Elevance Health, Inc.
Elevance Health, Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 10,232 | 9,657 | 9,491 | 8,713 | 8,560 | 7,500 | 8,288 | 7,866 | 6,497 | 6,226 | 6,526 | 10,919 | |||||
Available For Sale Securities Debt Securities Curr… | 25,719 | 25,905 | 25,884 | 26,283 | 25,298 | 25,437 | 25,201 | 28,954 | 28,900 | 29,530 | 29,614 | 27,811 | |||||
Equity Securities Fv Ni | 1,563 | 1,511 | 740 | 1,220 | 934 | 715 | 1,192 | 1,113 | 594 | 511 | 229 | 165 | |||||
Premiums Receivable At Carrying Value | 10,991 | 11,525 | 10,073 | 9,535 | 10,465 | 10,359 | 8,011 | 7,209 | 8,040 | 8,931 | 7,902 | 7,883 | |||||
Assets Current | |||||||||||||||||
Assets Current | 67,184 | 67,032 | 63,001 | 63,778 | 63,324 | 61,121 | 58,942 | 62,846 | 62,274 | 60,948 | 60,029 | 61,185 | |||||
Other Receivables | 6,818 | 6,167 | 6,307 | 7,692 | 7,206 | 6,576 | 6,016 | 6,055 | 5,881 | 5,120 | 5,405 | 5,293 | |||||
Other Assets Current | 6,278 | 7,169 | 5,344 | 5,213 | 5,407 | 5,288 | 4,700 | 5,949 | 6,464 | 6,388 | 5,795 | 5,358 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | - | - | 0 | 0 | 0 | 0 | 490 | 565 | 601 | - | 0 | - | |||||
Long Term Investments | |||||||||||||||||
Available For Sale Securities Debt Securities Nonc… | 1,259 | 1,114 | 1,121 | 1,111 | 1,087 | 1,060 | 1,035 | 893 | 849 | 880 | 876 | 816 | |||||
Other Long Term Investments | 11,130 | 11,009 | 10,839 | 10,648 | 10,466 | 10,167 | 9,749 | 9,394 | 6,810 | 6,713 | 6,107 | 6,118 | |||||
Property Plant And Equipment Net | 4,645 | 4,657 | 4,679 | 4,657 | 4,641 | 4,617 | 4,652 | 4,505 | 4,450 | 4,451 | 4,359 | 4,248 | |||||
Goodwill | 28,339 | 28,340 | 28,344 | 28,451 | 28,368 | 28,420 | 28,277 | 25,967 | 25,962 | 25,947 | 25,317 | 25,291 | |||||
Intangible Assets Net Excluding Goodwill | 10,983 | 11,093 | 11,200 | 11,327 | 11,490 | 11,940 | 12,094 | 10,325 | 10,447 | 10,710 | 10,273 | 10,491 | |||||
Other Assets Noncurrent | 2,898 | 2,582 | 2,310 | 2,777 | 2,562 | 2,392 | 2,140 | 2,603 | 2,196 | 2,245 | 1,967 | 2,329 | |||||
Assets | 126,438 | 125,827 | 121,494 | 122,749 | 121,938 | 119,717 | 116,889 | 116,533 | 112,988 | 111,894 | 108,928 | 110,478 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Liability For Claims And Claims Adjustment Expense | 18,463 | 18,425 | 17,084 | 17,148 | 17,155 | 16,812 | 15,746 | 15,346 | 15,204 | 16,459 | 16,111 | 16,176 | |||||
Other Policyholder Funds | 3,463 | 3,857 | 3,632 | 2,447 | 3,540 | 3,796 | 4,204 | 4,402 | 4,939 | 5,298 | 5,600 | 5,681 | |||||
Unearned Premiums | 1,640 | 1,759 | 1,493 | 1,831 | 1,561 | 1,640 | 1,508 | 1,793 | 1,481 | 1,474 | 1,402 | 4,332 | |||||
Accounts Payable And Accrued Liabilities Current | 6,632 | 6,209 | 7,322 | 6,085 | 7,278 | 7,131 | 6,927 | 6,255 | 5,760 | 5,658 | 6,910 | 5,983 | |||||
Short Term Borrowings | 0 | 724 | 150 | 180 | 360 | 250 | 365 | 360 | 225 | 1,575 | 225 | 0 | |||||
Long Term Debt Current | 375 | 350 | 1,099 | 749 | 1,648 | 1,643 | 1,649 | 2,100 | 2,900 | 2,900 | 1,649 | 799 | |||||
Other Liabilities Current | 13,681 | 13,985 | 10,255 | 12,438 | 12,292 | 11,426 | 10,029 | 11,614 | 11,139 | 10,970 | 9,894 | 10,366 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | 0 | 0 | 0 | 0 | 153 | 163 | 165 | - | 0 | - | |||||
Liabilities Current | 44,254 | 45,309 | 41,035 | 40,878 | 43,834 | 42,698 | 40,581 | 42,033 | 41,813 | 44,334 | 41,791 | 43,337 | |||||
Long Term Debt Noncurrent | 30,669 | 30,768 | 30,797 | 31,173 | 28,178 | 28,110 | 29,218 | 24,688 | 24,561 | 21,976 | 23,246 | 24,045 | |||||
