Elevance Health (ELV) EBIT Margin (2009 - 2026)
Elevance Health (ELV) reported EBIT Margin of -69.97% for Q3 2026, up 2.47 percentage points from -72.44% a year earlier but down 0.46 percentage points from the prior quarter.
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Analysis
Elevance Health (ELV) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Elevance Health's EBIT Margin came in at -70.47%, down 0.38 percentage points year-over-year; for FY2025, it came in at -71.07%, down 3.47 percentage points from FY2024.
- EBIT Margin has a five-year change of -3.94 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at -67.60% in FY2024 (+0.46 pp), -68.06% in FY2023 (+1.57 pp), -69.63% in FY2022 (-1.42 pp) and -68.22% in FY2021 (-1.09 pp).
- Five-year quarterly EBIT Margin spans a low of -76.08% in Q4 2025 and a high of -62.86% in Q2 2024.
- Year over year, EBIT Margin gained in two of the last eight quarters, with an average year-over-year change of -1.64 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q2 2024 (a gain of 3.92 percentage points); the low point was Q2 2025 (a drop of 6.28 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -69.51% (Q2 2026), -66.38% (Q1 2026) and -76.08% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn | 5.82% |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn | 1.45% |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn | 3.29% |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn | 4.18% |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn | 3.25% |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn | 1.32% |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn | 1.12% |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn | 3.33% |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn | -0.61% |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn | 0.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.18% |
| Jun 30, 2026 | 4.56% |
| Mar 31, 2026 | 5.30% |
| Dec 31, 2025 | 1.17% |
| Sep 30, 2025 | 3.46% |
| Jun 30, 2025 | 5.29% |
| Mar 31, 2025 | 6.42% |
| Dec 31, 2024 | 2.08% |
| Sep 30, 2024 | 3.71% |
| Jun 30, 2024 | 7.44% |
| Mar 31, 2024 | 7.53% |
| Dec 31, 2023 | 2.95% |
| Sep 30, 2023 | 4.46% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 6.81% |
| Dec 31, 2022 | 3.19% |
| Sep 30, 2022 | 5.86% |
| Jun 30, 2022 | 6.03% |
| Mar 31, 2022 | 6.58% |
| Dec 31, 2021 | 4.57% |
API Access
Elevance Health EBIT Margin 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=ebit-margin&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();