Elevance Health (ELV) Free Cash Flow (2010 - 2026)
Elevance Health (ELV) posted quarterly Free Cash Flow of $1.6 billion for Q2 2026, down 9.01% year-over-year from $1.8 billion in Q2 2025, and down 60.31% quarter-over-quarter from $4.1 billion in Q1 2026.
Elevance Health (ELV) Free Cash Flow (2010 - 2026) Analysis & Trends
Elevance Health (ELV) has reported Free Cash Flow for 17 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow fell 9.01% year-over-year to $1.6 billion; the TTM figure through Jun 2026 stood at $6.3 billion (up 17.84% YoY), while the FY2025 annual figure was $3.2 billion, down 30.27% from the prior year.
- Free Cash Flow slipped to $1.6 billion in Q2 2026 per ELV's latest filing, from $4.1 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $6.2 billion in Q1 2023 and bottomed at -$3.3 billion in Q4 2023.
- Historically, Free Cash Flow has averaged $1.5 billion across 5 years, with a median of $1.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 236.34% — and 2025, when it jumped 1341.13%.
- Elevance Health's Free Cash Flow stood at -$1.8 billion in 2022, then sank by 81.55% to -$3.3 billion in 2023, then jumped by 111.65% to $384.0 million in 2024, then plunged by 154.43% to -$209.0 million in 2025, then jumped by 877.99% to $1.6 billion in 2026.
- Business Quant data shows ELV's Free Cash Flow at $1.6 billion in Q2 2026, $4.1 billion in Q1 2026, and -$209.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 10.25 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 5.65 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 1.63 Bn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 1.83 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 3.42 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | -324.00 Mn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 2.08 Bn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | -27.46 Mn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 24.51 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 44.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 Bn |
| Jun 30, 2026 | 1.63 Bn |
| Mar 31, 2026 | 4.10 Bn |
| Mar 31, 2026 | 4.10 Bn |
| Dec 31, 2025 | -209.00 Mn |
| Dec 31, 2025 | -209.00 Mn |
| Sep 30, 2025 | 775.00 Mn |
| Sep 30, 2025 | 775.00 Mn |
| Jun 30, 2025 | 1.79 Bn |
| Jun 30, 2025 | 1.79 Bn |
| Mar 31, 2025 | 821.00 Mn |
| Mar 31, 2025 | 821.00 Mn |
| Dec 31, 2024 | 384.00 Mn |
| Dec 31, 2024 | 384.00 Mn |
| Sep 30, 2024 | 2.35 Bn |
| Sep 30, 2024 | 2.35 Bn |
| Jun 30, 2024 | 124.00 Mn |
| Jun 30, 2024 | 124.00 Mn |
| Mar 31, 2024 | 1.70 Bn |
| Mar 31, 2024 | 1.70 Bn |