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Net Income for Elevance Health (ELV)

According to Elevance Health's latest reported financial statements, the company's current net income (TTM) is $5.24B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$5.24B

YoY change

-5.3%

5Y CAGR

+4.4%

Peak year (2021)

$6.10B

Cumulative net income

$84.25B

Net Income history chart for Elevance Health (ELV) from 1998 to 2025

Net Income history table for Elevance Health (ELV) from 1998 to 2025

Fiscal yearPeriod endedReportedNet IncomeYoY
2025$5.66B-5.3%
2024$5.98B-0.1%
2023$5.99B+1.6%
2022$5.89B-3.4%
2021$6.10B+33.5%
2020$4.57B-4.9%
2019$4.81B+28.2%
2018$3.75B-2.4%
2017$3.84B+55.6%
2016$2.47B-3.5%
2015$2.56B-0.4%
2014$2.57B-3.2%
2013$2.65B-0.0%
2012$2.66B+0.3%
2011$2.65B-8.3%
2010$2.89B-39.2%
2009$4.75B+90.5%
2008$2.49B-25.5%
2007$3.35B+8.1%
2006$3.09B+25.6%
2005$2.46B+156.6%
2004$960.10M+24.0%
2003$774.30M+41.0%
2002$549.10M+60.5%
2001$342.20M+51.4%
2000$226.00M+403.3%
1999$44.90M-74.0%
1998$172.40M

Net Income 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

The 2025 reading of Elevance Health (ELV) net income is $5.66B – declined 5.3% year-over-year.

Over 2020–2025 (5 years), Elevance Health net income expanded at a +4.4% compound annual rate, with the latest reading among the more recent periods of the dataset.

Between 2021 and 2025, Elevance Health net income declined 7.2%, falling from $6.10B to $5.66B.

The highest annual net income of $6.10B was reported in 2021. The lowest in the available history was $44.90M in 1999.

Among 8 Healthcare peers, Elevance Health (ELV) ranks 8th; the peer median for net income is $15.15B.

Elevance Health Net Income by Year

Elevance Health Net Income 2025: $5.66B

Elevance Health net income in 2025 was $5.66B, declined 5.3% below 2024.

Elevance Health Net Income 2024: $5.98B

Elevance Health net income in 2024 was $5.98B, edged down 0.1% below 2023.

Elevance Health Net Income 2023: $5.99B

Elevance Health net income in 2023 was $5.99B, edged up 1.6% from 2022.

Elevance Health Net Income 2022: $5.89B

Elevance Health net income in 2022 was $5.89B, edged down 3.4% below 2021.

Elevance Health Net Income 2021: $6.10B

Elevance Health net income in 2021 was $6.10B.

See more financial history for Elevance Health (ELV).

Sector peers — Net Income

Companies in the same sector as Elevance Health, ranked by their latest net income.

CompanyNet IncomeSector
Novo Nordisk A/S (NVO)$102.43BHealthcare
Johnson & Johnson (JNJ)$26.80BHealthcare
Eli Lilly and Company (LLY)$20.64BHealthcare
Merck & Co., Inc. (MRK)$18.25BHealthcare
UnitedHealth Group Incorporated (UNH)$12.06BHealthcare
AstraZeneca PLC (AZN)$10.26BHealthcare
Amgen Inc. (AMGN)$7.71BHealthcare
AbbVie Inc. (ABBV)$4.23BHealthcare

Frequently asked questions

What is Elevance Health's net income?

Latest reported net income for Elevance Health (ELV) is $5.24B (period ending March 31, 2026).

How has Elevance Health net income changed year-over-year?

Elevance Health (ELV) net income changed -5.3% year-over-year on the latest annual filing.

What is the long-term growth rate of Elevance Health net income?

Elevance Health (ELV) net income compound annual growth rate is +4.4% over the most recent 5 years available.

When did Elevance Health net income hit its highest annual value?

Elevance Health net income reached its highest annual value of $6.10B in 2021.

What was Elevance Health net income in 2024?

Elevance Health (ELV) net income in 2024 was $5.98B.

What was Elevance Health net income in 2025?

Elevance Health (ELV) net income in 2025 was $5.66B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.