What is Elevance Health's deferred taxes?

Elevance Health (ELV) reported deferred taxes of -$274M in Q1 2026.

How has Elevance Health's deferred taxes changed year-over-year?

Elevance Health's deferred taxes decreased by 57.5% year-over-year, from -$174M to -$274M.

What is the long-term trend for Elevance Health's deferred taxes?

Over 3 years (2021 to 2025), Elevance Health's deferred taxes has grown at a -6.6% compound annual growth rate (CAGR), from $342M to -$279M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Elevance Health ELV Deferred Taxes

Deferred Taxes at other companies

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$25.5M+118%

UnitedHealth GroupUNH

$540M+744%

CenteneCNC

-$53M-96.3%

Molina HealthcareMOH

$30M+331%

Oscar HealthOSCR

-$6.2M-17,333%

HitachiHIT

-$484.47K-1,305%

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$83.98B+7.6%

Enterprise value$105.82B+8.0%

P/E16×+1.5×

P/S0.4×0.0×

Profitability

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Gross margin89.2%+0.6pp

Net margin2.6%-0.6pp

FCF margin3.3%+1.3pp

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

Reported directly by Elevance Health in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

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 deferred taxes?: Elevance Health (ELV) reported deferred taxes of -$274M in Q1 2026.
How has Elevance Health's deferred taxes changed year-over-year?: Elevance Health's deferred taxes decreased by 57.5% year-over-year, from -$174M to -$274M.
What is the long-term trend for Elevance Health's deferred taxes?: Over 3 years (2021 to 2025), Elevance Health's deferred taxes has grown at a -6.6% compound annual growth rate (CAGR), from $342M to -$279M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.