Elevance Health Inc (ELV)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 42,568,000 | 9,202,000 | 9,403,000 | 9,079,000 | 8,494,000 | 7,453,000 | 7,686,000 | 7,127,000 | 7,045,000 | 6,530,000 | 6,443,000 | 6,653,000 | 6,292,000 | 7,392,000 | 5,950,000 | 6,950,000 | 7,058,000 | 7,545,000 | 8,602,000 | 6,886,000 |
| Revenue (ttm) | US$ in thousands | 176,810,000 | 174,015,000 | 171,719,000 | 171,745,000 | 171,340,000 | 167,687,000 | 164,777,000 | 159,737,000 | 155,660,000 | 151,551,000 | 147,434,000 | 142,653,000 | 136,943,000 | 133,882,000 | 129,218,000 | 124,631,000 | 121,867,000 | 117,450,000 | 112,966,000 | 109,168,000 |
| Operating profit margin | 24.08% | 5.29% | 5.48% | 5.29% | 4.96% | 4.44% | 4.66% | 4.46% | 4.53% | 4.31% | 4.37% | 4.66% | 4.59% | 5.52% | 4.60% | 5.58% | 5.79% | 6.42% | 7.61% | 6.31% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $42,568,000K ÷ $176,810,000K
= 24.08%
Elevance Health Inc's operating profit margin has exhibited some fluctuations over the analyzed period. The margin started at 6.31% in March 2020, increased to 7.61% by June 2020, but then declined to 5.79% by December 2020. Throughout 2021 and 2022, the operating profit margin remained relatively stable between 4.59% and 5.52%.
However, there was a notable drop in the operating profit margin to 4.31% by September 2022, which continued to decrease slightly to 4.29% by December 2022. The margin saw a slight improvement to 5.29% by March 2024 and further increased to 5.48% by June 2024.
The most significant change in the operating profit margin occurred in December 2024, soaring to an unusually high 24.08%. This drastic increase could be attributed to non-recurring events or anomalies within the financial data that might require further investigation for a better understanding of the company's financial performance during that period.
In conclusion, Elevance Health Inc's operating profit margin has displayed fluctuations over the assessed timeframe, indicating potential volatility or extraordinary events affecting the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024
See also:
Elevance Health Inc Operating Profit Margin (Quarterly Data)