Humana Inc (HUM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,325,000 | 3,868,000 | 4,082,000 | 3,950,000 | 3,568,000 | 3,576,000 | 3,925,000 | 3,573,000 | 3,418,000 | 3,031,000 | 3,170,000 | 5,010,000 | 4,674,000 | 5,717,000 | 4,816,000 | 3,446,000 | 3,470,000 | 3,317,000 | 3,338,000 | 2,116,000 |
| 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 |
| Pretax margin | 3.13% | 3.78% | 4.13% | 4.13% | 3.84% | 3.91% | 4.39% | 4.14% | 4.11% | 3.74% | 3.94% | 6.35% | 6.06% | 7.69% | 6.83% | 5.09% | 5.35% | 5.29% | 5.50% | 3.60% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,325,000K ÷ $106,374,000K
= 3.13%
The pretax margin of Humana Inc. has shown fluctuations over the past eight quarters. In Q4 2023, the pretax margin was at 3.12%, a decrease from the previous quarter's 3.77%. This downward trend continues from Q2 2023, where the pretax margin was at 4.13%, reaching its lowest point in four quarters.
Comparing the latest quarter to the same period a year ago, the pretax margin in Q4 2023 was slightly lower than in Q4 2022, where it stood at 3.84%. Despite the fluctuations, the pretax margin has generally remained around the 4% mark over the past two years, indicating some stability in the company's ability to generate profits before taxes.
Further analysis of factors contributing to these fluctuations, along with the industry and economic trends, is recommended to fully understand the financial performance of Humana Inc.
Peer comparison
Dec 31, 2023