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Elevance Health ELV Gross Profit

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Other financials

Income statement

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Revenue$50.2B+2.6%
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$84.11B-0.6%
Enterprise value$105.95B+0.4%
P/E16×+1.7×
P/S0.4×0.0×

Profitability

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Gross margin89.2%+0.6pp
Net margin2.6%-0.6pp
FCF margin3.3%+1.3pp

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 gross profit?
Elevance Health (ELV) reported gross profit of $44.72B in Q1 2026.
How has Elevance Health's gross profit changed year-over-year?
Elevance Health's gross profit increased by 1.8% year-over-year, from $43.91B to $44.72B.
What is the long-term trend for Elevance Health's gross profit?
Over 4 years (2021 to 2025), Elevance Health's gross profit has grown at a 8.6% compound annual growth rate (CAGR), from $127.74B to $177.95B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.