Elevance Health (ELV) Total Debt (2009 - 2026)
Elevance Health's (ELV) quarterly Total Debt came in at $31.0 billion in Q2 2026, up 8.78% year-on-year from $28.5 billion in Q2 2025, and down 2.51% on a QoQ basis from $31.8 billion in Q1 2026.
Elevance Health (ELV) Total Debt (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has 18 years of Total Debt data on file, last reported at $31.0 billion in Q2 2026.
- On a quarterly basis, Total Debt rose 8.78% year-over-year to $31.0 billion in Q2 2026; TTM through Jun 2026 was $31.0 billion, a 8.78% increase from a year earlier, with the FY2025 full-year figure at $32.0 billion, up 8.33% from the prior year.
- Total Debt for Q2 2026 stood at $31.0 billion, down from $31.8 billion in the prior quarter.
- Over the last five years, Total Debt for ELV reached as high as $32.0 billion in Q4 2025 and fell as low as $23.0 billion in Q1 2022.
- Historically, Total Debt has averaged $27.0 billion across 5 years, with a median of $26.1 billion in 2023.
- Across the five-year window, Total Debt declined 7.52% in 2024 and rose 20.42% in 2025, its largest moves.
- Year by year, Total Debt stood at $24.1 billion in 2022, then advanced by 4.17% to $25.1 billion in 2023, then climbed by 17.77% to $29.6 billion in 2024, then grew by 8.33% to $32.0 billion in 2025, then decreased by 3.13% to $31.0 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $31.0 billion in Q2 2026, $31.8 billion in Q1 2026, and $32.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 77.92 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 63.11 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 31.04 Bn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 30.90 Bn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 13.99 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 16.37 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 3.77 Bn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 430.88 Mn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 323.62 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.04 Bn |
| Mar 31, 2026 | 31.84 Bn |
| Dec 31, 2025 | 32.05 Bn |
| Sep 30, 2025 | 31.35 Bn |
| Jun 30, 2025 | 28.54 Bn |
| Mar 31, 2025 | 28.36 Bn |
| Dec 31, 2024 | 29.58 Bn |
| Sep 30, 2024 | 26.79 Bn |
| Jun 30, 2024 | 27.46 Bn |
| Mar 31, 2024 | 23.55 Bn |
| Dec 31, 2023 | 25.12 Bn |
| Sep 30, 2023 | 24.84 Bn |
| Jun 30, 2023 | 25.12 Bn |
| Mar 31, 2023 | 25.47 Bn |
| Dec 31, 2022 | 24.11 Bn |
| Sep 30, 2022 | 23.51 Bn |
| Jun 30, 2022 | 23.41 Bn |
| Mar 31, 2022 | 22.98 Bn |
| Dec 31, 2021 | 22.76 Bn |
| Sep 30, 2021 | 22.61 Bn |