ELVElevance Health Inc.

$64B

Q4 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$42.6B+6.8% YoY

Gross Profit

$11.3B26.5% margin

Operating Income

$1.3B3.0% margin

Net Income

$856M2.0% margin

EPS (Diluted)

$3.63

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

-$3.0B

Free Cash Flow

-$3.3B

Stock-Based Comp.

$72M

Balance Sheet

Total Assets

$108.9B

Total Liabilities

$69.5B

Stockholders' Equity

$39.3B

Cash & Equivalents

$6.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42.6B	$39.9B	+6.8%
Gross Profit	$11.3B	$9.7B	+16.2%
Operating Income	$1.3B	$1.3B	-1.1%
Net Income	$856M	$865M	-1.0%

Revenue Segments

Health Benefits Segment

$36.5B59%

Carelon Services Segment

$25.7B41%

ELV Q4 2023 Earnings — Elevance Health Inc. Revenue & Financial Results | Market Cap Arena