Elevance Health (ELV) Price to Earnings (2009 - 2026)
Elevance Health's Price to Earnings was 16.90 in Q2 2026, up 3.6% from 16.32 a year earlier and up 39.2% from the prior quarter.
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Analysis
Elevance Health (ELV) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Elevance Health came in at 13.67, down 2.6% from FY2024.
- Price to Earnings has now declined for three consecutive years.
- In earlier years, Price to Earnings was 14.03 in FY2024 (-23.6%), 18.36 in FY2023 (-11.4%), 20.71 in FY2022 (+13.8%) and 18.20 in FY2021 (+5.6%).
- The Q2 2026 figure marks the highest quarterly Price to Earnings since Q3 2024.
- Compared with a year earlier, Price to Earnings was higher in two of the last eight quarters, with an average decline of 12.2%.
- The best year-over-year quarter for Price to Earnings over five years was Q3 2021 (growth of 21.3%); the worst was Q3 2025 (a decline of 31.0%).
- Per Business Quant data, ELV's Price to Earnings in the three quarters before Q2 2026 was 12.14 (Q1 2026), 13.67 (Q4 2025) and 12.97 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.90 |
| Mar 31, 2026 | 12.14 |
| Dec 31, 2025 | 13.67 |
| Sep 30, 2025 | 12.97 |
| Jun 30, 2025 | 16.32 |
| Mar 31, 2025 | 16.59 |
| Dec 31, 2024 | 14.03 |
| Sep 30, 2024 | 18.79 |
| Jun 30, 2024 | 18.78 |
| Mar 31, 2024 | 19.31 |
| Dec 31, 2023 | 18.36 |
| Sep 30, 2023 | 17.06 |
| Jun 30, 2023 | 16.61 |
| Mar 31, 2023 | 17.89 |
| Dec 31, 2022 | 20.71 |
| Sep 30, 2022 | 17.45 |
| Jun 30, 2022 | 18.91 |
| Mar 31, 2022 | 18.86 |
| Dec 31, 2021 | 18.20 |
| Sep 30, 2021 | 16.41 |
API Access
Elevance Health Price to Earnings 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=price-to-earnings&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();