Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
385.73
+7.37 (1.95%)
At close: Jul 28, 2026, 4:00 PM EDT
385.50
-0.23 (-0.06%)
After-hours: Jul 28, 2026, 7:39 PM EDT
Elevance Health Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 1,454 | 1,760 | 546 | 1,187 | 1,744 | 2,184 | 413 | 1,008 | 2,301 | 2,249 | 831 | 1,300 | 1,856 | 2,004 | 877 | 1,598 | 1,634 | 1,779 | 1,179 | 1,502 |
Depreciation & Amortization | 366 | 354 | 605 | 387 | 380 | 373 | 398 | 329 | 335 | 331 | 424 | 426 | 433 | 462 | 473 | 451 | 393 | 358 | 360 | 351 |
Stock-Based Compensation | 75 | 55 | 30 | 84 | 81 | 81 | -29 | 66 | 92 | 62 | 72 | 78 | 78 | 61 | 73 | 69 | 72 | 50 | 59 | 63 |
Other Adjustments | -22 | -497 | -374 | 227 | 67 | 164 | -58 | -71 | -86 | 324 | 58 | 153 | 26 | -112 | 197 | 9 | 41 | -98 | -124 | 55 |
Change in Receivables | -657 | -1,174 | 756 | 815 | -923 | -3,174 | -193 | 851 | -1,059 | -282 | -1,035 | -428 | -270 | -29 | -1,832 | -16 | 686 | -1,348 | -387 | -119 |
Changes in Accounts Payable | 1,238 | 2,886 | -2,259 | -151 | 738 | 952 | -1,200 | 628 | 557 | -257 | -77 | 1,557 | 142 | 18 | 226 | -34 | 204 | 428 | -374 | 533 |
Changes in Income Taxes Payable | -156 | 644 | -284 | -616 | 246 | 357 | 173 | 57 | -407 | 581 | -360 | -134 | -448 | 839 | -297 | 118 | -727 | 568 | -28 | 62 |
Changes in Unearned Revenue | -119 | 266 | -338 | 270 | -79 | 132 | -505 | 312 | 8 | 72 | -2,930 | -126 | 64 | 3,282 | -2,590 | 2,730 | -239 | 57 | 195 | -128 |
Changes in Other Operating Activities | -263 | 38 | 2,455 | -1,068 | -200 | -52 | 1,725 | -663 | -1,100 | -1,102 | 721 | -661 | 69 | -56 | 1,366 | -32.5 | 388 | 747 | 699 | -252 |
Operating Cash Flow | 1,913 | 4,332 | 84 | 1,135 | 2,054 | 1,017 | 706 | 2,677 | 447 | 1,978 | -2,971 | 2,613 | 1,950 | 6,469 | -1,518 | 4,924 | 2,452 | 2,541 | 1,672 | 2,504 |
Operating Cash Flow Growth (YoY) | -6.87% | 325.96% | -88.10% | -57.60% | 359.51% | -48.58% | - | 2.45% | -77.08% | -69.42% | - | -46.93% | -20.47% | 154.59% | - | 96.65% | 45.69% | 1.44% | -56.15% | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -287 | -235 | -293 | -360 | -267 | -196 | -322 | -332 | -323 | -279 | -326 | -319 | -350 | -301 | -298 | -305 | -295 | -254 | -340 | -258 |
Purchases of Investments | -3,132 | -4,735 | -2,761 | -4,163 | -4,138 | -3,964 | -3,280 | -4,671 | -3,932 | -6,103 | 8,101 | -6,689 | -10,205 | -7,443 | -5,334 | -6,359 | -8,203 | -5,050 | -3,539 | -3,909 |
Proceeds from Sale of Investments | 3,408 | 3,646 | 3,242 | 3,422 | 3,857 | 4,574 | 5,480 | 4,472 | 3,187 | 5,433 | -8,825 | 6,366 | 9,973 | 6,022 | 5,600 | 5,521 | 7,231 | 4,256 | 2,886 | 3,136 |
Cash Acquisitions | 0 | 5 | 33 | 1 | 50 | 4 | -3,685 | 0 | -4 | -1,120 | 18 | 81 | -13 | -1,638 | -26 | -14 | -548 | -61 | -34 | 0 |
Proceeds from Business Divestments | - | - | - | - | - | - | -36 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Investing Activities | 170 | -323 | 119 | -124 | -189 | -315 | 205 | 130 | -145 | -241 | 105 | -126 | -77 | 176 | 347 | -90 | -209 | -469 | 61 | -409 |
Investing Cash Flow | 159 | -1,642 | 464 | -1,224 | -687 | 103 | -1,638 | -401 | -818 | -2,310 | -1,029 | -687 | -672 | -3,184 | 289 | -1,247 | -2,024 | -1,578 | -966 | -1,440 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Short-Term Debt Issued | 101 | 724 | 515 | 990 | - | - | 65 | - | - | 1,350 | 225 | - | - | 325 | 0 | 90 | - | - | 1,150 | 0 |
