Elevance Health Inc.

Elevance Health Inc.

ELV
Elevance Health Inc.US flagNew York Stock Exchange
393.44
USD
+11.21
- -
85.33BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
242.17
275.54
303.01
321.76
351.6
357.83
412.04
496.6
573.43
658.08
735.14
777.26
902.15
914.61
Basic EPS, GAAP
8.49
9.58
9.8
9.37
15.01
14.57
19.01
18.63
25.47
24.77
25.69
26.29
25.65
22.57
Free Cash Flow per Basic Share
8.2
9.9
13.68
10.18
13.25
10.18
19.71
39.39
30.1
30.45
29.03
20.01
14.38
28.6
Dividend per Share
1.53
1.79
2.51
2.59
2.75
3.01
3.23
3.89
4.57
5.16
5.99
6.63
6.93
6.85
Book Value per Share
47.11
52.28
56.58
62.8
70.51
77.67
89.26
97
112.05
124.6
136.23
147.49
160.36
166.8
Tangible Book Value per Share
-2.02
-2.94
-10.24
-1.61
-4.28
-3.77
10.1
8.57
5.31
6.86
16.37
4.64
20.31
25.92
Basic Weighted Avg Shares
293
268
261
264
256
257
253
245
242
238
233
227
221
220
Sales/Revenue/Turnover
71,024
73,874
79,156
84,863
90,040
92,105
104,213
121,867
138,639
156,595
171,340
176,810
199,125
201,113
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
909
851
908
912
891
1,132
1,133
1,154
1,302
1,675
1,745
1,393
1,546
1,513
Net Income, GAAP
2,490
2,570
2,560
2,470
3,843
3,750
4,807
4,572
6,158
5,894
5,987
5,980
5,662
4,963
Effective Tax Rate (%)
31.4
41.39
44.72
45.77
3.05
26.01
19.68
26.71
23.09
22.53
22.35
24.46
15.63
15.61
Profit Margin (%)
3.51
3.48
3.23
2.91
4.27
4.07
4.61
3.75
4.44
3.76
3.49
3.38
2.84
2.47
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
13,574
14,020
15,324
14,358
17,382
17,217
17,787
19,335
21,157
22,349
23,246
29,218
30,797
30,669
Total Equity
24,765
24,251
23,044
25,100
26,503
28,541
31,728
33,199
36,128
36,330
39,405
41,426
44,026
45,022
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.38
10.19
9.78
9.1
12.98
11.16
13.21
11.9
14.42
12.61
12.24
11.3
10.33
9.26
Return on Common Equity (%)
18.81
18.46
17.78
15.76
22.2
19.71
22.59
19.71
24.2
20.78
19.5
18.31
16.42
13.74

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,249
1,074
375
LT Borrowings
30,797
30,768
30,669
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
221
217
217
Market Capitalization
78,281
64,946
85,038

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
35,375
35,562
35,951
Accounts Receivable, Net
10,073
11,525
10,991
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
24,406
24,634
25,095
ST Debt
1,249
1,074
375
Deferred Revenue
1,493
1,759
1,640

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.73%
5.85%
6.28%
Free Cash Flow
6.82%
-18.95%
-30.27%
Net Income, GAAP
9.95%
5.31%
-5.32%
Sales/Revenue/Turnover
9.76%
10.39%
12.62%
Total Cash Common Dividend
8.94%
10.01%
1.39%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42,577
43,646
45,145
45,442
176,810
2025
48,891
49,776
50,711
49,747
199,125
2026
50,181
50,474
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.65
9.92
4.38
1.84
26.29
2025
9.67
7.75
5.35
2.48
25.65
2026
8.03
6.74
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.63
1.63
1.63
1.64
6.63
2025
1.71
1.71
1.72
1.71
6.93
2026
1.71
1.72
- -
- -
- -

