Stock Analysis on Net
Stock Analysis on Net

Humana Inc. (NYSE:HUM)

Common-Size Income Statement

Humana Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Premiums 96.17 94.84 96.31 97.61 97.77
Services 3.83 5.16 3.69 2.39 2.23
External revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Investment income 1.02 0.41 0.23 1.52 0.78
Benefits -83.94 -81.84 -83.50 -81.09 -83.65
Operating costs -12.52 -13.70 -12.21 -13.23 -11.46
Depreciation and amortization -0.74 -0.77 -0.72 -0.64 -0.71
Operating expenses -97.20% -96.30% -96.43% -94.96% -95.82%
Income from operations 3.81% 4.11% 3.80% 6.56% 4.96%
Gain on sale of Gentiva Hospice 0.00 0.26 0.00 0.00 0.00
Interest expense -0.47 -0.43 -0.39 -0.37 -0.38
Other income (expense), net -0.13 -0.07 0.64 -0.14 0.79
Income before income taxes and equity in net earnings (losses) 3.21% 3.86% 4.05% 6.05% 5.37%
Provision for income taxes -0.79 -0.82 -0.59 -1.72 -1.19
Equity in net earnings (losses) -0.06 0.00 0.08 0.10 0.02
Net income 2.36% 3.03% 3.54% 4.43% 4.20%
Net (income) loss attributable to noncontrolling interests 0.00 0.00 0.00 0.00 0.00
Net income attributable to Humana 2.36% 3.03% 3.54% 4.43% 4.20%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Humana Inc. income from operations as a percentage of external revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Income before income taxes and equity in net earnings (losses) Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Humana Inc. income before income taxes and equity in net earnings (losses) as a percentage of external revenues decreased from 2021 to 2022 and from 2022 to 2023.
Net income attributable to Humana The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Humana Inc. net income attributable to Humana as a percentage of external revenues decreased from 2021 to 2022 and from 2022 to 2023.