Financials in USD. Standardized financial statements.
A compact view of how Elevance Health Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $199.13B | $176.81B | $171.34B | $156.59B | $138.64B | $121.87B | $104.21B | $92.11B | $90.04B | $84.98B |
| Revenue Growth? | +12.6% | +3.2% | +9.4% | +13.0% | +13.8% | +16.9% | +13.1% | +2.3% | +6.0% | 0.0% |
| Cost of Revenue? | $148.22B | $127.57B | $124.33B | $116.64B | $102.64B | $88.05B | $81.79B | $71.89B | $72.24B | $66.83B |
| Gross Profit? | $50.90B | $49.24B | $47.01B | $39.95B | $35.99B | $33.82B | $22.43B | $20.21B | $17.80B | $18.14B |
| Gross Margin? | +25.6% | +27.9% | +27.4% | +25.5% | +26.0% | +27.8% | +21.5% | +21.9% | +19.8% | +21.4% |
| Operating Expenses? | $42.79B | $40.35B | $38.27B | $31.50B | $27.05B | $26.11B | $15.69B | $14.37B | $12.82B | $12.72B |
| Operating Income? | $8.11B | $8.89B | $8.74B | $8.45B | $8.95B | $7.71B | $6.73B | $5.84B | $4.99B | $5.42B |
| EBITDA? | $9.66B | $10.48B | $10.49B | $10.13B | $10.03B | $8.18B | $7.86B | $6.95B | $5.59B | $6.19B |
| Income Before Tax | $6.71B | $7.90B | $7.71B | $7.60B | $7.92B | $6.24B | $5.99B | $5.07B | $3.96B | $4.56B |
| Income Tax Expense | $1.05B | $1.93B | $1.72B | $1.71B | $1.83B | $1.67B | $1.18B | $1.32B | $121.00M | $2.09B |
| Net Income? | $5.66B | $5.98B | $5.99B | $5.89B | $6.10B | $4.57B | $4.81B | $3.75B | $3.84B | $2.47B |
| EPS? | $25.18 | $25.81 | $25.38 | $24.56 | $25.25 | $18.23 | $18.81 | $14.53 | $14.70 | $9.39 |
| Diluted EPS? | $25.12 | $25.68 | $25.22 | $24.28 | $24.73 | $17.98 | $18.47 | $14.19 | $14.35 | $9.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality