Elevance Health (ELV) Debt Ratio (2009 - 2026)
Elevance Health's Debt Ratio came in at 0.24 for Q3 2026, down 8.0% from 0.26 a year earlier and down 2.0% from the prior quarter.
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Analysis
Elevance Health (ELV) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Elevance Health's Debt Ratio was 0.26, down 1.3% from FY2024.
- Going back by year, Debt Ratio was 0.27 in FY2024 (+15.9%), 0.23 in FY2023 (-1.7%), 0.23 in FY2022 (-0.7%) and 0.24 in FY2021 (+2.2%).
- The Q3 2026 figure represents the lowest quarterly Debt Ratio since Q3 2024.
- Year-over-year, Debt Ratio increased in five of the last eight quarters, with growth averaging 3.3%.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2024 (growth of 15.9%), and the weakest in Q3 2026 (a decline of 8.0%).
- Business Quant data shows ELV's Debt Ratio at 0.25 (Q2 2026), 0.25 (Q1 2026) and 0.26 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 362.93 Bn | 249.60 Bn | 35.71 Bn | 0.24 |
| 2 | Mckesson | 125.16 Bn | 109.10 Bn | 3.96 Bn | 0.10 |
| 3 | Cvs Health | 113.93 Bn | 62.88 Bn | 47.21 Bn | 0.24 |
| 4 | Elevance Health | 92.83 Bn | -49.64 Bn | 13.65 Bn | 0.24 |
| 5 | Cigna | 79.88 Bn | 49.09 Bn | 15.09 Bn | 0.20 |
| 6 | Cencora | 66.55 Bn | 66.55 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 64.00 Bn | 47.32 Bn | 2.60 Bn | 0.15 |
| 8 | Humana | 52.60 Bn | -38.18 Bn | 4.83 Bn | 0.22 |
| 9 | Centene | 34.53 Bn | -39.52 Bn | 8.24 Bn | 0.23 |
| 10 | Molina Healthcare | 10.74 Bn | -24.26 Bn | 1.36 Bn | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.24 |
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.25 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.24 |
API Access
Elevance Health Debt Ratio 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=debt-ratio&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();