Humana (HUM) FY2021 results: revenue $83.1 billion, up 7.7% on the year
Humana Inc. (HUM) reported revenue of $83.1 billion for fiscal 2021, the year ended 31 December 2021, up 7.7% on the year before. Net income was $2.9 billion, down 12.9%, and diluted earnings per share $22.67. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$83.1 billion
+7.7% on the year
FY2014FY2021
Operating margin
3.8%
6.5% a year earlier
FY2014FY2021
Net income
$2.9 billion
-12.9% on the year
FY2014FY2021
Diluted EPS
$22.67
-10.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
2,262
5,639
5,284
-59.9%
Capital expenditure
1,342
964
736
+39.2%
Free cash flow
920
4,675
4,548
-80.3%
Free cash flow margin
1.1%
6.1%
7.0%
Cash from investing
-6,556
-3,065
-1,278
Cash from financing
3,015
-1,955
-2,295
Depreciation and amortisation
596
616
575
-3.2%
Share-based compensation
180
181
163
-0.6%
Buybacks
79.0
1,820
1,070
-95.7%
Dividends paid
90.0
323
291
-72.1%
Dividend per share
$2.73
$2.43
$2.15
+12.3%
Diluted shares, weighted
129m
133m
135m
-2.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
16,080
13,728
12,037
+17.1%
Non-controlling interest
23.0
0.0
n/a
Debt
12,494
6,660
5,666
+87.6%
Operating lease liabilities
546
355
332
+53.8%
Other liabilities
15,215
14,226
11,039
+7.0%
Total liabilities and equity
44,358
34,969
29,074
+26.8%
Fixed assets
3,073
2,371
1,955
+29.6%
Goodwill
11,092
4,447
3,928
+149.4%
Intangible assets
2,639
329
177
+702.1%
Investments
13,972
13,766
11,378
+1.5%
Cash and equivalents
3,394
4,673
4,054
-27.4%
Receivables
1,814
1,138
1,056
+59.4%
Other assets
8,374
8,245
6,526
+1.6%
Total assets
44,358
34,969
29,074
+26.8%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.