments. The Insurance segment offers Medicare Advantage, Medicare stand-alone prescription drug plans, group Medicare Advantage, Medicare supplement, state-based contracts, and commercial fully-insured medical products. The CenterWell segment focuses on pharmacy solutions, primary care, and home solutions. Humana's business strategy is to offer integrated care delivery models that improve health outcomes, affordability, and the overall healthcare experience. The company's website is www.humana.com, and its ticker symbol is HUM.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$36832.00
39126.00
41313.00
48500.00
54289.00
54379.00
53767.00
56912.00
64888.00
77155.00
83064.00
92870.00
106374.00
26742.00
29611.00
9.24%10.73%Premiums Earned (+)
$35106.00
37009.00
38829.00
45959.00
52409.00
53021.00
52380.00
54941.00
62948.00
74186.00
79822.00
87712.00
101272.00
25550.00
28261.00
9.23%10.61%Selling, General & Administrative (-)
$5395.00
5830.00
6355.00
7639.00
7318.00
7277.00
6567.00
7525.00
7381.00
10052.00
10121.00
12671.00
13188.00
2979.00
3042.00
7.73%2.11%Depreciation & Amortization (-)
$
779.00
209.00
Operating Expenses (-)
$5774.00
6230.00
6828.00
8164.00
7589.00
7820.00
6251.00
8934.00
8081.00
10824.00
11043.00
13544.00
14460.00
3278.00
3410.00
7.95%4.03%Costs & Expenses (Total) (-)
$34488.00
37110.00
39252.00
46138.00
51942.00
52638.00
49505.00
53812.00
61696.00
72169.00
79916.00
89070.00
102361.00
25023.00
28375.00
9.49%13.40%Operating Income/Loss (+)
$2344.00
2016.00
2061.00
2362.00
2347.00
1741.00
4262.00
3100.00
3192.00
4986.00
3148.00
3800.00
4013.00
1719.00
1236.00
4.58%-28.10%Non-operating Income/Expense (+)
$366.00
391.00
375.00
377.00
474.00
389.00
405.00
492.00
1021.00
1125.00
784.00
310.00
869.00
184.00
201.00
7.47%9.24%Interest Expense (-)
$109.00
105.00
140.00
192.00
186.00
189.00
242.00
218.00
242.00
283.00
326.00
401.00
493.00
113.00
159.00
13.40%40.71%Earnings before Tax (+)
$2235.00
1911.00
1921.00
2170.00
2431.00
1552.00
4020.00
2063.00
3456.00
4600.00
3354.00
3568.00
3383.00
1614.00
1014.00
3.51%-37.17%Tax Expense (-)
$816.00
689.00
690.00
1023.00
1155.00
938.00
1572.00
391.00
763.00
1307.00
485.00
762.00
836.00
359.00
251.00
0.20%-30.08%Income/Loss (Continuing Operations) (+)
$1419.00
1222.00
1231.00
1147.00
1276.00
614.00
2448.00
1672.00
2693.00
3293.00
2869.00
2806.00
2547.00
1255.00
763.00
5.00%-39.20%Profit/Loss (+)
$
2934.00
2802.00
2484.00
1238.00
739.00
-40.31%Net Income/Loss (NCI) (-)
$
1.00
-4.00
-5.00
-1.00
-2.00
-100.00%Net Income/Loss (+)
$1419.00
1222.00
1231.00
1147.00
1276.00
614.00
2448.00
1683.00
2707.00
3367.00
2933.00
2806.00
2489.00
1239.00
