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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
385.75
+0.02 (0.01%)
After-hours: Jul 28, 2026, 7:07 PM EDT

Elevance Health Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
49,82649,49449,31150,08749,42148,76544,98944,71943,22342,27342,45442,48043,37741,89839,66739,62538,48237,88636,01835,548
Revenue Growth
0.82%1.49%9.61%12.00%14.34%15.36%5.97%5.27%-0.36%0.90%7.03%7.21%12.72%10.59%10.13%11.47%15.63%18.03%14.22%15.98%
Gross Profit
7,3108,4165,7246,5677,4228,4705,4776,6777,8317,9026,2837,2267,4467,6315,8266,7676,6186,7725,4846,005
Operating Income
1,6531,9741451,1332,2783,0154931,2862,6032,9001,0671,5442,4072,5961,0122,0262,1802,2985,3491,923
Net Income
1,4631,7645471,1891,7432,1834181,0162,3002,2468561,2891,8531,9898651,6031,6371,7891,1911,509
Earnings Per Share
6.718.002.475.327.729.611.814.369.859.593.635.457.798.303.596.626.737.324.636.13
EPS Growth
-13.08%-16.75%36.46%22.02%-21.62%0.21%-50.14%-20.00%26.44%15.54%1.11%-17.67%15.75%13.39%-22.46%7.99%-7.17%9.09%111.42%604.60%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Health Benefits
42,72042,49041,83542,24641,58241,43137,58038,27837,15937,25836,54736,74438,00037,28034,99635,06534,39634,02731,81731,521
CarelonRx
11,25010,60011,64410,99710,64310,1169,9779,1438,7748,067----------
Carelon Services
7,9757,3657,0157,3247,4416,5364,7694,6384,5454,009----------
Corporate & Other
64-83149232165-1474122127181951129158211315273--
Revenue (Total)
49,82649,49449,31150,08749,42148,76544,98944,71943,22342,27342,45442,48043,37741,89839,66739,62538,48237,88636,01835,548

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
37,51437,07336,11536,21634,79233,65234,68137,93335,99136,26736,36938,89538,28438,17034,29235,90133,79334,04233,02833,957
Total Debt
31,04431,84232,04632,10230,18630,00331,23227,14827,68626,45125,12024,84425,12425,46624,11423,77223,58823,25523,03122,785
Net Cash (Debt)
6,4705,2314,0694,1144,6063,6493,44910,7858,3059,81611,24914,05113,16012,70410,17812,12910,20510,7879,99711,172
Net Cash Growth
40.47%43.35%17.98%-61.85%-44.54%-62.83%-69.34%-23.24%-36.89%-22.73%10.52%15.85%28.96%17.77%1.81%8.57%6.18%-24.45%-6.55%25.20%
Net Cash Per Share
29.6923.7318.3518.3920.4016.0614.9246.2735.5841.9147.7159.4155.3453.0042.2050.0841.9344.1440.7245.41

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
1,9134,332841,1352,0541,0177062,6774471,978-2,9712,6131,9506,469-1,5184,9242,4522,5411,6722,504
Capital Expenditures
-287-235-293-360-267-196-322-332-323-279-326-319-350-301-298-305-295-254-340-258
Free Cash Flow
1,6264,097-2097751,7878213842,3451241,699-3,2972,2941,6006,168-1,8164,6192,1572,2871,3322,246
Free Cash Flow Growth
-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%-

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
14.67%17.00%11.61%13.11%15.02%17.37%12.17%14.93%18.12%18.69%14.80%17.01%17.17%18.21%14.69%17.08%17.20%17.87%15.23%16.89%
Operating Margin
3.32%3.99%0.29%2.26%4.61%6.18%1.10%2.88%6.02%6.86%2.51%3.63%5.55%6.20%2.55%5.11%5.66%6.07%14.85%5.41%
Pretax Margin
3.89%4.66%0.44%2.81%4.64%5.74%1.35%3.07%6.91%6.95%2.36%3.89%5.63%6.25%2.63%5.37%5.51%6.09%4.08%5.61%
Profit Margin
2.92%3.56%1.11%2.37%3.53%4.48%0.92%2.25%5.32%5.32%1.96%3.06%4.28%4.78%2.21%4.03%4.25%4.70%3.27%4.23%
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%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
1.7201.7201.7101.7101.7101.7101.6301.6301.6301.6301.4801.4801.4801.4801.2801.2801.2801.2801.1301.130
Dividend Per Share Growth
0.58%0.58%4.91%4.91%4.91%4.91%10.13%10.13%10.13%10.13%15.63%15.63%15.63%15.63%13.27%13.27%13.27%13.27%18.95%18.95%
Dividend Yield
0.44%0.58%0.48%0.53%0.44%0.39%0.44%0.31%0.30%0.31%0.31%0.34%0.33%0.32%0.25%0.28%0.27%0.26%0.24%0.30%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
17.1912.4513.9113.2116.5516.9714.3718.9619.0019.6018.7017.3316.8918.2221.1317.9519.4519.3918.5816.73
Forward PE
14.7311.2813.0910.5210.9912.6011.2513.1214.1413.9713.1712.5513.2314.0216.1414.8916.2817.2516.7013.92
P/FCF Ratio
13.339.8724.3819.0516.3826.7218.44138.45153.2452.5216.2512.409.919.8016.8410.4414.4416.3115.409.55
PS Ratio
0.420.320.390.370.470.540.480.700.740.710.650.610.640.680.780.710.780.830.820.68