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Company Overview
Elevance Health, Inc.
Health CareManaged Health CareElevance Health, Inc. is an American health insurance company. Prior to June 2022, Elevance Health was named Anthem, Inc. The company is the world's seventh largest healthcare company based on revenue. Its services include medical, pharmaceutical, dental, behavioral health, long-term care, and disab...
Elevance Health, Inc. is an American health insurance company. Prior to June 2022, Elevance Health was named Anthem, Inc. The company is the world's seventh largest healthcare company based on revenue. Its services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Anthem Blue Cross in California, Wellpoint, and Carelon. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2022, the company had 46.8 million members within its affiliated companies' health plans.
Based on its 2021 revenues, the company ranked 20th on the 2022 Fortune 500. In 2023, the company's seat in Forbes Global 2000 rankings was 78. Carelon Global Solutions, Elevance Health's Business Process Outsourcing (BPO)/Shared Services subsidiary, serves the group's offshore and customer service management. It operates sites in India, Puerto Rico, Philippines, and the United States.
Exchange: NYSE
Company Statistics
Profile
Market Cap$94.60B
EV$89.69B
Shares Out217.9M
Revenue$201.11B
Margins
Gross89.1%
Operating2.7%
Pre-Tax2.9%
Net2.5%
FCF3.1%
Returns (5Yr Avg)
ROA5.7%
ROE15.6%
ROCE11.4%
ROIC20.5%
Valuation (TTM)
P/E19.1
P/B2.1
EV/Sales0.4
P/FCF15.0
EV/Gross Profit0.5
Financial Health
Cash$35.95B
Net Debt-$4.91B
Debt/Equity0.7
Growth (CAGR)
Rev 3Yr8.3%
Rev 5Yr10.3%
Rev 10Yr9.7%
Dil EPS 3Yr1.3%
Dil EPS 5Yr7%
Dil EPS 10Yr10.4%
FCF 5Yr-20%
Shares 5Yr-2.5%
Dividends
Yield1.6%
Payout30.2%
DPS$6.87
DPS Growth 3Yr-4.5%
DPS Growth 5Yr2.7%
DPS Growth 10Yr7.1%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD