Elevance Health Inc (ELV)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,904,000 | 8,299,000 | 8,580,000 | 8,035,000 | 7,715,000 | 7,868,000 | 8,360,000 | 8,062,000 | 7,769,000 | 8,015,000 | 7,865,000 | 8,075,000 | 7,925,000 | 7,136,000 | 5,529,000 | 6,325,000 | 6,238,000 | 6,725,000 | 7,825,000 | 6,129,000 |
| 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 |
| Pretax margin | 4.47% | 4.77% | 5.00% | 4.68% | 4.50% | 4.69% | 5.07% | 5.05% | 4.99% | 5.29% | 5.33% | 5.66% | 5.79% | 5.33% | 4.28% | 5.07% | 5.12% | 5.73% | 6.93% | 5.61% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,904,000K ÷ $176,810,000K
= 4.47%
Elevance Health Inc's pretax margin has shown some fluctuation over the period from March 31, 2020, to December 31, 2024. The pretax margin measures the company's profitability before taxes relative to its total revenue, reflecting its ability to control operating costs and generate profits.
The company's pretax margin ranged from a low of 4.28% on June 30, 2021, to a high of 6.93% on June 30, 2020. Although there were fluctuations, the pretax margin generally remained within a relatively narrow range between 4.28% and 6.93%.
It is noteworthy that the pretax margin experienced a decrease towards the end of the period, with a decrease from 5.33% on June 30, 2022, to 4.47% on December 31, 2024. This decrease may indicate challenges in controlling operating expenses or generating higher revenues during this period.
Overall, the trend in Elevance Health Inc's pretax margin suggests that the company has been able to maintain a moderate level of profitability over the years, with periodic fluctuations that may require further analysis to understand the underlying factors affecting the company's financial performance.
Peer comparison
Dec 31, 2024