HUMANA INC
HUM · Hospital & Medical Service Plans · 120.1M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $1.4B (gross $1.6B, SBC $175M)
Reference price $185.21 · est. market cap ~$22.2B — last insider purchase, 2026-02-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66Humana — large Medicare-Advantage insurer squeezed on margins.
Strengths
- Strong liquidity (current 2.0, 100th pct)
- CenterWell care-delivery growth, revenue +10%
Risks
- Net margin <1% (thin), MA utilization pressure
- Star-ratings and reimbursement risk
- Earnings down slightly
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
2.1%
Net margin
0.9%
Return on equity
6.7%
Return on assets
2.4%
ROIC
7.1%
Revenue growth (QoQ)
21.9%
Net-income growth
-1.6%
Debt / equity
0.7×
Net debt / EBITDA
-2.4×
Current ratio
2.0×
Free cash flow
$375M
EBITDA
$3.4B
Tangible book value
$6.8B
Cash & investments
$20.4B
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-01 | Mehta Japan | Grant | 9.4K | — |
| 2026-05-01 | Rechtin James A. | Grant | 36K | — |
| 2026-05-01 | Shetty Sanjay K | Grant | 9.9K | — |
| 2026-05-01 | Field Robert Stuart | Grant | 852 | — |
| 2026-05-01 | Martin Aaron | Grant | 8.2K | — |
| 2026-05-01 | O'Hara Michelle A. | Grant | 10K | — |
| 2026-05-01 | Ventura Joseph C | Grant | 10K | — |
| 2026-05-01 | Mellet Celeste | Grant | 15K | — |
| 2026-05-01 | Dintenfass David | Grant | 11K | — |
| 2026-04-01 | Shetty Sanjay K | Tax withheld | 401 | $175.44 |
| 2026-04-01 | Shetty Sanjay K | Option exercise | 887 | — |
| 2026-02-24 | Felter John-Paul W. | Option exercise | 165 | — |
| 2026-02-24 | Renaudin George II | Option exercise | 1.0K | — |
| 2026-02-24 | Renaudin George II | Tax withheld | 419 | $177.07 |
| 2026-02-24 | Ventura Joseph C | Option exercise | 1.0K | — |
| 2026-02-24 | Ventura Joseph C | Tax withheld | 478 | $177.07 |
| 2026-02-24 | Felter John-Paul W. | Tax withheld | 84 | $177.07 |
| 2026-02-23 | Felter John-Paul W. | Grant | 5.7K | — |
| 2026-02-23 | Shetty Sanjay K | Buy | 810 | $185.21 |
| 2026-02-21 | Dintenfass David | Tax withheld | 1.2K | $189.66 |
| 2026-02-21 | Dintenfass David | Option exercise | 3.9K | — |
| 2026-02-13 | Mehta Japan | Tax withheld | 430 | $181.46 |
| 2026-02-13 | Mellet Celeste | Option exercise | 7.8K | — |
| 2026-02-13 | Mellet Celeste | Tax withheld | 4.2K | $181.46 |
| 2026-02-13 | Mehta Japan | Option exercise | 1.7K | — |
| 2026-02-12 | Martin Aaron | Grant | 17K | — |
| 2026-01-08 | Rechtin James A. | Tax withheld | 980 | $279.15 |
| 2026-01-08 | Rechtin James A. | Option exercise | 2.2K | — |
| 2026-01-02 | Mesquita Jorge S. | Grant | 766 | — |
| 2026-01-02 | Feinberg David T | Grant | 766 | — |
| 2026-01-01 | O'Hara Michelle A. | Option exercise | 2.4K | — |
| 2026-01-01 | O'Hara Michelle A. | Tax withheld | 1.1K | $258.87 |
| 2025-12-15 | Mellet Celeste | Option exercise | 2.1K | — |
| 2025-12-15 | Mehta Japan | Option exercise | 1.2K | — |
| 2025-12-15 | Mehta Japan | Tax withheld | 470 | $270.15 |
| 2025-12-15 | Dintenfass David | Option exercise | 2.0K | — |
| 2025-12-15 | Dintenfass David | Tax withheld | 918 | $270.15 |
| 2025-12-15 | Rechtin James A. | Option exercise | 7.7K | — |
| 2025-12-15 | Rechtin James A. | Tax withheld | 3.4K | $270.15 |
| 2025-12-15 | Shetty Sanjay K | Option exercise | 2.0K | — |
| 2025-12-15 | Shetty Sanjay K | Tax withheld | 888 | $270.15 |
| 2025-12-15 | Shetty Sanjay K | Option exercise | 308 | — |
| 2025-12-15 | Shetty Sanjay K | Tax withheld | 139 | $270.15 |
| 2025-12-15 | Renaudin George II | Option exercise | 2.1K | — |
| 2025-12-15 | Renaudin George II | Tax withheld | 830 | $270.15 |
| 2025-12-15 | Renaudin George II | Option exercise | 360 | — |
| 2025-12-15 | Renaudin George II | Tax withheld | 142 | $270.15 |
| 2025-12-15 | Felter John-Paul W. | Option exercise | 455 | — |
| 2025-12-15 | Felter John-Paul W. | Tax withheld | 209 | $270.15 |
| 2025-12-15 | Felter John-Paul W. | Option exercise | 115 | — |
| 2025-12-15 | Felter John-Paul W. | Tax withheld | 53 | $270.15 |
