Elevance Health Inc (ELV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 7,904,000 | 8,745,000 | 8,451,000 | 8,946,000 | 7,711,000 |
| Revenue | US$ in thousands | 176,810,000 | 171,340,000 | 156,595,000 | 138,639,000 | 121,867,000 |
| Operating profit margin | 4.47% | 5.10% | 5.40% | 6.45% | 6.33% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $7,904,000K ÷ $176,810,000K
= 4.47%
The operating profit margin of Elevance Health Inc has shown a gradual decline over the past five years, from 6.33% as of December 31, 2020, to 4.47% as of December 31, 2024. This trend indicates that the company's ability to generate profits from its core operations has gradually decreased. The decreasing operating profit margin may be attributed to various factors such as increasing costs, pricing pressures, or inefficiencies in operations. It is crucial for Elevance Health Inc to closely monitor and address the factors affecting its operating profit margin to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024