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Elevance Health ELV Asset turnover

Asset turnover at other companies

Humana logo
HumanaHUM
2.6×+0.2×
CVS Health logo
CVS HealthCVS
1.6×+0.1×
UnitedHealth Group logo
UnitedHealth GroupUNH
1.4×+0.1×
Centene logo
CenteneCNC
2.4×+0.4×
Cigna logo
CignaCI
1.8×+0.1×
Cencora logo
CencoraCOR
4.3×-0.3×

Other financials

Income statement

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Revenue$50.2B+2.6%
Gross profit$44.7B+1.8%
Net income$1.8B-19.2%
EPS (diluted)$8.00-16.8%

Balance sheet

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Cash & equivalents$9.7B+28.8%
Total debt$31.5B+11.0%
Total equity$43.9B+3.3%
Total assets$125.83B+5.1%

Cash flow

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Operating cash flow$4.3B+326%
CapEx$235.0M+19.9%
Free cash flow$4.1B+399%

Valuation

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Market cap$84.97B-34.7%
Enterprise value$106.8B-27.8%
P/E16.2×-5.8×
P/S0.4×-0.3×

Profitability

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Gross margin89.2%+0.6pp
Net margin2.6%-0.6pp

Returns & leverage

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Return on equity12.1%-2.1pp
Debt / equity0.7×+0.1×
Current ratio1.5×0.0×

Where this comes from

Calculated from Elevance Health’s reported figures.

Based on trailing twelve months.

The official record: Elevance Health’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Elevance Health's asset turnover?
Elevance Health (ELV) reported asset turnover of 1.6× in Q1 2026.
How has Elevance Health's asset turnover changed year-over-year?
Elevance Health's asset turnover increased by 3.1% year-over-year, from 1.6× to 1.6×.
What is the long-term trend for Elevance Health's asset turnover?
Over 4 years (2021 to 2025), Elevance Health's asset turnover has grown at a 3.0% compound annual growth rate (CAGR), from 5.8× to 6.5×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.