Elevance Health (ELV) Gains from Equity Investments (2021 - 2026)
Elevance Health's Gains from Equity Investments came in at $541 million for Q3 2026, up 378.8% from $113 million a year earlier and up 106.5% from the prior quarter.
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Analysis
Elevance Health (ELV) Gains from Equity Investments (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Elevance Health reported Gains from Equity Investments of $1.26 billion, up 370.0% year-over-year; for FY2025, it came in at $398 million.
- Gains from Equity Investments carries a five-year compound annual growth rate of 50.8% (FY2020 to FY2025).
- Going back by year, Gains from Equity Investments was $1 million in FY2024, -$33 million in FY2023, $293 million in FY2022 (-47.9%) and $562 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Gains from Equity Investments in data going back to Q1 2021.
- Year-over-year, Gains from Equity Investments increased in four of the last five quarters, with growth averaging 442.0%.
- The fastest year-over-year change in Gains from Equity Investments over five years came in Q3 2025 (growth of 927.3%), and the weakest in Q3 2023 (a decline of 93.5%).
- Business Quant data shows ELV's Gains from Equity Investments at $262 million (Q2 2026), $305 million (Q1 2026) and $147 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 377.50 Bn | 256.07 Bn | 36.67 Bn |
| 2 | Cvs Health | 119.52 Bn | 71.93 Bn | 47.23 Bn |
| 3 | Mckesson | 118.78 Bn | 102.68 Bn | 3.69 Bn |
| 4 | Elevance Health | 95.38 Bn | -47.21 Bn | 13.65 Bn |
| 5 | Cigna | 80.69 Bn | 49.95 Bn | 14.97 Bn |
| 6 | Cencora | 63.96 Bn | 52.86 Bn | 3.61 Bn |
| 7 | Cardinal Health | 58.92 Bn | 42.76 Bn | 2.56 Bn |
| 8 | Humana | 50.48 Bn | -37.38 Bn | 5.50 Bn |
| 9 | Centene | 34.67 Bn | -55.69 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 10.66 Bn | -24.21 Bn | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 541.00 Mn |
| Jun 30, 2026 | 262.00 Mn |
| Mar 31, 2026 | 305.00 Mn |
| Dec 31, 2025 | 147.00 Mn |
| Sep 30, 2025 | 113.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 126.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | 11.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | -27.00 Mn |
| Dec 31, 2023 | 37.00 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | -43.00 Mn |
| Mar 31, 2023 | -30.00 Mn |
| Dec 31, 2022 | -11.00 Mn |
| Sep 30, 2022 | 46.00 Mn |
| Jun 30, 2022 | 105.00 Mn |
| Mar 31, 2022 | 153.00 Mn |
| Dec 31, 2021 | 125.00 Mn |
API Access
Elevance Health Gains from Equity Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "ticker": "ELV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();