TTM
3.2%
YoY change
−0.98pp
Trough year (2025)
1.6%
Peak year (2020)
7.9%
Latest annual
1.6%
FCF Margin history chart for Elevance Health (ELV) from 2001 to 2025
Latest: 1.6%
FCF Margin change chart for Elevance Health (ELV) from 2001 to 2025
Latest: −0.98pp
FCF Margin history table for Elevance Health (ELV) from 2001 to 2025
| 2025 | 1.6% | -0.98pp | ||
| 2024 | 2.6% | -1.37pp | ||
| 2023 | 3.9% | -0.68pp | ||
| 2022 | 4.6% | -0.62pp | ||
| 2021 | 5.2% | -2.68pp | ||
| 2020 | 7.9% | +3.15pp | ||
| 2019 | 4.8% | +1.94pp | ||
| 2018 | 2.8% | -0.93pp | ||
| 2017 | 3.8% | +0.69pp | ||
| 2016 | 3.1% | -1.35pp | ||
| 2015 | 4.4% | +0.72pp | ||
| 2014 | 3.7% | +0.27pp | ||
| 2013 | 3.4% | -0.14pp | ||
| 2012 | 3.6% | -1.12pp | ||
| 2011 | 4.7% | +3.05pp | ||
| 2010 | 1.6% | -2.68pp | ||
| 2009 | 4.3% | +0.81pp | ||
| 2008 | 3.5% | -3.05pp | ||
| 2007 | 6.6% | -0.20pp | ||
| 2006 | 6.8% | -0.10pp | ||
| 2005 | 6.9% | +1.25pp | ||
| 2004 | 5.6% | -0.56pp | ||
| 2003 | 6.2% | -0.38pp | ||
| 2002 | 6.5% | +0.95pp | ||
| 2001 | 5.6% | — |
- 20251.6%-0.98pp
- 20242.6%-1.37pp
- 20233.9%-0.68pp
- 20224.6%-0.62pp
- 20215.2%-2.68pp
- 20207.9%+3.15pp
- 20194.8%+1.94pp
- 20182.8%-0.93pp
- 20173.8%+0.69pp
- 20163.1%-1.35pp
- 20154.4%+0.72pp
- 20143.7%+0.27pp
- 20133.4%-0.14pp
- 20123.6%-1.12pp
- 20114.7%+3.05pp
- 20101.6%-2.68pp
- 20094.3%+0.81pp
- 20083.5%-3.05pp
- 20076.6%-0.20pp
- 20066.8%-0.10pp
- 20056.9%+1.25pp
- 20045.6%-0.56pp
- 20036.2%-0.38pp
- 20026.5%+0.95pp
- 20015.6%—
FCF Margin values are taken from Elevance Health's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Elevance Health (ELV)
According to Elevance Health's latest reported financial statements, the company's latest reported free cash flow margin is 3.2%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Elevance Health (ELV) free cash flow margin is 1.59% – contracted 1.0 percentage points year-over-year.
7.93% stands as the all-time-high annual free cash flow margin, posted in 2020, against a low of 1.59% during 2025.
Elevance Health FCF Margin by Year
Elevance Health FCF Margin 2025: 1.6%
Elevance Health free cash flow margin in 2025 was 1.59%, contracted 1.0 percentage points from 2024. This figure represents the lowest annual value in the available history.
Elevance Health FCF Margin 2024: 2.6%
2024's free cash flow margin for Elevance Health came in at 2.57%, contracted 1.4 percentage points from 2023.
Elevance Health FCF Margin 2023: 3.9%
Elevance Health posted free cash flow margin of 3.95% in 2023, contracted 0.7 percentage points from 2022.
Elevance Health FCF Margin 2022: 4.6%
In 2022, Elevance Health reported free cash flow margin of 4.63%, contracted 0.6 percentage points from 2021.
Elevance Health FCF Margin 2021: 5.2%
Elevance Health free cash flow margin in 2021 was 5.25%.
See more financial history for Elevance Health (ELV).
Sector peers by FCF Margin
Healthcare peers of Elevance Health (ELV), ranked by their latest free cash flow margin
| 33.2% | |
| 23.1% | |
| 21.5% | |
| 18.8% | |
| 18.4% | |
| 15.1% | |
| 9.4% | |
| 4.4% |
- 33.2%
- 23.1%
- 21.5%
- 18.8%
- 15.1%
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