Humana Inc (HUM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 117,761,000 | 106,374,000 | 92,870,000 | 83,064,000 | 77,155,000 |
| Revenue | US$ in thousands | 117,761,000 | 106,374,000 | 92,870,000 | 83,064,000 | 77,155,000 |
| Gross profit margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $117,761,000K ÷ $117,761,000K
= 100.00%
The gross profit margin of Humana Inc has remained consistently strong at 100.00% for the years ending December 31, 2020 through December 31, 2024. This indicates that the company is effectively managing its production costs and generating a healthy level of gross profit from its revenue. A gross profit margin of 100.00% suggests that Humana Inc is able to sell its products or services at a price significantly above the cost of production, which is a positive indicator of operational efficiency and pricing strategy. It is worth noting that a gross profit margin of 100.00% may also reflect the nature of the company's business model or accounting practices, and it is advisable to further analyze other financial metrics and industry benchmarks to gain a more comprehensive understanding of Humana Inc's overall financial performance.
Peer comparison
Dec 31, 2024