Elevance Health (ELV) EBT Margin (2009 - 2026)
Elevance Health (ELV) reported EBT Margin of 4.66% for Q1 2026, down 107.0% year-over-year from 66.5% in Q1 2025, and up 1494.32% quarter-over-quarter from 0.29% in Q4 2025.
Elevance Health (ELV) EBT Margin (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has 18 years of EBT Margin data on file, last reported at 4.66% in Q1 2026.
- EBT Margin for Q1 2026 came in at 4.66%, down 107.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.9% (down 136.0% YoY), and the FY2025 annual result was 3.4%, down 107.0% from the prior year.
- EBT Margin improved to 4.66% in Q1 2026 per ELV's latest filing, from 0.29% in the prior quarter.
- Over five years, EBT Margin peaked at 7.03% in Q1 2022 and troughed at 0.29% in Q4 2025.
- A 5-year average of 4.5% and a median of 4.69% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 275 bps in 2022, then surged 118 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 1.83% in 2022, then soared by 32 bps to 2.41% in 2023, then tumbled by 45 bps to 1.33% in 2024, then tumbled by 78 bps to 0.29% in 2025, then surged by 1494 bps to 4.66% in 2026.
- Business Quant data shows ELV's EBT Margin at 4.66% in Q1 2026, 0.29% in Q4 2025, and 3.36% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 7.13% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 11.65% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 4.66% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 23.13% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 4.23% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 4.20% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.27% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 12,220.58% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 0.93% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 3.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.66% |
| Dec 31, 2025 | 0.29% |
| Sep 30, 2025 | 3.36% |
| Jun 30, 2025 | 4.64% |
| Mar 31, 2025 | 5.72% |
| Dec 31, 2024 | 1.33% |
| Sep 30, 2024 | 3.07% |
| Jun 30, 2024 | 6.91% |
| Mar 31, 2024 | 6.90% |
| Dec 31, 2023 | 2.41% |
| Sep 30, 2023 | 4.69% |
| Jun 30, 2023 | 6.67% |
| Mar 31, 2023 | 6.21% |
| Dec 31, 2022 | 1.83% |
| Sep 30, 2022 | 5.33% |
| Jun 30, 2022 | 5.49% |
| Mar 31, 2022 | 7.03% |
| Dec 31, 2021 | 4.21% |
| Sep 30, 2021 | 5.57% |
| Jun 30, 2021 | 8.25% |