Humana Inc (HUM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,489,000 | 3,015,000 | 3,378,000 | 3,115,000 | 2,806,000 | 2,807,000 | 3,143,000 | 3,035,000 | 2,933,000 | 2,673,000 | 2,482,000 | 3,722,000 | 3,367,000 | 4,153,000 | 3,502,000 | 2,614,000 | 2,707,000 | 2,550,000 | 2,505,000 | 1,758,000 |
| 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 |
| Net profit margin | 2.34% | 2.95% | 3.42% | 3.26% | 3.02% | 3.07% | 3.52% | 3.51% | 3.53% | 3.30% | 3.09% | 4.72% | 4.36% | 5.58% | 4.96% | 3.86% | 4.17% | 4.06% | 4.13% | 2.99% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,489,000K ÷ $106,374,000K
= 2.34%
Net profit margin is a key financial ratio that measures a company's profitability by indicating the percentage of revenue that translates into net income. Looking at the net profit margin trend for Humana Inc. over the past eight quarters, we observe fluctuations in the profitability performance of the company.
In Q4 2022, Humana Inc. had a net profit margin of 3.02%, which slightly increased to 3.07% in Q3 2022. However, the net profit margin declined in Q2 2022 to 3.52% before dropping further to 3.51% in Q1 2022. This downward trend reversed in Q2 2023, with the net profit margin improving to 3.42% and continuing to increase to 2.95% in Q3 2023. The most recent data, Q4 2023, shows a further improvement in net profit margin to 2.34%.
Overall, while there have been fluctuations in Humana Inc.'s net profit margin over the past eight quarters, the company has shown resilience in maintaining profitability levels above 3% for most of the period. The recent slight decline in net profit margin in Q4 2023 may necessitate further monitoring to assess its impact on the company's overall financial performance and sustainability.
Peer comparison
Dec 31, 2023