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Elevance Health ELV Price / sales

Price / sales at other companies

Humana logo
HumanaHUM
0.2×-0.1×
CVS Health logo
CVS HealthCVS
0.2×0.0×
UnitedHealth Group logo
UnitedHealth GroupUNH
0.5×-0.6×
Centene logo
CenteneCNC
0.1×-0.1×
Cigna logo
CignaCI
0.3×-0.1×
Cencora logo
CencoraCOR
0.2×0.0×

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%
Enterprise value$106.8B-27.8%
P/E16.2×-5.8×

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.

Based on the most recent quarter.

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 price / sales?
Elevance Health (ELV) reported price / sales of 0.3× in Q1 2026.
How has Elevance Health's price / sales changed year-over-year?
Elevance Health's price / sales decreased by 40.3% year-over-year, from 0.5× to 0.3×.
What is the long-term trend for Elevance Health's price / sales?
Over 4 years (2021 to 2025), Elevance Health's price / sales has grown at a -11.9% compound annual growth rate (CAGR), from 2.9× to 1.8×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.