Elevance Health, Inc.
ELVNYSEHospital & Medical Service PlansFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 15/3014% below fair value
$413.60−6.47 (-1.54%)
Close on Nov 2, 2026Market cap $89.70BP/E 18.4Yield –
Elevance Health Health Benefits — GAAP Operating Margin by Year
Health Benefits — GAAP Operating Margin (%) (%)
Elevance Health Health Benefits — GAAP Operating Margin: 2.5% in FY2025, down 1.7 pts from a year earlier.
Latest, FY2025
2.5%
Period ended Dec 31, 2025
Change on a year earlier
-1.7 pts
4.2% in FY2024
History
5 years
Since FY2021
Sources
4
Documents cited below
Where the FY2025 figure comes from
“|| Health Benefits | (0.5 | %) | 0.6 | % | (110) bp | 2.5 | % | 4.2 | % | (170) bp”
Source: 8-K ER (FY2025Q4, 2026-01-28) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Health Benefits — GAAP Operating Margin (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.5% | -1.7 pts | 8-K ER (FY2025Q4, 2026-01-28) ↗ |
| FY2024 | Dec 31, 2024 | 4.2% | -0.4 pts | 8-K ER (FY2025Q4, 2026-01-28) ↗ |
| FY2023 | Dec 31, 2023 | 4.6% | +0.3 pts | 8-K ER (FY2024Q4, 2025-01-23) ↗ |
| FY2022 | Dec 31, 2022 | 4.3% | -0.2 pts | 8-K ER (FY2023Q4, 2024-01-24) ↗ |
| FY2021 | Dec 31, 2021 | 4.5% | – | 8-K ER (FY2022Q4, 2023-01-25) ↗ |
Cite this data
StockData. (2026). Elevance Health Health Benefits — GAAP Operating Margin (%), annual FY2021–FY2025 [Data set]. Compiled from Elevance Health SEC filings and investor materials. https://stockdatahq.com/stocks/elv/kpis/seg-margin-health-benefits
See every metric in the Elevance Health KPI table. Data updated Oct 28, 2026.