marketcaparena

ELV

Elevance Health, Inc.

Company overview

Market capitalization
$85.57B
Employees
96,129
Latest publication
2026-09-29
About Elevance Health, Inc.

Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to individual, employer group risk-based and fee-based, BlueCard, Medicare, Medicaid, and FEP members; health products; a broad array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, and supplemental health insurance benefits. The company also operates in the pharmacy services business; and markets and offers pharmacy services, including home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services, as well as infusion services and injectable therapies through ambulatory infusion centers. In addition, it provides healthcare related services and capabilities, including specialty care enablement and utilization management support for specialized clinical domains; behavioral health and comprehensive care management services; palliative care services and management; virtual care; and payment integrity, subrogation, clinical data exchange through its HealthOS platform, research and data, reporting and clinical analytics, information technology, and business process support services, as well as manages home health, post-acute institutional management, and durable medical equipment costs; and supports plans in managing home and community-based services. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is based in Indianapolis, Indiana.

Company website

Financial statements

Income YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Total Revenue100,655,000,000USD
Total Operating Expenses95,471,000,000USD
Operating Income3,849,000,000USD
Total Other Income Expense Net392,000,000USD
Interest Expense721,000,000USD
Income Before Tax4,241,000,000USD
Income Tax Expense1,027,000,000USD
Net Income3,214,000,000USD
Minority Interest-13,000,000USD
Net Income Applicable To Common Shares3,227,000,000USD
SourceDisclosureDeterministicFinal

