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
DateValue
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