Business Segments · Reportable segments’ operating gain
Health Benefits Segment — Reportable segments’ operating gain
Year-over-year, this metric declined by 2.7%, from $2.22B to $2.16B. Over 4 years (FY 2021 to FY 2025), Health Benefits Segment — Reportable segments’ operating gain shows a downward trend with a -7.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026Apr 22, 2026
Rolls up toOperating Income
How to read this metric
Higher operating gain indicates strong underwriting discipline, effective cost management, and healthy profit margins.
Detailed definition
This metric represents the operating profit generated by the Health Benefits segment after accounting for both medical b...
Peer comparison
Comparable to 'Segment Operating Income' or 'Segment Profit' at peer health insurance organizations.
Metric ID:
elv_segment_health_benefits_reportable_segments_operating_gainHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.46B | $1.46B | $1.46B | $1.85B | $1.78B | $1.63B | $756M | $2.15B | $2.14B | $1.83B | $767M | $2.29B | $2.15B | $1.6B | $207M | $2.22B | $1.56B | $601M | $0 | $2.16B |
| QoQ Change | — | +0.0% | +0.0% | +26.6% | -3.8% | -8.3% | -53.7% | +184.3% | -0.5% | -14.2% | -58.2% | +198.2% | -6.2% | -25.2% | -87.1% | +971.0% | -29.6% | -61.5% | -100.0% | — |
| YoY Change | — | — | — | — | +21.8% | +11.7% | -48.3% | +16.1% | +20.0% | +12.2% | +1.5% | +6.4% | +0.3% | -12.5% | -73.0% | -3.1% | -27.3% | -62.5% | -100.0% | -2.7% |
Range$0 – $2.29B
CAGR+8.5%
Avg YoY Growth-15.0%
Median YoY Growth-1.2%
Current Streak4 quarters decline
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Frequently Asked Questions
- What is Elevance Health's health benefits segment — reportable segments’ operating gain?
- Elevance Health (ELV) reported health benefits segment — reportable segments’ operating gain of $2.16B in Q1 2026.
- How has Elevance Health's health benefits segment — reportable segments’ operating gain changed year-over-year?
- Elevance Health's health benefits segment — reportable segments’ operating gain decreased by 2.7% year-over-year, from $2.22B to $2.16B.
- What is the long-term trend for Elevance Health's health benefits segment — reportable segments’ operating gain?
- Over 4 years (2021 to 2025), Elevance Health's health benefits segment — reportable segments’ operating gain has grown at a -7.0% compound annual growth rate (CAGR), from $5.85B to $4.38B.
- What does health benefits segment — reportable segments’ operating gain mean?
- The operating profit earned by the Health Benefits segment.