Humana debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$14,247M

Cash & equivalents

USD millions

$6,893M

Net debt

USD millions

$7,354M

Debt / equity

0.74×

Debt / assets

24.91%

Net debt / EBITDA

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Debt / FCF

× · TTM

7.31×

Interest coverage

× · TTM

—

Not applicable to banks and insurers: these ratios use an industrial-company capital model.

Current ratio

1.74×

Diluted shares

Million shares

121.14M shares

Basic shares

Million shares

120.07M shares

Share count growth

-0.39%

Share repurchases

USD millions

$1M

Quarterly data

Humana capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	14,247	6,893	7,354	0.74×	24.91%	—	7.31×	—	1.74×	121.14	120.07	-0.39%	1
FY 2026 Q1	Mar 31, 2026	13,993	4,951	9,042	0.75×	25.31%	—	11×	—	1.77×	120.65	120.33	-0.28%	107
FY 2025 Q4	Dec 31, 2025	12,369	4,200	8,169	0.7×	25.29%	—	32.98×	—	2×	120.97	120.34	-0.1%	42
FY 2025 Q3	Sep 30, 2025	12,607	5,388	7,219	0.68×	25.36%	—	8.15×	—	2.02×	120.75	120.27	-0.11%	0
FY 2025 Q2	Jun 30, 2025	12,586	4,040	8,546	0.69×	24.99%	—	5.16×	—	1.95×	120.75	120.54	0.08%	100
FY 2025 Q1	Mar 31, 2025	13,306	4,250	9,056	0.75×	26.13%	—	5.59×	—	1.91×	120.84	120.67	-0.26%	9
FY 2024 Q4	Dec 31, 2024	11,721	2,221	9,500	0.71×	25.22%	—	4.9×	—	1.76×	120.78	120.46	-1.65%	49
FY 2024 Q3	Sep 30, 2024	13,022	5,116	7,906	0.74×	26.04%	—	—	—	1.76×	120.76	120.41	-2.45%	2
FY 2024 Q2	Jun 30, 2024	12,895	5,501	7,394	0.77×	25.74%	—	—	—	1.66×	120.67	120.45	-3.31%	49
FY 2024 Q1	Mar 31, 2024	13,212	5,910	7,302	0.82×	26.38%	—	—	—	1.67×	121.27	120.98	-3.22%	717
FY 2023 Q4	Dec 31, 2023	11,656	4,694	6,962	0.71×	24.77%	—	3.92×	—	1.59×	123.12	122.47	-2.53%	571
FY 2023 Q3	Sep 30, 2023	11,728	15,148	-3,420	0.69×	20.98%	—	2.34×	—	1.37×	123.98	123.43	-2.49%	379
FY 2023 Q2	Jun 30, 2023	11,744	16,214	-4,470	0.7×	20.8%	—	0.97×	—	1.37×	125.11	124.57	-1.54%	529
FY 2023 Q1	Mar 31, 2023	11,610	13,735	-2,125	0.7×	21.2%	—	1.17×	—	1.39×	125.56	125.01	-1.52%	94
FY 2022 Q4	Dec 31, 2022	11,126	5,061	6,065	0.72×	25.84%	—	3.21×	—	1.52×	126.47	125.65	-2.3%	1,064
FY 2022 Q3	Sep 30, 2022	10,597	13,558	-2,961	0.65×	20.87%	—	1.26×	—	1.35×	127.36	126.57	-1.51%	4
FY 2022 Q2	Jun 30, 2022	12,831	5,153	7,678	0.83×	27.4%	—	4.7×	—	1.53×	127.08	126.52	-1.69%	4
