Cash Flow Statement
Growth Metrics

Elevance Health (ELV) Gross Margin (2016 - 2025)

Elevance Health (ELV) has disclosed Gross Margin for 17 consecutive years, with 88.8% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 6252.0% to 88.8% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 74.03% through Dec 2025, up 1817.0% year-over-year, with the annual reading at 89.28% for FY2025, 6135.0% up from the prior year.
  • Gross Margin for Q4 2025 was 88.8% at Elevance Health, down from 89.39% in the prior quarter.
  • The five-year high for Gross Margin was 91.85% in Q3 2021, with the low at 156.68% in Q4 2023.
  • Average Gross Margin over 5 years is 47.91%, with a median of 53.28% recorded in 2022.
  • The sharpest move saw Gross Margin crashed -23467bps in 2023, then skyrocketed 18296bps in 2024.
  • Over 5 years, Gross Margin stood at 90.02% in 2021, then decreased by -13bps to 77.99% in 2022, then crashed by -301bps to 156.68% in 2023, then skyrocketed by 117bps to 26.28% in 2024, then skyrocketed by 238bps to 88.8% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 88.8%, 89.39%, and 89.29% for Q4 2025, Q3 2025, and Q2 2025 respectively.