Non-Current Assets

PP&E (Net)

Elevance Health PP&E (Net) decreased by 0.5% to $4.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $4.62B to $4.66B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 6.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.73B$3.84B$3.92B$3.99B$4.09B$4.20B$4.32B$4.42B$4.55B$4.25B$4.36B$4.45B$4.45B$4.51B$4.65B$4.62B$4.64B$4.66B$4.68B$4.66B
QoQ Change+2.7%+2.2%+1.7%+2.6%+2.6%+2.8%+2.4%+2.9%-6.6%+2.6%+2.1%-0.0%+1.2%+3.3%-0.8%+0.5%+0.3%+0.5%-0.5%
YoY Change+9.6%+9.4%+10.1%+10.8%+11.2%+1.2%+1.0%+0.7%-2.1%+6.0%+6.7%+3.7%+4.3%+3.4%+0.6%+0.9%
Range$3.73B$4.68B
CAGR+4.8%
Avg YoY Growth+4.8%
Median YoY Growth+4.0%

Frequently Asked Questions

What is Elevance Health's pp&e (net)?
Elevance Health (ELV) reported pp&e (net) of $4.66B in Q1 2026.
How has Elevance Health's pp&e (net) changed year-over-year?
Elevance Health's pp&e (net) increased by 0.9% year-over-year, from $4.62B to $4.66B.
What is the long-term trend for Elevance Health's pp&e (net)?
Over 5 years (2020 to 2025), Elevance Health's pp&e (net) has grown at a 6.1% compound annual growth rate (CAGR), from $3.48B to $4.68B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.