Elevance Health (ELV) EBITDA Margin (2009 - 2026)
Elevance Health's (ELV) quarterly EBITDA Margin came in at 1.39% in Q2 2026, up 42.0% year-over-year from 0.98% in Q2 2025, and down 8.51% quarter-over-quarter from 1.52% in Q1 2026.
Analysis
Elevance Health (ELV) EBITDA Margin (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has reported EBITDA Margin for 18 consecutive years, with 1.39% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 42.0% year-over-year to 1.39% in Q2 2026; TTM through Jun 2026 was 1.29%, a 15.0% increase from a year earlier, with the FY2025 full-year figure at 1.1%, down 6.0% from the prior year.
- EBITDA Margin was 1.39% for Q2 2026 at Elevance Health, down from 1.52% in the prior quarter.
- Over five years, EBITDA Margin peaked at 1.52% in Q1 2026 and troughed at 0.92% in Q1 2023.
- A 5-year average of 1.11% and a median of 1.12% in 2023 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin dropped 20 bps in 2022 and soared 42 bps in 2026, its largest moves.
- Over 5 years, EBITDA Margin stood at 0.93% in 2022, then surged by 33 bps to 1.24% in 2023, then slipped by 7 bps to 1.16% in 2024, then fell by 15 bps to 0.99% in 2025, then surged by 41 bps to 1.39% in 2026.
- The last three EBITDA Margin figures came in at 1.39% (Q2 2026), 1.52% (Q1 2026), and 0.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.85 Bn | 321.39 Bn | 36.67 Bn | 7.13% |
| 2 | Cvs Health | 121.75 Bn | 107.79 Bn | 47.23 Bn | 4.43% |
| 3 | Elevance Health | 90.73 Bn | 54.78 Bn | 13.45 Bn | 1.39% |
| 4 | Cigna | 73.58 Bn | 66.32 Bn | 14.97 Bn | 3.73% |
| 5 | Humana | 48.24 Bn | 24.37 Bn | 5.50 Bn | 3.77% |
| 6 | Centene | 32.36 Bn | 5.31 Bn | 14.55 Bn | 2.50% |
| 7 | Molina Healthcare | 10.14 Bn | 1.23 Bn | 1.43 Bn | 1.33% |
| 8 | Oscar Health | 9.70 Bn | 1.14 Bn | 1.09 Bn | 7.96% |
| 9 | Corvel | 3.47 Bn | 3.13 Bn | - | - |
| 10 | Alignment Healthcare | 2.66 Bn | 1.96 Bn | 180.96 Mn | 3.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39% |
| Mar 31, 2026 | 1.52% |
| Dec 31, 2025 | 0.99% |
| Sep 30, 2025 | 1.23% |
| Jun 30, 2025 | 0.98% |
| Mar 31, 2025 | 1.21% |
| Dec 31, 2024 | 1.16% |
| Sep 30, 2024 | 1.22% |
| Jun 30, 2024 | 1.16% |
| Mar 31, 2024 | 1.09% |
| Dec 31, 2023 | 1.24% |
| Sep 30, 2023 | 1.15% |
| Jun 30, 2023 | 0.95% |
| Mar 31, 2023 | 0.92% |
| Dec 31, 2022 | 0.93% |
| Sep 30, 2022 | 0.93% |
| Jun 30, 2022 | 0.99% |
| Mar 31, 2022 | 0.95% |
| Dec 31, 2021 | 0.96% |
| Sep 30, 2021 | 0.94% |