OakChart

Elevance Health Inc

ELVHealthcare·Healthcare Plans·USA·Large·NYSE·Nov 11 • 12:10 PM ET

424.85-4.80 (-1.12%)
2026-11-11 18:10 CET
Market cap
92,828.46 USD m
Revenue, TTM
201,831.00 USD m
Net income, TTM
5,139.00 USD m
Free cash flow, TTM
6,514.00 USD m
EPS diluted, TTM
23.46
P/E
18.11
Compare

Price

ELV against its 20, 50 and 200-day averages
2050200beat
350.00400.00450.001.9M3.9MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ELVclose 424.8520-day 427.3850-day 414.53200-day 374.63424.8552w high

5.7% under the 52-week high of 450.69 on 21 Oct 2026. 52-week low 274.84 on 9 Mar 2026. Last 15 sessions, 10.6% high to low

Profile

ELV
52-week range, 85% of the way up
274.84450.69

Elevance Health, Inc. operates as a health company, which engages in improving lives and communities, and making healthcare simpler. It operates through the following segments: Health Benefits, CarelonRx, Carelon Services, and Corporate and Other. The Health Benefits segment offers a comprehensive suite of health plans and services to different customers. The CarelonRx segment markets and offers pharmacy services to affiliated health plan customers, as well as to external customers. The Carelon Services segment integrates physical, behavioral, pharmacy, and social services with the aim of delivering whole health affordably by offering a broad array of healthcare related services. The Corporate & Other segment includes businesses that do not individually meet the quantitative threshold for an operating segment. The company was founded in 1944 and is headquartered in Indianapolis, IN.

IndexS&P 500, RUI
Employees97100
IPOOct 30, 2001
Beta0.62
ATR, 14d12.77
Rel volume0.34
Short float2.11%
Insider own0.23%
Inst own94.78%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap91.79B
Enterprise Value-
Income5.14B
Sales201.83B
Book/sh206.75
Cash/sh-
Dividend Est.6.86 (1.61%)
Dividend TTM6.87 (1.62%)
Dividend Ex-DateDec 04, 2026
Dividend Gr. 3/5Y10.14% 12.47%
Payout27.13%
Employees97100
IPOOct 30, 2001

Ratios

P/E18.11
Forward P/E14.05
PEG3.09
P/S0.45
P/B2.05
P/C-
P/FCF14.09
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio1.47
Debt/Eq0.69
LT Debt/Eq0.68
Option/ShortYes / Yes

Earnings

EPS (ttm)23.46
EPS next Y30.25
EPS next Q2.08
EPS this Y-4.09%
EPS next Y4.12%
EPS next 5Y4.55%
EPS past 3/5Y1.27% 6.99%
Sales past 3/5Y8.34% 10.32%
EPS Y/Y TTM-4.06%
Sales Y/Y TTM3.60%
EPS Q/Q18.02%
Sales Q/Q1.42%
EarningsOct 21 BMO
EPS/Sales Surpr.48.28% 2.35%

Ownership

Insider Own0.23%
Insider Trans-2.01%
Inst Own94.78%
Inst Trans-0.37%
ROA4.10%
ROE11.60%
ROIC6.85%
Gross Margin-
Oper. Margin3.81%
Profit Margin2.55%
SMA20-0.59%
SMA502.49%
SMA20013.41%
Trades-

Technical

Shs Outstand216.11M
Shs Float215.55M
Short Float2.11%
Short Ratio3.75
Short Interest4.54M
52W High450.69 -5.73%
52W Low274.84 54.58%
Volatility3.95% 3.11%
ATR (14)12.77
RSI (14)52.06
Beta0.62
Rel Volume0.34
Avg Volume1.21M
Volume178,744

Performance

Perf Week-2.15%
Perf Month-0.10%
Perf Quarter6.69%
Perf Half Y6.31%
Perf YTD21.20%
Perf Year34.77%
Perf 3Y-7.29%
Perf 5Y-1.35%
Perf 10Y217.81%
Recom1.88
Target Price479.62
Prev Close429.65
Price424.85
Change %-1.12%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
May 20, 2026UpgradeDDeutsche BankHold → Buy$498+17.2%
Apr 29, 2026UpgradeBBofA SecuritiesNeutral → Buy$435+2.4%
Apr 08, 2026InitiatedEEvercore ISIIn-line$345-18.8%
Feb 03, 2026DowngradeRRBC Capital MktsOutperform → Sector Perform$358-15.7%
Jan 08, 2026UpgradeWWolfe ResearchPeer Perform → Outperform$4250.0%
Dec 19, 2025DowngradeDDeutsche BankBuy → Hold$320-24.7%
Oct 14, 2025InitiatedGGoldmanNeutral
Jul 21, 2025DowngradeAArgusBuy → Hold
Jul 18, 2025DowngradeLLeerink PartnersOutperform → Market Perform$310-27.0%
Apr 15, 2025DowngradeRRobert W. BairdOutperform → Neutral$529+24.5%