| 2025-12-15 | O'Hara Michelle A. | Option exercise | 1.4K | — |
| 2025-12-15 | O'Hara Michelle A. | Tax withheld | 632 | $270.15 |
| 2025-12-15 | Ventura Joseph C | Option exercise | 2.0K | — |
| 2025-12-15 | Ventura Joseph C | Tax withheld | 933 | $270.15 |
| 2025-12-15 | Ventura Joseph C | Option exercise | 360 | — |
| 2025-12-15 | Ventura Joseph C | Tax withheld | 164 | $270.15 |
| 2025-12-15 | Mellet Celeste | Tax withheld | 1.2K | $270.15 |
| 2025-11-01 | Smith Gordon | Option exercise | 765 | — |
| 2025-10-01 | Renaudin George II | Option exercise | 609 | — |
| 2025-10-01 | Renaudin George II | Tax withheld | 240 | $253.12 |
| 2025-08-01 | Felter John-Paul W. | Option exercise | 211 | — |
| 2025-08-01 | Felter John-Paul W. | Tax withheld | 97 | $248.41 |
| 2025-05-14 | Rechtin James A. | Buy | 6.5K | $229.25 |
| 2025-02-24 | Mellet Celeste | Grant | 6.4K | — |
| 2025-02-24 | Dintenfass David | Grant | 4.4K | — |
| 2025-02-24 | Agrawal Vishal | Grant | 3.3K | — |
| 2025-02-24 | Mehta Japan | Grant | 3.6K | — |
| 2025-02-24 | Shetty Sanjay K | Grant | 4.2K | — |
| 2025-02-24 | O'Hara Michelle A. | Grant | 4.2K | — |
| 2025-02-24 | Rechtin James A. | Grant | 19K | — |
| 2025-02-24 | Felter John-Paul W. | Grant | 876 | — |
| 2025-02-24 | Renaudin George II | Grant | 4.5K | — |
| 2025-02-24 | Ventura Joseph C | Grant | 4.4K | — |
| 2025-02-21 | Dintenfass David | Tax withheld | 1.2K | $258.57 |
| 2025-02-21 | Renaudin George II | Option exercise | 732 | — |
| 2025-02-21 | Renaudin George II | Tax withheld | 300 | $258.57 |
| 2025-02-21 | Ventura Joseph C | Option exercise | 2.3K | — |
| 2025-02-21 | Ventura Joseph C | Tax withheld | 1.1K | $258.57 |
| 2025-02-21 | Agrawal Vishal | Option exercise | 2.0K | — |
| 2025-02-21 | Agrawal Vishal | Tax withheld | 905 | $258.57 |
| 2025-02-13 | Mellet Celeste | Grant | 23K | — |
| 2025-02-13 | Mehta Japan | Grant | 5.0K | — |
| 2025-01-08 | Rechtin James A. | Option exercise | 2.2K | — |
| 2025-01-08 | Rechtin James A. | Tax withheld | 978 | $264.68 |
| 2025-01-02 | Mesquita Jorge S. | Grant | 783 | — |
| 2025-01-02 | SMITH BRAD D | Grant | 783 | — |
| 2025-01-01 | O'Hara Michelle A. | Grant | 7.1K | — |
| 2024-12-31 | Huval Timothy S. | Sell | 3.7K | $256.26 |
| 2024-12-31 | Huval Timothy S. | Gift | 1.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Clinical trials
| Trial | Title | Phase | Status | Primary completion |
|---|---|---|---|---|
| NCT04862858 ↗ | Educational Intervention to Increase Select Guideline-recommended Cardioprotective Medications in Patients With Diabetes Diabetes Mellitus, Type 2, Cardiovascular Diseases | NA | Unknown | 2021-11-30 |
Source: ClinicalTrials.gov (U.S. NIH) · active studies first.
Supply chain
Customers (1)
- Centers for Medicare & Medicaid Services (CMS)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-01 | Reg FD | filing ↗ |
| 2026-05-19 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-04-29 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-20 | Shareholder vote | filing ↗ |
| 2026-04-10 | Exec/director change | filing ↗ |
| 2026-03-09 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2026-03-02 | Reg FD | filing ↗ |
| 2026-02-11 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-01 | 2026-06-01 | 0000049071-26-000027 ↗ |
| 8-K | 2026-05-19 | 2026-05-15 | 0000049071-26-000025 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0000049071-26-000023 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0000049071-26-000021 ↗ |
| 8-K | 2026-04-20 | 2026-04-16 | 0000049071-26-000015 ↗ |
| 8-K | 2026-04-10 | 2026-04-10 | 0000049071-26-000013 ↗ |
| 8-K | 2026-03-09 | 2026-03-05 | 0001628280-26-016031 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0000049071-26-000011 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0000049071-26-000009 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0000049071-26-000005 ↗ |
| 8-K | 2025-12-16 | 2025-12-16 | 0000049071-25-000061 ↗ |
| 8-K | 2025-12-01 | 2025-12-01 | 0000049071-25-000059 ↗ |