Elevance Health (ELV) Amortization - Intangibles (2009 - 2026)
Elevance Health (ELV) recorded Amortization - Intangibles of $106 million in Q3 2026, down 34.6% from $162 million a year earlier and down 3.6% from the prior quarter.
Elevance Health (ELV) Amortization - Intangibles (2009 - 2026) Analysis & Trends
On a TTM basis, Elevance Health's Amortization - Intangibles came in at $492 million as of Sep 30, 2026, down 23.6% year-over-year; for FY2025, it was $628 million, up 8.3% from FY2024.
- Annual Amortization - Intangibles has a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- Across earlier years, Amortization - Intangibles came in at $580 million in FY2024 (-34.5%), $885 million in FY2023 (+15.4%), $767 million in FY2022 (+73.9%) and $441 million in FY2021 (+22.2%).
- The Q3 2026 figure is the lowest quarterly Amortization - Intangibles since Q2 2021.
- On a year-over-year basis, Amortization - Intangibles has declined for four consecutive quarters, with an average decline of 7.0% over the last eight quarters.
- Peak year-over-year performance for Amortization - Intangibles in the last five years was growth of 84.4% in Q2 2022, against a decline of 50.6% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $110 million (Q2 2026), $112 million (Q1 2026) and $164 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 362.93 Bn | 249.60 Bn | 35.71 Bn |
| 2 | Mckesson | 125.16 Bn | 109.10 Bn | 3.96 Bn |
| 3 | Cvs Health | 113.93 Bn | 62.88 Bn | 47.21 Bn |
| 4 | Elevance Health | 92.83 Bn | -49.64 Bn | 13.65 Bn |
| 5 | Cigna | 79.88 Bn | 49.09 Bn | 15.09 Bn |
| 6 | Cencora | 66.55 Bn | 66.55 Bn | 3.60 Bn |
| 7 | Cardinal Health | 64.00 Bn | 47.32 Bn | 2.60 Bn |
| 8 | Humana | 52.60 Bn | -38.18 Bn | 4.83 Bn |
| 9 | Centene | 34.53 Bn | -39.52 Bn | 8.24 Bn |
| 10 | Molina Healthcare | 10.74 Bn | -24.26 Bn | 1.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 106.00 Mn |
| Jun 30, 2026 | 110.00 Mn |
| Mar 31, 2026 | 112.00 Mn |
| Dec 31, 2025 | 164.00 Mn |
| Sep 30, 2025 | 162.00 Mn |
| Jun 30, 2025 | 147.00 Mn |
| Mar 31, 2025 | 155.00 Mn |
| Dec 31, 2024 | 180.00 Mn |
| Sep 30, 2024 | 122.00 Mn |
| Jun 30, 2024 | 162.00 Mn |
| Mar 31, 2024 | 116.00 Mn |
| Dec 31, 2023 | 217.00 Mn |
| Sep 30, 2023 | 212.00 Mn |
| Jun 30, 2023 | 221.00 Mn |
| Mar 31, 2023 | 235.00 Mn |
| Dec 31, 2022 | 247.00 Mn |
| Sep 30, 2022 | 225.00 Mn |
| Jun 30, 2022 | 166.00 Mn |
| Mar 31, 2022 | 129.00 Mn |
| Dec 31, 2021 | 135.00 Mn |
Elevance Health Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=ELV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "ELV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();