Elevance Health (ELV) Invested Capital (2009 - 2026)
Elevance Health's (ELV) quarterly Invested Capital came in at $724.0 million in Q1 2026, up 189.6% year-on-year from $250.0 million in Q1 2025, and up 382.67% on a QoQ basis from $150.0 million in Q4 2025.
Elevance Health (ELV) Invested Capital (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has 18 years of Invested Capital data on file, last reported at $724.0 million in Q1 2026.
- On a quarterly basis, Invested Capital rose 189.6% year-over-year to $724.0 million in Q1 2026; TTM through Jun 2026 was $1.1 billion, a 65.72% decrease from a year earlier, with the FY2025 full-year figure at $150.0 million, down 58.9% from the prior year.
- Invested Capital for Q1 2026 stood at $724.0 million, up from $150.0 million in the prior quarter.
- Over the last five years, Invested Capital for ELV reached as high as $3.1 billion in Q1 2022 and fell as low as $150.0 million in Q4 2025.
- Historically, Invested Capital has averaged $1.1 billion across 5 years, with a median of $365.0 million in 2024.
- Across the five-year window, Invested Capital jumped 1184.57% in 2022 and slumped 91.44% in 2023, its largest moves.
- Year by year, Invested Capital stood at $265.0 million in 2022, then fell by 15.09% to $225.0 million in 2023, then jumped by 62.22% to $365.0 million in 2024, then tumbled by 58.9% to $150.0 million in 2025, then surged by 382.67% to $724.0 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $724.0 million in Q1 2026, $150.0 million in Q4 2025, and $180.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 6.48 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 2.58 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | - |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 1.53 Bn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 1.72 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 63.00 Mn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | - |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | - |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | - |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 724.00 Mn |
| Dec 31, 2025 | 150.00 Mn |
| Sep 30, 2025 | 180.00 Mn |
| Jun 30, 2025 | 360.00 Mn |
| Mar 31, 2025 | 250.00 Mn |
| Dec 31, 2024 | 365.00 Mn |
| Sep 30, 2024 | 2.10 Bn |
| Jun 30, 2024 | 2.90 Bn |
| Mar 31, 2024 | 1.58 Bn |
| Dec 31, 2023 | 225.00 Mn |
| Sep 30, 2023 | 799.00 Mn |
| Jun 30, 2023 | 265.00 Mn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | 265.00 Mn |
| Sep 30, 2022 | 2.25 Bn |
| Jun 30, 2022 | 2.25 Bn |
| Mar 31, 2022 | 3.10 Bn |
| Dec 31, 2021 | 1.60 Bn |
| Sep 30, 2021 | 849.00 Mn |
| Jun 30, 2021 | 175.00 Mn |