Humana Inc (HUM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 117,761,000 | 115,010,000 | 112,036,000 | 109,243,000 | 106,374,000 | 83,769,000 | 61,761,000 | 39,577,000 | 17,180,000 | 16,939,000 | 15,905,000 | 14,838,000 | 13,865,000 | 29,311,000 | 46,005,000 | 61,592,000 | 77,155,000 | 74,388,000 | 70,554,000 | 67,716,000 |
| Revenue (ttm) | US$ in thousands | 117,761,000 | 115,010,000 | 112,036,000 | 109,243,000 | 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 |
| Gross profit margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 81.84% | 62.56% | 41.38% | 18.50% | 18.52% | 17.79% | 17.18% | 16.69% | 36.15% | 57.18% | 78.08% | 100.00% | 100.00% | 100.00% | 100.00% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $117,761,000K ÷ $117,761,000K
= 100.00%
The gross profit margin of Humana Inc has shown fluctuations over the period analyzed. It remained consistently high at 100% from March 31, 2020, until December 31, 2020, indicating efficient cost management and strong revenue generation. However, the margin started declining from March 31, 2021 (78.08%) through December 31, 2021 (16.69%), reflecting potential challenges in controlling production costs or a decrease in sales prices.
Subsequently, from March 31, 2022, until September 30, 2022, the gross profit margin remained relatively stable around the 17-18% range, suggesting a period of adjustment or strategic repositioning within the company. Notably, from March 31, 2023, the margin increased significantly, reaching 81.84% by September 30, 2023, showcasing an improvement in operational efficiency or possibly an increase in sales prices.
Finally, from December 31, 2023, to December 31, 2024, the gross profit margin returned to 100%, indicating a recovery to the previous high levels. Overall, the analysis of Humana Inc's gross profit margin demonstrates a mix of challenges and improvements in managing costs and generating revenue during the period under review.
Peer comparison
Dec 31, 2024