Elevance Health (ELV)
Health Care · Health insurance and managed care
Elevance Health is a diversified health insurer serving 45 million members through risk-based managed care plans, pharmacy, and integrated health services across medical, Medicaid, Medicare and commercial markets.
What Elevance Health does
Elevance Health is one of the largest health insurers in the United States, serving approximately 45.2 million medical members through affiliated health plans. The company operates across multiple business segments including risk-based managed care plans (Medical, Medicaid, Medicare, Individual and Employer Group), pharmacy services (CarelonRx), healthcare services (Carelon Services), and specialty services such as dental, vision, stop loss insurance and administrative services. Revenue is generated through risk-based premiums, administrative fees from self-funded employers, and various healthcare service fees.
Themes: ["Managed care / health insurance","Medicare and Medicaid","Pharmacy services","Integrated whole-health solutions","Care management","Behavioral health","Value-based care","Blue Cross and Blue Shield networks"]
Fundamentals
- Price$420.39 as of 2026-07-09 close
- Market cap$92.0B as of 2026-07-10
- 1-year return+19.1% as of 2026-07-09 close
- P/E17.55 as of 2026-07-10
- Net margin+2.6% as of 2026-07-10
- ROE+11.9% as of 2026-07-10
- Debt / equity0.73 as of 2026-07-10
- Revenue growth (YoY)+9.4% as of 2026-07-10
- Revenue CAGR (3y)+8.3% SEC XBRL
- Beta0.69 as of 2026-07-10
Dividend: yield +1.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Large exposure to government-funded programs (Medicaid and Medicare) which face regulatory changes and payment rate pressures","Significant medical claims liability and adverse claims experience could impact profitability","Regulatory and compliance risk across all 50 states plus D.C. and Puerto Rico with changing healthcare regulations"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.