Peers

Mkt cap
TickerCompanyMkt cap
CICigna Group78.14B
UNHUnitedhealth Group Inc357.17B
HUMHumana Inc53.39B
CNCCentene Corp34.91B
CVSCVS Health Corp112.67B
MOHMolina Healthcare Inc10.84B
OSCROscar Health Inc9.95B
ALHCAlignment Healthcare Inc1.60B
CLOVClover Health Investments Corp2.65B
HCAHCA Healthcare Inc104.46B

Insider trading

latest 14 of 18
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
LAVU RATNAKAREVP & Chief Digital Info OfrNov 05 '26Sale440.001,300572,00014,849Nov 06 04:32 PM
RATNAKAR LAVUOfficerNov 05 '26Proposed Sale440.001,300572,000Nov 05 04:13 PM
Kaye MarkEVP & CFOOct 22 '26Sale440.1310,5844,658,35719,919Oct 23 04:30 PM
MARK B KAYEOfficerOct 22 '26Proposed Sale440.1310,5844,658,378Oct 22 04:03 PM
PERU RAMIRO GDirectorJul 17 '26Buy366.051,000366,05010,908Jul 17 03:04 PM
BOUDREAUX GAILPresident and CEOJul 17 '26Buy367.792,7251,002,230171,976Jul 17 01:50 PM
CLARK R KERRYDirectorJul 07 '26Proposed Sale419.911,500629,865Jul 07 04:58 PM
Penczek Ronald WCAO & ControllerJun 12 '26Sale403.16369148,7663,740Jun 15 04:10 PM
RONALD WILLIAM PENCZEKOfficerJun 12 '26Proposed Sale403.16369148,767Jun 12 05:27 PM
Dixon Robert L JRDirectorJun 11 '26Sale401.7715160,66710,734Jun 12 04:12 PM
Dixon Robert L JRDirectorJun 11 '26Proposed Sale401.7615160,666Jun 11 05:10 PM
Penczek Ronald WCAO & ControllerMay 19 '26Option Exercise294.301,531450,5795,640May 20 04:11 PM
Penczek Ronald WCAO & ControllerMay 19 '26Sale403.131,531617,1924,109May 20 04:11 PM
RONALD WILLIAM PENCZEKOfficerMay 19 '26Proposed Sale403.131,531617,192May 19 04:25 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLVState Street Health Care Select Sector SPDR ETFAUM: 50.35B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
VYMVanguard High Dividend Yield Indx ETFAUM: 83.15B
SEQSequoia ETFAUM: 7.04B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 183.48B

News

latest 14 of 204
  • Health insurers, hospitals rally after sweeping midterm win for Democrats (Reuters)
  • Policy relief sparks surge in health insurance and hospital stocks (Investing.com)
  • 2 Healthcare Stocks to Buy After Crushing Q3 Earnings Expectations: ELV & ISRG (Zacks)
  • Elevance Health's 41% Beat Leans On Investment Income, But A Higher 2026 Baseline Is The Real Upgrade (Earnings Whispers)
  • Elevance Health Shares Rise as Third-Quarter Earnings Beat Estimates and 2026 Guidance Increases (InvestorsHub)
  • Loading…
  • Elevance Health Names Jeff Park President of Carelon (Business Wire)
  • Elevance Health Raises Yearly Outlook as Profit, Revenue Rise (The Wall Street Journal)
  • Elevance Health beats estimates, raises guidance (Investing.com)
  • Elevance Health: Q3 Earnings Snapshot (Associated Press)
  • Elevance Tops Earnings Expectations and Lifts Guidance (Barrons.com)
  • Elevance Health Reports Third Quarter 2026 Results; Raises Full-Year Guidance (Business Wire)
  • Where Could UnitedHealth's Next Growth Come From? (Trefis)
  • What Happened With UnitedHealth Stock This Week? (Trefis)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-216.9904.7146.27050,44049,28122
2026Q22026-07-157.4506.2116.71449,82648,87722
2026Q12026-04-2212.58010.8198.00449,49448,20121
2025Q42026-01-283.3303.0962.46649,31149,84421
2025Q32025-10-216.0304.9335.31550,08749,37921
2025Q22025-07-178.8408.9097.71949,42148,19020
2025Q12025-04-2211.97011.4139.60848,76546,30020
2024Q42025-01-233.8404.0131.80944,98944,95319
2024Q32024-10-178.3709.6574.35944,71943,46720
2024Q22024-07-1710.1209.9989.85443,22342,98721
2024Q12024-04-1810.64010.5199.59042,27342,49319
2023Q42024-01-245.6205.5973.63042,45442,18516
2023Q32023-10-188.9908.4605.45042,48042,76119
2023Q22023-07-199.0408.7847.79243,37741,63621
2023Q12023-04-199.4609.2888.29841,89840,91920
2022Q42023-01-255.2305.1913.93539,66739,77321

