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Elevance Health ELV Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin356.1%-0.1pp355.5%-1.8pp355%-3.4pp355.5%-4.1pp356.2%-4.9pp
Net margin11.1%-3.0pp11.7%-2.8pp12.3%-2.4pp13.1%-1.5pp14.2%-0.3pp
Returns
Return on equity50.5%-10.8pp52.6%-10.5pp54.2%-10.0pp57.2%-7.4pp61.3%-3.7pp
Efficiency
Asset turnover6.5×+0.3×6.5×+0.3×6.4×+0.1×6.3×0.0×6.2×-0.1×
Liquidity
Current ratio+0.2×+0.2×5.9×+0.1×5.8×+0.1×5.9×+0.2×
Leverage
Debt-to-equity2.8×+0.2×2.8×+0.3×2.8×+0.4×2.6×+0.2×2.6×0.0×
Valuation
Market capitalization$300.02B-30.3%$334.18B-26.2%$341.83B-28.4%$389.82B-15.0%$430.59B-1.6%
Price / earnings55×-13.5×59.4×-11.8×60×-15.3×65.6×-7.9×68.6×-2.8×
Price / sales1.5×-0.9×1.8×-0.9×1.8×-0.9×2.2×-0.5×2.4×-0.1×
Price / book6.8×-3.3×7.7×-3.1×-3.5×9.1×-2.3×10.1×-1.0×
Dividend yield8.2%+2.5pp7.4%+2.1pp7.2%+2.4pp6.4%+1.4pp5.7%+0.7pp

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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.