Elevance Health (ELV) Tax Rate (2009 - 2026)
Elevance Health (ELV) recorded Tax Rate of 25.14% in Q3 2026, up 9.56 percentage points from 15.58% a year earlier and up 0.20 percentage points from the prior quarter.
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Analysis
Elevance Health (ELV) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Elevance Health's Tax Rate came in at 18.35% as of Sep 30, 2026, down 3.80 percentage points year-over-year; for FY2025, it was 15.63%, down 8.82 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -11.07 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 24.46% in FY2024 (+2.11 pp), 22.35% in FY2023 (-0.18 pp), 22.53% in FY2022 (-0.56 pp) and 23.09% in FY2021 (-3.62 pp).
- The Q3 2026 figure is the highest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of +2.22 percentage points over the last seven quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 14.87 percentage points in Q4 2024, against a drop of 11.01 percentage points in Q3 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 377.50 Bn | 256.07 Bn | 36.67 Bn | 18.63% |
| 2 | Cvs Health | 119.52 Bn | 71.93 Bn | 47.23 Bn | 24.69% |
| 3 | Mckesson | 118.78 Bn | 102.68 Bn | 3.69 Bn | 21.10% |
| 4 | Elevance Health | 95.38 Bn | -47.21 Bn | 13.65 Bn | 25.14% |
| 5 | Cigna | 80.69 Bn | 49.95 Bn | 14.97 Bn | 16.93% |
| 6 | Cencora | 63.96 Bn | 52.86 Bn | 3.61 Bn | 22.05% |
| 7 | Cardinal Health | 58.92 Bn | 42.76 Bn | 2.56 Bn | 27.80% |
| 8 | Humana | 50.48 Bn | -37.38 Bn | 5.50 Bn | 25.00% |
| 9 | Centene | 34.67 Bn | -55.69 Bn | 14.55 Bn | 26.85% |
| 10 | Molina Healthcare | 10.66 Bn | -24.21 Bn | 1.43 Bn | 34.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.14% |
| Jun 30, 2026 | 24.94% |
| Mar 31, 2026 | 23.61% |
| Sep 30, 2025 | 15.58% |
| Jun 30, 2025 | 23.91% |
| Mar 31, 2025 | 21.92% |
| Dec 31, 2024 | 31.85% |
| Sep 30, 2024 | 26.58% |
| Jun 30, 2024 | 22.94% |
| Mar 31, 2024 | 23.48% |
| Dec 31, 2023 | 16.98% |
| Sep 30, 2023 | 21.40% |
| Jun 30, 2023 | 23.97% |
| Mar 31, 2023 | 23.48% |
| Dec 31, 2022 | 16.08% |
| Sep 30, 2022 | 24.87% |
| Jun 30, 2022 | 23.00% |
| Mar 31, 2022 | 22.85% |
| Dec 31, 2021 | 19.80% |
| Sep 30, 2021 | 24.75% |
API Access
Elevance Health Tax Rate 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=tax-rate&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();