Elevance Health (ELV) Tax Rate (2009 - 2026)
Elevance Health's (ELV) quarterly Tax Rate came in at 24.94% in Q2 2026, up 103.0% year-on-year from 12.28% in Q2 2025, and up 5.61% on a QoQ basis from 23.61% in Q1 2026.
Elevance Health (ELV) Tax Rate (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has 18 years of Tax Rate data on file, last reported at 24.94% in Q2 2026.
- On a quarterly basis, Tax Rate rose 103.0% year-over-year to 24.94% in Q2 2026; TTM through Jun 2026 was 15.61%, a 871.0% decrease from a year earlier, with the FY2025 full-year figure at 15.63%, down 882.0% from the prior year.
- Tax Rate for Q2 2026 stood at 24.94%, up from 23.61% in the prior quarter.
- Over the last five years, Tax Rate for ELV reached as high as 31.85% in Q4 2024 and fell as low as 153.95% in Q4 2025.
- Historically, Tax Rate has averaged 12.97% across 5 years, with a median of 23.24% in 2024.
- Across the five-year window, Tax Rate jumped 1487 bps in 2024 and tumbled 18580 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 16.08% in 2022, then increased by 6 bps to 16.98% in 2023, then jumped by 88 bps to 31.85% in 2024, then tumbled by 583 bps to 153.95% in 2025, then soared by 116 bps to 24.94% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.94% in Q2 2026, 23.61% in Q1 2026, and 153.95% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 18.61% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 24.91% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 24.94% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 18.02% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 24.76% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 26.68% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 34.07% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 2.83% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 0.22% |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 34.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.94% |
| Jun 30, 2026 | 24.94% |
| Jun 30, 2026 | 24.94% |
| Mar 31, 2026 | 23.61% |
| Mar 31, 2026 | 23.61% |
| Mar 31, 2026 | 23.61% |
| Dec 31, 2025 | -153.95% |
| Dec 31, 2025 | -153.95% |
| Dec 31, 2025 | -153.95% |
| Sep 30, 2025 | 15.58% |
| Sep 30, 2025 | 15.58% |
| Sep 30, 2025 | 15.58% |
| Jun 30, 2025 | 23.91% |
| Jun 30, 2025 | 23.91% |
| Jun 30, 2025 | 23.91% |
| Mar 31, 2025 | 21.92% |
| Mar 31, 2025 | 21.92% |
| Mar 31, 2025 | 21.92% |
| Dec 31, 2024 | 31.85% |
| Dec 31, 2024 | 31.85% |