Shares Outstanding for Elevance Health (ELV)
According to Elevance Health's latest reported financial statements, the company's latest reported diluted shares outstanding is 220.40M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
220.40M
YoY change
-4.8%
5Y CAGR
-2.7%
Peak year (2006)
642.10M
Latest annual
221.80M
Shares Outstanding history chart for Elevance Health (ELV) from 1998 to 2025
Shares Outstanding history table for Elevance Health (ELV) from 1998 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 221.80M | -4.8% | ||
| 2024 | 232.90M | -1.9% | ||
| 2023 | 237.40M | -2.2% | ||
| 2022 | 242.80M | -1.6% | ||
| 2021 | 246.80M | -2.9% | ||
| 2020 | 254.30M | -2.3% | ||
| 2019 | 260.30M | +2.4% | ||
| 2018 | 254.30M | -5.0% | ||
| 2017 | 267.80M | -0.1% | ||
| 2016 | 268.10M | -1.8% | ||
| 2015 | 272.90M | -4.5% | ||
| 2014 | 285.90M | -5.9% | ||
| 2013 | 303.80M | -6.5% | ||
| 2012 | 324.80M | -11.0% | ||
| 2011 | 365.10M | -12.2% | ||
| 2010 | 415.80M | -13.9% | ||
| 2009 | 483.20M | -7.8% | ||
| 2008 | 524.30M | -12.9% | ||
| 2007 | 602.00M | -6.2% | ||
| 2006 | 642.10M | +2.7% | ||
| 2005 | 625.33M | +118.9% | ||
| 2004 | 285.67M | +0.7% | ||
| 2003 | 283.63M | +16.7% | ||
| 2002 | 242.96M | +17.2% | ||
| 2001 | 207.39M | +0.6% | ||
| 2000 | 206.18M | 0.0% | ||
| 1999 | 206.18M | 0.0% | ||
| 1998 | 206.18M | — |
Shares Outstanding 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
Elevance Health (ELV) most recent annual diluted shares outstanding stands at 221.80M (2025) – edged down 4.8% year-over-year.
Through 2020–2025 (5 years), Elevance Health diluted shares outstanding delivered a -2.7% annualised rate; with a net decline across the window.
Between 2006 and 2025, Elevance Health diluted shares outstanding plunged 65.5%, falling from 642.10M to 221.80M.
The dataset's maximum diluted shares outstanding sits at 642.10M (2006); the minimum reading of 206.18M dates to 1998.
Within Healthcare, Elevance Health (ELV) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.34B.
Elevance Health Shares Outstanding by Year
Elevance Health Shares Outstanding 2025: 221.80M
Elevance Health diluted shares outstanding in 2025 was 221.80M, edged down 4.8% below 2024.
Elevance Health Shares Outstanding 2024: 232.90M
Elevance Health diluted shares outstanding in 2024 was 232.90M, edged down 1.9% below 2023.
Elevance Health Shares Outstanding 2023: 237.40M
Elevance Health diluted shares outstanding in 2023 was 237.40M, edged down 2.2% below 2022.
Elevance Health Shares Outstanding 2022: 242.80M
Elevance Health diluted shares outstanding in 2022 was 242.80M, edged down 1.6% below 2021.
Elevance Health Shares Outstanding 2021: 246.80M
Elevance Health diluted shares outstanding in 2021 was 246.80M.
See more financial history for Elevance Health (ELV).
Sector peers — Shares Outstanding
Companies in the same sector as Elevance Health, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | 4.45B | Healthcare |
| Merck & Co., Inc. (MRK) | 2.51B | Healthcare |
| Johnson & Johnson (JNJ) | 2.43B | Healthcare |
| AbbVie Inc. (ABBV) | 1.77B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | 910.00M | Healthcare |
| Eli Lilly and Company (LLY) | 898.00M | Healthcare |
| AstraZeneca PLC (AZN) | 781.00M | Healthcare |
| Amgen Inc. (AMGN) | 542.00M | Healthcare |
Frequently asked questions
What is Elevance Health's diluted shares outstanding?
- Latest reported diluted shares outstanding for Elevance Health (ELV) is 220.40M (period ending March 31, 2026).
How has Elevance Health diluted shares outstanding changed year-over-year?
- Elevance Health (ELV) diluted shares outstanding changed -4.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Elevance Health diluted shares outstanding?
- Elevance Health (ELV) diluted shares outstanding compound annual growth rate is -2.7% over the most recent 5 years available.
When did Elevance Health diluted shares outstanding hit its highest annual value?
- Elevance Health diluted shares outstanding reached its highest annual value of 642.10M in 2006.
What was Elevance Health diluted shares outstanding in 2024?
- Elevance Health (ELV) diluted shares outstanding in 2024 was 232.90M.
What was Elevance Health diluted shares outstanding in 2025?
- Elevance Health (ELV) diluted shares outstanding in 2025 was 221.80M.
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