741.00
4.79%-40.19%Net Income/Loss (Common) (+)
$1419.00
1222.00
1231.00
1147.00
1276.00
614.00
2448.00
1683.00
2707.00
3367.00
2933.00
2806.00
2489.00
1239.00
741.00
4.79%-40.19%EPS (Basic)
$8.58
7.56
7.81
7.44
8.54
4.11
16.94
12.24
20.20
25.47
22.79
22.20
20.09
9.91
6.13
7.35%-38.14%EPS (Diluted)
$8.46
7.47
7.73
7.36
8.44
4.07
16.81
12.16
20.10
25.31
22.67
22.08
20.00
9.87
6.11
7.43%-38.10%Weighted Avg Shares (Basic)
164.05
158.36
154.03
149.61
148.30
149.32
137.68
135.57
132.11
128.86
126.63
124.97
120.65
124.94
120.50
-2.53%-3.56%Cash
$1377.00
1306.00
1138.00
1935.00
2571.00
3877.00
4042.00
2343.00
4054.00
4673.00
3394.00
5061.00
4694.00
13735.00
5910.00
10.76%-56.97%Short-term Investments
$7743.00
8001.00
8090.00
7598.00
7267.00
7595.00
9557.00
10026.00
10972.00
12554.00
13192.00
13881.00
16626.00
14932.00
16697.00
6.58%11.82%Receivables
$1034.00
733.00
950.00
1168.00
1161.00
1280.00
854.00
1015.00
1056.00
1138.00
1814.00
1674.00
2035.00
3107.00
3925.00
5.80%26.33%Securities & Long-term Investments
$1710.00
1846.00
1710.00
1949.00
1843.00
2203.00
2745.00
1458.00
1469.00
2382.00
921.00
1129.00
1122.00
1110.00
1110.00
-3.45%0.00%Property, Plant & Equipment (Net)
$912.00
1098.00
1218.00
1419.00
1384.00
1505.00
1584.00
1735.00
1955.00
2371.00
3073.00
3221.00
3030.00
3234.00
2979.00
10.52%-7.88%Goodwill & Intangibles
$2740.00
3640.00
3733.00
3711.00
3265.00
3272.00
3281.00
3897.00
3928.00
4447.00
11092.00
9142.00
9550.00
9320.00
9563.00
10.97%2.61%Other Assets
$2192.00
3355.00
3896.00
5686.00
7214.00
5664.00
5115.00
4939.00
5640.00
7404.00
10872.00
8947.00
10008.00
9338.00
9907.00
13.49%6.09%Assets (Total)
$17708.00
19979.00
20735.00
23466.00
24705.00
25396.00
27178.00
25413.00
29074.00
34969.00
44358.00
43055.00
47065.00
54776.00
50091.00
8.49%-8.55%Accounts Payable
$1783.00
2042.00
1821.00
2185.00
2212.00
2467.00
4069.00
3067.00
3754.00
4013.00
4509.00
5238.00
6569.00
7431.00
6504.00
11.48%-12.47%Debt (Current)
$306.00
324.00
403.00
334.00
301.00
512.00
291.00
1865.00
699.00
600.00
1953.00
2092.00
1443.00
1867.00
822.00
13.80%-55.97%Insurance Liabilities
$5417.00
5637.00
6100.00
6824.00
7127.00
7397.00
7591.00
5081.00
6210.00
8143.00
8289.00
9264.00
10241.00
10018.00
11729.00
5.45%17.08%Debt (Non-current)
$1965.00
2935.00
3003.00
4159.00
4421.00
4304.00
5061.00
6240.00
4967.00
6060.00
10541.00
9034.00
10213.00
9743.00
12390.00
14.72%27.17%Other Liabilities
$174.00
194.00
92.00
318.00
298.00
31.00
324.00
1407.00
2425.00
2963.00
2057.00
2281.00
9083.00
2460.00
23.92%-72.92%Liabilities (Total)
$9645.00
11132.00
11419.00
13820.00
14359.00
14711.00
17336.00
15252.00
17037.00
21241.00
