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Saturday 17 October 2026 Export ELV’s income statement to Excel — free account

Elevance Health, Inc.

ELV Healthcare Healthcare Plans

Elevance Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $199.1 billion, up 12.5% from fiscal 2024. In the quarter to June 2026, revenue grew 1.40%, EPS fell 13.1%, free cash flow fell 9.01% and total debt rose 4.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

428.26 0.17 −0.04%
Market cap
$92.9B
P/E
19.0×
Fwd P/E
20.3×
Dividend yield
1.60%
F-score
6/9
Altman Z
3.09
Beneish M
−2.26
Dividend safety
96/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Elevance Health, Inc. (ELV) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Elevance Health, Inc. (ELV) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.2× (November 2016) to 3.6× (October 2022); the current reading is higher than 40% of that period. That is below the Healthcare Plans industry median of 2.6× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.8× (13.56%)
FY2024 2.1× (28.02%)
FY2023 2.9× (13.60%)
FY2022 3.3× 6.06%
FY2021 3.1× 28.96%
FY2020 2.4× (0.27%)
FY2019 2.4× 2.41%
FY2018 2.4× 6.51%
FY2017 2.2× 48.63%
FY2016 1.5× (5.72%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.9× 27.58%
Mar 2026 1.5× (18.09%)
Dec 2025 1.8× 8.97%
Sep 2025 1.6× (18.06%)
42 more quarters

Against its own ten years

Low 1.2× High 3.6×
Ten-year median 2.2×
Current reading's percentile 34

P/B ratio against peers

Company P/B ratio
CVS CVS Health Corporation compare 1.5×
CNC Centene Corporation compare 1.5×
CI Cigna Group compare 1.9×
ELV Elevance Health, Inc. 2.1×
MOH Molina Healthcare, Inc compare 2.5×
HUM Humana Inc. compare 2.6×
UNH UnitedHealth Group Incorporated compare 3.5×
OSCR Oscar Health, Inc. compare 4.7×
CLOV Clover Health Investments, Corp. compare 6.2×
Healthcare Plans industry median 2.6×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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