Elevance Health (ELV) Tax Rate (2009 - 2026)
Elevance Health (ELV) posted quarterly Tax Rate of 24.94% for Q2 2026, up 103.0% year-over-year from 12.28% in Q2 2025, and up 5.61% quarter-over-quarter from 23.61% in Q1 2026.
Elevance Health (ELV) Tax Rate (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has reported Tax Rate for 18 consecutive years, with 24.94% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 103.0% year-over-year to 24.94%; the TTM figure through Jun 2026 stood at 15.61% (down 871.0% YoY), while the FY2025 annual figure was 15.63%, down 882.0% from the prior year.
- Tax Rate climbed to 24.94% in Q2 2026 per ELV's latest filing, from 23.61% in the prior quarter.
- Across five years, Tax Rate topped out at 31.85% in Q4 2024 and bottomed at 153.95% in Q4 2025.
- Historically, Tax Rate has averaged 12.97% across 5 years, with a median of 23.24% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate soared 1487 bps — and 2025, when it sank 18580 bps.
- Elevance Health's Tax Rate stood at 16.08% in 2022, then climbed by 6 bps to 16.98% in 2023, then surged by 88 bps to 31.85% in 2024, then tumbled by 583 bps to 153.95% in 2025, then jumped by 116 bps to 24.94% in 2026.
- Business Quant data shows ELV's Tax Rate at 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 | 352.16 Bn | 320.69 Bn | 36.67 Bn | 18.63% |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 24.69% |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 24.94% |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 25.00% |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 26.85% |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | 34.07% |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 5.53% |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | 3.35% |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | - |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 31.81% |
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% |