Elevance Income Before Tax from 2010 to 2025

ELV Stock  USD 423.47  3.76  0.88%   
Elevance Health Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about 4.9 B in 2025. During the period from 2010 to 2025, Elevance Health Income Before Tax regression line of quarterly data had mean square error of 1443006.9 T and geometric mean of  4,454,087,868. View All Fundamentals
 
Income Before Tax  
First Reported
2000-03-31
Previous Quarter
1.4 B
Current Value
606 M
Quarterly Volatility
768.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.2 B, Total Revenue of 185.7 B or Gross Profit of 164.9 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0156 or PTB Ratio of 1.51. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
  
Check out the analysis of Elevance Health Correlation against competitors.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

Latest Elevance Health's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Elevance Health over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Elevance Health income statement and is an important metric when analyzing Elevance Health profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Elevance Health's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevance Health's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Elevance Income Before Tax Regression Statistics

Arithmetic Mean5,176,597,275
Geometric Mean4,454,087,868
Coefficient Of Variation38.79
Mean Deviation1,538,427,044
Median4,878,856,400
Standard Deviation2,007,968,362
Sample Variance4031936.9T
Range7.6B
R-Value0.82
Mean Square Error1443006.9T
R-Squared0.67
Significance0.0001
Slope344,182,568
Total Sum of Squares60479054.2T

Elevance Income Before Tax History

20254.9 B
20247.9 B
20237.7 B
20227.6 B
20217.9 B
20206.2 B
2019B

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax7.9 B4.9 B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.