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY19.44019.42618.467103,141103,500
2020FY22.48022.42317.979120,808120,365
2021FY25.98025.94224.733136,943137,850
2022FY29.07029.02324.275155,660156,296
2023FY33.14033.06825.219170,209170,382
2024FY33.04033.21025.676175,204175,831
2025FY30.29029.98825.210197,584198,603
2026FY-29.051--200,068
2027FY-30.248--205,027
2028FY-34.618--213,146
2029FY-39.969--216,967
2030FY-46.390--238,102

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-231713049,37747,02252,000
2026Q4S2026-10-221712049,19647,02252,000
2026Q4S2026-10-211710049,09747,02252,000
2026Q4S2026-10-20171148,34746,55451,000
2026Q4S2026-10-16171148,29546,55451,000
2026Q4S2026-10-06161148,36746,55451,000
2026Q4S2026-09-29161048,35947,04751,000
2026Q4S2026-09-28162048,35947,04751,000
2026Q4S2026-08-12167348,35947,04751,000
2026Q4S2026-07-21167348,32946,55451,000
2026Q4S2026-07-20167348,35346,55451,000
2026Q4S2026-07-16167348,32646,55451,000
2026Q4S2026-07-15166348,27946,55451,000
2026Q4S2026-07-14160147,82745,64149,531

