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Elevance Health ELV Debt-to-equity

Debt-to-equity at other companies

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HumanaHUM
0.7×+0.1×
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CVS HealthCVS
0.2×0.0×
UnitedHealth Group logo
UnitedHealth GroupUNH
0.8×-0.1×
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CenteneCNC
0.7×+0.1×
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Molina HealthcareMOH
0.9×+0.2×
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Oscar HealthOSCR
0.3×0.0×

Other financials

Income statement

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Revenue$50.5B+1.4%
Gross profit$45.0B+1.1%
Net income$1.5B-16.1%
EPS (diluted)$6.71-13.1%

Balance sheet

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Cash & equivalents$10.2B+19.5%
Total debt$30.7B+7.5%
Total equity$44.9B+2.7%
Total assets$126.44B+3.7%

Cash flow

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Operating cash flow$1.9B-6.9%
CapEx$287.0M+7.5%
Free cash flow$1.6B-9.0%

Valuation

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Market cap$81.51B+31.7%
Enterprise value$101.95B+24.5%
P/E16.4×+4.9×
P/S0.4×+0.1×

Profitability

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Gross margin89.1%+0.4pp
Net margin2.5%-0.4pp
FCF margin3.2%+0.4pp

Returns & leverage

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Return on equity11.2%-1.3pp
Current ratio1.5×+0.1×

Where this comes from

Calculated from Elevance Health’s reported figures.

Based on the most recent quarter.

The source filing: Elevance Health’s 10-Q, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 11:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001156039-26-000060

FAQ

What is Elevance Health's debt-to-equity?
Elevance Health (ELV) reported debt-to-equity of 0.7× in Q2 2026.
How has Elevance Health's debt-to-equity changed year-over-year?
Elevance Health's debt-to-equity increased by 4.7% year-over-year, from 0.7× to 0.7×.
What is the long-term trend for Elevance Health's debt-to-equity?
Over 5 years (2020 to 2025), Elevance Health's debt-to-equity has grown at a 3.3% compound annual growth rate (CAGR), from 0.6× to 0.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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