Cash Flow Statement
Growth Metrics

Elevance Health (ELV) Net Margin (2009 - 2026)

Elevance Health (ELV) reported Net Margin of 3.56% for Q1 2026, down 91.0% year-over-year from 39.51% in Q1 2025, and up 379.57% on a QoQ basis from 0.74% in Q4 2025.

Elevance Health (ELV) has 17 years of Net Margin data on file, last reported at 3.56% in Q1 2026.

  • Quarterly Net Margin fell 91.0% year-over-year to 3.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.44% (down 80.0% YoY) and the FY2025 annual result came in at 2.87%, down 51.0% from the prior year.
  • Net Margin grew to 3.56% in Q1 2026 per ELV's latest filing, from 0.74% in the prior quarter.
  • Across five years, Net Margin topped out at 5.43% in Q1 2022 and bottomed at 0.74% in Q4 2025.
  • The 5-year median for Net Margin is 3.69% (2023), against an average of 3.51%.
  • The widest annual swing landed in 2022, when Net Margin slumped 208 bps; it then soared 84 bps in 2023.
  • Tracing ELV's Net Margin over 5 years: stood at 1.54% in 2022, then soared by 30 bps to 2.0% in 2023, then slumped by 55 bps to 0.91% in 2024, then dropped by 18 bps to 0.74% in 2025, then surged by 380 bps to 3.56% in 2026.
  • Per Business Quant, the three latest ELV Net Margin figures stand at 3.56% (Q1 2026), 0.74% (Q4 2025), and 2.84% (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 3.56%
Dec 31, 2025 0.74%
Sep 30, 2025 2.84%
Jun 30, 2025 3.53%
Mar 31, 2025 4.47%
Dec 31, 2024 0.91%
Sep 30, 2024 2.25%
Jun 30, 2024 5.32%
Mar 31, 2024 5.28%
Dec 31, 2023 2.00%
Sep 30, 2023 3.69%
Jun 30, 2023 5.07%
Mar 31, 2023 4.75%
Dec 31, 2022 1.54%
Sep 30, 2022 4.00%
Jun 30, 2022 4.23%
Mar 31, 2022 5.43%
Dec 31, 2021 3.38%
Sep 30, 2021 4.19%
Jun 30, 2021 6.31%
Mar 31, 2021 6.02%
Dec 31, 2020 1.73%
Sep 30, 2020 0.71%
Jun 30, 2020 9.07%
Mar 31, 2020 5.17%
Dec 31, 2019 3.41%
Sep 30, 2019 4.44%
Jun 30, 2019 4.47%
Mar 31, 2019 6.29%
Dec 31, 2018 1.81%
Sep 30, 2018 4.13%
Jun 30, 2018 4.59%
Mar 31, 2018 5.82%
Dec 31, 2017 5.44%
Sep 30, 2017 3.33%
Jun 30, 2017 3.81%
Mar 31, 2017 4.48%
Dec 31, 2016 1.70%
Sep 30, 2016 2.89%
Jun 30, 2016 3.64%
Mar 31, 2016 3.47%
Mar 31, 2014 0.05%
Dec 31, 2013 -0.90%
Sep 30, 2013 0.01%
Jun 30, 2013 0.00%
Mar 31, 2013 0.07%
Dec 31, 2012 0.01%
Sep 30, 2012 0.02%
Dec 31, 2011 2.19%
Sep 30, 2011 4.44%
Jun 30, 2011 4.65%
Mar 31, 2011 6.22%
Dec 31, 2010 3.75%
Sep 30, 2010 5.07%
Jun 30, 2010 5.01%
Mar 31, 2010 5.82%
Dec 31, 2009 14.46%
Sep 30, 2009 4.73%
Jun 30, 2009 4.50%
Mar 31, 2009 3.83%