Short-Term Debt Repaid | -825 | -150 | -857.5 | -857.5 | 110 | -115 | - | -75 | - | - | 0 | - | - | - | 0 | 125 | 25 | 225 | -1,050 | -450 |
Net Short-Term Debt Issued (Repaid) | -724 | 574 | -342.5 | 132.5 | 110 | -115 | 65 | -75 | - | 1,350 | 225 | - | - | 325 | 0 | 215 | 25 | 225 | 100 | -450 |
Long-Term Debt Issued | - | - | -3 | - | - | - | 5,130 | 0 | - | - | 0 | 0 | 0 | 2,574 | 1,785 | -14 | 1,300 | - | 0 | 0 |
Long-Term Debt Repaid | 0 | -750 | 3 | -900 | 0 | -1,250 | -850 | -800 | - | - | -1 | 0 | 0 | -1,908 | -917 | -39 | -929 | -14 | -114 | -2 |
Net Long-Term Debt Issued (Repaid) | 0 | -750 | 0 | -900 | 0 | -1,250 | 4,280 | -800 | - | - | -1 | 0 | 0 | 666 | 868 | -53 | 371 | -14 | -114 | -2 |
Issuance of Common Stock | 26 | 37 | 58 | 0 | -2 | 23 | 16 | 48 | 60 | 97 | 40 | 31 | 38 | 43 | 30 | 36 | 40 | 76 | 42 | 20 |
Repurchase of Common Stock | -234 | -1,124 | -471 | -876 | -378 | -880 | -1,811 | -60 | -463 | -566 | -928 | -480 | -646 | -622 | -568 | -579 | -624 | -545 | -522 | -451 |
Net Common Stock Issued (Repurchased) | -208 | -1,087 | -413 | -876 | -380 | -857 | -1,795 | -12 | -403 | -469 | -888 | -449 | -608 | -579 | -538 | -543 | -584 | -469 | -480 | -431 |
Common Dividends Paid | -373 | -376 | -377 | -381 | -385 | -386 | -373 | -378 | -378 | -379 | -346 | -348 | -350 | -351 | -305 | -306 | -309 | -309 | -273 | -276 |
Other Financing Activities | -189 | -876 | 1,056 | -414 | 347 | 699 | -709 | 140 | 219 | -470 | 616 | 68 | -147 | -592 | 392 | -568 | 470 | 889 | -748 | 329 |
Financing Cash Flow | -1,494 | -2,515 | 236 | 243 | -308 | -1,909 | 1,408 | -915 | 668 | 32 | -394 | -994 | -1,430 | -531 | -258 | -1,255 | -127 | 322 | -1,315 | -830 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -3 | -9 | -6 | -1 | 1 | 1 | -8 | 7 | -5 | - | 1 | -4 | 1 | 1 | 2 | -6 | -6 | -4 | -1 | -2 |
Net Cash Flow | 575 | 166 | 778 | 153 | 1,060 | -788 | 468 | 1,368 | 292 | -300 | -4,393 | 928 | -151 | 2,755 | -1,485 | 2,416 | 295 | 1,281 | -610 | 232 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 1,626 | 4,097 | -209 | 775 | 1,787 | 821 | 384 | 2,345 | 124 | 1,699 | -3,297 | 2,294 | 1,600 | 6,168 | -1,816 | 4,619 | 2,157 | 2,287 | 1,332 | 2,246 |
Free Cash Flow Growth (YoY) | -9.01% | 399.03% | - | -66.95% | 1341.13% | -51.68% | - | 2.22% | -92.25% | -72.45% | - | -50.34% | -25.82% | 169.70% | - | 105.65% | 54.29% | -0.61% | -62.32% | - |
FCF Margin | 3.26% | 8.28% | -0.42% | 1.55% | 3.62% | 1.68% | 0.85% | 5.24% | 0.29% | 4.02% | -7.77% | 5.40% | 3.69% | 14.72% | -4.58% | 11.66% | 5.61% | 6.04% | 3.70% | 6.32% |
Free Cash Flow Per Share | 7.46 | 18.59 | -0.94 | 3.46 | 7.91 | 3.61 | 1.66 | 10.06 | 0.53 | 7.25 | -13.98 | 9.70 | 6.73 | 25.73 | -7.53 | 19.07 | 8.86 | 9.36 | 5.43 | 9.13 |
Levered Free Cash Flow | 1,518 | 5,541 | 90.5 | -1,117 | 2,671 | 2,384 | 5,032 | 472 | 1,370 | 2,942 | -1,468 | 2,032 | 1,763 | 7,224 | 612.5 | 4,693 | 1,757 | 3,904 | 1,689 | 1,365 |
Unlevered Free Cash Flow | 2,020 | 5,461 | 254.23 | -581.48 | 2,551 | 3,920 | 604.99 | 1,275 | 1,076 | 1,565 | -1,662 | 1,957 | 1,740 | 6,230 | -271.19 | 4,450 | 1,403 | 3,677 | 4,802 | 1,755 |