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Elevance Health ELV Reportable Segments — Interest Expense

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Other financials

Income statement

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Revenue$50.5B+1.4%
Gross profit$45.0B+1.1%
Net income$1.5B-16.1%
EPS (diluted)$6.71-13.1%

Balance sheet

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Cash & equivalents$10.2B+19.5%
Total debt$30.7B+7.5%
Total equity$44.9B+2.7%
Total assets$126.44B+3.7%

Cash flow

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Operating cash flow$1.9B-6.9%
CapEx$287.0M+7.5%
Free cash flow$1.6B-9.0%

Valuation

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Market cap$84.88B+36.4%
Enterprise value$105.32B+28.1%
P/E17.1×+5.5×
P/S0.4×+0.1×

Profitability

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Gross margin89.1%+0.4pp
Net margin2.5%-0.4pp
FCF margin3.2%+0.4pp

Returns & leverage

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Return on equity11.2%-1.3pp
Debt / equity0.7×0.0×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Elevance Health in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The source filing: Elevance Health’s 10-Q, filed July 15, 2026.

Filed
Jul 15, 2026, 11:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001156039-26-000060
Line itemThree Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Benefit expense37,02436,70672,63972,018
Cost of products sold5,4925,29310,95510,276
Operating expense5,5474,99711,87710,297
Interest expense364341721685
Amortization of other intangible assets110147222302
Total expenses48,53747,48496,41493,578
Income before income tax expense1,9372,2924,2415,089
Income tax expense4835481,0271,161

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Elevance Health's reportable segments — interest expense?
Elevance Health (ELV) reported reportable segments — interest expense of $364M in Q2 2026.
How has Elevance Health's reportable segments — interest expense changed year-over-year?
Elevance Health's reportable segments — interest expense increased by 6.7% year-over-year, from $341M to $364M.
What is the long-term trend for Elevance Health's reportable segments — interest expense?
Over 3 years (2022 to 2025), Elevance Health's reportable segments — interest expense has grown at a 18.1% compound annual growth rate (CAGR), from $851M to $1.4B.
What does reportable segments — interest expense mean?
This represents the cost of debt servicing allocated to a specific business segment, reflecting the interest paid on borrowings or debt instruments. It is an important indicator of the segment's capital structure and the cost associated with financing its operations or acquisitions. High interest expense relative to segment income can indicate a heavy reliance on debt financing.

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