Liability For Future Policy Benefits | - | - | 145 | 164 | 163 | 174 | 190 | 248 | 295 | 765 | 778 | 807 | |||||
Deferred Income Tax Liabilities Net | 2,206 | 1,786 | 2,110 | 2,315 | 2,008 | 2,121 | 2,148 | 2,092 | 2,037 | 2,201 | 1,970 | 1,779 | |||||
Other Liabilities Noncurrent | 4,287 | 3,922 | 3,381 | 4,137 | 3,904 | 3,994 | 3,326 | 3,593 | 1,985 | 1,908 | 1,738 | 1,971 | |||||
Liabilities | 81,416 | 81,785 | 77,468 | 78,667 | 78,087 | 77,097 | 75,463 | 72,654 | 70,691 | 71,184 | 69,523 | 71,939 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Stockholders Equity | |||||||||||||||||
Additional Paid In Capital | 8,917 | 8,845 | 8,938 | 8,908 | 8,931 | 8,866 | 8,911 | 9,105 | 9,001 | 8,883 | 8,868 | 8,830 | |||||
Stockholders Equity | 45,022 | 43,902 | 43,882 | 43,953 | 43,722 | 42,620 | 41,426 | 43,879 | 42,191 | 40,608 | 39,306 | 38,423 | |||||
Retained Earnings Accumulated Deficit | 36,675 | 35,796 | 35,393 | 35,586 | 35,549 | 34,546 | 33,549 | 35,157 | 34,575 | 33,088 | 31,749 | 32,103 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -711 | -741 | -451 | -543 | -760 | -911 | -1,147 | -489 | -1,387 | -1,365 | -1,313 | -2,512 | |||||
Minority Interest | 139 | 140 | 144 | 129 | 129 | 117 | 111 | 104 | 106 | 102 | 99 | 116 | |||||
Liabilities And Stockholders Equity | 126,438 | 125,827 | 121,494 | 122,749 | 121,938 | 119,717 | 116,889 | 116,533 | 112,988 | 111,894 | 108,928 | 110,478 | |||||
Debt Securities Available For Sale Amortized Cost … | 25,962 | 26,177 | 25,773 | 26,200 | 25,491 | 25,813 | 25,879 | 28,739 | 29,834 | 30,427 | 30,446 | 30,139 | |||||
Debt Securities Available For Sale Allowance For C… | 55 | 55 | 21 | 13 | 15 | 7 | 6 | 2 | 4 | 4 | 4 | 3 | |||||
Debt Securities Available For Sale Amortized Cost … | 1,263 | 1,121 | 1,116 | 1,110 | 1,099 | 1,070 | 1,049 | 883 | 867 | 902 | 890 | 874 | |||||
Debt Securities Available For Sale Allowance For C… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | |||||
Common Stock Shares Issued | 217 | 217 | 221 | 222 | 225 | 226 | 227 | 232 | 232 | 233 | 233 | 235 | |||||
Shares Outstanding | 217 | 217 | 221 | 222 | 225 | 226 | 227 | 232 | 232 | 233 | 233 | 235 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 19.65% | 23.62% | 27.34% | 0.99% | - | - | - | - | - | - | - | - |
| 2025 | -3.03% | -7.13% | -17.73% | -2.80% | 3.70% | 16.52% | -6.84% | 3.19% | 7.15% | -5.60% | -14.99% | 2.33% |
| 2024 | 2.66% | 2.62% | 1.28% | 2.14% | 4.03% | -5.26% | -4.89% | -13.65% | -16.04% | 8.25% | 13.10% | 4.04% |
| 2023 | - | - | - | 2.34% | -2.80% | -2.54% | -2.36% | 2.16% | 2.60% | 1.05% | -2.02% | 6.19% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.52 | 1.48 | 1.54 | 1.56 | 1.44 | 1.43 | 1.45 | 1.50 | 1.49 | 1.37 | 1.44 | 1.41 | |||||
| Quick Ratio | 1.52 | 1.48 | 1.54 | 1.56 | 1.44 | 1.43 | 1.45 | 1.50 | 1.49 | 1.37 | 1.44 | 1.41 | |||||
| Working Capital | 22.93B | 21.72B | 21.97B | 22.90B | 19.49B | 18.42B | 18.36B | 20.81B | 20.46B | 16.61B | 18.24B | 17.85B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.81 | 1.86 | 1.76 | 1.78 | 1.78 | 1.81 | 1.82 | 1.66 | 1.67 | 1.75 | 1.77 | 1.87 | |||||
| Interest Coverage TTM | 5.08 | 5.39 | 5.79 | 6.16 | 6.34 | 7.14 | 7.67 | 8.55 | 9.08 | 8.71 | 8.49 | 8.73 | |||||
| Debt Ratio | 0.64 | 0.65 | 0.64 | 0.64 | 0.64 | 0.64 | 0.65 | 0.62 | 0.63 | 0.64 | 0.64 | 0.65 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.62 | 1.27 | 1.67 | 2.23 | 1.89 | 1.91 | 1.57 | 1.18 | 1.54 | 1.90 | 1.97 | 1.22 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 22.71 | 23.77 | 25.20 | 24.68 | 23.70 | 26.00 | 25.64 | 27.55 | 28.68 | 26.68 | 25.24 | 25.41 | |||||