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue50,474,000,000USD50,181,000,000USD49,747,000,000USD50,711,000,000USD49,776,000,000USD48,891,000,000USD45,145,000,000USD43,646,000,000USD
Selling General Administrative5,547,000,000USD6,330,000,000USD——1,838,000,000USD—1,838,000,000USD—
Other Operating Expenses110,000,000USD———————
Total Operating Expenses48,063,000,000USD6,442,000,000USD11,101,000,000USD10,814,000,000USD10,437,000,000USD10,438,000,000USD10,484,000,000USD10,048,000,000USD
Operating Income1,763,000,000USD2,661,000,000USD581,000,000USD1,757,000,000USD2,633,000,000USD3,141,000,000USD1,712,000,000USD3,026,000,000USD
Total Other Income Expense Net174,000,000USD-357,000,000USD-366,000,000USD-351,000,000USD-341,000,000USD-344,000,000USD-339,000,000USD-40,000,000USD
Interest Expense364,000,000USD357,000,000USD366,000,000USD351,000,000USD341,000,000USD344,000,000USD300,000,000USD280,000,000USD
Income Before Tax1,937,000,000USD2,304,000,000USD215,000,000USD1,406,000,000USD2,292,000,000USD2,797,000,000USD1,373,000,000USD2,986,000,000USD
Income Tax Expense483,000,000USD544,000,000USD-331,000,000USD219,000,000USD548,000,000USD613,000,000USD365,000,000USD685,000,000USD
Net Income1,454,000,000USD1,764,000,000USD547,000,000USD1,189,000,000USD1,743,000,000USD2,183,000,000USD1,016,000,000USD2,300,000,000USD
Minority Interest-9,000,000USD4,000,000USD1,000,000USD2,000,000USD-1,000,000USD-1,000,000USD8,000,000USD-1,000,000USD
Net Income Applicable To Common Shares1,463,000,000USD—547,000,000USD1,189,000,000USD1,743,000,000USD2,183,000,000USD——
Cost Of Revenue—41,078,000,000USD38,065,000,000USD38,140,000,000USD36,706,000,000USD35,312,000,000USD32,949,000,000USD30,572,000,000USD
Gross Profit—9,103,000,000USD11,682,000,000USD12,571,000,000USD13,070,000,000USD13,579,000,000USD12,196,000,000USD13,074,000,000USD
Unclassified Operating Expenses—112,000,000USD11,101,000,000USD10,814,000,000USD6,168,000,000USD10,438,000,000USD6,215,000,000USD10,048,000,000USD
Net Interest Income—-357,000,000USD-366,000,000USD-351,000,000USD-341,000,000USD-344,000,000USD-300,000,000USD-280,000,000USD
Tax Provision—544,000,000USD-331,000,000USD219,000,000USD548,000,000USD613,000,000USD365,000,000USD685,000,000USD
Net Income From Continuing Ops—1,760,000,000USD546,000,000USD1,187,000,000USD1,744,000,000USD2,184,000,000USD1,008,000,000USD2,301,000,000USD
Ebit—2,661,000,000USD581,000,000USD1,757,000,000USD2,633,000,000USD3,141,000,000USD1,673,000,000USD3,266,000,000USD
Ebitda—2,773,000,000USD987,000,000USD2,144,000,000USD3,013,000,000USD3,514,000,000USD2,002,000,000USD3,601,000,000USD
Depreciation And Amortization—112,000,000USD406,000,000USD387,000,000USD380,000,000USD373,000,000USD329,000,000USD335,000,000USD
Reconciled Depreciation—354,000,000USD406,000,000USD387,000,000USD380,000,000USD373,000,000USD329,000,000USD335,000,000USD
Interest Income——366,000,000USD351,000,000USD341,000,000USD344,000,000USD——
Selling And Marketing Expenses————2,431,000,000USD—2,431,000,000USD—
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Revenue199,125,000,000USD176,810,000,000USD171,340,000,000USD156,595,000,000USD138,639,000,000USD121,867,000,000USD104,213,000,000USD92,105,000,000USD
Cost Of Revenue148,223,000,000USD127,567,000,000USD124,330,000,000USD116,642,000,000USD102,645,000,000USD88,045,000,000USD81,786,000,000USD71,895,000,000USD
Gross Profit50,902,000,000USD49,243,000,000USD47,010,000,000USD39,953,000,000USD35,994,000,000USD33,822,000,000USD22,427,000,000USD20,210,000,000USD
Unclassified Operating Expenses42,790,000,000USD40,355,000,000USD38,265,000,000USD13,816,000,000USD27,041,087,000USD8,661,000,000USD2,330,000,000USD353,000,000USD
Total Operating Expenses42,790,000,000USD40,355,000,000USD38,265,000,000USD31,502,000,000USD27,048,000,000USD26,111,000,000USD15,694,000,000USD14,373,000,000USD
Operating Income8,112,000,000USD8,888,000,000USD8,745,000,000USD8,451,000,000USD8,946,000,000USD7,711,000,000USD6,733,000,000USD5,837,000,000USD
Interest Income1,402,000,000USD1,185,000,000USD1,030,000,000USD851,000,000USD798,000,000USD784,000,000USD746,000,000USD753,000,000USD
Interest Expense1,402,000,000USD1,185,000,000USD1,030,000,000USD851,000,000USD798,000,000USD784,000,000USD746,000,000USD753,000,000USD
Net Interest Income-1,402,000,000USD-1,185,000,000USD-1,000,000,000USD-851,000,000USD-798,000,000USD-784,000,000USD-746,000,000USD-753,000,000USD
