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HUMANA INC (HUM) Stock Fundamental Analysis

USA - NYSE:HUM - US4448591028 - Common Stock

290.65 USD
-0.65 (-0.22%)
Last: 10/24/2025, 8:04:00 PM
290.66 USD
0.01 (0%)
After Hours: 10/24/2025, 8:04:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to HUM. HUM was compared to 101 industry peers in the Health Care Providers & Services industry. While HUM is still in line with the averages on profitability rating, there are concerns on its financial health. HUM has a correct valuation and a medium growth rate. Finally HUM also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year HUM was profitable.
HUM had a positive operating cash flow in the past year.
Each year in the past 5 years HUM has been profitable.
Each year in the past 5 years HUM had a positive operating cash flow.
HUM Yearly Net Income VS EBIT VS OCF VS FCFHUM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

1.2 Ratios

Looking at the Return On Assets, with a value of 3.13%, HUM is in the better half of the industry, outperforming 65.35% of the companies in the same industry.
The Return On Equity of HUM (8.64%) is better than 69.31% of its industry peers.
HUM has a better Return On Invested Capital (6.01%) than 62.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HUM is in line with the industry average of 9.28%.
Industry RankSector Rank
ROA 3.13%
ROE 8.64%
ROIC 6.01%
ROA(3y)4.8%
ROA(5y)6.13%
ROE(3y)13.67%
ROE(5y)16.75%
ROIC(3y)7.86%
ROIC(5y)8.6%
HUM Yearly ROA, ROE, ROICHUM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

HUM's Profit Margin of 1.28% is in line compared to the rest of the industry. HUM outperforms 59.41% of its industry peers.
In the last couple of years the Profit Margin of HUM has declined.
HUM has a Operating Margin of 2.87%. This is comparable to the rest of the industry: HUM outperforms 53.47% of its industry peers.
In the last couple of years the Operating Margin of HUM has declined.
Industry RankSector Rank
OM 2.87%
PM (TTM) 1.28%
GM N/A
OM growth 3Y-13.15%
OM growth 5Y-12.08%
PM growth 3Y-33.79%
PM growth 5Y-24.48%
GM growth 3YN/A
GM growth 5YN/A
HUM Yearly Profit, Operating, Gross MarginsHUM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HUM is destroying value.
HUM has less shares outstanding than it did 1 year ago.
HUM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HUM is higher compared to a year ago.
HUM Yearly Shares OutstandingHUM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M
HUM Yearly Total Debt VS Total AssetsHUM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

HUM has a debt to FCF ratio of 5.16. This is a neutral value as HUM would need 5.16 years to pay back of all of its debts.
HUM has a Debt to FCF ratio of 5.16. This is in the better half of the industry: HUM outperforms 67.33% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that HUM is somewhat dependend on debt financing.
HUM has a Debt to Equity ratio (0.69) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF 5.16
Altman-Z N/A
ROIC/WACC0.75
WACC7.99%
HUM Yearly LT Debt VS Equity VS FCFHUM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
HUM Yearly Current Assets VS Current LiabilitesHUM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

5

3. Growth

3.1 Past

The earnings per share for HUM have decreased by -9.19% in the last year.
Measured over the past years, HUM shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.92% on average per year.
Looking at the last year, HUM shows a quite strong growth in Revenue. The Revenue has grown by 9.88% in the last year.
The Revenue has been growing by 12.66% on average over the past years. This is quite good.
EPS 1Y (TTM)-9.19%
EPS 3Y-7.76%
EPS 5Y-1.92%
EPS Q2Q%-9.91%
Revenue 1Y (TTM)9.88%
Revenue growth 3Y12.34%
Revenue growth 5Y12.66%
Sales Q2Q%10.24%

3.2 Future

The Earnings Per Share is expected to grow by 16.62% on average over the next years. This is quite good.
Based on estimates for the next years, HUM will show a quite strong growth in Revenue. The Revenue will grow by 8.25% on average per year.
EPS Next Y6.49%
EPS Next 2Y-7.8%
EPS Next 3Y9.26%
EPS Next 5Y16.62%
Revenue Next Year9.68%
Revenue Next 2Y7.37%
Revenue Next 3Y7.26%
Revenue Next 5Y8.25%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HUM Yearly Revenue VS EstimatesHUM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 50B 100B 150B 200B
HUM Yearly EPS VS EstimatesHUM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 10 20 30 40

