E

    Elevance Health Inc (ELV)

    Official site

    HEALTHCARE • HEALTHCARE PLANS • NYSE

    $392.62
    -1.81 (-0.46%)

    Market Cap: $85.13B

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(35/40)
    Avg Surprise
    +4.72%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$4.66
    Range$4.55 - $4.99
    19 analysts
    EPS Revisions
    3
    0
    7d
    3
    14
    30d
    EPS Estimate Drift
    90d ago$5.10+9.3%
    60d ago$5.10+9.3%
    30d ago$4.67+0.1%
    7d ago$4.66+0.0%
    Current$4.66
    Revenue Consensus
    $49.1B
    Range$48.4B - $50.2B
    11 analysts
    Period ending Dec 31, 2026
    EPS Consensus$5.47
    Range$5.31 - $6.56
    21 analysts
    Revenue Consensus
    $50.5B
    Range$46.9B - $53.3B
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$5.47---
    Sep 26EST
    -$4.66---
    Jun 26
    Reported Jul 15
    $7.45$6.18+20.55%Beat-15.7%
    Mar 26
    Reported Apr 22
    $12.58$10.81+16.37%Beat+5.1%
    Dec 25
    Reported Jan 28
    $3.33$3.09+7.77%Beat-13.3%
    Sep 25
    Reported Oct 21
    $6.03$4.94+22.06%Beat-28.0%
    Jun 25
    Reported Jul 17
    $8.84$8.92-0.90%Miss-12.6%
    Mar 25
    Reported Apr 22
    $11.97$11.48+4.27%Beat+12.5%
    Dec 24
    Reported Jan 23
    $3.84$3.85-0.26%Miss-31.7%
    Sep 24
    Reported Oct 17
    $8.37$9.65-13.26%Miss-6.9%
    Jun 24
    Reported Jul 17
    $10.12$10.01+1.10%Beat+11.9%
    Mar 24
    Reported Apr 18
    $10.64$10.53+1.04%Beat+12.5%
    Dec 23
    Reported Jan 24
    $5.62$5.59+0.54%Beat+7.5%
    Sep 23
    Reported Oct 18
    $8.99$8.46+6.26%Beat+19.4%
    Jun 23
    Reported Jul 19
    $9.04$8.78+2.96%Beat+12.4%
    Mar 23
    Reported Apr 19
    $9.46$9.28+1.94%Beat+14.7%
    Dec 22
    Reported Jan 25
    $5.23$5.19+0.77%Beat+1.8%
    Sep 22
    Reported Oct 19
    $7.53$7.15+5.31%Beat+10.9%
    Jun 22
    Reported Jul 20
    $8.04$7.74+3.88%Beat+14.4%
    Mar 22
    Reported Apr 20
    $8.25$7.83+5.36%Beat+17.7%
    Dec 21
    Reported Jan 26
    $5.14$5.12+0.39%Beat+102.4%
    Sep 21
    Reported Oct 20
    $6.79$6.37+6.59%Beat+61.7%
    Jun 21
    Reported Jul 21
    $7.03$6.34+10.88%Beat-23.6%
    Mar 21
    Reported Apr 21
    $7.01$6.47+8.35%Beat+8.2%
    Dec 20
    Reported Jan 27
    $2.54$2.53+0.40%Beat-34.5%
    Sep 20
    Reported Oct 28
    $4.20$4.18+0.48%Beat-13.8%
    Jun 20
    Reported Jul 29
    $9.20$8.58+7.23%Beat+98.3%
    Mar 20
    Reported Apr 29
    $6.48$6.44+0.62%Beat+7.5%
    Dec 19
    Reported Jan 29
    $3.88$3.89-0.26%Miss+59.0%
    Sep 19
    Reported Oct 23
    $4.87$4.82+1.04%Beat+27.8%
    Jun 19
    Reported Jul 24
    $4.64$4.62+0.43%Beat+9.2%
    Mar 19
    Reported Apr 24
    $6.03$5.90+2.20%Beat+11.5%
    Dec 18
    Reported Jan 30
    $2.44$2.20+10.91%Beat+89.1%
    Sep 18
    Reported Oct 31
    $3.81$3.70+2.97%Beat+43.8%
    Jun 18
    Reported Jul 25
    $4.25$4.18+1.67%Beat+26.1%
    Mar 18
    Reported Apr 25
    $5.41$4.89+10.63%Beat+15.6%
    Dec 17
    Reported Jan 31
    $1.29$1.27+1.57%Beat-26.7%
    Sep 17
    Reported Oct 25
    $2.65$2.40+10.42%Beat+8.2%
    Jun 17
    Reported Jul 26
    $3.37$3.24+4.01%Beat-
    Mar 17
    Reported Apr 26
    $4.68$3.81+22.83%Beat-
    Dec 16
    Reported Feb 1
    $1.76$1.76+0.00%Beat-
    Sep 16
    Reported Nov 2
    $2.45$2.46-0.41%Miss-

    Dividends

    Dividend Metrics

    Yield1.75%
    Annual/Share$6.86
    Payout Ratio19.93%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+10.14%
    5Y CAGR+12.47%
    View ELV's full dividend history

    Key Metrics

    Valuation
    P/E Ratio13.36EV/EBITDAN/A
    Price/FCF13.54xFCF Yield7.39%
    Profitability
    Profit Margin2.47%Operating Margin4.56%
    ROE11.10%ROIC8.11%
    Financial Health
    Debt/Equity0.69xInterest Coverage5.08x
    Current Ratio1.52xQuick Ratio1.52x
    Trading Statistics
    Beta0.69Avg Volume889.70K
    52-Week High$436.2452-Week Low$272.05

