Humana Inc. (HUM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.25B | -1.65B | 971M | 1.27B | 331M | -528M | 1.86B | 1.21B | 423M | -7.13B | 1.25B | 3.18B | 6.69B | -5.13B | 8.45B | 959M | 302M | -96M | 2.83B | 360M |
| Operating CF Margin % | 3.16% | -5.08% | 2.97% | 3.92% | 1.03% | -1.81% | 6.32% | 4.11% | 1.43% | -26.96% | 4.74% | 11.87% | 25.01% | -22.85% | 37.08% | 4.05% | 1.26% | -0.46% | 13.03% | 1.74% |
| Operating CF Growth % | 278.85% | -212.88% | -47.74% | 4.78% | -21.75% | 92.6% | 48.4% | -61.81% | -93.67% | -39.15% | -85.19% | 231.18% | 2114.24% | -5240.63% | 198.17% | 166.39% | 136.08% | -133.92% | 56.2% | -88.26% |
| Net Income | 1.18B | -796M | 194M | 543M | 1.24B | -686M | 480M | 678M | 739M | -540M | 830M | 956M | 1.24B | -18M | 1.19B | 697M | 930M | -13M | 1.53B | 588M |
| Depreciation & Amortization | 194M | 194M | 204M | 211M | 215M | 240M | 243M | 243M | 242M | 238M | 235M | 226M | 218M | 217M | 214M | 209M | 205M | 194M | 181M | 170M |
| Stock-Based Compensation | 51M | 48M | 83M | 61M | 49M | 54M | 53M | 55M | 45M | 33M | 53M | 51M | 38M | 43M | 80M | 50M | 43M | 48M | 48M | 45M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -167M | 0 | 0 | 0 | -67M | -200M | 0 | 0 | 15M | 0 | 0 |
| Other Non-Cash Items | 40M | 312M | 63M | 38M | 57M | 174M | 80M | 83M | 89M | 319M | 64M | 25M | 83M | 221M | -241M | 385M | 92M | 142M | -1.01B | -105M |
| Working Capital Changes | -215M | -1.41B | 427M | 418M | -1.23B | -310M | 1B | 154M | -692M | -7.02B | 70M | 1.92B | 5.11B | -5.52B | 7.41B | -382M | -968M | -482M | 2.09B | -338M |
| Change in Receivables | -1.91B | -586M | 1.82B | -45M | -1.75B | -560M | 1.95B | -165M | -1.89B | -211M | -395M | 1.7B | -1.43B | -65M | 1.74B | -373M | -1.36B | 14M | 991M | -236M |
| Change in Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Payables | 2.72B | -121M | -971M | -391M | 1.01B | -685M | -321M | -283M | 1.49B | 45M | -108M | 224M | 754M | 27M | -413M | 272M | 1.09B | -469M | 273M | -166M |
| Cash from Investing | -2.55B | 632M | 980M | 347M | 314M | -63M | -1.47B | -1B | -414M | -882M | -585M | -733M | -1.29B | -1.01B | 1.68B | -1.02B | -648M | -102M | -4.25B | -715M |
| Capital Expenditures | -121M | -202M | -135M | -114M | -95M | -154M | -130M | -114M | -177M | -283M | -234M | -264M | -223M | -258M | -288M | -279M | -295M | -371M | -326M | -329M |
| CapEx % of Revenue | 0.31% | 0.62% | 0.41% | 0.35% | 0.3% | 0.53% | 0.44% | 0.39% | 0.6% | 1.07% | 0.89% | 0.99% | 0.83% | 1.15% | 1.26% | 1.18% | 1.23% | 1.76% | 1.5% | 1.59% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 55M | -56M | -93M | 127M | -175M | -461M | 0 | -79M | 0 | 210M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 2.05B | -168M | -603M | -1.83B | 1.38B | -2.3B | -770M | -620M | 1.21B | -2.44B | -1.73B | 36M | 3.28B | -2.36B | -1.79B | 419M | 1.82B | -712M | 2.34B | -144M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -107M | -42M | 0 | -100M | -9M | -49M | -2M | -49M | -717M | -571M | -379M | -529M | -94M | -1.06B | -4M | -4M | -1.02B | -43M | -3M | -3M |
| Dividends Paid | -107M | -109M | -107M | -106M | -108M | -108M | -107M | -107M | -109M | -111M | -109M | -111M | -100M | -101M | -100M | -100M | -91M | -91M | -90M | -90M |
| Share Repurchases | -107M | -42M | 0 | -100M | -9M | -49M | -2M | -49M | -717M | -571M | -379M | -529M | -94M | -1.06B | -4M | -4M | -1.02B | -43M | -3M | -3M |
| Other Financing | 591M | 160M | -496M | -850M | 24M | -1.08B | -647M | -179M | 445M | -1.62B | -1.25B | 550M | 3B | -1.78B | 709M | 602M | 2.46B | -809M | -588M | 151M |
| Net Change in Cash | 751M | -1.19B | 1.35B | -210M | 2.03B | -2.9B | -385M | -409M | 1.22B | -10.45B | -1.07B | 2.48B | 8.67B | -8.5B | 8.34B | 356M | 1.47B | -910M | 926M | -499M |
| Free Cash Flow | 1.13B | -1.85B | 836M | 1.16B | 236M | -682M | 1.73B | 1.1B | 246M | -7.42B | 1.02B | 2.91B | 6.46B | -5.38B | 8.16B | 680M | 7M | -467M | 2.51B | 31M |
| FCF Margin % | 2.86% | -5.7% | 2.56% | 3.57% | 0.73% | -2.33% | 5.88% | 3.72% | 0.83% | -28.03% | 3.85% | 10.89% | 24.17% | -24% | 35.81% | 2.87% | 0.03% | -2.22% | 11.53% | 0.15% |
| FCF Growth % | 380.08% | -171.85% | -51.62% | 5.28% | -4.06% | 90.8% | 69.74% | -62.26% | -96.19% | -37.73% | -87.53% | 328.24% | 92242.86% | -1053.1% | 225.43% | 2093.55% | 100.62% | -3492.31% | 60.32% | -98.91% |
| FCF per Share | 9.39 | -15.41 | 6.92 | 9.58 | 1.95 | -5.65 | 14.31 | 9.11 | 2.03 | -60.57 | 8.21 | 23.28 | 51.48 | -42.86 | 64.11 | 5.35 | 0.05 | -3.63 | 19.41 | 0.24 |
| FCF Conversion (FCF/Net Income) | 1.06x | 2.08x | 4.98x | 2.33x | 0.27x | 0.76x | 3.87x | 1.79x | 0.57x | 13.19x | 1.50x | 3.31x | 5.40x | 341.80x | 7.07x | 1.38x | 0.32x | 6.86x | 1.85x | 0.61x |
| Interest Paid | 142M | 188M | 147M | 150M | 143M | 168M | 166M | 92M | 158M | 77M | 142M | 78M | 97M | 98M | 85M | 104M | 67M | 102M | 51M | 92M |
| Taxes Paid | 0 | 80M | 122M | 0 | 0 | -570M | 208M | 361M | 1M | 40M | 276M | 675M | 6M | 7M | 378M | 0 | 0 | 8M | -167M | 387M |