Estimate history

EPS, annual14.3514.19418.46717.97924.73324.27525.21925.67625.20923.4569
Period201720182019202020212022202320242025TTM
EPS, quarterly4.3591.8099.6087.7195.3152.4668.0046.7146.273
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual90039.492105104213121867138639156595171340176810199125201831
Period201720182019202020212022202320242025TTM
Sales, quarterly451454544248891497765071149747501815047451429
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual256.085257.396252.922245.401241.771237.958233.071227.48220.724216.114
Period201720182019202020212022202320242025MRQ
Shares, quarterly231.93227.48225.641224.836222.036220.724217.368216.841216.114
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue201,831.00199,125.00176,810.00171,340.00156,595.00138,639.00121,867.00104,213.0092,105.00
Losses, Claims & Reserves148,483.00148,223.00127,567.00124,330.00116,642.00102,645.0088,045.0081,786.0071,895.00
Selling, General and Administrative Incl. Other45,653.0042,790.0040,355.0038,265.0031,502.0027,048.0026,111.0015,694.0014,373.00
Operating Income before Interest Expense7,695.008,112.008,888.008,745.008,451.008,946.007,711.006,733.005,837.00
Interest Expense1,445.001,402.001,185.001,030.00851.00798.00784.00746.00753.00
Unusual Expense---0.000.004,244.00689.002.0016.00
Net Income Before Taxes6,250.006,710.007,904.007,715.007,600.007,925.006,238.005,985.005,068.00
Income Taxes1,147.001,049.001,933.001,724.001,712.001,830.001,666.001,178.001,318.00
Consolidated Net Income5,103.005,661.005,971.005,991.005,888.006,095.004,572.004,807.003,750.00
Net Income From Continuing Operations5,139.005,662.005,980.005,987.005,894.006,104.004,572.004,807.003,750.00
Net Income5,139.005,662.005,980.005,987.005,894.006,104.004,572.004,807.003,750.00
EPS (Recurring)23.6225.2125.6825.2224.2836.7719.8818.4714.24
EPS (Basic, Before Extraordinaries)23.5525.2825.8125.3824.5625.0418.2318.8114.53
EPS (Diluted)23.4625.2125.6825.2224.2824.7317.9818.4714.19
Non-Operating Income (Expense)0.000.00201.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-214.00144.00216.00198.00190.00209.00216.00165.00
Price To Earnings Ratio18.3218.3213.4518.5120.1318.7517.9216.3718.49
Price To Sales Ratio0.420.400.490.650.800.830.670.750.75
Operating Margin3.814.075.035.105.406.456.336.466.34
Net Margin2.552.843.383.493.764.403.754.614.07
Shares Outstanding216.11220.72227.48233.07237.96241.77245.40252.92257.40
Market Capitalization92,828.4692,828.4685,556.39110,797.27122,511.60112,508.1179,856.3776,583.9367,927.15
Operating Income after Interest Expense-6,710.007,703.007,715.007,600.008,148.006,927.005,987.005,084.00
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue51,429.0050,474.0050,181.0049,747.0050,711.0049,776.0048,891.0045,442.00
Losses, Claims & Reserves37,779.0037,024.0035,615.0038,065.0038,140.0036,706.0035,312.0033,500.00
Selling, General and Administrative Incl. Other11,498.0011,149.0011,905.0011,101.0010,814.0010,437.0010,438.0010,996.00
Operating Income before Interest Expense2,152.002,301.002,661.00581.001,757.002,633.003,141.00946.00
Interest Expense358.00364.00357.00366.00351.00341.00344.00340.00
Operating Income after Interest Expense1,794.001,937.002,304.00215.001,406.002,292.002,797.00606.00
Net Income Before Taxes1,794.001,937.002,304.00215.001,406.002,292.002,797.00606.00
Income Taxes451.00483.00544.00-331.00219.00548.00613.00193.00
Consolidated Net Income1,343.001,454.001,760.00546.001,187.001,744.002,184.00413.00
Net Income From Continuing Operations1,365.001,463.001,764.00547.001,189.001,743.002,183.00418.00
Net Income1,365.001,463.001,764.00547.001,189.001,743.002,183.00418.00
EPS (Recurring)6.276.718.002.475.327.729.611.81
EPS (Basic, Before Extraordinaries)6.306.748.032.485.327.749.641.84
EPS (Diluted)6.276.718.002.475.327.729.611.81
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio18.3216.4511.6614.3413.7515.1816.9813.45
Price To Sales Ratio0.420.420.320.390.370.460.540.48
Operating Margin4.184.565.301.173.465.296.422.08
Net Margin2.652.903.521.102.343.504.470.92
Shares Outstanding216.11216.84217.37220.72222.04224.84225.64227.48
Market Capitalization92,828.4683,983.0664,611.3977,905.8872,759.5287,879.6898,889.0385,556.39

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash9,491.008,288.006,526.007,387.004,880.005,741.004,937.003,934.003,608.90
Investments38,584.0037,177.0036,826.0033,342.0034,005.0029,839.0025,461.0022,452.0024,931.10
Premium Balance Receivables - Insurance15,235.0013,055.0012,460.0011,746.009,691.008,128.007,584.006,743.006,184.90
Net Property, Plant & Equipment5,131.005,219.004,943.004,920.004,547.004,129.003,708.002,735.002,174.90
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Deferred Tax Assets298.00206.00228.00137.00103.001,661.00801.00899.00919.70
Other Intangible Assets52,755.0052,944.0047,945.0045,223.0044,234.0038,778.0035,763.0035,707.0033,640.20
Total Assets121,494.00116,889.00108,928.00102,755.0097,460.0088,276.0078,254.0072,470.0071,459.70
Insurance Policy Liabilities - Insurance22,354.0021,648.0023,891.0023,444.0019,841.0016,743.0012,651.0010,825.0011,659.00
Total Debt32,706.0032,043.0025,969.0025,046.0024,028.0020,992.0020,725.0019,211.0019,931.80
Long Term Debt31,326.0029,876.0023,931.0023,100.0022,021.0020,182.0018,269.0017,217.0017,382.20
Provision for Risks Charges0.00-34.0038.0060.0052.0073.00116.00148.00224.60
Deferred Tax Liabilities2,110.002,148.001,970.002,015.002,805.003,680.003,028.002,859.002,646.20
Other Liabilities20,298.0019,658.0017,655.0015,860.0014,606.0013,589.0010,006.0010,886.0010,495.20
Total Liabilities77,468.0075,463.0069,523.0066,425.0061,332.0055,077.0046,526.0043,929.0044,956.80
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity43,882.0041,315.0039,306.0036,243.0036,060.0033,199.0031,728.0028,541.0026,502.90
Total Shareholders Equity43,882.0041,315.0039,306.0036,243.0036,060.0033,199.0031,728.0028,541.0026,502.90
Accumulated Minority Interest144.00111.0099.0087.0068.000.000.000.000.00
Total Equity44,026.0041,426.0039,405.0036,330.0036,128.0033,199.0031,728.0028,541.0026,502.90
Total Liabilities & Stockholders Equity121,494.00116,889.00108,928.00102,755.0097,460.0088,276.0078,254.0072,470.0071,459.70
Book Value Per Share198.81181.62168.64152.31149.15135.28125.45110.88103.49
Tangible Book Value Per Share19.654.1515.946.495.038.5710.10-3.77-4.28
Full-Time Employees97,100104,200104,900102,30098,20083,40070,60063,90056,000
Price to Book Ratio2.081.952.883.413.112.372.412.372.23
Return on Assets4.755.305.665.896.575.496.385.215.58
Return on Equity13.2914.8315.8416.3017.6314.0815.9513.6314.89
Return on Invested Capital7.538.409.479.9310.518.569.618.208.76
Current Ratio1.541.451.441.401.471.551.651.561.55

