Humana Inc
Close on Nov 2, 2026Market cap $49.28BP/E 38.7Yield 0.86%
Humana Consolidated Benefit Ratio / Medical Loss Ratio by Year
Consolidated Benefit Ratio / Medical Loss Ratio (GAAP %) (%)
Humana Consolidated Benefit Ratio / Medical Loss Ratio: 90.2% in FY2025, up 0.4 pts from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
“|| Benefit ratio | 93.0 | % | 91.5 | % | 90.2 | % | 89.8 | %”
Source: HUM Form 8-K Statistical Supplement (2026-02-11) ↗
Benefits expense as a percent of premiums revenue (Page S-3). Primary underwriting profitability driver.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Consolidated Benefit Ratio / Medical Loss Ratio (GAAP %) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 90.2% | +0.4 pts | HUM Form 8-K Statistical Supplement (2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | 89.8% | +2.5 pts | HUM Form 8-K Statistical Supplement (2026-02-11) ↗ |
| FY2023 | Dec 31, 2023 | 87.3% | +1.0 pts | HUM Form 8-K Statistical Supplement (2025-02-11) ↗ |
| FY2022 | Dec 31, 2022 | 86.3% | -0.4 pts | HUM Form 8-K Statistical Supplement (2024-01-25) ↗ |
| FY2021 | Dec 31, 2021 | 86.7% | +3.6 pts | HUM Form 8-K Statistical Supplement (2023-02-01) ↗ |
| FY2020 | Dec 31, 2020 | 83.1% | -2.5 pts | HUM Form 8-K Statistical Supplement (2022-02-02) ↗ |
| FY2019 | Dec 31, 2019 | 85.6% | +2.1 pts | HUM Form 8-K Statistical Supplement (2021-02-03) ↗ |
| FY2018 | Dec 31, 2018 | 83.5% | +0.5 pts | HUM Form 8-K Statistical Supplement (2020-02-05) ↗ |
| FY2017 | Dec 31, 2017 | 83.0% | – | HUM Form 8-K Statistical Supplement (2019-02-06) ↗ |
Breakdown
What makes up consolidated Benefit Ratio / Medical Loss Ratio
Cite this data
StockData. (2026). Humana Consolidated Benefit Ratio / Medical Loss Ratio (%), annual FY2017–FY2025 [Data set]. Compiled from Humana SEC filings and investor materials. https://stockdatahq.com/stocks/hum/kpis/cons-benefit-ratio
See every metric in the Humana KPI table. Data updated Nov 2, 2026.