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) Return on equity

Alert me on Return on equity

Elevance Health, Inc.'s return on equity over the twelve months to 30 September 2026 was 11.6%, down 1.7 percentage points from fiscal 2025 (13.3%). Over the past ten years it has ranged from 10.3% (fiscal 2016) to 17.8% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Healthcare Plans industry median of 13.6% and above the Healthcare sector median of −26.0%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 13.3% (1.55)
FY2024 14.8% (1.01)
FY2023 15.8% (0.46)
FY2022 16.3% (1.50)
FY2021 17.8% 3.69
FY2020 14.1% (1.87)
FY2019 16.0% 2.32
FY2018 13.6% (1.26)
FY2017 14.9% 4.63
FY2016 10.3% (0.57)

Against its own ten years

Low 10.3% High 17.8%
Ten-year median 14.8%
Current reading's percentile 27

Return on equity against peers

Company Return on equity
OSCR Oscar Health, Inc. compare 52.6%
PGNY Progyny, Inc. compare 18.7%
UNH UnitedHealth Group Incorporated compare 15.4%
CVS CVS Health Corporation compare 14.4%
CI Cigna Group compare 14.0%
ELV Elevance Health, Inc. 11.6%
CNC Centene Corporation compare 6.74%
HUM Humana Inc. compare 6.65%
MOH Molina Healthcare, Inc compare −1.15%
Healthcare Plans industry median 13.6%
Healthcare sector median −26.0%
Market median 1.01%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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