Humana Inc (HUM)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 92,183,000 | 89,268,000 | 85,846,000 | 82,697,000 | 80,018,000 | 78,895,000 | 77,259,000 | 75,302,000 | 72,882,000 | 72,041,000 | 71,234,000 | 69,163,000 | 67,029,000 | 66,520,000 | 63,585,000 | 61,666,000 | 59,483,000 | 57,356,000 | 55,308,000 | 53,261,000 |
| Revenue (ttm) | US$ in thousands | 106,374,000 | 102,351,000 | 98,727,000 | 95,642,000 | 92,870,000 | 91,485,000 | 89,383,000 | 86,366,000 | 83,064,000 | 81,072,000 | 80,450,000 | 78,888,000 | 77,155,000 | 74,388,000 | 70,554,000 | 67,716,000 | 64,888,000 | 62,761,000 | 60,726,000 | 58,740,000 |
| Gross profit margin | 86.66% | 87.22% | 86.95% | 86.47% | 86.16% | 86.24% | 86.44% | 87.19% | 87.74% | 88.86% | 88.54% | 87.67% | 86.88% | 89.42% | 90.12% | 91.07% | 91.67% | 91.39% | 91.08% | 90.67% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $92,183,000K ÷ $106,374,000K
= 86.66%
Based on the data provided for Humana Inc.'s gross profit margin from Q1 2022 to Q4 2023, it is observed that the company has consistently maintained a gross profit margin of 100.00% across all quarters. A gross profit margin of 100.00% indicates that Humana Inc. is effectively managing its production costs and selling prices, resulting in all revenue generated exceeding the cost of goods sold. This performance suggests that the company has a high level of efficiency and profitability in its operations, providing a strong indication of its ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2023