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations5,328.007,567.007,527.008,596.007,976.007,171.005,485.006,253.005,429.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital2,268.00-3,277.00-1,719.00-535.00423.001,193.005,203.00-192.00-1,602.00
Cash from Operating Activities7,596.004,290.005,808.008,061.008,399.008,364.0010,688.006,061.003,827.00
Capital Expenditures-1,082.00-1,116.00-1,256.00-1,296.00-1,152.00-1,087.00-1,021.00-1,077.00-1,208.00
Net Assets From Acquisitions33.0088.00-4,809.00-1,552.00-649.00-3,476.00-1,976.000.00-1,760.00
Sale of Fixed Assets and Businesses2.000.00363.000.000.000.000.000.000.00
Purchase or Sale of Investments-1,822.0069.00586.00-2,700.00-2,338.00-4,056.00-3,433.00-1,919.001,929.00
Purchase of Investments-16,703.00-15,026.00-17,986.00-16,236.00-24,946.00-18,669.00-19,492.00-22,954.00-9,671.00
Sale Or Maturity of Investments14,881.0015,095.0018,572.0013,536.0022,608.0014,613.0016,059.0021,035.0011,600.00
Other Uses-137.00-385.00-51.00-24.00-421.00-1,019.00-894.00-50.00-220.00
Other Sources0.000.000.000.000.000.000.00254.000.00
Cash from Investing Activities-3,006.00-1,344.00-5,167.00-5,572.00-4,560.00-9,638.00-7,324.00-2,792.00-1,259.00
Cash Dividends Paid-1,499.00-1,529.00-1,508.00-1,395.00-1,229.00-1,104.00-954.00-818.00-776.00
Change in Capital Stock-2,013.00-2,526.00-2,679.00-2,524.00-2,134.00-1,697.00-2,524.00-1,514.00-261.00
Repurchase of Common Pref Stock-2,159.00-2,605.00-2,900.00-2,676.00-2,316.00-1,900.00-2,700.00-1,701.00-1,685.00
Sale of Common Pref Stock146.0079.00221.00152.00182.00203.00176.00187.001,424.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.001,250.00
Issuance or Reduction of Debt, Net405.001,941.005,562.00739.001,795.002,719.00-298.00439.00-1,296.00
Change in Long Term Debt-750.00844.006,060.00665.001,172.002,444.00402.001,053.00-956.00
Issuance of Long Term Debt-3.002,991.007,710.002,574.003,071.003,512.002,484.002,473.00835.00
Reduction of Long Term Debt-747.00-2,147.00-1,650.00-1,909.00-1,899.00-1,068.00-2,082.00-1,420.00-1,791.00
Net Financing Active Other Cash Flow172.00376.00-182.00-169.00250.00505.001,209.00-373.0092.00
Other Financing Activities Uses-37.00-32.00-182.00-169.00-93.00-451.00-128.00-373.00-81.00
Cash from Financing Activities-2,935.00-1,738.001,193.00-3,349.00-1,318.00423.00-2,567.00-2,266.00-2,241.00
Exchange Rate Effect-20.00-5.00-6.00-1.00-14.00-10.007.00--2.00
Net Change in Cash1,635.001,203.001,828.00-861.002,507.00-861.00804.001,003.00325.00
Free Cash Flow6,514.003,174.004,552.006,765.007,247.007,277.009,667.004,984.002,619.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow16.8747.8628.2220.8520.7018.539.3718.8737.65

