Elevance Health (ELV) FCF Margin (2010 - 2026)
Elevance Health (ELV) reported FCF Margin of 8.28% for Q1 2026, up 660.0% year-over-year from 1.09% in Q1 2025, and up 3016.43% quarter-over-quarter from 0.28% in Q4 2025.
Elevance Health (ELV) FCF Margin (2010 - 2026) Analysis & Trends
Elevance Health (ELV) has 17 years of FCF Margin data on file, last reported at 8.28% in Q1 2026.
- FCF Margin for Q1 2026 came in at 8.28%, up 660.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.01% (up 99.0% YoY), and the FY2025 annual result was 1.61%, down 97.0% from the prior year.
- FCF Margin grew to 8.28% in Q1 2026 per ELV's latest filing, from 0.28% in the prior quarter.
- Over five years, FCF Margin peaked at 14.63% in Q1 2023 and troughed at 7.94% in Q4 2023.
- A 5-year average of 3.77% and a median of 3.99% in 2024 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 879 bps in 2024 and fell as far as 1064 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 3.19% in 2022, then slumped by 149 bps to 7.94% in 2023, then jumped by 111 bps to 0.85% in 2024, then tumbled by 134 bps to 0.28% in 2025, then jumped by 3016 bps to 8.28% in 2026.
- Business Quant data shows ELV's FCF Margin at 8.28% in Q1 2026, 0.28% in Q4 2025, and 1.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 7.29% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 10.06% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 8.28% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 3.00% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 8.34% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 9.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 45,648.58% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 9.89% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 14.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.28% |
| Dec 31, 2025 | -0.28% |
| Sep 30, 2025 | 1.85% |
| Jun 30, 2025 | 3.62% |
| Mar 31, 2025 | 1.68% |
| Dec 31, 2024 | 0.85% |
| Sep 30, 2024 | 5.24% |
| Jun 30, 2024 | 0.29% |
| Mar 31, 2024 | 3.99% |
| Dec 31, 2023 | -7.94% |
| Sep 30, 2023 | 6.51% |
| Jun 30, 2023 | 4.37% |
| Mar 31, 2023 | 14.63% |
| Dec 31, 2022 | -3.19% |
| Sep 30, 2022 | 11.57% |
| Jun 30, 2022 | 5.58% |
| Mar 31, 2022 | 6.98% |
| Dec 31, 2021 | 3.82% |
| Sep 30, 2021 | 6.27% |
| Jun 30, 2021 | 4.90% |