TTM
23.2%
YoY change
−2.29pp
Trough year (2017)
19.8%
Peak year (2024)
27.9%
Latest annual
25.6%
Gross Margin history chart for Elevance Health (ELV) from 2006 to 2025
Latest: 25.6%
Gross Margin change chart for Elevance Health (ELV) from 2006 to 2025
Latest: −2.29pp
Gross Margin history table for Elevance Health (ELV) from 2006 to 2025
| 2025 | 25.6% | -2.29pp | ||
| 2024 | 27.9% | +0.41pp | ||
| 2023 | 27.4% | +1.92pp | ||
| 2022 | 25.5% | -0.45pp | ||
| 2021 | 26.0% | -1.79pp | ||
| 2020 | 27.8% | +6.23pp | ||
| 2019 | 21.5% | -0.42pp | ||
| 2018 | 21.9% | +2.17pp | ||
| 2017 | 19.8% | -1.58pp | ||
| 2016 | 21.4% | -1.52pp | ||
| 2015 | 22.9% | -0.22pp | ||
| 2014 | 23.1% | +2.16pp | ||
| 2013 | 20.9% | -0.72pp | ||
| 2012 | 21.6% | +0.01pp | ||
| 2011 | 21.6% | -2.01pp | ||
| 2010 | 23.6% | -0.12pp | ||
| 2009 | 23.8% | +0.96pp | ||
| 2008 | 22.8% | -1.55pp | ||
| 2007 | 24.4% | -1.05pp | ||
| 2006 | 25.4% | — |
- 202525.6%-2.29pp
- 202427.9%+0.41pp
- 202327.4%+1.92pp
- 202225.5%-0.45pp
- 202126.0%-1.79pp
- 202027.8%+6.23pp
- 201921.5%-0.42pp
- 201821.9%+2.17pp
- 201719.8%-1.58pp
- 201621.4%-1.52pp
- 201522.9%-0.22pp
- 201423.1%+2.16pp
- 201320.9%-0.72pp
- 201221.6%+0.01pp
- 201121.6%-2.01pp
- 201023.6%-0.12pp
- 200923.8%+0.96pp
- 200822.8%-1.55pp
- 200724.4%-1.05pp
- 200625.4%—
Gross 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 Gross Margin at Elevance Health (ELV)
According to Elevance Health's latest reported financial statements, the company's latest reported gross margin is 23.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Elevance Health (ELV) came in at 25.56% – contracted 2.3 percentage points year-over-year.
The highest annual gross margin of 27.85% was reported in 2024. The lowest in the available history was 19.77% in 2017.
Elevance Health Gross Margin by Year
Elevance Health Gross Margin 2025: 25.6%
In 2025, Elevance Health reported gross margin of 25.56%, contracted 2.3 percentage points from 2024.
Elevance Health Gross Margin 2024: 27.9%
Elevance Health gross margin in 2024 was 27.85%, expanded 0.4 percentage points from 2023. This figure represents the highest annual value in the available history.
Elevance Health Gross Margin 2023: 27.4%
2023's gross margin for Elevance Health came in at 27.44%, expanded 1.9 percentage points from 2022.
Elevance Health Gross Margin 2022: 25.5%
Elevance Health posted gross margin of 25.51% in 2022, contracted 0.4 percentage points from 2021.
Elevance Health Gross Margin 2021: 26.0%
Elevance Health gross margin in 2021 was 25.96%.
See more financial history for Elevance Health (ELV).
Sector peers by Gross Margin
Healthcare peers of Elevance Health (ELV), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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