Elevance Health (ELV) Tax Rate (2009 - 2026)
Elevance Health (ELV) reported Tax Rate of 23.61% for Q1 2026, up 169.0% year-over-year from 8.78% in Q1 2025, and up 115.34% quarter-over-quarter from 153.95% in Q4 2025.
Elevance Health (ELV) Tax Rate (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has 18 years of Tax Rate data on file, last reported at 23.61% in Q1 2026.
- Tax Rate for Q1 2026 came in at 23.61%, up 169.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.76% (down 815.0% YoY), and the FY2025 annual result was 15.63%, down 882.0% from the prior year.
- Tax Rate advanced to 23.61% in Q1 2026 per ELV's latest filing, from 153.95% in the prior quarter.
- Over five years, Tax Rate peaked at 31.85% in Q4 2024 and troughed at 153.95% in Q4 2025.
- A 5-year average of 12.27% and a median of 23.0% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 1487 bps in 2024, then sank 18580 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 16.08% in 2022, then advanced by 6 bps to 16.98% in 2023, then jumped by 88 bps to 31.85% in 2024, then slumped by 583 bps to 153.95% in 2025, then soared by 115 bps to 23.61% in 2026.
- Business Quant data shows ELV's Tax Rate at 23.61% in Q1 2026, 153.95% in Q4 2025, and 15.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 18.61 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 24.91 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 23.61 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 18.02 |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 24.76 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 26.68 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 51.72 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 2.83 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 0.22 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.61% |
| Mar 31, 2026 | 23.61% |
| Dec 31, 2025 | -153.95% |
| Dec 31, 2025 | -153.95% |
| Sep 30, 2025 | 15.58% |
| Sep 30, 2025 | 15.58% |
| Jun 30, 2025 | 23.91% |
| Jun 30, 2025 | 23.91% |
| Mar 31, 2025 | 21.92% |
| Mar 31, 2025 | 21.92% |
| Dec 31, 2024 | 31.85% |
| Dec 31, 2024 | 31.85% |
| Sep 30, 2024 | 26.58% |
| Sep 30, 2024 | 26.58% |
| Jun 30, 2024 | 22.94% |
| Jun 30, 2024 | 22.94% |
| Mar 31, 2024 | 23.48% |
| Mar 31, 2024 | 23.48% |
| Dec 31, 2023 | 16.98% |
| Dec 31, 2023 | 16.98% |