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash10,348.0010,232.009,657.009,491.008,713.008,560.00
Investments37,130.0039,671.0039,539.0038,584.0039,262.0037,785.00
Net Property, Plant & Equipment4,613.004,645.004,657.005,131.004,657.004,641.00
Investment in Unconsolidated Affiliates3,087.000.000.000.000.000.00
Deferred Tax Assets---298.00--
Other Intangible Assets55,660.0055,316.0055,351.0052,755.0055,460.0055,033.00
Total Assets127,801.00126,438.00125,827.00121,494.00122,749.00121,938.00
Insurance Policy Liabilities - Insurance21,073.0021,926.0022,282.0022,354.0019,759.0022,419.00
Total Debt30,757.0031,044.0031,842.0032,706.0032,102.0030,186.00
Long Term Debt30,382.0030,669.0030,768.0031,326.0031,173.0028,178.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities1,487.002,206.001,786.002,110.002,315.002,008.00
Other Liabilities29,690.0026,240.0025,875.0020,298.0024,491.0023,474.00
Total Liabilities83,007.0081,416.0081,785.0077,468.0078,667.0078,087.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity44,681.0044,883.0043,902.0043,882.0043,953.0043,722.00
Total Shareholders Equity44,681.0044,883.0043,902.0043,882.0043,953.0043,722.00
Accumulated Minority Interest113.00139.00140.00144.00129.00129.00
Total Equity44,794.0045,022.0044,042.0044,026.0044,082.0043,851.00
Total Liabilities & Stockholders Equity127,801.00126,438.00125,827.00121,494.00122,749.00121,938.00
Book Value Per Share206.75206.99201.97198.81197.95194.46
Tangible Book Value Per Share25.2725.6520.5619.6518.8017.19
Full-Time Employees---97,100--
Price to Book Ratio2.081.911.471.771.662.06
Return on Assets4.104.004.274.754.624.56
Return on Equity11.6011.2012.1413.2912.6112.48
Return on Invested Capital1.821.942.360.731.582.42
Current Ratio1.471.521.481.541.561.44

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations1,178.001,870.001,672.00608.001,885.002,272.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital89.0043.002,660.00-524.00-750.00-218.00
Cash from Operating Activities1,267.001,913.004,332.0084.001,135.002,054.00
Capital Expenditures-267.00-287.00-235.00-293.00-360.00-267.00
Net Assets From Acquisitions0.000.000.0033.0055.00-4.00
Sale of Fixed Assets and Businesses-3.000.005.000.00-54.0054.00
Purchase or Sale of Investments-1,490.00276.00-1,089.00481.00-741.00-281.00
Purchase of Investments-6,075.00-3,132.00-4,735.00-2,761.00-4,163.00-4,138.00
Sale Or Maturity of Investments4,585.003,408.003,646.003,242.003,422.003,857.00
Other Uses-227.00170.00-323.00243.00-124.00-189.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-1,987.00159.00-1,642.00464.00-1,224.00-687.00
Cash Dividends Paid-373.00-373.00-376.00-377.00-381.00-385.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-305.00-208.00-1,087.00-413.00-876.00-380.00
Repurchase of Common Pref Stock-330.00-234.00-1,124.00-471.00-876.00-378.00
Sale of Common Pref Stock25.0026.0037.0058.000.00-2.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net1,281.00-753.00-1,328.001,205.001,360.00195.00
Change in Long Term Debt0.000.00-750.000.002,094.000.00
Issuance of Long Term Debt0.000.000.00-3.002,994.000.00
Reduction of Long Term Debt0.000.00-750.003.00-900.000.00
Net Financing Active Other Cash Flow235.00-160.00276.00-179.00140.00262.00
Other Financing Activities Uses-1.00-1.00-34.00-1.009.0083.00
Cash from Financing Activities838.00-1,494.00-2,515.00236.00243.00-308.00
Exchange Rate Effect-2.00-3.00-9.00-6.00-1.001.00
Net Change in Cash116.00575.00166.00778.00153.001,060.00
Free Cash Flow1,000.001,626.004,097.00-209.00775.001,787.00
Price to Free Cash Flow16.8717.6213.0847.2732.2423.02