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 14.64, which indicates a correct valuation of HUM.
Compared to the rest of the industry, the Price/Earnings ratio of HUM indicates a rather cheap valuation: HUM is cheaper than 80.20% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HUM to the average of the S&P500 Index (26.91), we can say HUM is valued slightly cheaper.
HUM is valuated rather expensively with a Price/Forward Earnings ratio of 21.12.
HUM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HUM is cheaper than 60.40% of the companies in the same industry.
HUM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.92.
Industry RankSector Rank
PE 14.64
Fwd PE 21.12
HUM Price Earnings VS Forward Price EarningsHUM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

76.24% of the companies in the same industry are more expensive than HUM, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HUM indicates a rather cheap valuation: HUM is cheaper than 80.20% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 14.33
EV/EBITDA 9.81
HUM Per share dataHUM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 200 400 600 800 1K

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.26
PEG (5Y)N/A
EPS Next 2Y-7.8%
EPS Next 3Y9.26%

7

5. Dividend

5.1 Amount

HUM has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
HUM's Dividend Yield is rather good when compared to the industry average which is at 2.45. HUM pays more dividend than 86.14% of the companies in the same industry.
With a Dividend Yield of 1.32, HUM pays less dividend than the S&P500 average, which is at 2.34.
Industry RankSector Rank
Dividend Yield 1.32%

5.2 History

The dividend of HUM is nicely growing with an annual growth rate of 10.32%!
HUM has been paying a dividend for at least 10 years, so it has a reliable track record.
HUM has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)10.32%
Div Incr Years0
Div Non Decr Years8
HUM Yearly Dividends per shareHUM Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

HUM pays out 27.22% of its income as dividend. This is a sustainable payout ratio.
The dividend of HUM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.22%
EPS Next 2Y-7.8%
EPS Next 3Y9.26%
HUM Yearly Income VS Free CF VS DividendHUM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B
HUM Dividend Payout.HUM Dividend Payout, showing the Payout Ratio.HUM Dividend Payout.PayoutRetained Earnings

HUMANA INC

NYSE:HUM (10/24/2025, 8:04:00 PM)

After market: 290.66 0.01 (0%)