Income Before Tax6,710,000,000USD7,904,000,000USD7,715,000,000USD7,600,000,000USD7,925,000,000USD6,238,000,000USD5,985,000,000USD5,068,000,000USD
Income Tax Expense1,049,000,000USD1,933,000,000USD1,724,000,000USD1,712,000,000USD1,830,000,000USD1,666,000,000USD1,178,000,000USD1,318,000,000USD
Tax Provision1,049,000,000USD1,933,000,000USD1,760,000,000USD1,750,000,000USD1,830,000,000USD1,666,000,000USD1,178,000,000USD1,318,000,000USD
Net Income5,662,000,000USD5,980,000,000USD5,987,000,000USD5,894,000,000USD6,104,000,000USD4,572,000,000USD4,807,000,000USD3,750,000,000USD
Net Income From Continuing Ops5,661,000,000USD5,971,000,000USD6,168,000,000USD6,019,000,000USD6,095,000,000USD4,572,000,000USD7,163,000,000USD6,386,000,000USD
Ebit8,112,000,000USD9,089,000,000USD8,745,000,000USD8,451,000,000USD8,723,000,000USD7,022,000,000USD6,731,000,000USD5,821,000,000USD
Ebitda9,658,000,000USD10,482,000,000USD10,490,000,000USD10,126,000,000USD10,025,000,000USD8,176,000,000USD7,864,000,000USD6,953,000,000USD
Depreciation And Amortization1,546,000,000USD1,393,000,000USD1,745,000,000USD1,675,000,000USD1,302,000,000USD1,154,000,000USD1,133,000,000USD1,132,000,000USD
Reconciled Depreciation1,546,000,000USD1,393,000,000USD1,794,000,000USD1,675,000,000USD1,302,000,000USD1,154,000,000USD1,133,000,000USD1,132,000,000USD
Total Other Income Expense Net-1,402,000,000USD-984,000,000USD-1,030,000,000USD-851,000,000USD-1,021,000,000USD-1,473,000,000USD-748,000,000USD-769,000,000USD
Minority Interest1,000,000USD9,000,000USD-41,000,000USD6,000,000USD9,000,000USD0USD——
Net Income Applicable To Common Shares5,662,000,000USD5,980,000,000USD5,987,000,000USD6,025,000,000USD6,104,000,000USD4,572,000,000USD4,807,000,000USD3,750,000,000USD
Selling General Administrative———7,453,000,000USD6,913,000USD17,450,000,000USD13,364,000,000USD14,020,000,000USD
Selling And Marketing Expenses———10,233,000,000USD————
Research Development———————0USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets126,438,000,000USD125,827,000,000USD121,494,000,000USD122,749,000,000USD121,938,000,000USD119,717,000,000USD116,889,000,000USD116,533,000,000USD
Cash And Equivalents10,232,000,000USD—9,491,000,000USD8,713,000,000USD8,560,000,000USD7,500,000,000USD8,288,000,000USD—
Long Term Investments11,130,000,000USD28,530,000,000USD27,745,000,000USD28,614,000,000USD27,319,000,000USD27,212,000,000USD27,428,000,000USD30,960,000,000USD
Total Current Assets67,184,000,000USD67,032,000,000USD24,726,000,000USD23,370,000,000USD24,479,000,000USD23,105,000,000USD21,343,000,000USD20,210,000,000USD
Other Current Assets6,278,000,000USD8,681,000,000USD-32,191,000,000USD-57,345,000,000USD-56,983,000,000USD-55,118,000,000USD-52,560,000,000USD-55,219,000,000USD
Other Non Current Assets2,898,000,000USD———————
Total Liabilities81,416,000,000USD———————
Total Current Liabilities44,254,000,000USD45,309,000,000USD19,957,000,000USD18,077,000,000USD20,724,000,000USD20,345,000,000USD19,421,000,000USD19,599,000,000USD
Other Current Liabilities13,681,000,000USD———————
Other Non Current Liabilities4,287,000,000USD———————
Total Stockholder Equity44,883,000,000USD43,902,000,000USD43,882,000,000USD43,953,000,000USD43,722,000,000USD42,503,000,000USD41,315,000,000USD43,775,000,000USD
Total Equity Including Noncontrolling Interest45,022,000,000USD———————
Short Long Term Debt375,000,000USD1,074,000,000USD1,249,000,000USD929,000,000USD2,008,000,000USD1,893,000,000USD2,014,000,000USD2,460,000,000USD
Long Term Debt30,669,000,000USD30,768,000,000USD30,797,000,000USD31,173,000,000USD28,178,000,000USD28,110,000,000USD29,218,000,000USD24,688,000,000USD
Property Plant Equipment Net4,645,000,000USD4,657,000,000USD5,131,000,000USD4,657,000,000USD4,641,000,000USD4,617,000,000USD5,219,000,000USD4,505,000,000USD
Goodwill28,339,000,000USD———————
Intangible Assets10,983,000,000USD11,093,000,000USD11,200,000,000USD11,327,000,000USD11,490,000,000USD11,940,000,000USD12,094,000,000USD10,325,000,000USD
Accounts Payable6,632,000,000USD6,209,000,000USD17,084,000,000USD17,148,000,000USD17,155,000,000USD16,812,000,000USD15,746,000,000USD15,346,000,000USD
Common Stock2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD
Retained Earnings36,675,000,000USD35,796,000,000USD35,393,000,000USD35,586,000,000USD35,549,000,000USD34,546,000,000USD33,549,000,000USD35,157,000,000USD
Accumulated Other Comprehensive Income-711,000,000USD-741,000,000USD-451,000,000USD-543,000,000USD-760,000,000USD-911,000,000USD-1,147,000,000USD-489,000,000USD
