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Elevance Health ELV Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin89.4%+0.5pp88.8%-1.1pp89.9%-1.8pp91.7%-0.5pp
Net margin2.8%-0.5pp3.4%-0.1pp3.5%-0.3pp3.8%-0.7pp
Free cash flow margin1.7%-0.9pp2.6%
Returns
Return on equity13.3%-1.5pp14.8%-1.0pp15.8%-0.4pp16.3%-1.5pp
Return on assets4.8%-0.5pp5.3%-0.4pp5.7%-0.2pp5.9%-0.8pp
Efficiency
Asset turnover1.7×+0.1×1.6×-0.1×1.6×+0.1×1.6×+0.1×
Liquidity
Current ratio1.5×+0.1×1.5×0.0×1.4×0.0×1.4×-0.1×
Quick ratio1.5×+0.1×1.5×0.0×1.4×0.0×1.4×-0.1×
Cash ratio0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity0.7×0.0×0.7×+0.1×0.6×0.0×0.6×0.0×
Debt-to-assets0.3×0.0×0.3×0.0×0.2×0.0×0.2×0.0×
Valuation
Market capitalization$77.91B-8.9%$85.56B-22.2%$109.91B-10.0%$122.07B+9.1%
Enterprise value$100.02B-7.1%$107.66B-15.7%$127.7B-7.6%$138.22B+6.8%
Price / earnings13.8×-0.5×14.3×-4.1×18.4×-2.4×20.7×+2.5×
Price / sales0.4×-0.1×0.5×-0.2×0.6×-0.1×0.8×0.0×
Price / book1.8×-0.3×2.1×-0.7×2.8×-0.6×3.4×+0.3×
EV / sales0.5×-0.1×0.6×-0.1×0.7×-0.1×0.9×-0.1×
Free cash flow yield4.3%-1.0pp5.3%
Earnings yield7.3%+0.3pp7%+1.5pp5.4%+0.6pp4.8%-0.7pp
Dividend yield2%+0.2pp1.8%+0.5pp1.3%+0.3pp1%0.0pp

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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.