Humana (HUM) FY2022 results: revenue $92.9 billion, up 11.8% on the year
Humana Inc. (HUM) reported revenue of $92.9 billion for fiscal 2022, the year ended 31 December 2022, up 11.8% on the year before. Net income was $2.8 billion, down 4.3%, and diluted earnings per share $22.08. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2023.
Revenue
$92.9 billion
+11.8% on the year
FY2015FY2022
Operating margin
4.1%
3.8% a year earlier
FY2015FY2022
Net income
$2.8 billion
-4.3% on the year
FY2015FY2022
Diluted EPS
$22.08
-2.6% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,587
2,262
5,639
+102.8%
Capital expenditure
1,137
1,342
964
-15.3%
Free cash flow
3,450
920
4,675
+275.0%
Free cash flow margin
3.7%
1.1%
6.1%
Cash from investing
-1,006
-6,556
-3,065
Cash from financing
-1,914
3,015
-1,955
Depreciation and amortisation
709
596
616
+19.0%
Share-based compensation
216
180
181
+20.0%
Buybacks
2,096
79.0
1,820
+2,553.2%
Dividends paid
98.0
90.0
323
+8.9%
Dividend per share
$3.06
$2.73
$2.43
+12.1%
Diluted shares, weighted
127m
129m
133m
-1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
15,311
16,080
13,728
-4.8%
Non-controlling interest
59.0
23.0
0.0
+156.5%
Debt
11,126
12,494
6,660
-10.9%
Operating lease liabilities
456
546
355
-16.5%
Other liabilities
16,103
15,215
14,226
+5.8%
Total liabilities and equity
43,055
44,358
34,969
-2.9%
Fixed assets
3,221
3,073
2,371
+4.8%
Goodwill
9,142
11,092
4,447
-17.6%
Intangible assets
1,765
2,639
329
-33.1%
Investments
14,261
13,972
13,766
+2.1%
Cash and equivalents
5,061
3,394
4,673
+49.1%
Receivables
1,674
1,814
1,138
-7.7%
Other assets
7,931
8,374
8,245
-5.3%
Total assets
43,055
44,358
34,969
-2.9%
10-K for the year ended 31 December 2022, filed 16 February 2023: the filing.