28255.00
27685.00
30747.00
38142.00
33905.00
10.14%-11.11%Treasury Stock
$1035.00
1553.00
2084.00
2856.00
3292.00
3298.00
6325.00
7320.00
8455.00
9918.00
10163.00
12156.00
13658.00
12224.00
14359.00
23.99%17.47%Retained Earnings
$6825.00
7881.00
8942.00
9916.00
11017.00
11454.00
13670.00
15072.00
17483.00
20517.00
23086.00
25492.00
27540.00
26619.00
28173.00
12.33%5.84%AOCI
$303.00
386.00
158.00
223.00
58.00
-66.00
19.00
-159.00
156.00
391.00
42.00
-1304.00
-999.00
-1113.00
-1086.00
2.43%Shareholder's Equity
$8063.00
8847.00
9316.00
9646.00
10346.00
10685.00
9842.00
10161.00
12037.00
13728.00
16103.00
15370.00
16318.00
16634.00
16186.00
6.05%-2.69%Liabilities & Equity
$17708.00
19979.00
20735.00
23466.00
24705.00
25396.00
27178.00
25413.00
29074.00
34969.00
44358.00
43055.00
47065.00
54776.00
50091.00
8.49%-8.55%Net Income/Loss
$1419.00
1222.00
1231.00
1147.00
1276.00
614.00
2448.00
1683.00
2707.00
3367.00
2934.00
2802.00
2484.00
1238.00
739.00
4.78%-40.31%Depreciation & Amortization
$303.00
338.00
426.00
449.00
447.00
465.00
485.00
534.00
575.00
616.00
713.00
845.00
917.00
218.00
242.00
9.67%11.01%Increase/Decrease in Working Capital
$-270.00
-288.00
48.00
88.00
609.00
-799.00
-955.00
902.00
-1825.00
-2143.00
556.00
-534.00
-81.00
-5110.00
692.00
113.54%Share-based Compensation
$67.00
82.00
92.00
98.00
109.00
115.00
157.00
137.00
163.00
181.00
180.00
216.00
175.00
38.00
45.00
8.33%18.42%Adjustments to Reconcile Net Income
$660.00
701.00
485.00
471.00
-408.00
1322.00
1603.00
490.00
2577.00
2272.00
-672.00
1785.00
1497.00
5449.00
-316.00
7.06%-105.80%Net Cash (Operating)
$2079.00
1923.00
1716.00
1618.00
868.00
1936.00
4051.00
2173.00
5284.00
5639.00
2262.00
4587.00
3981.00
6687.00
423.00
5.56%-93.67%Capital Expenditure
$788.00
1235.00
187.00
492.00
-463.00
541.00
586.00
3220.00
736.00
2382.00
12072.00
-907.00
1260.00
369.00
205.00
3.99%-44.44%Net Cash (Investing)
$-1358.00
-1965.00
-1182.00
-63.00
320.00
-1362.00
-2941.00
-3087.00
-1278.00
-3065.00
-6556.00
-1006.00
-3492.00
-1292.00
-414.00
67.96%Increase/Decrease in Debt
$-103.00
972.00
79.00
1164.00
265.00
-91.00
755.00
1165.00
-369.00
1078.00
3764.00
-1422.00
478.00
586.00
1568.00
167.58%Increase/Decrease in Equity
$-413.00
-461.00
-471.00
-843.00
-364.00
-93.00
-3365.00
-1090.00
-1070.00
-1820.00
-79.00
-2096.00
-1573.00
-94.00
-717.00
-662.77%Interest Expenses
$114.00
110.00
146.00
143.00
187.00
185.00
216.00
195.00
212.00
258.00
285.00
354.00
394.00
97.00
158.00
10.89%62.89%Dividends Paid
$82.00
165.00
168.00
172.00
172.00
177.00
220.00
265.00
291.00
323.00
354.00
392.00
431.00
100.00
109.00
14.83%9.00%Net Cash (Financing)
$-1017.00
