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.

Revenue
+1.42%
EPS
+17.9%
Free cash flow
+29.0%
Total debt
−3.65%

Quarter to September 2026, against a year earlier

425.62 6.38 −1.48%
Market cap
$93.3B
P/E
18.2×
Fwd P/E
19.0×
Dividend yield
1.61%
F-score
6/9
Altman Z
3.09
Beneish M
−2.26
Dividend safety
96/100

Elevance Health, Inc. (ELV) Revenue growth

Alert me on Revenue growth

Elevance Health, Inc.'s revenue growth over the twelve months to 30 September 2026 was 3.60%, down 8.9 percentage points from fiscal 2025 (12.5%). Over the past ten years it has ranged from 2.29% (fiscal 2018) to 16.9% (fiscal 2020); the current reading is higher than 64% of that period. That is below the Healthcare Plans industry median of 6.77% and below the Healthcare sector median of 7.98%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 12.5% 9.18
FY2024 3.31% (6.11)
FY2023 9.42% (3.53)
FY2022 13.0% (0.81)
FY2021 13.8% (3.18)
FY2020 16.9% 3.79
FY2019 13.2% 10.86
FY2018 2.29% (3.81)
FY2017 6.10% (1.11)
FY2016 7.21% 0.06

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 1.42% 0.02
Jun 2026 1.40% (1.24)
Mar 2026 2.64% (6.83)
Dec 2025 9.47% (2.96)
43 more quarters

Against its own ten years

Low 2.29% High 16.9%
Ten-year median 9.42%
Current reading's percentile 64

Revenue growth against peers

Company Revenue growth
OSCR Oscar Health, Inc. compare 54.8%
HUM Humana Inc. compare 22.0%
CNC Centene Corporation compare 9.71%
CI Cigna Group compare 6.80%
CVS CVS Health Corporation compare 6.73%
PGNY Progyny, Inc. compare 5.52%
ELV Elevance Health, Inc. 3.60%
UNH UnitedHealth Group Incorporated compare 3.33%
MOH Molina Healthcare, Inc compare −0.95%
Healthcare Plans industry median 6.77%
Healthcare sector median 7.98%
Market median 7.71%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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