Company Description

APIChatGPT
CEO
Gail Koziara Boudreaux
Full Time Employees
97,100
Sector
Healthcare
Industry
Medical - Healthcare Plans
Address
220 Virginia Avenue Indianapolis IN United States of America 46204
IPO Date
Oct 30, 2001
Business
Elevance Health Inc. (NYSE: ELV) operates as a leading health benefits company in the United States, providing a comprehensive portfolio of medical, dental, vision, pharmaceutical, behavioral health, long-term care, disability, and life insurance plans through affiliated brands including Anthem Blue Cross and Blue Shield in 14 states, Wellpoint Medicaid plans, Carelon services, Amerigroup, and others; it also delivers advanced healthcare solutions such as pharmacy benefit management via CarelonRx, clinical care coordination, digital health tools, primary care enablement, and whole-person care addressing social drivers of health. Headquartered in Indianapolis, Indiana, the company traces its origins to 1946 through predecessor entities like Anthem and WellPoint, which merged in 2004, and rebranded from Anthem Inc. to Elevance Health in June 2022 to reflect its focus on elevating health outcomes. Elevance Health serves approximately 47 million medical members nationwide, with operations spanning commercial employer-sponsored plans, individual coverage, Medicare Advantage, and Medicaid programs across multiple states including California, Florida, Georgia, Indiana, Kentucky, Missouri, New York, Ohio, Texas, and Puerto Rico via subsidiaries like MMM; it targets employers, individuals, families, government programs, and complex-needs populations through segments encompassing Health Benefits, CarelonRx, Carelon Services, and other corporate activities. The company has pursued aggressive expansion in specialty care and home-based services, including the 2024 acquisition of Paragon Healthcare for infusion therapies and CareBridge for home health management; it acquired Kroger Specialty Pharmacy in 2024 to bolster CarelonRx's infusion and mail-order capabilities, alongside earlier purchases of BioPlus Specialty Pharmacy and opening new dispensing centers. In April 2024, Elevance Health formed a strategic partnership with Clayton, Dubilier & Rice, integrating Carelon Health assets with apree health and Millennium Physician Group to innovate primary care delivery across U.S. regions. Recent initiatives encompass expanding behavioral health interventions and external partnerships under Carelon to manage medical costs, deepening AI integrations via a partnership with OpenAI announced in Q3 2025, scaling pharmacy home delivery and specialty services, enhancing Star ratings through member engagement, and broadening access to doula care and histotripsy treatments for liver tumors for over 45 million members; the company also rebranded Amerigroup to Wellpoint in 2024 and continues investing in digital automation and value-based care principles to drive long-term growth amid Medicaid dynamics.

Company News

APIChatGPT
  • Artisan Value Fund Q2 2026 Portfolio Update

  • Elevance Health Chairman Ramiro Peru Buys $336,000 of Shares. What Does This Mean for Investors Right Now?

  • Elevance Health Q2 Earnings Call Highlights

  • Elevance Health CEO Boudreaux Buys $1 Million in Shares. What Does This Mean For its 2026 Outlook?

  • Big Hospital Systems Are Dropping Medicare Advantage Plans Mid-Contract. Patients Find Out by Letter

  • These Analysts Revise Their Forecasts On Elevance Health Following Q2 Earnings

  • Elevance Health, Inc. (ELV) Q2 2026 Earnings Call Transcript

  • ELV Beats Q2 Earnings Estimates on Higher CarelonRx Product Revenues

  • Dow Jones Stays Calm While Memory Chips Give Investors Whiplash (Again)

  • Elevance Health Q2 Earnings Call Highlights

  • Compared to Estimates, Elevance Health (ELV) Q2 Earnings: A Look at Key Metrics

  • Elevance Health (ELV) Surpasses Q2 Earnings and Revenue Estimates

  • Elevance Health Profits Eclipse $1.4 Billion As Costs Ease Somewhat

  • Elevance Health Raises Earnings Outlook on Higher Sales

  • Elevance raises annual profit forecast on better medical cost management

  • Elevance Health Reports Second Quarter 2026 Results; Raises Full-Year Guidance

  • Will Health Benefits Weakness Drag Elevance's Q2 Earnings?

  • Eyes On Elevance Health, UnitedHealth For Continued Insurer Rebound

  • Elevance and UnitedHealth Earnings Are Next Test for Hot Health Insurer Stocks

  • Elevance Health: Defense For An Undervalued Price