Superworth

Elevance Health profit margin ELV

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
2.5%
Net margin on a year earlier
−0.4 pts
Peer median
1.7%

Over the twelve months to Jun 30, 2026, Elevance Health kept 2.5% of its revenue as net profit and a gross margin of 89.1%.

Five years earlier its net margin was 3.3%.

The median for 6 health insurers of a similar size is 1.7%.

Profit margin over time

GrossNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginGross margin
FY20252.8%89.4%
FY20243.4%88.8%
FY20233.5%89.9%
FY20223.8%91.7%
FY20214.4%92.1%
FY20203.8%92.7%
FY20194.6%98.1%
FY20184.1%n/a
FY20174.3%n/a
FY20162.9%n/a
FY20153.2%n/a
FY20143.5%n/a
FY20133.5%n/a
FY20124.3%n/a
FY20114.4%n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY262.5%−0.4 pts
Q1 FY262.6%−0.6 pts
Q4 FY252.8%−0.5 pts
Q3 FY252.8%−0.8 pts
Q2 FY252.8%−1.1 pts
Q1 FY253.2%−0.4 pts
Q4 FY243.4%−0.1 pts
Q3 FY243.7%+0.1 pts
Q2 FY243.9%+0.1 pts
Q1 FY243.6%−0.2 pts
Q4 FY233.5%−0.3 pts
Q3 FY233.6%−0.5 pts

Against its peers

Companies in Medical - Healthcare Plans nearest Elevance Health's size, closest first, today.

CompanyProfit margin
ELVElevance Health2.5%
CICigna2.3%
CVSCVS Health1.2%
HUMHumana0.9%
CNCCentene−2.5%
UNHUnitedHealth3.5%
OSCROscar Health3.6%
Peer median1.7%

Where Elevance Health ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Elevance Health

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.