What is Humana's centerwell — benefits?

Humana (HUM) reported centerwell — benefits of $0 in Q1 2026.

What does centerwell — benefits mean?

Costs directly associated with providing medical or pharmacy benefits to members within the CenterWell segment. This captures the direct medical expense component of the segment's service delivery model.

Humana HUM CenterWell — Benefits

Other segment segments

Insurance

$33.7B+26.3%

Similar metrics at other companies

ELVHealth Benefits — Benefit expense

$35.45B+3.1%

CVSPharmacy & Consumer Wellness — Health care costs

$0—

ZDHealth & Wellness — Salaries, benefits, and other employee expenses

$29.97M+16.9%

CVSHealth Care Benefits — Health care costs

$28.58B-0.2%

ELVHealth Benefits — Cost of products sold

$0—

ELVCarelon Services — Benefit expense

$6.09B+14.4%

Other financials

Income statement

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Revenue$39.6B+23.5%

Operating income$1.8B-12.9%

Net income$1.2B-4.7%

EPS (diluted)$9.83-4.6%

Balance sheet

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Cash & equivalents$5.0B+16.5%

Total debt$14.0B+5.2%

Total equity$18.6B+4.7%

Total assets$55.3B+8.5%

Cash flow

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Operating cash flow$1.3B+279%

CapEx$121.0M+27.4%

Free cash flow$1.1B+380%

Valuation

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Market cap$46.08B+65.7%

Enterprise value$55.13B+52.0%

P/E14.5×-1.8×

P/S0.3×+0.1×

Profitability

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Operating margin2.7%-1.7pp

Net margin3%-0.1pp

FCF margin4.2%—

Returns & leverage

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Return on equity18.2%+0.9pp

Debt / equity0.8×0.0×

Current ratio1.8×-0.1×

Where this comes from

Reported directly by Humana in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The official record: Humana’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Humana's centerwell — benefits?: Humana (HUM) reported centerwell — benefits of $0 in Q1 2026.
What does centerwell — benefits mean?: Costs directly associated with providing medical or pharmacy benefits to members within the CenterWell segment. This captures the direct medical expense component of the segment's service delivery model.