Free cash flow
Year-over-year, this metric grew by 399.0%, from $821.00M to $4.10B. Over 2 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -31.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.40B | $2.25B | $1.33B | $2.29B | $2.16B | $4.62B | $6.17B | $1.60B | $2.29B | $1.70B | $124.00M | $2.35B | $384.00M | $821.00M | $1.79B | $775.00M | $0.00 | $4.10B |
| QoQ Change | — | +60.7% | -40.7% | +71.7% | -5.7% | +114.1% | +33.5% | -74.1% | +43.4% | -25.9% | -92.7% | >999% | -83.6% | +113.8% | +117.7% | -56.6% | -100.0% | — |
| YoY Change | — | — | — | — | +54.3% | +105.7% | +169.7% | -25.8% | -50.3% | -72.5% | -92.3% | +2.2% | — | -51.7% | >999% | -67.0% | -100.0% | +399.0% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Elevance Health's free cash flow?
- Elevance Health (ELV) reported free cash flow of $4.10B in Q1 2026.
- How has Elevance Health's free cash flow changed year-over-year?
- Elevance Health's free cash flow increased by 399.0% year-over-year, from $821.00M to $4.10B.
- What is the long-term trend for Elevance Health's free cash flow?
- Over 2 years (2021 to 2025), Elevance Health's free cash flow has grown at a -31.8% compound annual growth rate (CAGR), from $7.28B to $3.38B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.