Elevance Health (ELV) EBT Margin (2009 - 2026)
Elevance Health's (ELV) quarterly EBT Margin came in at 3.84% in Q2 2026, down 77.0% year-over-year from 16.69% in Q2 2025, and down 16.42% quarter-over-quarter from 4.59% in Q1 2026.
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Elevance Health (ELV) EBT Margin (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has reported EBT Margin for 18 consecutive years, with 3.84% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 77.0% year-over-year to 3.84% in Q2 2026; TTM through Jun 2026 was 2.91%, a 82.0% decrease from a year earlier, with the FY2025 full-year figure at 3.37%, down 110.0% from the prior year.
- EBT Margin was 3.84% for Q2 2026 at Elevance Health, down from 4.59% in the prior quarter.
- Over five years, EBT Margin peaked at 6.9% in Q1 2024 and troughed at 0.43% in Q4 2025.
- A 5-year average of 4.31% and a median of 4.6% in 2025 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin surged 121 bps in 2024 and sank 220 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 2.62% in 2022, then decreased by 10 bps to 2.35% in 2023, then plunged by 43 bps to 1.33% in 2024, then slumped by 68 bps to 0.43% in 2025, then soared by 788 bps to 3.84% in 2026.
- The last three EBT Margin figures came in at 3.84% (Q2 2026), 4.59% (Q1 2026), and 0.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.85 Bn | 321.39 Bn | 36.67 Bn | 6.22% |
| 2 | Cvs Health | 121.75 Bn | 107.79 Bn | 47.23 Bn | 3.75% |
| 3 | Elevance Health | 90.73 Bn | 54.78 Bn | 13.45 Bn | 3.84% |
| 4 | Cigna | 73.58 Bn | 66.32 Bn | 14.97 Bn | 3.15% |
| 5 | Humana | 48.24 Bn | 24.37 Bn | 5.50 Bn | 2.33% |
| 6 | Centene | 32.36 Bn | 5.31 Bn | 14.55 Bn | 2.77% |
| 7 | Molina Healthcare | 10.14 Bn | 1.23 Bn | 1.43 Bn | 0.84% |
| 8 | Oscar Health | 9.70 Bn | 1.14 Bn | 1.09 Bn | 7.85% |
| 9 | Corvel | 3.47 Bn | 3.13 Bn | - | - |
| 10 | Alignment Healthcare | 2.66 Bn | 1.96 Bn | 180.96 Mn | 2.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.84% |
| Mar 31, 2026 | 4.59% |
| Dec 31, 2025 | 0.43% |
| Sep 30, 2025 | 2.77% |
| Jun 30, 2025 | 4.60% |
| Mar 31, 2025 | 5.72% |
| Dec 31, 2024 | 1.33% |
| Sep 30, 2024 | 3.04% |
| Jun 30, 2024 | 6.80% |
| Mar 31, 2024 | 6.90% |
| Dec 31, 2023 | 2.35% |
| Sep 30, 2023 | 3.86% |
| Jun 30, 2023 | 5.59% |
| Mar 31, 2023 | 6.21% |
| Dec 31, 2022 | 2.62% |
| Sep 30, 2022 | 5.33% |
| Jun 30, 2022 | 5.49% |
| Mar 31, 2022 | 6.05% |
| Dec 31, 2021 | 4.02% |
| Sep 30, 2021 | 5.57% |