Elevance Health (ELV)

NYSE Health Care Managed Health Care S&P 500
$425.62
-6.38 (-1.48%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W+1.3%
1M+6.2%
3M+7.0%
6M+12.6%
YTD+21.4%
1Y+33.8%
3Y-4.7%
5Y-2.2%

Key statistics

Full financials →
Market cap$92.0B
P/E (TTM)18.1
EPS (TTM, diluted)$23.52
P/S0.46
P/B2.06
EV / EBITDA16.2
Revenue (TTM)$201.83B
Revenue growth+3.6%
Net margin2.5%
ROE11.5%
Debt / equity0.69
FCF yield7.1%
Dividend yield1.61%
Payout ratio29%
Beta (1Y)0.30
Volatility (1Y)35.6%
52-week range$274.84 – $450.69
Avg volume (50D)1.32M

Revenue & net income — last 8 quarters

Statements →
Oct 21, 6:01 AM ET

Elevance Health Q3 EPS rises to $6.27 and raises 2026 profit outlook

Positive earnings 2.02

Elevance Health reported third-quarter 2026 operating revenue of $50.4 billion, up 0.7% from a year earlier, and diluted earnings per share of $6.27, up 17.9% from $5.32, which included a net non-operating benefit of $1.85 per share. The company raised its full-year 2026 diluted EPS guidance to at least $22.00 and adjusted diluted EPS guidance to at least $29.00, though the Health Benefits operating gain fell 27.5%. For shareholders, the higher outlook is the main change, while nine-month diluted EPS of $21.01 was down 7.3% from the prior year.

  • Third-quarter operating revenue was $50.4 billion, up 0.7% from $50.1 billion a year earlier.
  • Diluted EPS was $6.27 versus $5.32 a year earlier; adjusted diluted EPS was $6.99 versus $6.03.
  • Full-year 2026 diluted EPS guidance was raised to at least $22.00; adjusted diluted EPS guidance was raised to at least $29.00.
  • Health Benefits operating gain fell 27.5% to $0.4 billion, and a $1.72 quarterly dividend was declared for payment on December 18, 2026.
Read the filing on SEC.gov ↗
Jul 15, 6:01 AM ET

Elevance Health Q2 revenue rises 0.8% to $49.8B; EPS falls to $6.71, guidance raised

Mixed earnings Written later 2.02

Elevance Health reported second-quarter 2026 operating revenue of $49.8 billion, up 0.8% from a year earlier, while diluted earnings per share fell 13.1% to $6.71 from $7.72. The company raised its full-year 2026 diluted EPS guidance to at least $20.10 and its adjusted EPS guidance to at least $27.00, and said it is accelerating targeted investments. For shareholders, the higher outlook comes alongside lower quarterly profit and a higher benefit expense ratio.

  • Operating revenue was $49.8 billion in the second quarter of 2026, up from $49.4 billion a year earlier.
  • Diluted EPS was $6.71 versus $7.72 a year earlier; adjusted diluted EPS was $7.45 versus $8.84.
  • Full-year 2026 diluted EPS guidance was raised to at least $20.10 and adjusted diluted EPS guidance to at least $27.00.
  • Full-year 2026 operating cash flow guidance was raised to at least $6.0 billion; a $1.72 quarterly dividend is payable September 25, 2026.
Read the filing on SEC.gov ↗
Apr 22, 6:02 AM ET

Elevance Health Q1 EPS falls to $8.00 on $935M CMS charge; raises adjusted guidance

Mixed earnings Written later 2.02

Elevance Health reported first quarter 2026 operating revenue of $49.5 billion, up 1.5% from a year earlier, while GAAP diluted EPS fell to $8.00 from $9.61 after a $935 million accrual related to a CMS notice. Adjusted diluted EPS rose 5.1% to $12.58, and the company raised its full-year 2026 adjusted EPS guidance to at least $26.75, though GAAP diluted EPS guidance is at least $19.85 including the CMS estimate.

  • Operating revenue was $49.5 billion, up 1.5% from the prior year quarter, driven by higher premium yields and CarelonRx product revenue.
  • Diluted EPS was $8.00 versus $9.61 a year earlier; adjusted diluted EPS was $12.58 versus $11.97.
  • The $935 million accrual reflects the company's current best estimate of potential exposure tied to a CMS notice dated February 27, 2026.
  • Full-year 2026 adjusted diluted EPS guidance was raised to at least $26.75; the company returned $1.5 billion to shareholders in the quarter and declared a $1.72 per share dividend payable June 25, 2026.
Read the filing on SEC.gov ↗
Feb 26, 2:59 PM ET

Elevance Health shifts Carelon oversight to CFO Kaye as president Haytaian exits

Neutral leadership Written later 5.027.01

Elevance Health announced management changes: CFO Mark Kaye will add oversight of Carelon, and Felicia Norwood will lead a consolidated Health Benefits organization. Carelon president Peter D. Haytaian leaves that role effective May 4, 2026, and will serve as Special Advisor through December 31, 2026. The company also reaffirmed its 2026 earnings and benefit expense ratio guidance, so the leadership changes come without a change to its outlook.

  • Peter D. Haytaian leaves his role as President of Carelon effective May 4, 2026, to devote more time to family commitments; he will serve as Special Advisor through December 31, 2026.
  • CFO Mark Kaye expands his responsibilities to include oversight of Carelon; Felicia Norwood assumes responsibility for the consolidated Health Benefits organization.
  • 2026 guidance reaffirmed: shareholders' earnings of at least $22.30 per diluted share, including about $3.20 per diluted share of net unfavorable items; adjusted earnings of at least $25.50 per diluted share.
  • Benefit expense ratio guidance for 2026 reaffirmed at 90.2% plus or minus 50 basis points.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Recent SEC filings

EDGAR ↗

Famous investors who own ELV

All investors →
InvestorValue% of portfolioLast quarter
Seth Klarman Baupost Group $493.14M9.11% No change
Renaissance Technologies $77.88M0.11% Added

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Trades disclosed by members of Congress

All ELV congressional trades →
TradedMemberTypeAmount
Aug 13, 2025Lisa McClain MI-09Sell$1,001 – $15,000
Aug 05, 2025Gilbert Cisneros CA-31Buy$1,001 – $15,000
Jan 13, 2025Valerie Hoyle OR-04Sell$1,001 – $15,000
Oct 29, 2024Valerie Hoyle OR-04Buy$1,001 – $15,000
Jul 10, 2025Lisa McClain MI-09Buy$1,001 – $15,000
Jun 24, 2025Lisa McClain MI-09Buy$1,001 – $15,000
May 12, 2025Jefferson Shreve IN-06Sell$15,001 – $50,000
May 30, 2025Gilbert Cisneros CA-31Sell$1,001 – $15,000

From House periodic transaction reports (STOCK Act); amounts are the form's ranges.

Insider transactions

All insider trades →
DateInsiderTypeSharesPriceValue
Nov 05Lavu Ratnakar
EVP & Chief Digital Info Ofr
Sell1.30K$440.00$572.00K
Oct 22Kaye Mark
EVP & CFO
Sell10.58K$440.13$4.66M
Oct 02Kaye Mark
EVP & CFO
Tax Withholding4.16K$386.43$1.61M

Prices are end-of-day and split-adjusted. Financial data from Elevance Health's SEC XBRL filings. Not investment advice.