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.

Elevance Health ELV Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	356.1%-0.1pp	355.5%-1.8pp	355%-3.4pp	355.5%-4.1pp	356.2%-4.9pp
Net margin	11.1%-3.0pp	11.7%-2.8pp	12.3%-2.4pp	13.1%-1.5pp	14.2%-0.3pp
Free cash flow margin	9.8%—	8.5%—	9.3%—	——	——
Returns
Return on equity	50.5%-10.8pp	52.6%-10.5pp	54.2%-10.0pp	57.2%-7.4pp	61.3%-3.7pp
Return on assets	18.2%-3.9pp	19%-3.6pp	19.6%-3.4pp	20.6%-2.3pp	22.1%-0.9pp
Efficiency
Asset turnover	6.5×+0.3×	6.5×+0.3×	6.4×+0.1×	6.3×0.0×	6.2×-0.1×
Liquidity
Current ratio	6×+0.2×	6×+0.2×	5.9×+0.1×	5.8×+0.1×	5.9×+0.2×
Quick ratio	6×+0.2×	6×+0.2×	5.9×+0.1×	5.8×+0.1×	5.9×+0.2×
Cash ratio	0.9×+0.1×	0.8×+0.1×	0.8×+0.1×	0.8×+0.1×	0.7×-0.1×
Leverage
Debt-to-equity	2.8×+0.2×	2.8×+0.3×	2.8×+0.4×	2.6×+0.2×	2.6×0.0×
Debt-to-assets	1×+0.1×	1×+0.1×	1×+0.1×	0.9×+0.1×	0.9×0.0×
Valuation
Market capitalization	$300.02B-30.3%	$334.18B-26.2%	$341.83B-28.4%	$389.82B-15.0%	$430.59B-1.6%
Enterprise value	$386.59B-24.1%	$419.77B-20.4%	$427.42B-22.0%	$469.94B-10.7%	$509.03B+1.3%
Price / earnings	55×-13.5×	59.4×-11.8×	60×-15.3×	65.6×-7.9×	68.6×-2.8×
Price / sales	1.5×-0.9×	1.8×-0.9×	1.8×-0.9×	2.2×-0.5×	2.4×-0.1×
Price / book	6.8×-3.3×	7.7×-3.1×	8×-3.5×	9.1×-2.3×	10.1×-1.0×
EV / sales	2×-0.9×	2.2×-0.8×	2.3×-0.9×	2.6×-0.5×	2.9×-0.1×
Free cash flow yield	26.2%—	19.5%—	20.5%—	——	——
Earnings yield	29.3%+5.7pp	27.2%+4.4pp	26.9%+5.7pp	24.6%+2.8pp	23.6%+1.1pp
Dividend yield	8.2%+2.5pp	7.4%+2.1pp	7.2%+2.4pp	6.4%+1.4pp	5.7%+0.7pp

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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.