290.65

-0.65 (-0.22%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)07-30 2025-07-30/bmo
Earnings (Next)11-05 2025-11-05/amc
Inst Owners96.29%
Inst Owner Change0.12%
Ins Owners0.13%
Ins Owner Change0.06%
Market Cap34.96B
Revenue(TTM)123.11B
Net Income(TTM)1.58B
Analysts70
Price Target301.97 (3.89%)
Short Float %3.4%
Short Ratio2.2
Dividend
Industry RankSector Rank
Dividend Yield 1.32%
Yearly Dividend3.55
Dividend Growth(5Y)10.32%
DP27.22%
Div Incr Years0
Div Non Decr Years8
Ex-Date09-26 2025-09-26 (0.885)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.37%
Min EPS beat(2)4.86%
Max EPS beat(2)13.88%
EPS beat(4)4
Avg EPS beat(4)10.23%
Min EPS beat(4)1.21%
Max EPS beat(4)20.98%
EPS beat(8)7
Avg EPS beat(8)-11.27%
EPS beat(12)11
Avg EPS beat(12)-5.94%
EPS beat(16)15
Avg EPS beat(16)-2.06%
Revenue beat(2)1
Avg Revenue beat(2)-0.39%
Min Revenue beat(2)-1.32%
Max Revenue beat(2)0.55%
Revenue beat(4)3
Avg Revenue beat(4)0.16%
Min Revenue beat(4)-1.32%
Max Revenue beat(4)1.18%
Revenue beat(8)6
Avg Revenue beat(8)0.48%
Revenue beat(12)6
Avg Revenue beat(12)-0.42%
Revenue beat(16)7
Avg Revenue beat(16)-0.51%
PT rev (1m)-0.02%
PT rev (3m)1.43%
EPS NQ rev (1m)-0.99%
EPS NQ rev (3m)10.44%
EPS NY rev (1m)0.2%
EPS NY rev (3m)4.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.73%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.29%
Valuation
Industry RankSector Rank
PE 14.64
Fwd PE 21.12
P/S 0.28
P/FCF 14.33
P/OCF 11.92
P/B 1.92
P/tB 4.84
EV/EBITDA 9.81
EPS(TTM)19.85
EY6.83%
EPS(NY)13.76
Fwd EY4.73%
FCF(TTM)20.28
FCFY6.98%
OCF(TTM)24.38
OCFY8.39%
SpS1023.61
BVpS151.61
TBVpS60.04
PEG (NY)2.26
PEG (5Y)N/A
Graham Number260.22
Profitability
Industry RankSector Rank
ROA 3.13%
ROE 8.64%
ROCE 7.94%
ROIC 6.01%
ROICexc 6.61%
ROICexgc 13.55%
OM 2.87%
PM (TTM) 1.28%
GM N/A
FCFM 1.98%
ROA(3y)4.8%
ROA(5y)6.13%
ROE(3y)13.67%
ROE(5y)16.75%
ROIC(3y)7.86%
ROIC(5y)8.6%
ROICexc(3y)8.87%
ROICexc(5y)9.81%
ROICexgc(3y)19.84%
ROICexgc(5y)21.44%
ROCE(3y)10.58%
ROCE(5y)11.53%
ROICexgc growth 3Y-14.61%
ROICexgc growth 5Y-10.55%
ROICexc growth 3Y-6.07%
ROICexc growth 5Y-12.53%
OM growth 3Y-13.15%
OM growth 5Y-12.08%
PM growth 3Y-33.79%
PM growth 5Y-24.48%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover2.44
Health
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF 5.16
Debt/EBITDA 2.83
Cap/Depr 54.24%
Cap/Sales 0.4%
Interest Coverage 5.64
Cash Conversion 65.98%
Profit Quality 154.76%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC7.99%
ROIC/WACC0.75
Cap/Depr(3y)100.48%
Cap/Depr(5y)128.5%
Cap/Sales(3y)0.88%
Cap/Sales(5y)1.09%
Profit Quality(3y)147.09%
Profit Quality(5y)122.47%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.19%
EPS 3Y-7.76%
EPS 5Y-1.92%
EPS Q2Q%-9.91%
EPS Next Y6.49%
EPS Next 2Y-7.8%
EPS Next 3Y9.26%
EPS Next 5Y16.62%
Revenue 1Y (TTM)9.88%
Revenue growth 3Y12.34%
Revenue growth 5Y12.66%
Sales Q2Q%10.24%
Revenue Next Year9.68%
Revenue Next 2Y7.37%
Revenue Next 3Y7.26%
Revenue Next 5Y8.25%
EBIT growth 1Y-8.8%
EBIT growth 3Y-2.43%
EBIT growth 5Y-0.95%
EBIT Next Year33.4%
EBIT Next 3Y14.84%
EBIT Next 5Y14.56%
FCF growth 1Y-79.94%
FCF growth 3Y36.22%
FCF growth 5Y-12.07%
OCF growth 1Y-77.77%
OCF growth 3Y9.45%
OCF growth 5Y-10.91%

HUMANA INC / HUM FAQ

What is the fundamental rating for HUM stock?

ChartMill assigns a fundamental rating of 4 / 10 to HUM.


What is the valuation status of HUMANA INC (HUM) stock?

ChartMill assigns a valuation rating of 5 / 10 to HUMANA INC (HUM). This can be considered as Fairly Valued.


What is the profitability of HUM stock?

HUMANA INC (HUM) has a profitability rating of 4 / 10.


What is the expected EPS growth for HUMANA INC (HUM) stock?

The Earnings per Share (EPS) of HUMANA INC (HUM) is expected to grow by 6.49% in the next year.


Can you provide the dividend sustainability for HUM stock?

The dividend rating of HUMANA INC (HUM) is 7 / 10 and the dividend payout ratio is 27.22%.