Total Liab—81,785,000,000USD77,468,000,000USD78,667,000,000USD78,087,000,000USD77,097,000,000USD75,463,000,000USD72,654,000,000USD
Other Current Liab—36,617,000,000USD22,702,000,000USD-25,993,000,000USD-28,002,000,000USD-27,476,000,000USD-26,195,000,000USD-25,854,000,000USD
Capital Stock—2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD
Good Will—28,340,000,000USD28,344,000,000USD28,451,000,000USD28,368,000,000USD28,420,000,000USD28,277,000,000USD25,967,000,000USD
Cash—9,657,000,000USD9,491,000,000USD8,713,000,000USD8,560,000,000USD7,500,000,000USD8,288,000,000USD7,866,000,000USD
Cash And Short Term Investments—35,562,000,000USD9,491,000,000USD8,713,000,000USD8,560,000,000USD7,500,000,000USD8,288,000,000USD7,866,000,000USD
Current Deferred Revenue—1,759,000,000USD1,493,000,000USD1,831,000,000USD1,561,000,000USD1,640,000,000USD1,508,000,000USD1,793,000,000USD
Net Debt—22,185,000,000USD23,744,000,000USD23,389,000,000USD21,626,000,000USD22,503,000,000USD24,413,000,000USD19,282,000,000USD
Short Term Debt—724,000,000USD1,380,000,000USD929,000,000USD2,008,000,000USD1,893,000,000USD2,167,000,000USD2,460,000,000USD
Short Long Term Debt Total—31,842,000,000USD33,235,000,000USD32,102,000,000USD30,186,000,000USD30,003,000,000USD32,701,000,000USD27,148,000,000USD
Short Term Investments—25,905,000,000USD25,884,000,000USD26,283,000,000USD25,298,000,000USD25,437,000,000USD25,201,000,000USD28,954,000,000USD
Net Receivables—22,789,000,000USD15,235,000,000USD14,657,000,000USD15,919,000,000USD15,605,000,000USD13,055,000,000USD12,344,000,000USD
Common Stock Shares Outstanding—220,400,000shares221,800,000shares225,800,000shares225,800,000shares227,200,000shares231,100,000shares233,100,000shares
Non Current Assets Total—58,795,000,000USD96,768,000,000USD99,379,000,000USD97,459,000,000USD96,612,000,000USD95,546,000,000USD96,323,000,000USD
Non Current Liabilities Total—36,476,000,000USD57,511,000,000USD60,590,000,000USD57,363,000,000USD56,752,000,000USD56,042,000,000USD53,055,000,000USD
Non Currrent Assets Other—2,582,000,000USD13,211,000,000USD15,682,000,000USD15,175,000,000USD14,256,000,000USD12,573,000,000USD15,172,000,000USD
Unclassified Non Current Assets—-16,407,000,000USD-110,357,000,000USD-112,101,000,000USD-111,472,000,000USD-109,550,000,000USD-106,934,000,000USD-107,139,000,000USD
Unclassified Current Liabilities—-1,074,000,000USD-23,951,000,000USD-2,760,000,000USD-2,008,000,000USD-1,893,000,000USD-2,014,000,000USD-2,460,000,000USD
Unclassified Non Current Liabilities—5,708,000,000USD26,714,000,000USD29,417,000,000USD29,185,000,000USD28,642,000,000USD26,824,000,000USD28,367,000,000USD
Unclassified Equity—8,843,000,000USD8,936,000,000USD8,906,000,000USD8,929,000,000USD8,864,000,000USD8,909,000,000USD9,103,000,000USD
Other Assets——121,494,000,000USD122,749,000,000USD121,938,000,000USD119,717,000,000USD116,889,000,000USD116,533,000,000USD
Unclassified Current Assets——-25,884,000,000USD-26,283,000,000USD-25,298,000,000USD-25,437,000,000USD-25,201,000,000USD-28,954,000,000USD
Inventory———————-11,190,000,000USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets121,494,000,000USD116,889,000,000USD108,928,000,000USD102,755,000,000USD97,460,000,000USD88,276,000,000USD78,254,000,000USD72,470,000,000USD
Intangible Assets11,200,000,000USD12,094,000,000USD10,273,000,000USD10,315,000,000USD10,615,000,000USD9,405,000,000USD8,674,000,000USD9,007,000,000USD
Other Current Assets-32,191,000,000USD-52,560,000,000USD-54,005,000,000USD-49,383,000,000USD-30,016,000,000USD-40,132,000,000USD-35,004,000,000USD-29,958,000,000USD
Total Liab77,468,000,000USD75,463,000,000USD69,523,000,000USD66,425,000,000USD61,332,000,000USD55,077,000,000USD46,526,000,000USD43,929,000,000USD
Total Stockholder Equity43,882,000,000USD41,315,000,000USD39,306,000,000USD36,243,000,000USD36,060,000,000USD33,199,000,000USD31,728,000,000USD28,541,000,000USD
Other Current Liab22,702,000,000USD-26,195,000,000USD-26,297,000,000USD-24,080,000,000USD-5,990,000,000USD-18,811,000,000USD-16,355,000,000USD-15,309,000,000USD
Common Stock2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD3,000,000USD3,000,000USD3,000,000USD
Capital Stock2,000,000USD2,000,000USD2,000,000USD2,000,000USD2,000,000USD3,000,000USD3,000,000USD3,000,000USD
Retained Earnings35,393,000,000USD33,549,000,000USD31,749,000,000USD29,647,000,000USD27,088,000,000USD23,802,000,000USD22,573,000,000USD19,988,000,000USD
