Elevance Health (ELV) Non-Current Debt (2009 - 2026)
Elevance Health (ELV) reported Non-Current Debt of $30.67 billion for Q2 2026, up 8.8% from $28.18 billion a year earlier but down 0.3% from the prior quarter.
Elevance Health (ELV) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Elevance Health posted Non-Current Debt of $30.8 billion, up 5.4% from FY2024.
- Non-Current Debt has increased for seven consecutive years, with a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $29.22 billion in FY2024 (+25.7%), $23.25 billion in FY2023 (+4.0%), $22.35 billion in FY2022 (+5.6%) and $21.16 billion in FY2021 (+9.4%).
- Five-year quarterly Non-Current Debt spans a low of $19.88 billion in Q1 2022 and a high of $31.17 billion in Q3 2025.
- Year over year, Non-Current Debt has now increased in each of the last eight quarters, with growth averaging 15.1% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q1 2025 (growth of 27.9%); the low point was Q1 2024 (a decline of 12.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $30.77 billion (Q1 2026), $30.8 billion (Q4 2025) and $31.17 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 69.50 Bn |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 59.45 Bn |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 8.43 Bn |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 30.67 Bn |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 29.09 Bn |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 11.44 Bn |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 7.00 Bn |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 11.98 Bn |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 16.03 Bn |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 3.77 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.67 Bn |
| Mar 31, 2026 | 30.77 Bn |
| Dec 31, 2025 | 30.80 Bn |
| Sep 30, 2025 | 31.17 Bn |
| Jun 30, 2025 | 28.18 Bn |
| Mar 31, 2025 | 28.11 Bn |
| Dec 31, 2024 | 29.22 Bn |
| Sep 30, 2024 | 24.69 Bn |
| Jun 30, 2024 | 24.56 Bn |
| Mar 31, 2024 | 21.98 Bn |
| Dec 31, 2023 | 23.25 Bn |
| Sep 30, 2023 | 24.05 Bn |
| Jun 30, 2023 | 24.86 Bn |
| Mar 31, 2023 | 25.20 Bn |
| Dec 31, 2022 | 22.35 Bn |
| Sep 30, 2022 | 21.26 Bn |
| Jun 30, 2022 | 21.17 Bn |
| Mar 31, 2022 | 19.88 Bn |
| Dec 31, 2021 | 21.16 Bn |
| Sep 30, 2021 | 21.76 Bn |
Elevance Health Non-Current Debt 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=non-current-debt&ticker=ELV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();