Elevance Health (ELV) Total Debt (2009 - 2026)
Elevance Health (ELV) posted quarterly Total Debt of $31.0 billion for Q2 2026, up 8.78% year-over-year from $28.5 billion in Q2 2025, and down 2.51% quarter-over-quarter from $31.8 billion in Q1 2026.
Elevance Health (ELV) Total Debt (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has reported Total Debt for 18 consecutive years, with $31.0 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Debt rose 8.78% year-over-year to $31.0 billion; the TTM figure through Jun 2026 stood at $31.0 billion (up 8.78% YoY), while the FY2025 annual figure was $32.0 billion, up 8.33% from the prior year.
- Total Debt eased to $31.0 billion in Q2 2026 per ELV's latest filing, from $31.8 billion in the prior quarter.
- Across five years, Total Debt topped out at $32.0 billion in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Total Debt retreated 7.52% — and 2025, when it advanced 20.42%.
- Elevance Health's Total Debt stood at $24.1 billion in 2022, then rose by 4.17% to $25.1 billion in 2023, then gained by 17.77% to $29.6 billion in 2024, then advanced by 8.33% to $32.0 billion in 2025, then fell by 3.13% to $31.0 billion in 2026.
- Business Quant data shows ELV's Total Debt at $31.0 billion in Q2 2026, $31.8 billion in Q1 2026, and $32.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 73.33 Bn |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 61.41 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 31.42 Bn |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 14.25 Bn |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 16.11 Bn |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 3.77 Bn |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 431.63 Mn |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 324.06 Mn |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | - |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 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 |