Elevance Health Inc.

Elevance Health Inc.verified

ELV

Price:

$554.5

Market Cap:

$128.58B

Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-10-30

Stock Exchange

NYSE

Ticker

ELV

The ROE as of September 2024 (TTM) for Elevance Health Inc. (ELV) is 16.67%

According to Elevance Health Inc.’s latest financial reports and current stock price. The company's current ROE is 16.67%. This represents a change of 303.82% compared to the average of 4.13% of the last 4 quarters.

Elevance Health Inc. (ELV) Historical ROE (quarterly & annually)

How has ELV ROE performed in the past?

The mean historical ROE of Elevance Health Inc. over the last ten years is 13.66%. The current 16.67% ROE has changed 22.01% with respect to the historical average. Over the past ten years (40 quarters), ELV's ROE was at its highest in in the June 2020 quarter at 6.61%. The ROE was at its lowest in in the September 2020 quarter at 0.65%.

Quarterly (TTM)
Annual

Average

13.66%

Median

14.14%

Minimum

9.84%

Maximum

17.08%

Elevance Health Inc. (ELV) ROE by Quarter and Year

Discovering the peaks and valleys of Elevance Health Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.36%

Maximum Annual ROE = 17.08%

Minimum Annual Increase = -11.43%

Minimum Annual ROE = 9.84%

Quarterly (TTM)
Annual
YearROEChange
202315.23%-6.17%
202216.23%-4.94%
202117.08%24.00%
202013.77%-9.10%
201915.15%15.31%
201813.14%-9.38%
201714.50%47.36%
20169.84%-11.43%
201511.11%4.84%
201410.60%5.40%

Elevance Health Inc. (ELV) Average ROE

How has ELV ROE performed in the past?

The current ROE of Elevance Health Inc. (ELV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.18%

5-year avg

15.49%

10-year avg

13.66%

Elevance Health Inc. (ELV) ROE vs. Peers

How is ELV’s ROE compared to its peers?

Elevance Health Inc.’s ROE is less than Cigna Corporation (5.37%), less than UnitedHealth Group Incorporated (16.36%), less than Centene Corporation (10.71%), less than Molina Healthcare, Inc. (24.39%), less than Humana Inc. (10.37%), less than CVS Health Corporation (9.60%), greater than Alignment Healthcare, Inc. (-101.84%),

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