Elevance Health Inc (ELV)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 7,904,000 | 7,715,000 | 7,600,000 | 7,925,000 | 6,238,000 |
| Revenue | US$ in thousands | 176,810,000 | 171,340,000 | 156,595,000 | 138,639,000 | 121,867,000 |
| Pretax margin | 4.47% | 4.50% | 4.85% | 5.72% | 5.12% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $7,904,000K ÷ $176,810,000K
= 4.47%
Based on the provided data, the pretax margin of Elevance Health Inc has shown a relatively stable trend over the past five years. The pretax margin increased from 5.12% in December 31, 2020, to 5.72% in December 31, 2021, indicating improved profitability. However, the margin then experienced a slight decline to 4.85% in December 31, 2022, followed by a further decrease to 4.50% in December 31, 2023, and a slight decrease again to 4.47% in December 31, 2024.
Overall, the pretax margin of Elevance Health Inc has fluctuated within a narrow range, suggesting that the company may be facing challenges in maintaining consistent profitability levels in recent years. Further analysis of the company's cost structure and revenue-generating activities may be needed to understand the factors contributing to these fluctuations in pretax margin.
Peer comparison
Dec 31, 2024