Good Will28,344,000,000USD28,277,000,000USD25,317,000,000USD24,383,000,000USD24,228,000,000USD21,691,000,000USD20,500,000,000USD20,504,000,000USD
Other Assets121,494,000,000USD116,889,000,000USD108,928,000,000USD102,755,000,000USD97,460,000,000USD86,615,000,000USD77,453,000,000USD71,571,000,000USD
Cash9,491,000,000USD8,288,000,000USD6,526,000,000USD7,387,000,000USD4,880,000,000USD5,741,000,000USD4,937,000,000USD3,934,000,000USD
Cash And Equivalents9,491,000,000USD8,288,000,000USD6,526,000,000USD7,387,000,000USD4,880,000,000USD5,741,000,000USD4,937,000,000USD3,934,000,000USD
Cash And Short Term Investments9,491,000,000USD8,288,000,000USD6,526,000,000USD7,387,000,000USD4,880,000,000USD5,741,000,000USD4,937,000,000USD3,934,000,000USD
Total Current Assets24,726,000,000USD21,343,000,000USD18,986,000,000USD19,133,000,000USD14,571,000,000USD13,869,000,000USD12,521,000,000USD10,677,000,000USD
Total Current Liabilities19,957,000,000USD19,421,000,000USD19,551,000,000USD18,654,000,000USD15,525,000,000USD12,169,000,000USD11,298,000,000USD9,448,000,000USD
Current Deferred Revenue1,493,000,000USD1,508,000,000USD1,402,000,000USD1,112,000,000USD1,153,000,000USD1,259,000,000USD1,017,000,000USD902,000,000USD
Net Debt23,744,000,000USD24,413,000,000USD20,128,000,000USD18,410,000,000USD20,012,000,000USD16,098,000,000USD16,270,000,000USD15,277,000,000USD
Short Term Debt1,380,000,000USD2,167,000,000USD2,038,000,000USD1,946,000,000USD2,007,000,000USD810,000,000USD2,456,000,000USD1,994,000,000USD
Short Long Term Debt1,249,000,000USD2,014,000,000USD1,874,000,000USD1,765,000,000USD1,874,000,000USD700,000,000USD2,298,000,000USD1,994,000,000USD
Short Long Term Debt Total33,235,000,000USD32,701,000,000USD26,654,000,000USD25,797,000,000USD24,892,000,000USD21,839,000,000USD21,207,000,000USD19,211,000,000USD
Long Term Debt30,797,000,000USD29,218,000,000USD23,246,000,000USD22,349,000,000USD21,157,000,000USD19,335,000,000USD17,787,000,000USD17,217,000,000USD
Long Term Investments27,745,000,000USD27,428,000,000USD30,719,000,000USD27,657,000,000USD28,780,000,000USD4,847,000,000USD4,733,000,000USD4,213,000,000USD
Short Term Investments25,884,000,000USD25,201,000,000USD29,614,000,000USD25,952,000,000USD26,267,000,000USD23,433,000,000USD19,676,000,000USD16,713,000,000USD
Net Receivables15,235,000,000USD13,055,000,000USD12,460,000,000USD11,746,000,000USD9,691,000,000USD8,128,000,000USD7,584,000,000USD6,743,000,000USD
Accounts Payable17,084,000,000USD15,746,000,000USD16,111,000,000USD15,596,000,000USD13,518,000,000USD11,359,000,000USD8,842,000,000USD7,454,000,000USD
Property Plant Equipment Net5,131,000,000USD5,219,000,000USD4,943,000,000USD4,920,000,000USD4,547,000,000USD4,129,000,000USD3,708,000,000USD2,735,000,000USD
Accumulated Other Comprehensive Income-451,000,000USD-1,147,000,000USD-1,313,000,000USD-2,490,000,000USD-178,000,000USD150,000,000USD-296,000,000USD-986,000,000USD
Common Stock Shares Outstanding221,800,000shares232,900,000shares237,400,000shares242,800,000shares246,800,000shares254,300,000shares260,300,000shares254,300,000shares
Non Current Assets Total96,768,000,000USD95,546,000,000USD89,942,000,000USD83,622,000,000USD82,889,000,000USD74,407,000,000USD65,733,000,000USD61,793,000,000USD
Non Current Liabilities Total57,511,000,000USD56,042,000,000USD49,972,000,000USD47,771,000,000USD45,807,000,000USD42,908,000,000USD35,228,000,000USD34,481,000,000USD
Non Currrent Assets Other13,211,000,000USD12,573,000,000USD12,355,000,000USD10,525,000,000USD9,391,000,000USD7,682,000,000USD6,589,000,000USD6,196,000,000USD
Unclassified Current Assets-25,884,000,000USD-25,201,000,000USD-29,614,000,000USD-25,952,000,000USD-26,267,000,000USD-23,433,000,000USD-19,676,000,000USD-16,713,000,000USD
Unclassified Non Current Assets-110,357,000,000USD-106,934,000,000USD-102,593,000,000USD-96,933,000,000USD-92,132,000,000USD-59,962,000,000USD-55,924,000,000USD-52,433,000,000USD
Unclassified Current Liabilities-23,951,000,000USD-2,014,000,000USD-1,874,000,000USD-1,765,000,000USD-3,027,000,000USD-1,959,000,000USD-3,315,000,000USD-2,896,000,000USD
Unclassified Non Current Liabilities26,714,000,000USD26,824,000,000USD26,726,000,000USD17,507,000,000USD14,223,000,000USD14,317,000,000USD9,281,000,000USD9,568,000,000USD
Unclassified Equity8,936,000,000USD8,909,000,000USD8,866,000,000USD9,082,000,000USD9,146,000,000USD9,241,000,000USD9,445,000,000USD9,533,000,000USD
