Skip to content

Elevance Health ELV Gross margin

Gross margin at other companies

CVS Health logo
CVS HealthCVS
44.7%-0.1pp
UnitedHealth Group logo
UnitedHealth GroupUNH
88.6%+0.4pp
Centene logo
CenteneCNC
98.7%+0.3pp
Cigna logo
CignaCI
20.6%-5.2pp
Cencora logo
CencoraCOR
3.8%+0.4pp
Cardinal Health logo
Cardinal HealthCAH
3.8%+0.2pp

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$4.3B+326%
CapEx$235.0M+19.9%
Free cash flow$4.1B+399%

Valuation

See full
Market cap$84.97B-34.7%
Enterprise value$106.8B-27.8%
P/E16.2×-5.8×
P/S0.4×-0.3×

Profitability

See full
Net margin2.6%-0.6pp

Returns & leverage

See full
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.

Based on trailing twelve months.

The official record: Elevance Health’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Elevance Health's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Elevance Health's gross margin?
Elevance Health (ELV) reported gross margin of 89.2% in Q1 2026.
How has Elevance Health's gross margin changed year-over-year?
Elevance Health's gross margin increased by 0.7% year-over-year, from 88.6% to 89.2%.
What is the long-term trend for Elevance Health's gross margin?
Over 4 years (2021 to 2025), Elevance Health's gross margin has grown at a -1.0% compound annual growth rate (CAGR), from 369.5% to 355.5%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.