Elevance Health revenue and financials

ELV · NYSE · USD

$400.09Change from previous close: +1.41%Absolute change: +$5.58

Close · October 6, 2026

In the fiscal year ended December 2025, Elevance Health reported revenue of $199.13B (+12.49% year over year). Net income was $5.66B, a net margin of 2.8%.

Annual revenue · 2025: $199.13B
  1. $84.86B2016
  2. $90.04B2017
  3. $92.11B2018
  4. $104.21B2019
  5. $121.87B2020
  6. $138.64B2021
  7. $156.6B2022
  8. $171.34B2023
  9. $177.01B2024
  10. $199.13B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+12.49%
2025 vs 2024
Net income growth
−5.32%
2025 vs 2024
Net margin
2.8%
2024: 3.4%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets121,494116,889108,928102,77297,46086,61577,45371,57170,54065,083
Current assets63,00158,94260,02955,61751,12245,75139,03334,32136,26334,315
Cash and equivalents9,4918,2886,5267,3874,8805,7414,9373,9343,6094,075
Short-term investments25,88425,20129,61425,952——————
Receivables21,54219,07117,86516,044——————
Net property, plant and equipment5,1315,2194,9434,9204,547—————
Goodwill28,34428,27725,31724,38324,22821,69120,50020,50419,23117,561
Other intangible assets11,20012,09410,27310,315——————
Long-term investments27,74527,42830,71927,657——————
Current liabilities41,03540,58141,79139,69634,88529,45323,61721,96523,35621,294
Accounts payable24,40622,67323,02121,203——————
Long-term debt31,89630,86724,89523,84922,75620,03519,38518,06618,65715,287
Total debt32,04631,23225,12024,114——————
Total liabilities77,46875,46369,52366,37861,33253,41645,72543,03044,03739,983
Total equity (incl. minority)44,02641,42639,40536,33036,128—————
Retained earnings35,39333,54931,74929,64727,088—————
Minority interest14411199.087.068.0—————