ELV Q3 2023 Earnings — Elevance Health Inc. Revenue & Financial Results | Market Cap Arena

ELVElevance Health Inc.

$64B

Q3 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$42.8B+7.3% YoY

Gross Profit

$12.2B28.6% margin

Operating Income

$1.9B4.5% margin

Net Income

$1.3B3.0% margin

EPS (Diluted)

$5.45

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$2.6B

Free Cash Flow

$2.3B

Stock-Based Comp.

$78M

Balance Sheet

Total Assets

$110.5B

Total Liabilities

$71.9B

Stockholders' Equity

$38.4B

Cash & Equivalents

$10.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42.8B	$39.9B	+7.3%
Gross Profit	$12.2B	$10.5B	+16.4%
Operating Income	$1.9B	$2.3B	-18.2%
Net Income	$1.3B	$1.6B	-19.6%

Revenue Segments

Health Benefits Segment

$36.7B60%

Carelon Services Segment

$23.8B39%

Other Segment

$242M0%