Business Segments · Reportable segments’ operating gain

CarelonRx Segment — Reportable segments’ operating gain

Elevance Health CarelonRx Segment — Reportable segments’ operating gain decreased by 19.6% to $582.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from $602.00M to $582.00M. Over 4 years (FY 2021 to FY 2025), CarelonRx Segment — Reportable segments’ operating gain shows an upward trend with a 9.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating gain indicates strong profitability and effective management of both pharmacy costs and operational overhead.

Detailed definition

The operating profit generated by the CarelonRx segment, calculated as total operating revenue minus benefit expenses, p...

Peer comparison

Comparable to segment operating income reported by peers in the pharmacy benefit management and healthcare services industry.

Metric ID: elv_segment_carelonrx_reportable_segments_operating_gain

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$421.00M$421.00M$421.00M$398.00M$479.00M$516.00M$475.00M$512.00M$496.00M$477.00M$490.00M$523.00M$497.00M$619.00M$533.00M$602.00M$536.00M$556.00M$724.00M$582.00M
QoQ Change+0.0%+0.0%-5.5%+20.4%+7.7%-7.9%+7.8%-3.1%-3.8%+2.7%+6.7%-5.0%+24.5%-13.9%+12.9%-11.0%+3.7%+30.2%-19.6%
YoY Change+13.8%+22.6%+12.8%+28.6%+3.5%-7.6%+3.2%+2.1%+0.2%+29.8%+8.8%+15.1%+7.8%-10.2%+35.8%-3.3%
Range$398.00M$724.00M
CAGR+7.1%
Avg YoY Growth+10.2%
Median YoY Growth+8.3%

Frequently Asked Questions

What is Elevance Health's carelonrx segment — reportable segments’ operating gain?
Elevance Health (ELV) reported carelonrx segment — reportable segments’ operating gain of $582.00M in Q1 2026.
How has Elevance Health's carelonrx segment — reportable segments’ operating gain changed year-over-year?
Elevance Health's carelonrx segment — reportable segments’ operating gain decreased by 3.3% year-over-year, from $602.00M to $582.00M.
What is the long-term trend for Elevance Health's carelonrx segment — reportable segments’ operating gain?
Over 4 years (2021 to 2025), Elevance Health's carelonrx segment — reportable segments’ operating gain has grown at a 9.5% compound annual growth rate (CAGR), from $1.68B to $2.42B.
What does carelonrx segment — reportable segments’ operating gain mean?
The total operating profit earned by the CarelonRx pharmacy services segment.