US · USD

ELV

Elevance Health Inc

$381.67-1.84% (-$7.15)
Day's range
$375.74 – $390.37
Day's volume
$410.8M
52-week range
$276.69 – $424.94

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ELV in numbers

Market cap
$82.8B
P/E
16.68
P/B
1.84
Dividend yield (12m)
1.80%
Net debt/EBITDA
2.99

The 12-month dividend yield of ELV is 1.80%, above its 5-year average of 1.39%.

ELV price history

10/02/202510/01/2026
Compare with

ELV risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+22.72%-10.84%-5.63%
Volatility (annualized)33.29%31.74%28.40%
Largest drawdown-15.97%-48.36%-48.36%
Positive months6/1221/3631/60

How much did investing in ELV return?

$1,000.00 invested on 09/01/2021 would be worth $1,122.09 today.

Value today in ELV
$1,122.09
Return over the period
+12.21%
Return per year
+2.33%
In the S&P 500
$1,776.31

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

ELV fundamentals

Valuation

  • P/E
    16.68
  • P/B
    1.84
  • EV/EBITDA
    14.87
  • EV/EBIT
    19.00
  • EV/Revenue
    0.52
  • P/EBIT
    15.18
  • P/S
    0.41
  • P/OCF
    11.09
  • P/FCF
    13.16
  • Earnings yield
    5.26%
  • PEG ratio
    —
  • Earnings per share
    $22.88
  • Book value per share
    $206.96

Debt

  • Net debt
    $20.8B
  • Net debt/EBITDA
    2.99
  • Net debt/Equity
    0.46
  • Debt/Equity
    0.69
  • Current ratio
    1.52
  • Quick ratio
    —
  • Cash ratio
    0.23

Efficiency

  • Gross margin
    89.13%
  • EBITDA margin
    3.46%
  • Operating margin
    2.71%
  • Net margin
    2.47%
  • Asset turnover
    1.59

Profitability

  • ROE
    11.06%
  • ROA
    3.93%
  • ROIC
    7.00%
  • Payout
    30.02%

Growth

  • Revenue CAGR (5 years)
    9.25%
  • Earnings CAGR (5 years)
    3.24%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is ELV's fair price?

Two classic value formulas, with today's numbers. The current price is $381.67.

Graham's fair price
$326.44
14.47% below the price

√(22.50 × $22.88 × $206.96)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$96.40
74.74% below the price

$5.78 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

ELV's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E13.6614.0318.3320.6718.1617.2015.8518.00
P/B1.762.032.793.363.102.372.402.36
EV/EBITDA11.4311.5412.5313.9114.7112.4012.8712.73
Dividend yield1.95%1.77%1.26%1.00%0.98%1.18%1.06%1.14%
Earnings per share$25.65$26.30$25.73$24.82$25.52$18.67$19.05$14.59
Book value per share$198.83$181.72$168.94$152.63$149.58$135.56$125.74$111.05
ROE12.90%14.47%15.23%16.26%17.06%13.77%15.15%13.14%
ROIC9.14%9.24%11.40%12.11%10.66%9.76%10.19%9.02%
Gross margin89.36%88.84%89.91%91.68%92.14%92.65%98.09%100.00%
EBITDA margin4.39%5.23%5.98%6.36%6.39%6.17%6.84%7.12%
Net margin2.84%3.38%3.49%3.76%4.44%3.75%4.61%4.07%
Net debt/EBITDA2.582.481.821.682.081.942.182.44

ELV's financial statements

Line202520242023202220212020
Net revenue$199.1B$177B$171.3B$156.6B$138.6B$121.9B
Cost of revenue-$21.2B-$19.8B-$17.3B-$13B-$10.9B-$9B
Gross profit$177.9B$157.3B$154B$143.6B$127.7B$112.9B
EBITDA$8.7B$9.3B$10.2B$10B$8.9B$7.5B
EBIT$7.2B$7.9B$8.5B$8.3B$7.6B$6.4B
Financial result——————
Income before tax$6.7B$7.9B$7.7B$7.6B$8B$6.2B
Income tax-$1B-$1.9B-$1.7B-$1.7B-$1.8B-$1.7B
Net income$5.7B$6B$6B$5.9B$6.2B$4.6B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does ELV pay dividends?

Dividend yield per year

  • 1.20%2017
  • 1.14%2018
  • 1.06%2019
  • 1.18%2020
  • 0.98%2021
  • 1.00%2022
  • 1.26%2023
  • 1.77%2024
  • 1.95%2025
  • 1.35%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend09/09/202609/25/2026$1.72
Dividend06/09/202606/25/2026$1.72
Dividend03/09/202603/25/2026$1.72
Dividend12/04/202512/19/2025$1.71
Dividend09/09/202509/25/2025$1.71
Dividend06/09/202506/25/2025$1.71
Dividend03/07/202503/25/2025$1.71
Dividend12/04/202412/20/2024$1.63
Dividend09/09/202409/25/2024$1.63
Dividend06/07/202406/25/2024$1.63
Dividend03/06/202403/22/2024$1.63
Dividend12/04/202312/21/2023$1.48
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend09/06/202309/22/2023$1.48
Dividend06/07/202306/23/2023$1.48
Dividend03/08/202303/24/2023$1.48
Dividend12/01/202212/21/2022$1.28
Dividend09/07/202209/23/2022$1.28
Dividend06/08/202206/24/2022$1.28
Dividend03/08/202203/25/2022$1.28
Dividend12/01/202112/21/2021$1.13
Dividend09/08/202109/24/2021$1.13
Dividend06/08/202106/25/2021$1.13
Dividend03/08/202103/25/2021$1.13
Dividend12/03/202012/22/2020$0.95
Dividend09/08/202009/25/2020$0.95
Dividend06/08/202006/25/2020$0.95
Dividend03/12/202003/27/2020$0.95
Dividend12/03/201912/20/2019$0.80
Dividend09/06/201909/25/2019$0.80
Dividend06/06/201906/25/2019$0.80
Dividend03/14/201903/29/2019$0.80
Dividend12/03/201812/21/2018$0.75
Dividend09/06/201809/25/2018$0.75
Dividend06/06/201806/25/2018$0.75
Dividend03/07/201803/23/2018$0.75
Dividend12/01/201712/21/2017$0.70
Dividend09/06/201709/25/2017$0.70
Dividend06/06/201706/23/2017$0.65
Dividend03/07/201703/24/2017$0.65
Dividend11/30/201612/21/2016$0.65

About Elevance Health

Sector
Finance, insurance and real estate

Questions about ELV

How much is ELV today?

ELV is at $381.67 (-1.84% on the day), last traded on 10/01/2026.

How much did ELV pay in dividends in 2025?

ELV paid $6.84 per share in 2025, a dividend yield of 1.95%.

What are the P/E and P/B of ELV?

ELV trades at a P/E of 16.68 and a P/B of 1.84.

How much did ELV return in 12 months?

ELV returned 22.72% in 12 months, with annualized volatility of 33.29% and a largest drawdown of -15.97%.