Elevance Health (ELV) Debt to Equity (2009 - 2026)

Elevance Health (ELV) reported Debt to Equity of $0.72 for Q1 2026, up 2.75% year-over-year from $0.7 in Q1 2025, and up 1.71% quarter-over-quarter from $0.71 in Q4 2025.

Elevance Health (ELV) Debt to Equity (2009 - 2026) Analysis & Trends

Elevance Health (ELV) has 18 years of Debt to Equity data on file, last reported at $0.72 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.72, up 2.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.72 (up 2.75% YoY), and the FY2025 annual result was $0.71, down 1.24% from the prior year.
  • Debt to Equity grew to $0.72 in Q1 2026 per ELV's latest filing, from $0.71 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.72 in Q3 2025 and troughed at $0.56 in Q1 2022.
  • A 5-year average of $0.65 and a median of $0.65 in 2022 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity declined 18.39% in 2022, then advanced 20.34% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.66 in 2022, then decreased by 3.76% to $0.63 in 2023, then climbed by 13.03% to $0.71 in 2024, then declined by 1.24% to $0.71 in 2025, then increased by 1.71% to $0.72 in 2026.
  • Business Quant data shows ELV's Debt to Equity at $0.72 in Q1 2026, $0.71 in Q4 2025, and $0.72 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 0.75
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 0.81
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 0.72
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 0.73
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 0.75
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 0.76
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 0.92
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 0.26
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 1.56
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.72
Dec 31, 2025 0.71
Sep 30, 2025 0.72
Jun 30, 2025 0.68
Mar 31, 2025 0.70
Dec 31, 2024 0.71
Sep 30, 2024 0.61
Jun 30, 2024 0.59
Mar 31, 2024 0.61
Dec 31, 2023 0.63
Sep 30, 2023 0.62
Jun 30, 2023 0.65
Mar 31, 2023 0.67
Dec 31, 2022 0.66
Sep 30, 2022 0.60
Jun 30, 2022 0.65
Mar 31, 2022 0.56
Dec 31, 2021 0.63
Sep 30, 2021 0.63
Jun 30, 2021 0.64