---
title: "Humana: Metrics Guide"
description: "Humana revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/humana/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Humana: Financial & Operating Metrics Guide

## Direct Answer

Humana reported revenue of $130 billion for the fiscal year ended December 31, 2025, with an operating margin of 2.1% and net income of $1.2 billion, according to its SEC filings. Revenue grew 10.1% from the prior year.

## What Are Humana's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $130 billion | $118 billion | $106 billion | $92.9 billion |
| Operating income | $2.7 billion | $2.6 billion | $4.0 billion | $3.8 billion |
| Operating margin | 2.1% | 2.2% | 3.8% | 4.1% |
| Net income | $1.2 billion | $1.2 billion | $2.5 billion | $2.8 billion |
| Net margin | 0.9% | 1.0% | 2.3% | 3.0% |
| Operating cash flow | $921 million | $3.0 billion | $4.0 billion | $4.6 billion |
| Capital expenditures | $546 million | $575 million | $1.0 billion | $1.1 billion |
| Free cash flow | $375 million | $2.4 billion | $3.0 billion | $3.5 billion |

Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $375 million against net income of $1.2 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.

![Bar chart of Humana revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $130 billion, operating income $2.7 billion and net income $1.2 billion.](https://www.getswoopr.com/images/charts/humana-metrics-revenue-profit.webp)
*Humana revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Humana operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 2.1% and net margin was 0.9%.](https://www.getswoopr.com/images/charts/humana-metrics-margins.webp)
*Humana operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Humana operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $921 million, capital expenditures was $546 million, free cash flow was $375 million.](https://www.getswoopr.com/images/charts/humana-metrics-cash-flow.webp)
*Humana operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Humana's Balance Sheet Show?

| Cash and cash equivalents | $4.2 billion |
| --- | --- |
| Long-term debt | $12.4 billion |
| Total assets | $48.9 billion |
| Total liabilities | $31.2 billion |
| Shareholders' equity | $17.7 billion |
| Current ratio | 2.0x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Humana reported in its own SEC filings, read from the SEC's XBRL data (accession 0000049071-26-000009 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Humana's revenue in fiscal 2025?

Humana reported revenue of $130 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Humana's operating margin?

Humana's operating margin was 2.1% in fiscal 2025: operating income of $2.7 billion on revenue of $130 billion.

### How much free cash flow did Humana generate?

Operating cash flow of $921 million less capital expenditures of $546 million gives free cash flow of $375 million for fiscal 2025.

## References

- [SEC EDGAR: HUMANA INC Form 10-K filed February 19, 2026](https://www.sec.gov/Archives/edgar/data/49071/000004907126000009/hum-20251231.htm)
- [SEC EDGAR: HUMANA INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=49071&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Humana company dossier](https://www.getswoopr.com/stocks/companies/humana/)
- [Humana financial metrics](https://www.getswoopr.com/stocks/companies/humana/metrics/)
- [Humana financial risk indicators](https://www.getswoopr.com/stocks/companies/humana/risks/)
- [Humana peer comparison](https://www.getswoopr.com/stocks/companies/humana/competitors/)
- [Humana business model and revenue mix](https://www.getswoopr.com/stocks/companies/humana/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).