Elevance Health (ELV) Return on Capital Employed (2009 - 2026)

Elevance Health (ELV) reported Return on Capital Employed of 3.02% for Q1 2026, up 15.0% year-over-year from 2.63% in Q1 2025, and up 11.75% quarter-over-quarter from 2.71% in Q4 2025.

Elevance Health (ELV) Return on Capital Employed (2009 - 2026) Analysis & Trends

Elevance Health (ELV) has 18 years of Return on Capital Employed data on file, last reported at 3.02% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 3.02%, up 15.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.02% (up 15.0% YoY), and the FY2025 annual result was 2.81%, down 3.0% from the prior year.
  • Return on Capital Employed rose to 3.02% in Q1 2026 per ELV's latest filing, from 2.71% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 13.77% in Q1 2022 and troughed at 2.29% in Q2 2023.
  • A 5-year average of 4.47% and a median of 2.8% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 1215 bps in 2022, then slumped 989 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 12.58% in 2022, then plunged by 79 bps to 2.69% in 2023, then advanced by 0 bps to 2.69% in 2024, then gained by 0 bps to 2.71% in 2025, then advanced by 12 bps to 3.02% in 2026.
  • Business Quant data shows ELV's Return on Capital Employed at 3.02% in Q1 2026, 2.71% in Q4 2025, and 2.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 9.56%
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 4.42%
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 3.02%
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 2.93%
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 7.99%
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn -18.75%
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 13.51%
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn -24.87%
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 8.12%
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn -20.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.02%
Dec 31, 2025 2.71%
Sep 30, 2025 2.73%
Jun 30, 2025 2.80%
Mar 31, 2025 2.88%
Dec 31, 2024 2.69%
Sep 30, 2024 2.82%
Jun 30, 2024 2.82%
Mar 31, 2024 2.88%
Dec 31, 2023 2.69%
Sep 30, 2023 2.51%
Jun 30, 2023 2.29%
Mar 31, 2023 11.98%
Dec 31, 2022 12.58%
Sep 30, 2022 2.41%
Jun 30, 2022 2.33%
Mar 31, 2022 13.77%
Dec 31, 2021 9.74%
Sep 30, 2021 2.12%
Jun 30, 2021 2.02%