FY 2022 Q1	Mar 31, 2022	12,975	4,864	8,111	0.85×	28.02%	—	6.24×	—	1.53×	127.47	126.94	-1.55%	1,024
FY 2021 Q4	Dec 31, 2021	12,494	3,394	9,100	0.78×	28.17%	—	13.21×	—	1.62×	129.39	128.61	-2.64%	43
FY 2021 Q3	Sep 30, 2021	12,261	4,304	7,957	0.75×	27.05%	—	8.76×	—	1.72×	129.26	128.52	-2.87%	3
FY 2021 Q2	Jun 30, 2021	7,172	3,378	3,794	0.48×	18.84%	—	15.73×	—	1.71×	129.39	128.69	-2.69%	3
FY 2021 Q1	Mar 31, 2021	7,266	3,877	3,389	0.51×	19.42%	—	2.22×	—	1.67×	129.55	128.93	-2.42%	30
FY 2020 Q4	Dec 31, 2020	6,660	4,673	1,987	0.49×	19.05%	—	1.42×	—	1.77×	133.02	132.09	-0.28%	1,790
FY 2020 Q3	Sep 30, 2020	7,783	7,985	-202	0.49×	20.23%	—	1.57×	—	1.81×	133.2	132.32	-0.75%	5
FY 2020 Q2	Jun 30, 2020	7,782	7,163	619	0.54×	20.24%	—	1.38×	—	1.69×	133.02	132.25	-2.08%	8
FY 2020 Q1	Mar 31, 2020	7,955	6,054	1,901	0.64×	22.97%	—	1.95×	—	1.66×	132.81	132.14	-2.4%	17
FY 2019 Q4	Dec 31, 2019	5,666	4,054	1,612	0.47×	19.49%	—	1.25×	—	1.82×	133.36	132.47	-3.01%	60
FY 2019 Q3	Sep 30, 2019	6,064	5,527	537	0.52×	20.78%	—	1.61×	—	1.83×	134.03	133.32	-3.19%	1,000
FY 2019 Q2	Jun 30, 2019	5,726	4,778	948	0.48×	19.8%	—	18.71×	—	1.75×	135.58	135.06	-1.96%	0
FY 2019 Q1	Mar 31, 2019	6,094	3,877	2,217	0.56×	21.5%	—	—	—	1.65×	135.96	135.38	-1.83%	10
FY 2018 Q4	Dec 31, 2018	6,069	2,343	3,726	0.6×	23.88%	—	3.89×	—	1.68×	137.54	136.58	-3.39%	796
FY 2018 Q3	Sep 30, 2018	—	4,142	—	—	—	—	—	—	1.68×	138.68	137.71	-4.51%	201
FY 2018 Q2	Jun 30, 2018	—	8,052	—	—	—	—	—	—	1.43×	138.58	137.76	-4.73%	42
FY 2018 Q1	Mar 31, 2018	—	8,855	—	—	—	—	—	—	1.55×	138.83	137.9	-6.71%	51
FY 2017 Q4	Dec 31, 2017	—	4,042	—	—	—	—	—	—	1.85×	142.51	141.37	-5.46%	1,546
FY 2017 Q3	Sep 30, 2017	4,930	9,865	-4,935	0.44×	14.96%	—	1.34×	—	1.61×	145.36	144.22	-3.48%	241
FY 2017 Q2	Jun 30, 2017	4,980	8,139	-3,159	0.45×	15.44%	—	0.94×	—	1.65×	145.63	144.6	-3.2%	4
FY 2017 Q1	Mar 31, 2017	—	8,425	—	—	—	—	—	—	1.65×	148.87	147.82	-0.9%	1,574
FY 2016 Q4	Dec 31, 2016	4,092	3,877	215	0.38×	16.11%	—	2.9×	—	2.07×	151.06	149.54	0.38%	29
FY 2016 Q3	Sep 30, 2016	—	6,769	—	—	—	—	—	—	1.66×	150.9	149.42	0.35%	2
FY 2016 Q2	Jun 30, 2016	—	2,429	—	—	—	—	—	—	1.79×	150.81	149.39	-0.06%	2
FY 2016 Q1	Mar 31, 2016	—	2,801	—	—	—	—	—	—	1.77×	150.55	149.16	-0.88%	71