| Free Cash Flow Per Share TTM | 28.98 | 29.34 | 14.17 | 16.87 | 23.70 | 16.23 | 19.65 | 3.76 | 36.99 | 43.25 | 61.61 | 68.06 | |||||
| Dividend Per Share TTM | 6.94 | 6.91 | 6.83 | 6.83 | 6.76 | 6.69 | 6.51 | 6.39 | 6.25 | 6.12 | 5.91 | 5.75 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 89.12% | 86.16% | 89.36% | 91.88% | 90.37% | 90.56% | 88.84% | 86.18% | 89.42% | 91.58% | 91.73% | 87.66% | |||||
| Operating Profit Margin TTM | 2.92% | 3.97% | 3.37% | 2.66% | 3.19% | 3.51% | 4.47% | 6.18% | 5.01% | 3.84% | 3.69% | 5.95% | |||||
| Net Profit Margin TTM | 2.46% | 3.35% | 2.84% | 2.07% | 2.41% | 2.67% | 3.37% | 4.78% | 3.91% | 2.98% | 2.87% | 4.61% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -9.47% | -29.33% | 12.49% | 98.49% | 29.51% | 5.69% | -15.31% | 3.00% | 34.32% | 70.98% | 33.47% | -14.86% | |||||
| Net Income Growth (1Y) | -7.51% | -11.34% | -5.19% | -14.01% | -20.07% | -5.44% | -0.33% | 6.87% | 5.88% | 2.36% | 1.65% | -2.20% | |||||
| EPS Growth (1Y) | -4.02% | -8.68% | -1.93% | -10.70% | -17.59% | -2.81% | 1.47% | 8.44% | 7.89% | 4.47% | 3.41% | -0.41% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 16.96 | 12.23 | 13.73 | 12.87 | 16.03 | 16.25 | 13.90 | 18.16 | 18.12 | 18.56 | 17.79 | 16.29 | |||||
| P/B TTM | 1.86 | 1.46 | 1.77 | 1.61 | 1.96 | 2.25 | 2.00 | 2.66 | 2.87 | 2.85 | 2.71 | 2.55 | |||||
| P/S TTM | 0.42 | 0.41 | 0.39 | 0.27 | 0.39 | 0.43 | 0.47 | 0.87 | 0.71 | 0.55 | 0.51 | 0.75 | |||||
| Market Cap | 83.92B | 64.09B | 77.73B | 71.05B | 85.79B | 96.03B | 83.00B | 116.62B | 121.32B | 115.99B | 106.59B | 97.87B | |||||
| Enterprise Value | 104.73B | 86.27B | 100.28B | 94.44B | 107.42B | 118.53B | 105.94B | 135.90B | 142.50B | 136.22B | 125.18B | 111.79B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 6.29B | 6.45B | 3.17B | 3.77B | 5.34B | 3.67B | 4.55B | 871.00M | 8.59B | 10.06B | 14.53B | 16.01B | |||||
| Net Debt | 20.81B | 22.19B | 22.56B | 23.39B | 21.63B | 22.50B | 22.94B | 19.28B | 21.19B | 20.23B | 18.59B | 13.93B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Elevance Health, Inc. (ELV) — SEC Financial Statements & Analysis
Elevance Health, Inc. (ELV) is a hospital & medical service plans company, incorporated in IN. Elevance Health, Inc. trades on NYSE as: ELV. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Elevance Health, Inc. reported a -9.47% year-over-year revenue growth, a Gross Profit Margin of 89.12% (TTM), a Debt-to-Equity ratio of 1.81x, a Price-to-Sales (P/S) ratio of 0.42x (TTM), a Price-to-Book (P/B) ratio of 1.86x (TTM), at a market cap of $83.92B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -9.47%
- Gross Profit Margin TTM
- 89.12%
- Debt To Equity
- 1.81x
- P/S TTM
- 0.42x
- P/B TTM
- 1.86x
- Market Cap
- $83.92B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Elevance Health, Inc. in?
Elevance Health, Inc. (ELV) operates in the Hospital & Medical Service Plans industry.
What is ELV's market cap?
Elevance Health, Inc. (ELV) has a market capitalization of $83.92B as of 2026-06-30.
What is ELV's P/E ratio?
Elevance Health, Inc. (ELV)'s trailing twelve month P/E ratio is 16.96x as of 2026-06-30.
What exchange does ELV trade on?
Elevance Health, Inc. (ELV) trades on the NYSE.
Where is Elevance Health, Inc. incorporated?
Elevance Health, Inc. is incorporated in IN.