Elevance Health, Inc. ELV

396.09 (2.16) (0.54%) as of 25 Sep
Market cap
$86.4B
P/E
17.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
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Elevance Health, Inc. (ELV) Price to free cash flow

As of 25 September 2026, Elevance Health, Inc. (ELV) trades at a price to free cash flow of 13.7×. Over the past ten years it has ranged from 6.2× (September 2020) to 159× (September 2024); the current reading is higher than 46% of that period. That is above the Healthcare Plans industry median of 11.1× and below the Healthcare sector median of 19.5×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 24.7× 31.75%
FY2024 18.8× 12.46%
FY2023 16.7× 0.40%
FY2022 16.6× 7.09%
FY2021 15.5× 86.43%
FY2020 8.3× (46.20%)
FY2019 15.5× (40.18%)
FY2018 25.9× 48.64%
FY2017 17.4× 24.20%
FY2016 14.0× 37.97%

Quarterly

Period Price to free cash flow Change
Jun 2026 13.3× 33.76%
Mar 2026 10.0× (59.68%)
Dec 2025 24.7× 29.16%
Sep 2025 19.2× 16.70%
42 more quarters

Against its own ten years

Low 6.2× High 159×
Ten-year median 14.2×
Current reading's percentile 46

Price to free cash flow against peers

Company Price to free cash flow
OSCR Oscar Health, Inc. compare 2.0×
CNC Centene Corporation compare 3.4×
CI Cigna Group compare 7.8×
CVS CVS Health Corporation compare 9.7×
ELV Elevance Health, Inc. 13.7×
UNH UnitedHealth Group Incorporated compare 14.4×
HUM Humana Inc. compare 24.2×
CLOV Clover Health Investments, Corp. compare 31.7×
MOH Molina Healthcare, Inc compare 36.0×
Healthcare Plans industry median 11.1×
Healthcare sector median 19.5×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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