Elevance Health Inc (ELV)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 6,710,000 7,904,000 7,715,000 7,600,000 7,995,000
Revenue US$ in thousands 198,689,000 176,810,000 171,340,000 156,595,000 138,639,000
Pretax margin 3.38% 4.47% 4.50% 4.85% 5.77%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $6,710,000K ÷ $198,689,000K
= 3.38%


Peer comparison

Dec 31, 2025

Company name
Symbol
Pretax margin
Elevance Health Inc
ELV
3.38%
UnitedHealth Group Incorporated
UNH
3.28%