Elevance Operating Margin from 2010 to 2024

ELV Stock  USD 402.75  0.79  0.20%   
Elevance Health Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin is likely to outpace its year average in 2024.
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 1.1 B, Total Revenue of 179.9 B or Gross Profit of 161.7 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. 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 Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Elevance Health over the last few years. It is Elevance Health's Operating Profit Margin 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.
ViewLast Reported 0.04 %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Elevance Operating Margin Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.09
Coefficient Of Variation160.33
Mean Deviation0.17
Median0.06
Standard Deviation0.26
Sample Variance0.07
Range0.7698
R-Value0.59
Mean Square Error0.05
R-Squared0.34
Significance0.02
Slope0.03
Total Sum of Squares0.94

Elevance Operating Margin History

2024 0.82
2023 0.78
2022 0.054
2021 0.0645
2020 0.0633
2019 0.0646
2018 0.0634

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Operating Margin, 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.
It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana. Elevance Health operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 98200 people.

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.