Elevance Health (ELV) Free Cash Flow (2010 - 2026)
Elevance Health's (ELV) quarterly Free Cash Flow came in at $1.6 billion in Q2 2026, down 9.01% year-on-year from $1.8 billion in Q2 2025, and down 60.31% on a QoQ basis from $4.1 billion in Q1 2026.
Elevance Health (ELV) Free Cash Flow (2010 - 2026) Analysis & Trends
Elevance Health (ELV) has 17 years of Free Cash Flow data on file, last reported at $1.6 billion in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 9.01% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $6.3 billion, a 17.84% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, down 30.27% from the prior year.
- Free Cash Flow for Q2 2026 stood at $1.6 billion, down from $4.1 billion in the prior quarter.
- Over the last five years, Free Cash Flow for ELV reached as high as $6.2 billion in Q1 2023 and fell as low as -$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.
- Across the five-year window, Free Cash Flow tumbled 236.34% in 2022 and surged 1341.13% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$1.8 billion in 2022, then sank by 81.55% to -$3.3 billion in 2023, then soared by 111.65% to $384.0 million in 2024, then plunged by 154.43% to -$209.0 million in 2025, then soared by 877.99% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $1.6 billion in Q2 2026, $4.1 billion in Q1 2026, and -$209.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 8.15 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 3.40 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 1.63 Bn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 864.00 Mn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 1.13 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 4.17 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | -324.00 Mn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 2.61 Bn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 128.59 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 45.14 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 |