Elevance Health, Inc. (ELV)

Elevance Health Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	143,059	142,854	133,229	117,373	104,109	94,173
Total Interest & Dividend Income	2,053	1,825	1,485	1,378	877	1,005
Other Revenue	28,903	26,661	21,885	19,892	16,882	9,034
Total Revenue	174,015	171,340	156,599	138,643	121,868	104,212
Revenue Growth (YoY)	3.20%	9.41%	12.95%	13.76%	16.94%	13.16%
Policy Benefits	125,401	124,330	116,642	102,571	88,045	81,786
Amortization of Goodwill & Intangibles	617	885	767	441	361	338
Selling, General & Administrative	37,383	36,236	30,696	26,604	25,202	15,356
Total Operating Expenses	163,401	161,451	148,105	129,616	113,608	97,480
Operating Income	10,614	9,889	8,494	9,027	8,260	6,732
Interest Expense	-1,104	-1,030	-855	-802	-785	-745
EBT Excluding Unusual Items	9,510	8,859	7,639	8,225	7,475	5,987
Merger & Restructuring Charges	-1,020	-752	-39	-202	-653	-
Asset Writedown	-392	-392	-	-7	-	-
Legal Settlements	-	-	-	-	-548	-
Other Unusual Items	-	-	-	-21	-36	-2
Pretax Income	8,299	7,715	7,600	7,995	6,238	5,985
Income Tax Expense	1,910	1,724	1,712	1,846	1,666	1,178
Earnings From Continuing Ops.	6,389	5,991	5,888	6,149	4,572	4,807
Net Income to Company	6,389	5,991	5,888	6,149	4,572	4,807
Minority Interest in Earnings	29	-4	6	9	-	-
Net Income	6,418	5,987	5,894	6,158	4,572	4,807
Net Income to Common	6,418	5,987	5,894	6,158	4,572	4,807
Net Income Growth	7.04%	1.58%	-4.29%	34.69%	-4.89%	28.19%
Shares Outstanding (Basic)	233	236	240	244	251	256
Shares Outstanding (Diluted)	234	237	243	247	254	260
Shares Change (YoY)	-1.98%	-2.22%	-1.62%	-2.95%	-2.31%	-1.48%
EPS (Basic)	27.57	25.38	24.56	25.26	18.23	18.81
EPS (Diluted)	27.42	25.22	24.28	24.95	17.98	18.47
EPS Growth	9.17%	3.87%	-2.69%	38.77%	-2.65%	30.16%
Free Cash Flow	871	6,765	7,247	7,277	9,667	4,984
Free Cash Flow Per Share	3.72	28.50	29.85	29.49	38.01	19.15
Dividend Per Share	6.370	5.920	5.120	4.520	3.800	3.200
Dividend Growth	11.36%	15.63%	13.27%	18.95%	18.75%	6.67%
Operating Margin	6.10%	5.77%	5.42%	6.51%	6.78%	6.46%
Profit Margin	3.69%	3.49%	3.76%	4.44%	3.75%	4.61%
Free Cash Flow Margin	0.50%	3.95%	4.63%	5.25%	7.93%	4.78%
EBITDA	11,348	10,949	9,570	9,844	9,002	7,415
EBITDA Margin	6.52%	6.39%	6.11%	7.10%	7.39%	7.12%
D&A For EBITDA	734	1,060	1,076	817	742	683
EBIT	10,614	9,889	8,494	9,027	8,260	6,732
EBIT Margin	6.10%	5.77%	5.42%	6.51%	6.78%	6.46%
Effective Tax Rate	23.01%	22.35%	22.53%	23.09%	26.71%	19.68%
Revenue as Reported	174,216	171,340	156,595	138,639	121,867	104,213

Source: S&P Capital IQ. Insurance template. Financial Sources.