Inventory——-46,332,000,000USD-11,381,000,000USD-38,483,000,000USD-34,331,000,000USD-29,051,000,000USD-25,551,000,000USD
Deferred Long Term Liab———2,034,000,000USD2,805,000,000USD2,019,000,000USD2,227,000,000USD1,960,000,000USD
Other Liab———3,582,000,000USD5,137,000,000USD4,628,000,000USD3,839,000,000USD3,848,000,000USD
Non Current Liabilities Other———2,299,000,000USD2,485,000,000USD2,609,000,000USD2,094,000,000USD1,888,000,000USD
Net Tangible Assets———1,609,000,000USD1,217,000,000USD2,103,000,000USD2,554,000,000USD-970,000,000USD
Property Plant Equipment Gross—————3,483,000,000USD3,133,000,000USD2,735,000,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Net Income3,214,000,000USD
Depreciation720,000,000USD
Stock Based Compensation130,000,000USD
Deferred Income Tax-123,000,000USD
Other Non Cash Items-399,000,000USD
Change To Account Receivables-1,831,000,000USD
Change To Liabilities5,487,000,000USD
Change In Working Capital2,703,000,000USD
Operating Cash Flow6,245,000,000USD
Capital Expenditures-522,000,000USD
Net Investments-813,000,000USD
Other Investing Activities-528,000,000USD
Unclassified Investing Cash Flow-142,000,000USD
Investing Cash Flow-1,483,000,000USD
Net Debt Issuance-900,000,000USD
Common Stock Issuance63,000,000USD
Net Common Stock Issuance-1,330,000,000USD
Common Dividends Paid-749,000,000USD
Unclassified Financing Cash Flow-1,030,000,000USD
Financing Cash Flow-4,009,000,000USD
Effect Of Forex Changes On Cash-12,000,000USD
Change In Cash741,000,000USD
End Cash Flow10,232,000,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income1,760,000,000USD546,000,000USD1,187,000,000USD1,744,000,000USD2,184,000,000USD413,000,000USD1,008,000,000USD2,301,000,000USD
Depreciation354,000,000USD406,000,000USD387,000,000USD380,000,000USD373,000,000USD398,000,000USD329,000,000USD335,000,000USD
Stock Based Compensation55,000,000USD30,000,000USD84,000,000USD81,000,000USD81,000,000USD-29,000,000USD66,000,000USD92,000,000USD
Other Non Cash Items1,381,000,000USD-52,000,000USD-42,000,000USD119,000,000USD338,000,000USD58,000,000USD256,000,000USD-156,000,000USD
Change To Account Receivables-1,174,000,000USD756,000,000USD815,000,000USD-923,000,000USD-3,174,000,000USD-193,000,000USD851,000,000USD-1,059,000,000USD
Change In Working Capital1,056,000,000USD-524,000,000USD-750,000,000USD-218,000,000USD-1,785,000,000USD-18,000,000USD1,242,000,000USD-1,955,000,000USD
Total Cash From Operating Activities4,332,000,000USD84,000,000USD1,135,000,000USD2,054,000,000USD1,017,000,000USD706,000,000USD2,677,000,000USD447,000,000USD
Capital Expenditures-235,000,000USD-293,000,000USD-360,000,000USD-267,000,000USD-196,000,000USD-322,000,000USD-332,000,000USD-323,000,000USD
Free Cash Flow4,097,000,000USD-209,000,000USD775,000,000USD1,787,000,000USD821,000,000USD384,000,000USD2,345,000,000USD124,000,000USD
Investments-1,089,000,000USD481,000,000USD-1,224,000,000USD-687,000,000USD103,000,000USD-1,638,000,000USD-401,000,000USD-818,000,000USD
Total Cashflows From Investing Activities-1,642,000,000USD464,000,000USD-1,224,000,000USD-687,000,000USD103,000,000USD-1,638,000,000USD-401,000,000USD-818,000,000USD
Net Borrowings-1,328,000,000USD1,591,000,000USD1,360,000,000USD195,000,000USD-819,000,000USD3,819,000,000USD-358,000,000USD—
Total Cash From Financing Activities-2,515,000,000USD236,000,000USD243,000,000USD-308,000,000USD-1,909,000,000USD1,408,000,000USD-915,000,000USD668,000,000USD
Dividends Paid-376,000,000USD-377,000,000USD-381,000,000USD-385,000,000USD-386,000,000USD-373,000,000USD-378,000,000USD-378,000,000USD
Sale Purchase Of Stock-1,124,000,000USD-471,000,000USD-876,000,000USD-378,000,000USD-880,000,000USD-1,811,000,000USD-60,000,000USD-463,000,000USD
Change In Cash166,000,000USD778,000,000USD153,000,000USD1,060,000,000USD-788,000,000USD422,000,000USD1,369,000,000USD271,000,000USD
Begin Period Cash Flow9,491,000,000USD8,713,000,000USD8,560,000,000USD7,500,000,000USD8,288,000,000USD7,866,000,000USD6,497,000,000USD6,226,000,000USD
End Period Cash Flow9,657,000,000USD9,491,000,000USD8,713,000,000USD8,560,000,000USD7,500,000,000USD8,288,000,000USD7,866,000,000USD6,497,000,000USD
Other Cashflows From Investing Activities-323,000,000USD243,000,000USD-123,000,000USD-189,000,000USD-315,000,000USD205,000,000USD130,000,000USD-145,000,000USD
Other Cashflows From Financing Activities-291,000,000USD-565,000,000USD140,000,000USD262,000,000USD176,000,000USD-227,000,000USD-119,000,000USD112,000,000USD
