(ELV) Elevance Health - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0367521038

Health Plans, Pharmacy Services, Specialty Insurance, Care Management

EPS (Earnings per Share)

EPS (Earnings per Share) of ELV over the last years for every Quarter: "2020-12": 2.54, "2021-03": 7.01, "2021-06": 7.03, "2021-09": 6.79, "2021-12": 5.14, "2022-03": 8.25, "2022-06": 8.04, "2022-09": 7.53, "2022-12": 5.23, "2023-03": 9.46, "2023-06": 9.04, "2023-09": 8.99, "2023-12": 5.62, "2024-03": 10.64, "2024-06": 10.12, "2024-09": 8.37, "2024-12": 3.84, "2025-03": 11.97, "2025-06": 8.84, "2025-09": 6.03,

Revenue

Revenue of ELV over the last years for every Quarter: 2020-12: 31824, 2021-03: 32385, 2021-06: 33851, 2021-09: 35822, 2021-12: 34885, 2022-03: 38095, 2022-06: 38632, 2022-09: 39939, 2022-12: 38994, 2023-03: 42172, 2023-06: 43672, 2023-09: 42849, 2023-12: 42647, 2024-03: 42577, 2024-06: 43646, 2024-09: 45145, 2024-12: 45442, 2025-03: 48891, 2025-06: 49776, 2025-09: 50711,

Dividends

Dividend Yield 1.95%
Yield on Cost 5y 2.32%
Yield CAGR 5y 10.91%
Payout Consistency 100.0%
Payout Ratio 22.3%
Risk via 5d forecast
Volatility 26.6%
Value at Risk 5%th 40.9%
Relative Tail Risk -6.59%
Reward TTM
Sharpe Ratio -0.01
Alpha -8.71
CAGR/Max DD -0.16
Character TTM
Hurst Exponent 0.469
Beta 0.182
Beta Downside 0.141
Drawdowns 3y
Max DD 50.38%
Mean DD 17.22%
Median DD 9.87%

Description: ELV Elevance Health December 03, 2025

Elevance Health Inc. (NYSE: ELV) operates as a diversified health-benefits company in the United States, organized into four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. The firm delivers a broad portfolio that includes commercial, Medicare, Medicaid and Federal Employee Program (FEP) health plans under the Anthem Blue Cross & Blue Shield, Wellpoint and Carelon brands, as well as supplemental products such as dental, vision, stop-loss and specialty insurance.

Beyond traditional insurance, Elevance runs a sizable pharmacy-services business (CarelonRx) that offers home delivery, specialty pharmacy, formulary management, rebate administration and infusion services. Its Carelon Services arm provides integrated care-management capabilities-behavioral health, utilization management, virtual care, payment integrity, and data-analytics platforms (HealthOS)-to support both internal plans and external payers.

Key performance indicators from the most recent fiscal year (2023) show total revenue of roughly $145 billion, enrollment of about 57 million members, and a medical loss ratio (MLR) hovering near 84 %, reflecting the industry-wide pressure from rising drug costs and inflationary health-care spending. Primary sector drivers include the aging U.S. population (projected Medicare enrollment growth of ~4 % per year through 2030) and regulatory trends such as the ongoing implementation of the Inflation Reduction Act, which caps drug price increases for Medicare beneficiaries.

For a deeper quantitative breakdown, the ValueRay platform provides granular metrics and scenario analysis to help assess Elevance’s valuation under different market assumptions.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 5.53b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 2.32 > 1.0
NWC/Revenue: 11.75% < 20% (prev 7.58%; Δ 4.18% < -1%)
CFO/TA 0.04 > 3% & CFO 4.91b > Net Income 5.53b
Net Debt (23.39b) to EBITDA (10.02b): 2.34 < 3
Current Ratio: 1.56 > 1.5 & < 3
Outstanding Shares: last quarter (225.8m) vs 12m ago -3.13% < -2%
Gross Margin: 50.46% > 18% (prev 0.28%; Δ 5018 % > 0.5%)
Asset Turnover: 162.8% > 50% (prev 149.3%; Δ 13.51% > 0%)
Interest Coverage Ratio: 6.16 > 6 (EBITDA TTM 10.02b / Interest Expense TTM 1.38b)

Altman Z'' 3.11

A: 0.19 (Total Current Assets 63.78b - Total Current Liabilities 40.88b) / Total Assets 122.75b
B: 0.29 (Retained Earnings 35.59b / Total Assets 122.75b)
C: 0.07 (EBIT TTM 8.48b / Avg Total Assets 119.64b)
D: 0.45 (Book Value of Equity 35.05b / Total Liabilities 78.67b)
Altman-Z'' Score: 3.11 = A

Beneish M -3.32

DSRI: 1.08 (Receivables 22.35b/18.40b, Revenue 194.82b/174.01b)
GMI: 0.55 (GM 50.46% / 27.94%)
AQI: 0.91 (AQ_t 0.44 / AQ_t-1 0.49)
SGI: 1.12 (Revenue 194.82b / 174.01b)
TATA: 0.01 (NI 5.53b - CFO 4.91b) / TA 122.75b)
Beneish M-Score: -3.32 = AA

ValueRay F-Score (Strict, 0-100) 70.29

1. Piotroski: 7.0pt
2. FCF Yield: 3.44%
3. FCF Margin: 1.93%
4. Debt/Equity: 0.73
5. Debt/Ebitda: 2.34
6. ROIC - WACC: 4.65%
7. RoE: 12.91%
8. Revenue Trend: 95.77%
9. EPS Trend: 8.29%

What is the price of ELV shares?

As of January 23, 2026, the stock is trading at USD 372.24 with a total of 1,482,737 shares traded.
Over the past week, the price has changed by -2.54%, over one month by +8.12%, over three months by +8.39% and over the past year by -2.89%.

Is ELV a buy, sell or hold?

Elevance Health has received a consensus analysts rating of 4.41. Therefore, it is recommended to buy ELV.
  • Strong Buy: 13
  • Buy: 5
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the ELV price?

Issuer Target Up/Down from current
Wallstreet Target Price 394.6 6%
Analysts Target Price 394.6 6%
ValueRay Target Price 378.3 1.6%

ELV Fundamental Data Overview January 17, 2026

P/E Trailing = 15.5509
P/E Forward = 13.5135
P/S = 0.4414
P/B = 1.9311
P/EG = 1.1082
Revenue TTM = 194.82b USD
EBIT TTM = 8.48b USD
EBITDA TTM = 10.02b USD
Long Term Debt = 31.17b USD (from longTermDebt, last quarter)
Short Term Debt = 929.0m USD (from shortTermDebt, last quarter)
Debt = 32.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 23.39b USD (from netDebt column, last quarter)
Enterprise Value = 109.39b USD (86.00b + Debt 32.10b - CCE 8.71b)
Interest Coverage Ratio = 6.16 (Ebit TTM 8.48b / Interest Expense TTM 1.38b)
EV/FCF = 29.04x (Enterprise Value 109.39b / FCF TTM 3.77b)
FCF Yield = 3.44% (FCF TTM 3.77b / Enterprise Value 109.39b)
FCF Margin = 1.93% (FCF TTM 3.77b / Revenue TTM 194.82b)
Net Margin = 2.84% (Net Income TTM 5.53b / Revenue TTM 194.82b)
Gross Margin = 50.46% ((Revenue TTM 194.82b - Cost of Revenue TTM 96.51b) / Revenue TTM)
Gross Margin QoQ = 14.18% (prev 15.62%)
Tobins Q-Ratio = 0.89 (Enterprise Value 109.39b / Total Assets 122.75b)
Interest Expense / Debt = 1.09% (Interest Expense 351.0m / Debt 32.10b)
Taxrate = 15.58% (219.0m / 1.41b)
NOPAT = 7.16b (EBIT 8.48b * (1 - 15.58%))
Current Ratio = 1.56 (Total Current Assets 63.78b / Total Current Liabilities 40.88b)
Debt / Equity = 0.73 (Debt 32.10b / totalStockholderEquity, last quarter 43.95b)
Debt / EBITDA = 2.34 (Net Debt 23.39b / EBITDA 10.02b)
Debt / FCF = 6.21 (Net Debt 23.39b / FCF TTM 3.77b)
Total Stockholder Equity = 42.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.62% (Net Income 5.53b / Total Assets 122.75b)
RoE = 12.91% (Net Income TTM 5.53b / Total Stockholder Equity 42.87b)
RoCE = 11.45% (EBIT 8.48b / Capital Employed (Equity 42.87b + L.T.Debt 31.17b))
RoIC = 9.70% (NOPAT 7.16b / Invested Capital 73.75b)
WACC = 5.05% (E(86.00b)/V(118.10b) * Re(6.59%) + D(32.10b)/V(118.10b) * Rd(1.09%) * (1-Tc(0.16)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -2.14%
[DCF Debug] Terminal Value 86.08% ; FCFF base≈2.61b ; Y1≈2.54b ; Y5≈2.56b
Fair Price DCF = 239.5 (EV 76.62b - Net Debt 23.39b = Equity 53.23b / Shares 222.2m; r=5.90% [WACC]; 5y FCF grow -3.53% → 2.90% )
EPS Correlation: 8.29 | EPS CAGR: 4.35% | SUE: 1.95 | # QB: 1
Revenue Correlation: 95.77 | Revenue CAGR: 10.49% | SUE: 1.33 | # QB: 5
EPS next Quarter (2026-03-31): EPS=10.32 | Chg30d=-0.480 | Revisions Net=-4 | Analysts=16
EPS next Year (2026-12-31): EPS=26.88 | Chg30d=-0.354 | Revisions Net=-3 | Growth EPS=-10.3% | Growth Revenue=+3.1%

Additional Sources for ELV Stock

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