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Elevance Health ELV Carelon Services Segment — Premiums

Other segment segments

Health Benefits Segment
$40.45B+2.2%
CarelonRx Segment
$0
Corporate & Other
$0

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CNCPremium and service revenues — Premium and service revenues
$44.66B+5.1%
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CNCPremium — Premium and service revenues
$43.89B+5.2%
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AFLCritical care — Net premium income
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HUMCenterWell — Premiums
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CNCSpecialty Services — Premium And Service Revenues
$552.75M+24.1%

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$84.37B-34.7%
Enterprise value$106.2B-27.8%
P/E16.1×-5.7×
P/S0.4×-0.3×

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:PremiumsEarnedNet.

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 carelon services segment — premiums?
Elevance Health (ELV) reported carelon services segment — premiums of $779M in Q1 2026.
How has Elevance Health's carelon services segment — premiums changed year-over-year?
Elevance Health's carelon services segment — premiums decreased by 48.1% year-over-year, from $1.5B to $779M.
What is the long-term trend for Elevance Health's carelon services segment — premiums?
Over 4 years (2021 to 2025), Elevance Health's carelon services segment — premiums has grown at a 37.1% compound annual growth rate (CAGR), from $1.79B to $6.32B.
What does carelon services segment — premiums mean?
Total insurance premium revenue earned by the Carelon Services segment.
How do you interpret carelon services segment — premiums?
An increase indicates growth in the segment's insurance member base or higher premium pricing, while a decrease may signal member attrition or competitive pricing pressure.
How does carelon services segment — premiums compare across companies?
Comparable to premium revenue metrics in health services or managed care segments at diversified healthcare peers.