Humana Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	122,825	112,104	101,272	87,712	79,822
Investment Income	1,006	1,226	1,069	382	187
Total Other Revenues	5,833	4,431	4,033	4,776	3,055
Revenue	129,664	117,761	106,374	92,870	83,064
Revenue Growth (YoY)	10.11%	10.71%	14.54%	11.80%	7.66%
Insurance Benefits & Claims	110,812	100,664	88,394	75,690	69,199
Policy Amortization Costs	698	839	779	709	596
Other Operating Expenses	15,450	13,696	13,188	12,671	10,121
Operating Income	2,704	2,562	4,013	3,800	3,148
Interest Expense	-631	-660	-493	-401	-326
Other Non-Operating Income (Expense)	-518	-181	-137	169	597
Total Non-Operating Income (Expense)	-1,149	-841	-630	-232	271
Pretax Income	1,555	1,721	3,383	3,568	3,354
Provision for Income Taxes	250	413	836	762	485
Net Income	1,188	1,207	2,489	2,806	2,933
Minority Interest in Earnings	117	101	58	0	1
Net Income to Common	1,188	1,207	2,489	2,806	2,933
Net Income Growth	-1.57%	-51.51%	-11.30%	-4.33%	-12.89%
Shares Outstanding (Basic)	120	121	124	126	129
Shares Outstanding (Diluted)	121	121	124	127	129
Shares Change (YoY)	-0.04%	-2.87%	-2.09%	-1.78%	-2.72%
EPS (Basic)	9.87	10.01	20.09	22.20	22.79
EPS (Diluted)	9.84	9.98	20.00	22.08	22.67
EPS Growth	-1.40%	-50.10%	-9.42%	-2.60%	-10.43%
Free Cash Flow	375	2,391	2,977	3,450	920
Free Cash Flow Growth	-84.32%	-19.68%	-13.71%	275.00%	-80.32%
Free Cash Flow Per Share	3.10	19.78	23.92	27.15	7.11
Dividends Per Share	3.540	3.540	3.540	3.150	2.800
Dividend Growth	-	-	12.38%	12.50%	12.00%
Operating Margin	2.09%	2.18%	3.77%	4.09%	3.79%
Profit Margin	0.93%	1.03%	2.34%	3.02%	3.53%
FCF Margin	0.29%	2.03%	2.80%	3.71%	1.11%
EBITDA	3,528	3,530	4,930	4,645	3,861
EBITDA Margin	2.72%	3.00%	4.63%	5.00%	4.65%
EBIT	2,704	2,562	4,013	3,800	3,148
EBIT Margin	2.09%	2.18%	3.77%	4.09%	3.79%
Effective Tax Rate	16.08%	24.00%	24.71%	21.36%	14.46%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.