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Elevance Health ELV Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin89.2%+0.6pp89.4%+0.5pp88.9%-0.5pp88.7%-0.8pp88.6%-1.1pp
Net margin2.6%-0.6pp2.8%-0.5pp2.8%-0.8pp2.8%-1.1pp3.2%-0.4pp
Returns
Return on equity12.1%-2.1pp13.3%-1.5pp12.6%-3.0pp12.5%-4.2pp14.2%-1.8pp
Efficiency
Asset turnover1.6×0.0×1.7×+0.1×1.6×+0.1×1.6×+0.1×1.6×0.0×
Liquidity
Current ratio1.5×0.0×1.5×+0.1×1.6×+0.1×1.4×0.0×1.4×+0.1×
Leverage
Debt-to-equity0.7×+0.1×0.7×0.0×0.7×+0.1×0.7×+0.1×0.7×+0.1×
Valuation
Market capitalization$64.31B-34.7%$77.91B-8.9%$72.76B-39.7%$85.05B-32.4%$98.47B-18.4%
Price / earnings12.3×-4.4×13.8×-0.5×13.2×-5.7×15.9×-2.9×16.6×-2.7×
Price / sales0.3×-0.2×0.4×-0.1×0.4×-0.3×0.4×-0.3×0.5×-0.2×
Price / book1.5×-0.9×1.8×-0.3×1.7×-1.1×1.9×-1.0×2.3×-0.7×
Dividend yield2.4%+0.8pp2%+0.2pp2.1%+0.9pp1.8%+0.6pp1.5%+0.4pp

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Questions, answered.

Where do Elevance Health's ratios come from?
Every ratio is computed from Elevance Health's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.