Elevance Health (ELV) Total Debt (2009 - 2026)
Elevance Health's Total Debt was $31.04 billion in Q2 2026, up 2.8% from $30.19 billion a year earlier but down 2.5% from the prior quarter.
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Analysis
Elevance Health (ELV) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Elevance Health came in at $32.05 billion, up 2.6% from FY2024.
- Total Debt has now increased for five consecutive years, with a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- In earlier years, Total Debt was $31.23 billion in FY2024 (+24.3%), $25.12 billion in FY2023 (+4.2%), $24.11 billion in FY2022 (+4.7%) and $23.03 billion in FY2021 (+15.0%).
- Quarterly Total Debt has moved between $22.79 billion (Q3 2021) and $32.1 billion (Q3 2025) over five years.
- Compared with a year earlier, Total Debt has increased for 22 straight quarters, with growth averaging 10.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Total Debt ran from 0.1% in Q1 2022 to 24.3% in Q4 2024.
- Per Business Quant data, ELV's Total Debt in the three quarters before Q2 2026 was $31.84 billion (Q1 2026), $32.05 billion (Q4 2025) and $32.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 73.33 Bn |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 61.41 Bn |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 9.73 Bn |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 31.04 Bn |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 31.88 Bn |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 11.72 Bn |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 8.89 Bn |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 14.60 Bn |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 16.11 Bn |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 3.77 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.04 Bn |
| Mar 31, 2026 | 31.84 Bn |
| Dec 31, 2025 | 32.05 Bn |
| Sep 30, 2025 | 32.10 Bn |
| Jun 30, 2025 | 30.19 Bn |
| Mar 31, 2025 | 30.00 Bn |
| Dec 31, 2024 | 31.23 Bn |
| Sep 30, 2024 | 27.15 Bn |
| Jun 30, 2024 | 27.69 Bn |
| Mar 31, 2024 | 26.45 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 | 23.77 Bn |
| Jun 30, 2022 | 23.59 Bn |
| Mar 31, 2022 | 23.26 Bn |
| Dec 31, 2021 | 23.03 Bn |
| Sep 30, 2021 | 22.79 Bn |
API Access
Elevance Health Total Debt 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=total-debt&ticker=ELV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ELV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();