HumanaFRA:HUM +0.58%87 Pretax Margin % is 4.02% as of Mar. 2026, which is 8% above its 10-year median of 3.73. GuruFocus rates FRA:HUM with a GF Score™ of 87/100 and a GF Value™ of €318.26 (Fairly Valued). The stock has 7 warning signs investors should review. Among 18 Healthcare Plans companies, Humana ranks worse than 61.11% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Humana's Pre-Tax Income for the
three
months ended in Mar. 2026 was €1,380 Mil. Humana's Revenue for the
three
months ended in Mar. 2026 was €34,296 Mil. Therefore, Humana's pretax margin for the quarter that ended in Mar. 2026 was 4.02%.
The historical rank and industry rank for Humana's Pretax Margin % or its related term are showing as below:
FRA:HUM'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.06 Med: 3.73 Max: 7.48
Current: 1.06
FRA:HUM's Pretax Margin % is ranked worse than 61.11% of 18
companies
in the Healthcare Plans industry
Industry Median: 2.235
vs FRA:HUM: 1.06
Humana (FRA:HUM) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Humana Pretax Margin % Related Terms
Humana Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Humana's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:HUM vs CNC, CI, MOH: Pretax Margin % Comparison
For the Healthcare Plans subindustry, Humana's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Humana Pretax Margin % vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Humana's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Humana's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Humana (FRA:HUM) has a Pretax Margin % of 4.02% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Humana and its competitors. This is near median its historical median of 3.73. Over the past decade, Humana's Pretax Margin % has ranged from 1.06 to 7.48. According to the industry distribution chart, Humana ranks #11 out of 18 companies in the Healthcare Plans industry, placing it in the top 61.1%.
Is Humana's Pretax Margin % too high?
Humana's current Pretax Margin % of 4.02% is near median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 7.48. The Healthcare Plans industry median Pretax Margin % is 2.24. Humana's value of 4.02% is 79.9% above this industry median. Based on the distribution chart, Humana ranks #11 out of 18 companies in the Healthcare Plans industry, which is below the industry midpoint. Overall, Humana has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Humana's Pretax Margin % compare to CNC and CI?
According to the Healthcare Plans industry distribution chart, Humana ranks #11 out of 18 companies for Pretax Margin %. This places Humana in the lower half of its industry. The industry median Pretax Margin % is 2.24. Humana's value of 4.02% is 79.9% above this benchmark. Historically, Humana's own Pretax Margin % has ranged from 1.06 to 7.48 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 2.24, Humana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Healthcare Plans company?
The median Pretax Margin % among Healthcare Plans companies is 2.24, based on 18 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Humana's current Pretax Margin % of 4.02% is 79.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Humana and its competitors. For the Healthcare Plans industry, the median Pretax Margin % is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Humana's current Pretax Margin % is 4.02%, which is near median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Humana stock overvalued right now?
Based on GuruFocus' analysis, Humana (FRA:HUM) is currently considered Fairly Valued. The stock's GF Value™ is €318.26, compared to a current price of €346.00 — trading 8.7% above its estimated fair value. The current Pretax Margin % is 4.02%, which is near median its 10-year median of 3.73 and 79.9% above the Healthcare Plans industry median of 2.24. Humana's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Humana (FRA:HUM), the current Pretax Margin % is 4.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Humana (FRA:HUM) Overvalued in 2026?
Based on GuruFocus' analysis, Humana stock appears to be overvalued.
The current stock price of €346.00 is trading 8.7% above its estimated GF Value™ of €318.26.
GuruFocus considers Humana to be Fairly Valued.
Key valuation signals for FRA:HUM:
Pretax Margin %: 4.02% (near median its 10-year median of 3.73)
GF Value™: €318.26 vs. price of €346.00 (8.7% above fair value)
Industry Position: 79.9% above the Healthcare Plans median (#11 of 18)
No single metric tells the full story. See the FRA:HUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Humana is one of the largest private health insurers in the US, and the firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from Medicare, Medicaid, and the military's Tricare program. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.
87GF Score
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