-29.00
-702.00
-758.00
-552.00
732.00
-945.00
-785.00
-2295.00
-1955.00
3015.00
-1914.00
-856.00
3279.00
1207.00
-63.19%Cash Taxes Paid
$874.00
745.00
734.00
1030.00
1179.00
916.00
1498.00
631.00
518.00
1132.00
227.00
758.00
997.00
6.00
1.00
1.10%-83.33%Increase/Decrease in Cash
$-296.00
-71.00
-168.00
797.00
636.00
1306.00
165.00
-1699.00
1711.00
619.00
-1279.00
1667.00
-367.00
8674.00
1216.00
-85.98%Cash (Beginning)
$1673.00
1377.00
1306.00
1138.00
1935.00
2571.00
3877.00
4042.00
2343.00
4054.00
4673.00
3394.00
5061.00
5061.00
4694.00
9.66%-7.25%Cash (Ending)
$1377.00
1306.00
1138.00
1935.00
2571.00
3877.00
4042.00
2343.00
4054.00
4673.00
3394.00
5061.00
4694.00
13735.00
5910.00
10.76%-56.97%NOPAT
$1427.38
1230.07
1273.51
1240.87
1208.74
713.45
2673.82
2151.82
2713.57
3759.01
2934.94
2992.71
2830.33
1712.61
1234.78
5.87%-27.90%Operating Margin %
6.36%
5.15%
4.99%
4.87%
4.32%
3.20%
7.93%
5.45%
4.92%
6.46%
3.79%
4.09%
3.77%
6.43%
4.17%
NOPAT Margin %
3.88%
3.14%
3.08%
2.56%
2.23%
1.31%
4.97%
3.78%
4.18%
4.87%
3.53%
3.22%
2.66%
6.40%
4.17%
Net Margin %
3.85%
3.12%
2.98%
2.36%
2.35%
1.13%
4.55%
2.96%
4.17%
4.36%
3.53%
3.02%
2.34%
4.63%
2.50%
Tax Rate %
39.11%
38.98%
38.21%
47.47%
48.50%
59.02%
37.26%
30.59%
14.99%
24.61%
6.77%
21.24%
29.47%
0.37%
0.10%
ROA
8.06%
6.16%
6.14%
5.29%
4.89%
2.81%
9.84%
8.47%
9.33%
10.75%
6.62%
6.95%
6.01%
3.13%
2.47%
ROE
17.70%
13.90%
13.67%
12.86%
11.68%
6.68%
27.17%
21.18%
22.54%
27.38%
18.23%
19.47%
17.34%
10.30%
7.63%
ROIC
33.35%
25.98%
24.41%
20.52%
19.59%
9.55%
46.98%
36.33%
37.49%
43.63%
19.75%
21.59%
22.22%
15.71%
9.55%
Asset Turnover
2.08
1.96
1.99
2.07
2.20
2.14
1.98
2.24
2.23
2.21
1.87
2.16
2.26
0.49
0.59
Equity Multiplier
2.20
2.26
2.23
2.43
2.39
2.38
2.76
2.50
2.42
2.55
2.75
2.80
2.88
3.29
3.09
Current Ratio
4.86
4.24
4.58
4.25
4.38
4.28
3.31
2.71
3.61
3.98
2.85
2.81
2.92
3.42
3.62
Quick Ratio
4.86
4.24
4.58
4.25
4.38
4.28
3.31
2.71
3.61
3.98
2.85
2.81
2.92
3.42
3.62
Debt/Equity Ratio
0.28
0.37
0.37
0.47
0.46
0.45
0.54
0.80
0.47
0.49
0.78
0.72
0.71
0.70
0.82
Interest Coverage Ratio
20.56
18.33
14.12
16.52
12.55
9.41
19.73
15.90
15.06
19.33
11.05
10.73
10.19
17.72
7.82
Working Capital/Sales
0.02
-0.00
0.01
0.02
0.03
0.05
0.02
0.01
0.02
0.02
0.01
0.02
0.00
-0.06
0.01
Dividend Payout Ratio %
5.74%
13.41%
13.19%
13.86%
14.23%
24.81%
8.23%
12.32%
10.72%
8.59%
12.06%
13.10%
15.23%
5.84%
8.83%
Total Payout
$712.00
-236.00
706.00
-6.00
458.00
546.00
3046.00
385.00
1942.00
1323.00
-3046.00
4264.00
1920.00
-295.00
-584.00
8.62%-97.97%Payout Ratio %
49.88%
-19.19%
55.44%
-0.48%
37.89%
76.53%
113.92%
17.89%
71.57%
35.20%
-103.78%
142.48%
67.84%
-17.23%
-47.30%