Elevance Health Statistics
Total Valuation
ELV has a market cap or net worth of $124.05 billion. The enterprise value is $114.23 billion.
| Market Cap | 124.05B |
| Enterprise Value | 114.23B |
Important Dates
The last earnings date was Thursday, April 18, 2024, before market open.
| Earnings Date | Apr 18, 2024 |
| Ex-Dividend Date | Jun 10, 2024 |
Share Statistics
ELV has 232.42 million shares outstanding. The number of shares has decreased by -2.02% in one year.
| Shares Outstanding | 232.42M |
| Shares Change (YoY) | -2.02% |
| Shares Change (QoQ) | -0.97% |
| Owned by Insiders (%) | 0.21% |
| Owned by Institutions (%) | 92.26% |
| Float | 231.79M |
Valuation Ratios
The trailing PE ratio is 20.15 and the forward PE ratio is 13.82. ELV's PEG ratio is 1.14.
| PE Ratio | 20.15 |
| Forward PE | 13.82 |
| PS Ratio | 0.72 |
| Forward PS | 0.71 |
| PB Ratio | 3.05 |
| P/FCF Ratio | 54.03 |
| PEG Ratio | 1.14 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.67, with an EV/FCF ratio of 49.75.
| EV / Earnings | 18.29 |
| EV / Sales | 0.67 |
| EV / EBITDA | 10.67 |
| EV / EBIT | 12.57 |
| EV / FCF | 49.75 |
Financial Position
The company has a current ratio of 1.38, with a Debt / Equity ratio of 0.65.
| Current Ratio | 1.38 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 2.47 |
| Debt / FCF | 11.52 |
| Interest Coverage | 8.70 |
Financial Efficiency
Return on equity (ROE) is 16.00% and return on invested capital (ROIC) is 10.51%.
| Return on Equity (ROE) | 16.00% |
| Return on Assets (ROA) | 5.70% |
| Return on Capital (ROIC) | 10.51% |
| Revenue Per Employee | $1.64M |
| Profits Per Employee | $59,523 |
| Employee Count | 104,900 |
| Asset Turnover | 1.56 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ELV has paid $1.80 billion in taxes.
| Income Tax | 1.80B |
| Effective Tax Rate | 22.37% |
Stock Price Statistics
The stock price has increased by +15.30% in the last 52 weeks. The beta is 0.81, so ELV's price volatility has been lower than the market average.
| Beta (1Y) | 0.81 |
| 52-Week Price Change | +15.30% |
| 50-Day Moving Average | 510.37 |
| 200-Day Moving Average | 475.43 |
| Relative Strength Index (RSI) | 66.50 |
| Average Volume (30 Days) | 1,010,245 |
Short Selling Information
The latest short interest is 2.09 million, so 0.90% of the outstanding shares have been sold short.
| Short Interest | 2.09M |
| Short Previous Month | 1.71M |
| Short % of Shares Out | 0.90% |
| Short % of Float | 0.90% |
| Short Ratio (days to cover) | 2.22 |
Income Statement
In the last 12 months, ELV had revenue of $171.75 billion and earned $6.24 billion in profits. Earnings per share was $26.49.
| Revenue | 171.75B |
| Gross Profit | 30.02B |
| Operating Income | 9.08B |
| Pretax Income | 8.04B |
| Net Income | 6.24B |
| EBITDA | 10.70B |
| EBIT | 9.09B |
| Earnings Per Share (EPS) | $26.49 |
Balance Sheet
The company has $36.27 billion in cash and $26.45 billion in debt, giving a net cash position of $9.82 billion or $42.23 per share.
| Cash & Cash Equivalents | 36.27B |
| Total Debt | 26.45B |
| Net Cash | 9.82B |
| Net Cash Per Share | $42.23 |
| Equity / Book Value | 40.61B |
| Book Value Per Share | 174.72 |
| Working Capital | 16.61B |
Cash Flow
In the last 12 months, operating cash flow was $3.57 billion and capital expenditures -$1.27 billion, giving a free cash flow of $2.30 billion.
| Operating Cash Flow | 3.57B |
| Capital Expenditures | -1.27B |
| Free Cash Flow | 2.30B |
| FCF Per Share | $9.87 |
Margins
Gross margin is 17.48%, with operating and profit margins of 5.29% and 3.64%.
| Gross Margin | 17.48% |
| Operating Margin | 5.29% |
| Pretax Margin | 4.68% |
| Profit Margin | 3.64% |
| EBITDA Margin | 6.23% |
| EBIT Margin | 5.29% |
| FCF Margin | 1.34% |
Dividends & Yields
This stock pays an annual dividend of $6.52, which amounts to a dividend yield of 1.22%.
| Dividend Per Share | $6.52 |
| Dividend Yield | 1.22% |
| Dividend Growth (YoY) | 12.68% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 24.61% |
| Buyback Yield | 2.02% |
| Shareholder Yield | 3.24% |
| Earnings Yield | 5.03% |
| FCF Yield | 1.85% |
Analyst Forecast
The average price target for ELV is $584.57, which is 9.53% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $584.57 |
| Price Target Difference | 9.53% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 18.55% |
Stock Splits
The last stock split was on June 1, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 1, 2005 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
ELV has an Altman Z-Score of 3.44 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.44 |
| Piotroski F-Score | 7 |