Elevance Health (ELV) Market Capitalization (2009 - 2026)
Elevance Health (ELV) recorded Market Capitalization of $83.86 billion in Q2 2026, down 4.1% from $87.45 billion a year earlier but up 31.8% from the prior quarter.
Elevance Health (ELV) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Elevance Health reported Market Capitalization of $77.37 billion, down 7.8% from FY2024.
- Annual Market Capitalization has declined for three straight years, with a five-year compound annual growth rate of -0.4% (FY2020 to FY2025).
- Across earlier years, Market Capitalization came in at $83.92 billion in FY2024 (-23.6%), $109.91 billion in FY2023 (-10.0%), $122.07 billion in FY2022 (+8.9%) and $112.07 billion in FY2021 (+42.2%).
- Quarterly Market Capitalization has ranged from $63.63 billion in Q1 2026 to $125.66 billion in Q2 2024 over the past five years.
- On a year-over-year basis, Market Capitalization has declined for seven consecutive quarters, with an average decline of 17.8% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 42.2% in Q4 2021, against a decline of 40.5% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $63.63 billion (Q1 2026), $77.37 billion (Q4 2025) and $71.74 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.86 Bn |
| Mar 31, 2026 | 63.63 Bn |
| Dec 31, 2025 | 77.37 Bn |
| Sep 30, 2025 | 71.74 Bn |
| Jun 30, 2025 | 87.45 Bn |
| Mar 31, 2025 | 98.14 Bn |
| Dec 31, 2024 | 83.92 Bn |
| Sep 30, 2024 | 120.60 Bn |
| Jun 30, 2024 | 125.66 Bn |
| Mar 31, 2024 | 120.58 Bn |
| Dec 31, 2023 | 109.91 Bn |
| Sep 30, 2023 | 102.28 Bn |
| Jun 30, 2023 | 104.79 Bn |
| Mar 31, 2023 | 109.03 Bn |
| Dec 31, 2022 | 122.07 Bn |
| Sep 30, 2022 | 108.55 Bn |
| Jun 30, 2022 | 115.84 Bn |
| Mar 31, 2022 | 118.45 Bn |
| Dec 31, 2021 | 112.07 Bn |
| Sep 30, 2021 | 90.53 Bn |
Elevance Health Market Capitalization 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=market-capitalization&ticker=ELV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();