Elevance Health (ELV) Invested Capital (2009 - 2026)

Elevance Health (ELV) reported Invested Capital of $75.0 billion for Q1 2026, up 3.69% year-over-year from $72.3 billion in Q1 2025, and down 1.0% quarter-over-quarter from $75.8 billion 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 $75.0 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $75.0 billion, up 3.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.0 billion (up 3.69% YoY), and the FY2025 annual result was $75.8 billion, up 4.82% from the prior year.
  • Invested Capital retreated to $75.0 billion in Q1 2026 per ELV's latest filing, from $75.8 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $75.8 billion in Q4 2025 and troughed at $35.9 billion in Q2 2022.
  • A 5-year average of $58.0 billion and a median of $63.1 billion in 2023 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2024 and 2025: Invested Capital slumped 30.7% in 2024, then jumped 77.61% in 2025.
  • A 5-year view of Invested Capital shows it stood at $60.2 billion in 2022, then gained by 6.85% to $64.3 billion in 2023, then climbed by 12.43% to $72.3 billion in 2024, then increased by 4.82% to $75.8 billion in 2025, then declined by 1.0% to $75.0 billion in 2026.
  • Business Quant data shows ELV's Invested Capital at $75.0 billion in Q1 2026, $75.8 billion in Q4 2025, and $44.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 110.37 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 80.22 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 75.02 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 43.97 Bn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 20.37 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 21.57 Bn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 4.08 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 2.06 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 530.50 Mn
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 339.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 75.02 Bn
Dec 31, 2025 75.78 Bn
Sep 30, 2025 44.11 Bn
Jun 30, 2025 73.65 Bn
Mar 31, 2025 72.35 Bn
Dec 31, 2024 72.29 Bn
Sep 30, 2024 43.90 Bn
Jun 30, 2024 69.73 Bn
Mar 31, 2024 40.74 Bn
Dec 31, 2023 64.30 Bn
Sep 30, 2023 63.36 Bn
Jun 30, 2023 63.15 Bn
Mar 31, 2023 37.49 Bn
Dec 31, 2022 60.18 Bn
Sep 30, 2022 58.78 Bn
Jun 30, 2022 35.91 Bn
Mar 31, 2022 36.08 Bn
Dec 31, 2021 58.90 Bn
Sep 30, 2021 58.22 Bn
Jun 30, 2021 35.07 Bn