Unclassified Operating Cash Flow-274,000,000USD-322,000,000USD269,000,000USD-52,000,000USD-174,000,000USD-116,000,000USD-224,000,000USD-170,000,000USD
Unclassified Financing Cash Flow604,000,000USD58,000,000USD—————1,397,000,000USD
Unclassified Investing Cash Flow—33,000,000USD483,000,000USD456,000,000USD511,000,000USD117,000,000USD202,000,000USD468,000,000USD
Change To Inventory——————-282,000,000USD—
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USDFY 20172017-12-31 · USD
Net Income5,661,000,000USD5,971,000,000USD5,987,000,000USD6,095,000,000USD4,572,000,000USD4,807,000,000USD3,750,000,000USD3,842,800,000USD
Depreciation1,546,000,000USD1,393,000,000USD1,745,000,000USD1,302,000,000USD1,154,000,000USD1,133,000,000USD1,127,000,000USD890,400,000USD
Stock Based Compensation276,000,000USD191,000,000USD289,000,000USD255,000,000USD283,000,000USD294,000,000USD226,000,000USD169,600,000USD
Other Non Cash Items363,000,000USD346,000,000USD1,177,000,000USD-245,000,000USD16,000,000USD-62,000,000USD235,000,000USD186,200,000USD
Change To Account Receivables-2,526,000,000USD-683,000,000USD-1,762,000,000USD-2,138,000,000USD-256,000USD-1,053,000,000USD-707,000,000USD-22,200,000USD
Change In Working Capital-3,277,000,000USD-1,719,000,000USD-535,000,000USD784,000,000USD5,203,000,000USD-192,000,000USD-1,602,000,000USD367,900,000USD
Total Cash From Operating Activities4,290,000,000USD5,808,000,000USD8,061,000,000USD8,364,000,000USD10,688,000,000USD6,061,000,000USD3,827,000,000USD4,184,800,000USD
Capital Expenditures-1,116,000,000USD-1,256,000,000USD-1,296,000,000USD-1,087,000,000USD-1,021,000,000USD-1,077,000,000USD-1,208,000,000USD-790,200,000USD
Free Cash Flow3,174,000,000USD4,552,000,000USD6,765,000,000USD7,277,000,000USD9,667,000,000USD4,984,000,000USD2,619,000,000USD3,394,600,000USD
Investments69,000,000USD-5,167,000,000USD-4,254,000,000USD-4,056,000,000USD-14,751,000,000USD-2,458,000,000USD16,000,000USD-2,849,000,000USD
Total Cashflows From Investing Activities-1,344,000,000USD-5,167,000,000USD-5,572,000,000USD-9,638,000,000USD-7,324,000,000USD-2,792,000,000USD-1,259,000,000USD-5,082,400,000USD
Net Borrowings2,327,000,000USD5,562,000,000USD739,000,000USD3,675,000,000USD-298,000,000USD438,000,000USD-1,295,000,000USD3,724,200,000USD
Total Cash From Financing Activities-1,738,000,000USD1,193,000,000USD-3,349,000,000USD423,000,000USD-2,567,000,000USD-2,266,000,000USD-2,241,000,000USD426,900,000USD
Dividends Paid-1,529,000,000USD-1,508,000,000USD-1,395,000,000USD-1,104,000,000USD-954,000,000USD-818,000,000USD-776,000,000USD-704,900,000USD
Sale Purchase Of Stock-2,605,000,000USD-2,900,000,000USD-2,676,000,000USD-1,900,000,000USD-2,700,000,000USD-1,701,000,000USD-1,685,000,000USD-1,997,700,000USD
Change In Cash1,203,000,000USD1,762,000,000USD-861,000,000USD-861,000,000USD804,000,000USD1,003,000,000USD325,000,000USD-466,400,000USD
Begin Period Cash Flow8,288,000,000USD6,526,000,000USD7,387,000,000USD5,741,000,000USD4,937,000,000USD3,934,000,000USD3,609,000,000USD4,075,300,000USD
End Period Cash Flow9,491,000,000USD8,288,000,000USD6,526,000,000USD4,880,000,000USD5,741,000,000USD4,937,000,000USD3,934,000,000USD3,608,900,000USD
Other Cashflows From Investing Activities-385,000,000USD-51,000,000USD-24,000,000USD-1,019,000,000USD8,448,000,000USD743,000,000USD-220,000,000USD636,400,000USD
Other Cashflows From Financing Activities69,000,000USD39,000,000USD-17,000,000USD-451,000,000USD360,000,000USD-119,000,000USD-181,000,000USD-594,200,000USD
Unclassified Operating Cash Flow-279,000,000USD-374,000,000USD-602,000,000USD173,000,000USD-540,000,000USD81,000,000USD91,000,000USD-1,272,100,000USD
Unclassified Investing Cash Flow88,000,000USD1,307,000,000USD—-3,476,000,000USD——153,000,000USD-2,079,600,000USD
Change To Inventory——1,762,000,000USD2,138,000,000USD256,000,000USD593,000,000USD-1,099,000,000USD-53,100,000USD
Change To Liabilities———606,000,000USD5,780,000,000USD1,171,000,000USD-675,000,000USD1,219,200,000USD
Exchange Rate Changes———-10,000,000USD7,000,000USD—-2,000,000USD4,300,000USD
Cash And Cash Equivalents Changes———-861,000,000USD804,000,000USD1,003,000,000USD325,000,000USD-466,400,000USD
Unclassified Financing Cash Flow———203,000,000USD1,025,000,000USD-66,000,000USD1,696,000,000USD—
Issuance Of Capital Stock————0USD0USD1,250,000,000USD—
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Operating metrics

