Free Cash Flow for Elevance Health (ELV)
Free Cash Flow for Elevance Health (ELV): headline value $6.45B · YoY -30.3%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$6.45B
YoY change
-30.3%
5Y CAGR
-20.0%
Peak year (2020)
$9.67B
Latest annual
$3.17B
Free Cash Flow history chart for Elevance Health (ELV) from 2001 to 2025
Free Cash Flow history table for Elevance Health (ELV) from 2001 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $3.17B | -30.3% | ||
| 2024 | $4.55B | -32.7% | ||
| 2023 | $6.76B | -6.7% | ||
| 2022 | $7.25B | -0.4% | ||
| 2021 | $7.28B | -24.7% | ||
| 2020 | $9.67B | +94.0% | ||
| 2019 | $4.98B | +90.3% | ||
| 2018 | $2.62B | -22.8% | ||
| 2017 | $3.39B | +29.5% | ||
| 2016 | $2.62B | -25.4% | ||
| 2015 | $3.51B | +28.1% | ||
| 2014 | $2.74B | +12.2% | ||
| 2013 | $2.44B | +11.2% | ||
| 2012 | $2.20B | -23.0% | ||
| 2011 | $2.85B | +195.8% | ||
| 2010 | $965.30M | -63.7% | ||
| 2009 | $2.66B | +21.5% | ||
| 2008 | $2.19B | -45.6% | ||
| 2007 | $4.02B | +4.5% | ||
| 2006 | $3.85B | +24.4% | ||
| 2005 | $3.09B | +165.3% | ||
| 2004 | $1.17B | +12.9% | ||
| 2003 | $1.03B | +19.0% | ||
| 2002 | $867.80M | +48.5% | ||
| 2001 | $584.20M | — |
Free Cash Flow values are taken from Elevance Health's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Elevance Health (ELV) reported free cash flow of $3.17B – plunged 30.3% year-over-year.
Through 2020–2025 (5 years), Elevance Health free cash flow delivered a -20.0% annualised rate; with a net decline across the window.
Elevance Health free cash flow peaked at $9.67B in 2020; the latest annual figure is $3.17B in 2025 (67.2% below peak).
Across the available history, free cash flow reached its high of $9.67B in 2020 and its low of $584.20M in 2001.
Elevance Health (ELV) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $14.22B.
Elevance Health Free Cash Flow by Year
Elevance Health Free Cash Flow 2025: $3.17B
Elevance Health free cash flow in 2025 was $3.17B, plunged 30.3% below 2024.
Elevance Health Free Cash Flow 2024: $4.55B
Elevance Health free cash flow in 2024 was $4.55B, plunged 32.7% below 2023.
Elevance Health Free Cash Flow 2023: $6.76B
Elevance Health free cash flow in 2023 was $6.76B, declined 6.7% below 2022.
Elevance Health Free Cash Flow 2022: $7.25B
Elevance Health free cash flow in 2022 was $7.25B, edged down 0.4% below 2021.
Elevance Health Free Cash Flow 2021: $7.28B
Elevance Health free cash flow in 2021 was $7.28B.
See more financial history for Elevance Health (ELV).
Sector peers — Free Cash Flow
Companies in the same sector as Elevance Health, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $28.99B | Healthcare |
| Johnson & Johnson (JNJ) | $19.70B | Healthcare |
| AbbVie Inc. (ABBV) | $17.82B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $16.07B | Healthcare |
| Merck & Co., Inc. (MRK) | $12.36B | Healthcare |
| AstraZeneca PLC (AZN) | $11.77B | Healthcare |
| Eli Lilly and Company (LLY) | $8.97B | Healthcare |
| Amgen Inc. (AMGN) | $8.10B | Healthcare |
Frequently asked questions
What is Elevance Health's free cash flow?
Latest reported free cash flow for Elevance Health (ELV) is $6.45B (period ending March 31, 2026).
How has Elevance Health free cash flow changed year-over-year?
Elevance Health (ELV) free cash flow changed -30.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Elevance Health free cash flow?
Elevance Health (ELV) free cash flow compound annual growth rate is -20.0% over the most recent 5 years available.
When did Elevance Health free cash flow hit its highest annual value?
Elevance Health free cash flow reached its highest annual value of $9.67B in 2020.
What was Elevance Health free cash flow in 2024?
Elevance Health (ELV) free cash flow in 2024 was $4.55B.
What was Elevance Health free cash flow in 2025?
Elevance Health (ELV) free cash flow in 2025 was $3.17B.
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