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Elevance Health ELV Free cash flow margin

Free cash flow margin at other companies

CVS Health logo
CVS HealthCVS
1.8%
UnitedHealth Group logo
UnitedHealth GroupUNH
4.4%-1.7pp
Centene logo
CenteneCNC
4.4%+3.8pp
Molina Healthcare logo
Molina HealthcareMOH
0.6%
Oscar Health logo
Oscar HealthOSCR
-8.2%
Alignment Healthcare logo
Alignment HealthcareALHC
4.1%

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$81.51B+31.7%
Enterprise value$101.95B+24.5%
P/E16.4×+4.9×
P/S0.4×+0.1×

Profitability

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

Calculated from Elevance Health’s reported figures.

Based on trailing twelve months.

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

Filed
Jul 15, 2026, 11:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001156039-26-000060

FAQ

What is Elevance Health's free cash flow margin?
Elevance Health (ELV) reported free cash flow margin of 3.2% in Q2 2026.
How has Elevance Health's free cash flow margin changed year-over-year?
Elevance Health's free cash flow margin increased by 14.6% year-over-year, from 2.8% to 3.2%.
What is the long-term trend for Elevance Health's free cash flow margin?
Over 2 years (2021 to 2025), Elevance Health's free cash flow margin has grown at a -43.1% compound annual growth rate (CAGR), from 5.2% to 1.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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