Discontinued — last reported Q4 '25
Business Segments · Goodwill
Carelon Services Segment — Goodwill
Elevance Health Carelon Services Segment — Goodwill increased by 5.2% to $3.99B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $3.80B to $3.99B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toGoodwill
How to read this metric
High levels suggest significant historical acquisition activity; a sudden decrease may signal impairment risks.
Detailed definition
The carrying value of goodwill recorded on the balance sheet specifically attributed to the Carelon Services segment. Th...
Peer comparison
Standard reporting item for segments that have grown through M&A, comparable to 'Segment Goodwill' at other diversified health insurers.
Metric ID:
elv_segment_carelon_services_goodwillHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.23B | $2.24B | $2.26B | $3.80B | $3.99B |
| QoQ Change | — | +0.4% | +0.9% | +68.4% | +5.2% |
| YoY Change | — | +0.4% | +0.9% | +68.4% | +5.2% |
Range$2.23B – $3.99B
CAGR+79.3%
Avg YoY Growth+18.7%
Median YoY Growth+3.0%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Elevance Health's carelon services segment — goodwill?
- Elevance Health (ELV) reported carelon services segment — goodwill of $3.99B in Q4 2025.
- How has Elevance Health's carelon services segment — goodwill changed year-over-year?
- Elevance Health's carelon services segment — goodwill increased by 5.2% year-over-year, from $3.80B to $3.99B.
- What does carelon services segment — goodwill mean?
- The intangible asset value representing the premium paid for acquisitions within the Carelon Services segment.