Humana Inc (HUM)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,562,000 | 2,757,000 | 3,235,000 | 3,530,000 | 4,013,000 | 4,396,000 | 4,594,000 | 4,382,000 | 3,969,000 | 3,960,000 | 4,295,000 | 3,921,000 | 3,744,000 | 3,372,000 | 3,498,000 | 5,083,000 | 5,028,000 | 5,736,000 | 4,739,000 | 3,419,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,375,000 | 17,565,000 | 16,671,000 | 16,130,000 | 16,262,000 | 16,949,000 | 16,834,000 | 16,577,000 | 15,311,000 | 16,254,000 | 15,490,000 | 15,319,000 | 16,080,000 | 16,260,000 | 14,843,000 | 14,190,000 | 13,728,000 | 15,768,000 | 14,416,000 | 12,355,000 |
| Return on total capital | 15.65% | 15.70% | 19.40% | 21.88% | 24.68% | 25.94% | 27.29% | 26.43% | 25.92% | 24.36% | 27.73% | 25.60% | 23.28% | 20.74% | 23.57% | 35.82% | 36.63% | 36.38% | 32.87% | 27.67% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,562,000K ÷ ($—K + $16,375,000K)
= 15.65%
The return on total capital for Humana Inc has displayed some fluctuations over the reported periods. Starting at 27.67% in March 2020, the return increased steadily, reaching its peak at 36.63% by December 2020. Subsequently, there was a slight dip in March 2021 to 35.82%, followed by a more notable decrease to 23.57% in June 2021.
There was a continued decline in September 2021 and December 2021 to 20.74% and 23.28%, respectively. However, the return on total capital saw a slight recovery in the following periods and peaked again at 27.73% in June 2022. Subsequently, the return experienced fluctuations before decreasing to 15.65% by December 2024.
Overall, the return on total capital for Humana Inc displayed variability over the reported periods, indicating fluctuations in the company's efficiency in generating returns from its total capital investments.
Peer comparison
Dec 31, 2024