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

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

Alert me on P/E ratio

As of 16 October 2026, Elevance Health, Inc. (ELV) trades at a P/E ratio of 19.0×. Over the past ten years it has ranged from 9.5× (March 2020) to 23.4× (July 2021); the current reading is higher than 80% of that period. That is below the Healthcare Plans industry median of 25.0× and below the Healthcare sector median of 23.0×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 14.0× (3.12%)
FY2024 14.4× (24.28%)
FY2023 19.0× (6.09%)
FY2022 20.3× 8.03%
FY2021 18.8× 4.59%
FY2020 17.9× 9.46%
FY2019 16.4× (11.44%)
FY2018 18.5× 17.52%
FY2017 15.7× 1.19%
FY2016 15.6× 4.06%

Quarterly newest first

Period P/E ratio Change
Jun 2026 17.2× 38.03%
Mar 2026 12.5× (10.77%)
Dec 2025 14.0× 5.64%
Sep 2025 13.2× (20.19%)
42 more quarters

Against its own ten years

Low 9.5× High 23.4×
Ten-year median 16.9×
Current reading's percentile 78

P/E ratio against peers

Company P/E ratio
CNC Centene Corporation compare n/m
MOH Molina Healthcare, Inc compare n/m
CLOV Clover Health Investments, Corp. compare n/m
CI Cigna Group compare 12.5×
OSCR Oscar Health, Inc. compare 18.6×
ELV Elevance Health, Inc. 19.0×
CVS CVS Health Corporation compare 24.1×
UNH UnitedHealth Group Incorporated compare 25.8×
HUM Humana Inc. compare 38.8×
Healthcare Plans industry median 25.0×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on ELV