Humana Inc. (HUM) released its first quarter results on Thursday, April 29, 2021. The company reported net earnings of $6.39 per share for the first quarter ending March 31, 2021. Earnings for this past quarter were up 79 percent compared to the same period a year ago.
Humana Inc. was incorporated in 1964 and is headquartered in Louisville, Kentucky. Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. It operates through Retail, Group and Specialty, and Healthcare Services segments.
Humana's revenue increased 16 percent over the past trailing twelve-month period versus the previous twelve-month period. Operating margins increased to 5.92% over the same period. Net earnings for past trailing twelve months were $3722.0 million, up 42% from the prior year.
Moving on to the balance sheet, Humana’s cash levels dropped 36% for the first quarter over the same period last year. Overall liquidity of the balance sheet, as measured by the current ratio, increased 0.78% this past year. The current ratio for Humana now stands at 1.67. The company decreased shares outstanding by 2.41%.
Shares of HUM are currently trading around $447.64. In terms of valuation, the stock is trading at a trailing twelve-month price to earnings ratio of 15.92 and price to book ratio of 4.09.