Revenue breakdown

Total Hospital & Medical Service Plans revenue2024: 177.01B 2025: 199.13B
United States2024: 177.01B 2025: 199.13B
Total Hospital & Medical Service Plans revenue2024: 177.01B 2025: 199.13B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.11%4.5M215.6M1.16M
2026-10-152.38%5.1M215.6M1.17M
2026-09-302.24%4.9M216.4M1.24M
2026-09-152.47%5.3M216.4M1.33M
2026-08-312.54%5.5M216.4M1.42M
2026-08-142.50%5.4M216.4M1.54M
2026-07-312.58%5.6M216.2M1.65M
2026-07-152.79%6.0M216.2M1.76M
2026-06-302.78%6.0M216.5M1.74M
2026-06-152.90%6.3M216.3M1.69M
2026-05-293.05%6.6M216.5M1.91M
2026-05-152.82%6.1M216.5M1.92M
2026-04-302.38%5.2M216.5M1.93M
2026-04-152.02%4.4M219.0M1.97M
2026-03-311.80%4.0M220.1M1.93M
2026-03-131.67%3.7M220.1M1.88M
2026-02-271.92%4.2M220.1M1.63M
2026-02-132.11%4.6M220.1M1.63M
2026-01-301.62%3.6M221.6M1.61M
2026-01-151.66%3.7M221.6M1.56M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call200221.3228.7210.983.2852.000.000.996-0.0780.007
call210211.3219.10.003.1120.000.000.996-0.0790.008
call220201.3208.80.002.8670.000.000.996-0.0790.008
call230191.4198.21902.5662.000.000.995-0.0800.008
call240181.2188.60.002.5130.000.000.995-0.0800.009
call250171.4179.40.002.5380.000.000.995-0.0810.009
call260161.4168.40.002.2110.000.000.994-0.0810.010
call270151.4157.90.001.9810.000.000.994-0.0810.011
call280141.4148.30.001.9210.000.000.994-0.0820.011
call290131.4139.30.001.9060.000.000.993-0.0820.012
call300121.5129.4121.381.7422.000.000.993-0.0820.013
call310111.3119.593.751.6131.000.000.992-0.0820.014
call320101.5108.20.001.4030.000.000.991-0.0820.015
call33091.5098.300.001.2530.000.000.990-0.0820.017
call34081.8088.300.001.1490.000.000.989-0.0820.018
call35071.7078.5059.851.0754.000.000.975-0.1530.038
call36061.8068.8075.400.95168.000.000.966-0.1860.050
call37051.9058.7049.100.85715.000.000.935-0.2970.084
call38042.1048.6063.770.72416.000.000.914-0.3300.104
call39032.4039.2027.400.63034.000.000.890-0.3380.125
call40025.3029.4026.700.52071.000.000.836-0.3930.165
call41017.0020.4017.700.4371400.000.735-0.4790.218
call42010.5012.6012.000.3762619.000.594-0.5250.259
call4305.307.807.000.3784822.000.433-0.5640.262
call4402.453.804.680.3502230.000.271-0.4350.221
call4501.102.051.500.36335813.000.188-0.4040.180
call4600.503.600.650.45022310.000.145-0.3940.152
call4700.051.800.250.5141523.000.112-0.3660.127
call4800.051.200.250.5313430.000.078-0.2880.097
call4900.004.902.100.59243.000.000.071-0.2990.091
call5000.000.750.060.5421380.000.049-0.1980.071
call5100.000.800.050.66675.000.000.043-0.2260.061
call5200.002.500.170.7171000.000.040-0.2310.058
call5300.004.901.070.7744.000.000.038-0.2370.055
call5400.004.901.000.82114.000.000.036-0.2420.053
call5500.004.900.450.87515.000.000.034-0.2460.051
call5600.004.900.800.92417.000.000.033-0.2500.049
call5700.004.900.450.96124.000.000.032-0.2530.047
call5800.004.900.301.01912.000.000.030-0.2560.046
call5900.004.900.551.06522.000.000.029-0.2590.044
call6000.004.900.051.1089.000.000.028-0.2630.043
call6100.004.900.001.1360.000.000.027-0.2650.042
call6200.002.500.551.1818.000.000.027-0.2700.041
put2000.004.900.552.1183.000.00-0.008-0.1660.014
put2100.004.900.651.9914.000.00-0.008-0.1640.015
put2200.004.900.552.3572.000.00-0.025-0.5050.039
put2300.004.900.701.7552.000.00-0.009-0.1610.017
put2400.004.901.301.4612.000.00-0.005-0.0720.009
put2500.004.900.051.3636.000.00-0.005-0.0710.009
put2600.004.900.401.2736.000.00-0.005-0.0710.010
put2700.004.900.051.18126.000.00-0.006-0.0700.011
put2800.002.450.051.4145.000.00-0.023-0.2880.037
put2900.004.900.351.0114.000.00-0.007-0.0680.012
put3000.004.900.060.93415.000.00-0.007-0.0670.013
put3100.004.901.700.85520.000.00-0.008-0.0660.014
put3200.004.900.050.77154.000.00-0.008-0.0650.015
put3300.000.850.050.69828.001.00-0.009-0.0640.017
put3400.050.150.150.71529.002.00-0.022-0.1360.035
put3500.050.400.350.7423400.00-0.045-0.2560.063
put3600.050.550.180.5945005.00-0.034-0.1650.050
put3700.001.152.650.5971040.00-0.064-0.2750.083
put3800.254.900.850.5322410.00-0.086-0.3060.105
put3900.501.450.800.4403800.00-0.109-0.3130.125
put4001.151.951.550.37781312.00-0.164-0.3670.165
put4102.553.603.190.3524630.00-0.264-0.4520.218
put4205.306.709.200.33997.000.00-0.406-0.4970.259
put43010.4012.909.200.3801340.00-0.567-0.5350.262
put44016.5020.3018.850.3441671.00-0.728-0.4050.221
put45023.4030.5024.000.53830.000.00-0.811-0.3720.180
put46034.0039.4020.900.56752.000.00-0.858-0.3570.149
put47043.5049.1054.220.6369.000.00-0.888-0.3330.126
put48053.4059.0053.900.7132.000.00-0.922-0.2540.096
put49061.1069.0072.210.8080.000.00-0.929-0.2650.090
put50071.4079.0073.740.8830.000.00-0.953-0.1820.065
put51081.1089.0076.700.9560.000.00-0.956-0.1880.061
put52091.1099.000.001.0440.000.00-0.959-0.1920.058
put530101.2109102.21.0940.000.00-0.962-0.1970.055
put540111.11190.001.1780.000.00-0.963-0.2000.053
put550121.61290.001.2020.000.00-0.965-0.2040.051
put560132.21390.001.2830.000.00-0.967-0.2070.049
put570141.11490.001.3630.000.00-0.968-0.2090.047
put580151.11590.001.4210.000.00-0.969-0.2120.046
put590161.11690.001.4780.000.00-0.970-0.2140.044
put600171.71790.001.5110.000.00-0.971-0.2160.043
put610182.21890.001.5650.000.00-0.972-0.2180.042
put620191.11990.001.6390.000.00-0.973-0.2200.041

