Gross Profit for Elevance Health (ELV)
According to Elevance Health's latest reported financial statements, the company's current gross profit (TTM) is $46.43B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$46.43B
YoY change
+3.4%
5Y CAGR
+8.5%
Peak year (2025)
$50.90B
Cumulative gross profit
$565.51B
Gross Profit history chart for Elevance Health (ELV) from 1998 to 2025
Gross Profit history table for Elevance Health (ELV) from 1998 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $50.90B | +3.4% | ||
| 2024 | $49.24B | +4.8% | ||
| 2023 | $47.01B | +17.7% | ||
| 2022 | $39.95B | +11.0% | ||
| 2021 | $35.99B | +6.4% | ||
| 2020 | $33.82B | +50.8% | ||
| 2019 | $22.43B | +11.0% | ||
| 2018 | $20.21B | +13.5% | ||
| 2017 | $17.80B | -1.9% | ||
| 2016 | $18.14B | +0.1% | ||
| 2015 | $18.12B | +6.2% | ||
| 2014 | $17.07B | +14.7% | ||
| 2013 | $14.89B | +11.7% | ||
| 2012 | $13.32B | +1.3% | ||
| 2011 | $13.16B | -5.4% | ||
| 2010 | $13.91B | -5.0% | ||
| 2009 | $14.65B | +2.9% | ||
| 2008 | $14.25B | -4.7% | ||
| 2007 | $14.96B | +3.2% | ||
| 2006 | $14.49B | — | ||
| 2005 | $0 | — | ||
| 2004 | $0 | -100.0% | ||
| 2003 | $16.75B | +26.4% | ||
| 2002 | $13.26B | +26.9% | ||
| 2001 | $10.44B | -39.7% | ||
| 2000 | $17.31B | +40.2% | ||
| 1999 | $12.35B | +11.5% | ||
| 1998 | $11.07B | — |
Gross Profit values are taken from Elevance Health's reported income 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 gross profit of $50.90B – edged up 3.4% year-over-year.
Over 2020–2025 (5 years), Elevance Health gross profit expanded at a +8.5% compound annual rate, sustaining 8 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $50.90B in 2025 and its low of $0 in 2004.
Elevance Health (ELV) sits 6th of 8 Healthcare peers we track on this metric, against a peer median of $53.80B.
Elevance Health Gross Profit by Year
Elevance Health Gross Profit 2025: $50.90B
Elevance Health gross profit in 2025 was $50.90B, edged up 3.4% from 2024. This figure represents the highest annual value in the available history.
Elevance Health Gross Profit 2024: $49.24B
Elevance Health gross profit in 2024 was $49.24B, edged up 4.8% from 2023.
Elevance Health Gross Profit 2023: $47.01B
Elevance Health gross profit in 2023 was $47.01B, grew 17.7% from 2022.
Elevance Health Gross Profit 2022: $39.95B
Elevance Health gross profit in 2022 was $39.95B, grew 11.0% from 2021.
Elevance Health Gross Profit 2021: $35.99B
Elevance Health gross profit in 2021 was $35.99B.
See more financial history for Elevance Health (ELV).
Sector peers — Gross Profit
Companies in the same sector as Elevance Health, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $250.28B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $82.92B | Healthcare |
| Johnson & Johnson (JNJ) | $68.56B | Healthcare |
| Eli Lilly and Company (LLY) | $54.62B | Healthcare |
| Merck & Co., Inc. (MRK) | $52.98B | Healthcare |
| AstraZeneca PLC (AZN) | $48.11B | Healthcare |
| AbbVie Inc. (ABBV) | $42.96B | Healthcare |
| Amgen Inc. (AMGN) | $26.01B | Healthcare |
Frequently asked questions
What is Elevance Health's gross profit?
- Latest reported gross profit for Elevance Health (ELV) is $46.43B (period ending March 31, 2026).
How has Elevance Health gross profit changed year-over-year?
- Elevance Health (ELV) gross profit changed +3.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Elevance Health gross profit?
- Elevance Health (ELV) gross profit compound annual growth rate is +8.5% over the most recent 5 years available.
When did Elevance Health gross profit hit its highest annual value?
- Elevance Health gross profit reached its highest annual value of $50.90B in 2025.
What was Elevance Health gross profit in 2024?
- Elevance Health (ELV) gross profit in 2024 was $49.24B.
What was Elevance Health gross profit in 2025?
- Elevance Health (ELV) gross profit in 2025 was $50.90B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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