Total Debt for Elevance Health (ELV)
According to Elevance Health's latest reported financial statements, the company's latest reported total debt is $31.84B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$31.84B
YoY change
+1.6%
5Y CAGR
+8.8%
Peak year (2025)
$33.23B
Latest annual
$33.23B
Total Debt history chart for Elevance Health (ELV) from 1998 to 2025
Total Debt history table for Elevance Health (ELV) from 1998 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $33.23B | +1.6% | ||
| 2024 | $32.70B | +22.7% | ||
| 2023 | $26.65B | +3.3% | ||
| 2022 | $25.80B | +3.6% | ||
| 2021 | $24.89B | +14.0% | ||
| 2020 | $21.84B | +3.0% | ||
| 2019 | $21.21B | +10.4% | ||
| 2018 | $19.21B | -3.6% | ||
| 2017 | $19.93B | +26.7% | ||
| 2016 | $15.73B | -0.9% | ||
| 2015 | $15.86B | +5.5% | ||
| 2014 | $15.04B | +3.8% | ||
| 2013 | $14.49B | -3.2% | ||
| 2012 | $14.98B | +52.2% | ||
| 2011 | $9.84B | +9.9% | ||
| 2010 | $8.95B | +6.6% | ||
| 2009 | $8.40B | -5.0% | ||
| 2008 | $8.84B | -2.2% | ||
| 2007 | $9.04B | +28.9% | ||
| 2006 | $7.01B | +3.1% | ||
| 2005 | $6.81B | +53.7% | ||
| 2004 | $4.43B | +114.4% | ||
| 2003 | $2.06B | +24.4% | ||
| 2002 | $1.66B | +47.0% | ||
| 2001 | $1.13B | +88.9% | ||
| 2000 | $597.50M | +14.5% | ||
| 1999 | $522.00M | +72.9% | ||
| 1998 | $301.90M | — |
Total Debt values are taken from Elevance Health's reported balance sheets (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 total debt stands at $33.23B (2025) – edged up 1.6% year-over-year.
Elevance Health total debt compound annual growth for the 2020–2025 (5 years) window is +8.8%, with the latest reading among the more recent periods of the dataset.
$33.23B stands as the all-time-high annual total debt, posted in 2025, against a low of $301.90M during 1998.
Among 8 Healthcare peers, Elevance Health (ELV) ranks 8th; the peer median for total debt is $52.57B.
Elevance Health Total Debt by Year
Elevance Health Total Debt 2025: $33.23B
Elevance Health total debt in 2025 was $33.23B, edged up 1.6% from 2024. This figure represents the highest annual value in the available history.
Elevance Health Total Debt 2024: $32.70B
Elevance Health total debt in 2024 was $32.70B, grew 22.7% from 2023.
Elevance Health Total Debt 2023: $26.65B
Elevance Health total debt in 2023 was $26.65B, edged up 3.3% from 2022.
Elevance Health Total Debt 2022: $25.80B
Elevance Health total debt in 2022 was $25.80B, edged up 3.6% from 2021.
Elevance Health Total Debt 2021: $24.89B
Elevance Health total debt in 2021 was $24.89B.
See more financial history for Elevance Health (ELV).
Sector peers — Total Debt
Companies in the same sector as Elevance Health, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $130.96B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $78.39B | Healthcare |
| AbbVie Inc. (ABBV) | $69.07B | Healthcare |
| Amgen Inc. (AMGN) | $54.60B | Healthcare |
| Merck & Co., Inc. (MRK) | $50.53B | Healthcare |
| Johnson & Johnson (JNJ) | $47.93B | Healthcare |
| Eli Lilly and Company (LLY) | $42.50B | Healthcare |
| AstraZeneca PLC (AZN) | $29.70B | Healthcare |
Frequently asked questions
What is Elevance Health's total debt?
- Latest reported total debt for Elevance Health (ELV) is $31.84B (period ending March 31, 2026).
How has Elevance Health total debt changed year-over-year?
- Elevance Health (ELV) total debt changed +1.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Elevance Health total debt?
- Elevance Health (ELV) total debt compound annual growth rate is +8.8% over the most recent 5 years available.
When did Elevance Health total debt hit its highest annual value?
- Elevance Health total debt reached its highest annual value of $33.23B in 2025.
What was Elevance Health total debt in 2024?
- Elevance Health (ELV) total debt in 2024 was $32.70B.
What was Elevance Health total debt in 2025?
- Elevance Health (ELV) total debt in 2025 was $33.23B.
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