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-108-KCurrent report2026-11-10SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-10-28S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-10-234Statement of changes in beneficial ownership of securities2026-10-22SEC
2026-10-22144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2110-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-218-KCurrent report2026-10-21SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-09-108-KCurrent report2026-09-10SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-17SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-17SEC
2026-07-1510-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-158-KCurrent report2026-07-15SEC
2026-07-07144Filing for proposed sale of securities under Rule 144.SEC
2026-06-1711-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-1711-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-154Statement of changes in beneficial ownership of securities2026-06-12SEC
2026-06-12144Filing for proposed sale of securities under Rule 144.SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-11144Filing for proposed sale of securities under Rule 144.SEC
2026-06-108-KCurrent report2026-06-10SEC
2026-05-204Statement of changes in beneficial ownership of securities2026-05-19SEC
2026-05-19144Filing for proposed sale of securities under Rule 144.SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-13SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-13SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-13SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-13SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100572.00K1
2026-10004.66M1
2026-090000
2026-080000
2026-071.37M200
2026-0600209.43K2
2026-0500617.19K1
2026-040000
2026-03869.52K1918.08K2
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.75%
VANGUARD CAPITAL MANAGEMENT LLC6.47%
STATE STREET CORP4.80%
WELLINGTON MANAGEMENT GROUP LLP4.24%
VANGUARD PORTFOLIO MANAGEMENT LLC2.86%
Sanders Capital, LLC2.69%
GEODE CAPITAL MANAGEMENT, LLC2.41%
HARRIS ASSOCIATES L P2.27%
Artisan Partners Limited Partnership2.11%
Invesco Ltd.1.95%

Funds

Fund% owned
American Funds Multi-Sector Income Fund14.97%
VANGUARD TOTAL BOND MARKET II INDEX FUND14.54%
First Trust Enhanced Short Maturity ETF13.83%
PIMCO Long Duration Credit Bond Portfolio13.35%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND12.48%
VANGUARD TOTAL BOND MARKET INDEX FUND11.19%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND10.92%
American Funds Strategic Bond Fund8.29%
Invesco BulletShares 2027 Corporate Bond ETF7.62%
VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND7.60%

OakChart. ELV. Cached 15 minutes.