Elevance Health (ELV) Capital Expenditures (2009 - 2026)
Elevance Health's Capital Expenditures was $267 million in Q3 2026, down 25.8% from $360 million a year earlier and down 7.0% from the prior quarter.
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Analysis
Elevance Health (ELV) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Elevance Health's Capital Expenditures was $1.08 billion through Sep 30, 2026, down 5.5% year-over-year; for FY2025, it was $1.12 billion, down 11.1% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $1.26 billion in FY2024 (-3.1%), $1.3 billion in FY2023 (+12.5%), $1.15 billion in FY2022 (+6.0%) and $1.09 billion in FY2021 (+6.5%).
- Quarterly Capital Expenditures has moved between $196 million (Q1 2025) and $360 million (Q3 2025) over five years.
- Compared with a year earlier, Capital Expenditures was higher in three of the last eight quarters, with an average decline of 5.9%.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2022 (growth of 24.5%); the worst was Q1 2025 (a decline of 29.7%).
- Per Business Quant data, ELV's Capital Expenditures in the three quarters before Q3 2026 was $287 million (Q2 2026), $235 million (Q1 2026) and $293 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 362.93 Bn | 249.60 Bn | 35.71 Bn | 859.00 Mn |
| 2 | Mckesson | 125.16 Bn | 109.10 Bn | 3.96 Bn | 65.00 Mn |
| 3 | Cvs Health | 113.93 Bn | 62.88 Bn | 47.21 Bn | 817.00 Mn |
| 4 | Elevance Health | 92.83 Bn | -49.64 Bn | 13.65 Bn | 267.00 Mn |
| 5 | Cigna | 79.88 Bn | 49.09 Bn | 15.09 Bn | 278.00 Mn |
| 6 | Cencora | 66.55 Bn | 66.55 Bn | 3.60 Bn | 398.47 Mn |
| 7 | Cardinal Health | 64.00 Bn | 47.32 Bn | 2.60 Bn | 157.00 Mn |
| 8 | Humana | 52.60 Bn | -38.18 Bn | 4.83 Bn | 137.00 Mn |
| 9 | Centene | 34.53 Bn | -39.52 Bn | 8.24 Bn | 213.00 Mn |
| 10 | Molina Healthcare | 10.74 Bn | -24.26 Bn | 1.36 Bn | 37.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 267.00 Mn |
| Jun 30, 2026 | 287.00 Mn |
| Mar 31, 2026 | 235.00 Mn |
| Dec 31, 2025 | 293.00 Mn |
| Sep 30, 2025 | 360.00 Mn |
| Jun 30, 2025 | 267.00 Mn |
| Mar 31, 2025 | 196.00 Mn |
| Dec 31, 2024 | 322.00 Mn |
| Sep 30, 2024 | 332.00 Mn |
| Jun 30, 2024 | 323.00 Mn |
| Mar 31, 2024 | 279.00 Mn |
| Dec 31, 2023 | 326.00 Mn |
| Sep 30, 2023 | 319.00 Mn |
| Jun 30, 2023 | 350.00 Mn |
| Mar 31, 2023 | 301.00 Mn |
| Dec 31, 2022 | 298.00 Mn |
| Sep 30, 2022 | 305.00 Mn |
| Jun 30, 2022 | 295.00 Mn |
| Mar 31, 2022 | 254.00 Mn |
| Dec 31, 2021 | 340.00 Mn |
API Access
Elevance Health Capital Expenditures 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=capital-expenditures&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();