Elevance Health (ELV) Total Debt (2009 - 2026)
Elevance Health's (ELV) quarterly Total Debt came in at $31.4 billion in Q2 2026, up 4.08% year-over-year from $30.2 billion in Q2 2025, and down 3.52% quarter-over-quarter from $32.6 billion in Q1 2026.
Analysis
Elevance Health (ELV) Total Debt (2009 - 2026) Analysis & Trends
Elevance Health (ELV) has reported Total Debt for 18 consecutive years, with $31.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt rose 4.08% year-over-year to $31.4 billion in Q2 2026; TTM through Jun 2026 was $31.4 billion, a 4.08% increase from a year earlier, with the FY2025 full-year figure at $33.1 billion, up 0.8% from the prior year.
- Total Debt was $31.4 billion for Q2 2026 at Elevance Health, down from $32.6 billion in the prior quarter.
- Over five years, Total Debt peaked at $33.1 billion in Q4 2025 and troughed at $23.3 billion in Q1 2022.
- A 5-year average of $27.9 billion and a median of $27.0 billion in 2023 frame the typical range for Total Debt.
- Across the five-year window, Total Debt advanced 0.09% in 2022 and increased 22.83% in 2024, its largest moves.
- Over 5 years, Total Debt stood at $25.6 billion in 2022, then grew by 4.51% to $26.8 billion in 2023, then grew by 22.83% to $32.9 billion in 2024, then increased by 0.8% to $33.1 billion in 2025, then declined by 5.21% to $31.4 billion in 2026.
- The last three Total Debt figures came in at $31.4 billion (Q2 2026), $32.6 billion (Q1 2026), and $33.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 349.71 Bn | 318.24 Bn | 36.67 Bn | 73.33 Bn |
| 2 | Cvs Health | 121.89 Bn | 107.93 Bn | 47.23 Bn | 61.41 Bn |
| 3 | Elevance Health | 90.41 Bn | 54.46 Bn | 13.45 Bn | 31.42 Bn |
| 4 | Cigna | 73.73 Bn | 66.47 Bn | 14.97 Bn | 31.88 Bn |
| 5 | Humana | 48.06 Bn | 24.19 Bn | 5.50 Bn | 14.60 Bn |
| 6 | Centene | 32.28 Bn | 5.22 Bn | 14.55 Bn | 16.11 Bn |
| 7 | Molina Healthcare | 10.24 Bn | 1.32 Bn | 1.43 Bn | 3.77 Bn |
| 8 | Oscar Health | 9.83 Bn | 1.28 Bn | 1.09 Bn | 431.63 Mn |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.65 Bn | 1.95 Bn | 180.96 Mn | 324.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.42 Bn |
| Mar 31, 2026 | 32.57 Bn |
| Dec 31, 2025 | 33.15 Bn |
| Sep 30, 2025 | 32.10 Bn |
| Jun 30, 2025 | 30.19 Bn |
| Mar 31, 2025 | 30.00 Bn |
| Dec 31, 2024 | 32.88 Bn |
| Sep 30, 2024 | 27.15 Bn |
| Jun 30, 2024 | 27.69 Bn |
| Mar 31, 2024 | 26.45 Bn |
| Dec 31, 2023 | 26.77 Bn |
| Sep 30, 2023 | 24.84 Bn |
| Jun 30, 2023 | 25.39 Bn |
| Mar 31, 2023 | 25.73 Bn |
| Dec 31, 2022 | 25.61 Bn |
| Sep 30, 2022 | 23.77 Bn |
| Jun 30, 2022 | 23.59 Bn |
| Mar 31, 2022 | 23.26 Bn |
| Dec 31, 2021 | 24.63 Bn |
| Sep 30, 2021 | 22.79 Bn |