FY 2015 Q4	Dec 31, 2015	—	2,571	—	—	—	—	—	—	1.93×	150.61	148.97	-1.83%	5
FY 2015 Q3	Sep 30, 2015	—	1,597	—	—	—	—	—	—	2.04×	150.47	148.89	-3.63%	9
FY 2015 Q2	Jun 30, 2015	—	2,250	—	—	—	—	—	—	1.89×	151.15	149.47	-3.83%	305
FY 2015 Q1	Mar 31, 2015	—	1,946	—	—	—	—	—	—	1.9×	152.35	150.49	-2.97%	66
FY 2014 Q4	Dec 31, 2014	—	1,935	—	—	—	—	—	—	2×	153.6	151.76	-2.69%	602
FY 2014 Q3	Sep 30, 2014	4,338	2,705	1,633	0.43×	17.83%	—	4.73×	—	2.01×	156.23	154.5	-1.71%	118
FY 2014 Q2	Jun 30, 2014	—	1,593	—	—	—	—	—	—	1.79×	157.05	155.42	-1.62%	103
FY 2014 Q1	Mar 31, 2014	—	1,662	—	—	—	—	—	—	1.81×	156.65	155.09	-2.41%	49
FY 2013 Q4	Dec 31, 2013	2,600	1,138	1,462	0.28×	12.54%	—	2.04×	—	1.95×	157.79	155.95	-1.78%	206
FY 2013 Q3	Sep 30, 2013	—	1,255	—	—	—	—	—	—	1.92×	158.91	157.19	-2.15%	94
FY 2013 Q2	Jun 30, 2013	—	1,519	—	—	—	—	—	—	1.87×	159.52	157.98	-2.97%	137
FY 2013 Q1	Mar 31, 2013	—	1,398	—	—	—	—	—	—	1.83×	160.4	158.92	-2.93%	94
FY 2012 Q4	Dec 31, 2012	2,611	1,306	1,305	0.3×	13.07%	—	1.73×	—	1.84×	160.7	158.78	-2.74%	5
FY 2012 Q3	Sep 30, 2012	—	1,363	—	—	—	—	—	—	1.83×	162.42	160.64	-2.12%	235
FY 2012 Q2	Jun 30, 2012	—	3,869	—	—	—	—	—	—	1.62×	164.64	162.82	-2.52%	127
FY 2012 Q1	Mar 31, 2012	—	3,656	—	—	—	—	—	—	1.59×	166.09	163.72	-2.12%	151
FY 2011 Q4	Dec 31, 2011	1,659	1,377	282	0.21×	9.37%	—	0.96×	—	1.85×	165.66	163.26	-2.18%	0.77
FY 2011 Q3	Sep 30, 2011	—	4,019.41	—	—	—	—	—	—	1.6×	166.58	164.12	-2.06%	239.45
FY 2011 Q2	Jun 30, 2011	—	1,567.82	—	—	—	—	—	—	1.81×	169.56	167.02	-0.86%	211.88
FY 2011 Q1	Mar 31, 2011	—	1,756.04	—	—	—	—	—	—	1.74×	169.53	167.27	-0.55%	88.9
FY 2010 Q4	Dec 31, 2010	1,668.85	1,673.14	-4.29	0.24×	10.36%	—	0.83×	—	1.76×	169.31	166.89	-0.48%	0.38
FY 2010 Q3	Sep 30, 2010	—	2,922.85	—	—	—	—	—	—	1.82×	169.58	167.57	0.1%	50.3
FY 2010 Q2	Jun 30, 2010	—	1,998.98	—	—	—	—	—	—	1.8×	170.23	168.47	0.7%	50.2
FY 2010 Q1	Mar 31, 2010	—	1,813.99	—	—	—	—	—	—	1.74×	170.08	168.2	—	7.67
FY 2009 Q4	Dec 31, 2009	1,678.17	1,613.59	64.58	0.29×	11.86%	—	1.36×	—	1.76×	169.7	167.7	—	14.57
FY 2009 Q3	Sep 30, 2009	—	1,452.01	—	—	—	—	—	—	1.68×	169.25	167.4	—	2.27
FY 2009 Q2	Jun 30, 2009	—	1,585.11	—	—	—	—	—	—	1.6×	168.67	167.3	—	0

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · HUM, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.