Humana Inc (HUM)

Operating 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
Operating income (ttm)	US$ in thousands	2,562,000	2,757,000	3,235,000	3,530,000	4,013,000	4,485,000	4,451,000	4,230,000	3,800,000	3,737,000	3,193,000	3,214,000	3,148,000	2,741,000	3,936,000	5,135,000	4,986,000	5,694,000	4,739,000	3,419,000
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
Operating profit margin		2.18%	2.40%	2.89%	3.23%	3.77%	4.38%	4.51%	4.42%	4.09%	4.08%	3.57%	3.72%	3.79%	3.38%	4.89%	6.51%	6.46%	7.65%	6.72%	5.05%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,562,000K ÷ $117,761,000K
= 2.18%

Humana Inc's operating profit margin has fluctuated over the years based on the provided data. The operating profit margin stood at 5.05% as of March 31, 2020, and experienced an increase to 7.65% by September 30, 2020. However, there was a decline to 3.38% by September 30, 2021, before showing some recovery to 4.51% by June 30, 2023. The margin saw a decrease to 2.18% by December 31, 2024.

The operating profit margin indicates the efficiency of Humana Inc's operations in generating profits from its core business activities. The fluctuation in the margin may be attributed to various factors, including changes in revenues, operating expenses, and cost management strategies. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's operational performance and profitability over time.