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$398.37
    SMA 20$395.73
    SMA 50$394.89
    SMA 200$355.70
    EMA 10$396.86
    EMA 20$395.62
    EMA 50$392.12
    EMA 200$366.96

    MACD

    Line: 1.60Signal: 1.79Hist: -0.19

    ADX

    ADX: 9.0+DI: 20.8-DI: 21.2

    Aroon & PSAR

    Aroon Up88.0
    Aroon Down4.0
    PSAR$409.36

    Bollinger Bands

    Upper Band$407.16
    Lower Band$384.29
    %B Position578%(Upper)
    Band Width0.36

    RSI (14-Day)

    Neutral
    48.0

    Momentum Oscillators

    Stoch %K39.1
    Stoch %D51.0
    Williams %R-72.3
    ROC (10d)0.6%
    Momentum2.38
    CCI (20d)-42.5
    MFI (14d)51.2

    Volatility Measures

    ATR (14d)$9.64(2.5%)
    StdDev (20d)5.72
    Hist Vol23.0%(Moderate)

    Volume Flow

    VWAP$392.88
    OBV26.7M
    AD Line-715.2M
    CMF (20d)-0.068

    Volume Metrics

    Avg Vol (20d)877.2K
    Vol Ratio1.2x
    VWMA (20d)$394.83

    Pivot Points

    R3$409.01
    R2$406.08
    R1$400.26
    Pivot Point$397.33
    S1$391.50
    S2$388.57
    S3$382.75

    Advanced Oscillators

    TSI4.37
    Ultimate Osc39.8
    KST16.24

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$50.47B$50.18B$49.75B$50.71B$49.78B$48.89B$45.44B$45.15B$43.65B$42.58B$42.65B$42.85B
    Cost of Revenue$42.52B$41.08B$43.59B$43.52B$42.00B$40.30B$54.27B$43.31B$35.39B$34.37B$31.35B$35.25B
    Gross Profit$7.96B$9.10B$6.16B$7.19B$7.78B$8.60B$-8,826,000,000$1.83B$8.25B$8.21B$11.29B$7.59B
    Operating Expenses$5.66B$6.44B$5.58B$5.43B$5.14B$5.46B$-9,772,000,000$122.00M$5.23B$5.00B$10.03B$5.68B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$5.55B$6.33B$5.42B$5.27B$5.00B$5.30B$0$0$5.07B$4.89B$0$5.47B
    Operating Income$2.30B$2.66B$581.00M$1.76B$2.63B$3.14B$946.00M$1.71B$3.03B$3.20B$1.26B$1.91B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$364.00M$357.00M$366.00M$351.00M$341.00M$344.00M$340.00M$300.00M$280.00M$265.00M$259.00M$259.00M
    Income Before Tax$1.94B$2.30B$215.00M$1.41B$2.29B$2.80B$606.00M$1.37B$2.99B$2.94B$1.00B$1.65B
    Income Tax Expense$483.00M$544.00M$-331,000,000$219.00M$548.00M$613.00M$193.00M$365.00M$685.00M$690.00M$170.00M$354.00M
    Net Income$1.45B$1.76B$546.00M$1.19B$1.74B$2.18B$413.00M$1.01B$2.30B$2.25B$831.00M$1.30B
    EBITDA$2.67B$3.02B$987.00M$2.14B$3.01B$3.51B$1.34B$2.00B$3.60B$3.54B$1.68B$2.34B
    EBIT$2.30B$2.66B$581.00M$1.76B$2.63B$3.14B$946.00M$1.67B$3.27B$3.20B$1.26B$1.91B
    * Some calculated fields are derived from available data when not provided by source

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    Monday Jan 27th was "The Monday night massacre" when Medicare announced a 0.7% increase in reimbursement rates for 2026. 5% to 6% was the consensus and health insurance companies fell between 8% and 20% in overnight trading. Only Humana has continued to decline (-26% so far) but Morningstar (and I) agree that even a one year change in reimbursment shouldn't significantly change any fair value PEs or long-term growth rates. UNH and CVS are trading near historical fair value, with UNH offering the best long-term growth potential (3% yield and about 20% CAGR returns over 5 years). ELV is trading at a modest historical discount with management guiding for strong growth despite this Medicare headwind. HUM is trading at 11X earnings, a nearly 50% historical discount with up to 5X return potential in the next 4 to 5 years (Morningstar is even more optimistic). Just remember that the biggest risk is that health insurance inflation (about 300% over 20 years) is becoming a hot button topic for both political parties, so political headline risk like this might become more common. For the medium-term (3 to 5 years) the health insurance industry is likely to see double-digit EPS growth.

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    Government Contracts

    Gov Obligations (TTM)
    $209.42M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    -29.8%
    Active Awards
    8
    New Awards (TTM)
    0
    Avg Remaining Term
    8.3 mo

    Top agency: Department of Health and Human Services at 100.0% of trailing twelve month obligations across 1 agencies

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Frequently Asked Questions About ELV

    What is ELV's current dividend yield?
    Elevance Health Inc (ELV) has a current dividend yield of 1.75%.
    Does ELV pay dividends?
    Yes, Elevance Health Inc pays dividends with a current yield of 1.75%.
    What is ELV's P/E ratio?
    Elevance Health Inc has a price-to-earnings (P/E) ratio of 13.36.
    What is ELV's market cap?
    Elevance Health Inc (ELV) has a market capitalization of $85.13B with a current stock price of $392.62.

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