Benefit Expense Ratio

Period endPeriodValueUnitSource
2026-06-30quarterly89.7percentDisclosure

Benefit Expense Ratio - Year to Date

Period endPeriodValueUnitSource
2026-06-30year_to_date88.3percentDisclosure

BlueCard Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant6,582,000membersDisclosure

Carelon Services Consumers Served

Period endPeriodValueUnitSource
2026-06-30instant92,400,000consumersDisclosure

CarelonRx Quarterly Adjusted Scripts

Period endPeriodValueUnitSource
2026-06-30quarterly80,900,000adjusted scriptsDisclosure

Commercial Fee-Based Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant27,513,000membersDisclosure

Commercial Risk-Based Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant4,734,000membersDisclosure

Current-Year Medical Claims Paid Ratio

Period endPeriodValueUnitSource
2026-06-30year_to_date78.9percentDisclosure

Dental Administration Members

Period endPeriodValueUnitSource
2026-06-30instant1,940,000membersDisclosure

Dental Members

Period endPeriodValueUnitSource
2026-06-30instant7,480,000membersDisclosure

Employer Group Fee-Based Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant20,931,000membersDisclosure

Employer Group Risk-Based Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant3,417,000membersDisclosure

Federal Employee Program Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant1,554,000membersDisclosure

Individual Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant1,317,000membersDisclosure

Medicaid Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant8,358,000membersDisclosure

Medicare Advantage Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant1,897,000membersDisclosure

Medicare Advantage Members in 4-Star or Higher Plans

Period endPeriodValueUnitSource
2026-06-30instant59percentDisclosure

Medicare Part D Standalone Members

Period endPeriodValueUnitSource
2026-06-30instant78,000membersDisclosure

Medicare Supplement Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant893,000membersDisclosure

Operating Expense Ratio

Period endPeriodValueUnitSource
2026-06-30quarterly11.1percentDisclosure

Operating Expense Ratio - Year to Date

Period endPeriodValueUnitSource
2026-06-30year_to_date12percentDisclosure

Prior-Year Redundancy to Adjusted Payable Ratio

Period endPeriodValueUnitSource
2026-06-30year_to_date7.7percentDisclosure

Prior-Year Redundancy to Prior-Year Incurred Claims Ratio

Period endPeriodValueUnitSource
2026-06-30year_to_date0.8percentDisclosure

Total Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant44,949,000membersDisclosure

Total Medicare Medical Membership

Period endPeriodValueUnitSource
2026-06-30instant2,790,000membersDisclosure

Vision Members

Period endPeriodValueUnitSource
2026-06-30instant11,912,000membersDisclosure

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.