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Elevance Health ELV Enterprise value

Enterprise value at other companies

Humana logo
HumanaHUM
$29.86B-27.2%
CVS Health logo
CVS HealthCVS
$96.84B+4.3%
UnitedHealth Group logo
UnitedHealth GroupUNH
$295.52B-44.2%
Centene logo
CenteneCNC
$11.21B-66.7%
Cigna logo
CignaCI
$65.96B-4.9%
Cencora logo
CencoraCOR
$71.12B+20.6%

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$84.97B-34.7%
P/E16.2×-5.8×
P/S0.4×-0.3×

Profitability

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Gross margin89.2%+0.6pp
Net margin2.6%-0.6pp

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

Calculated from Elevance Health’s reported figures.

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 enterprise value?
Elevance Health (ELV) reported enterprise value of $86.14B in Q1 2026.
How has Elevance Health's enterprise value changed year-over-year?
Elevance Health's enterprise value decreased by 27.8% year-over-year, from $119.33B to $86.14B.
What is the long-term trend for Elevance Health's enterprise value?
Over 4 years (2021 to 2025), Elevance Health's enterprise value has grown at a -1.8% compound annual growth rate (CAGR), from $450.6B to $419.77B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.