Elevance Health Inc (ELV)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 46.80% | 27.94% | 28.34% | 27.75% | 43.37% | 58.65% | 74.41% | 91.47% | 91.63% | 91.78% | 91.92% | 91.96% | 92.04% | 76.16% | 59.81% | 44.74% | 27.75% | 27.34% | 26.37% | 23.06% |
| 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% |
| 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% |
| Net profit margin | 3.38% | 3.69% | 3.90% | 3.64% | 3.50% | 3.65% | 3.91% | 3.91% | 3.87% | 4.07% | 4.11% | 4.35% | 4.45% | 4.12% | 3.28% | 3.78% | 3.75% | 4.22% | 5.24% | 4.38% |
Elevance Health Inc's profitability ratios have shown both fluctuations and trends over the period provided.
1. Gross Profit Margin: The gross profit margin demonstrates the company's ability to generate revenue after accounting for the cost of goods sold. Elevance Health Inc's gross profit margin has shown a consistent increase from 23.06% in March 2020 to a peak of 91.96% in March 2022, before experiencing a decline to 43.37% by December 2023 and then a slight recovery to 46.80% by December 2024.
2. Operating Profit Margin: The operating profit margin reflects the company's ability to control operating expenses while generating revenue. Elevance Health Inc's operating profit margin started at 6.31% in March 2020, reaching a low of 4.37% in June 2022, and then recovering to a high of 24.08% by December 2024.
3. Pretax Margin: The pretax margin indicates the company's profitability before accounting for taxes. Elevance Health Inc's pretax margin fluctuated within a relatively narrow range, with values ranging from 4.28% in June 2021 to 6.93% in June 2020. The margin remained stable overall, with a slight decrease towards the end of the period.
4. Net Profit Margin: The net profit margin represents the company's net profit after all expenses have been deducted. Elevance Health Inc's net profit margin followed a similar trend to the pretax margin, showing stability over the period, with values between 3.28% and 5.24%. The net profit margin ended the period slightly lower at 3.38% in December 2024.
Overall, Elevance Health Inc has demonstrated varying levels of profitability over the period, with the gross profit margin showing significant fluctuations, while the operating, pretax, and net profit margins remained relatively stable, albeit with some minor fluctuations.
Return on investment
| 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 return on assets (Operating ROA) | 36.42% | 7.90% | 8.32% | 8.11% | 7.80% | 6.75% | 7.04% | 6.54% | 6.86% | 6.34% | 6.39% | 6.62% | 6.46% | 7.54% | 6.19% | 7.26% | 8.15% | 8.72% | 9.78% | 8.36% |
| Return on assets (ROA) | 5.12% | 5.51% | 5.92% | 5.58% | 5.51% | 5.54% | 5.91% | 5.73% | 5.86% | 5.99% | 6.00% | 6.18% | 6.25% | 5.63% | 4.41% | 4.93% | 5.28% | 5.72% | 6.72% | 5.80% |
| Return on total capital | 22.00% | 21.48% | 22.86% | 22.36% | 21.61% | 22.39% | 23.69% | 23.29% | 23.78% | 24.62% | 24.31% | 24.75% | 24.22% | 22.17% | 18.03% | 20.99% | 21.15% | 22.13% | 24.95% | 21.71% |
| Return on equity (ROE) | 14.47% | 14.66% | 15.86% | 15.38% | 15.27% | 15.94% | 16.87% | 16.71% | 16.61% | 17.13% | 16.91% | 17.25% | 16.90% | 15.45% | 12.13% | 13.93% | 13.77% | 14.61% | 17.17% | 15.08% |
Elevance Health Inc's profitability ratios show a fluctuating trend over the past few years.
- Operating return on assets (Operating ROA) has been relatively steady around 6% to 9% range from 2020 to 2024, indicating the company's ability to generate profits from its assets used in operations.
- Return on assets (ROA), on the other hand, has been slightly lower than Operating ROA, ranging from 4% to 6%, reflecting the company's overall profitability relative to its total assets.
- Return on total capital has shown a similar trend to Operating ROA, with figures ranging from 21% to 25% during the same period, showing how efficiently the company is utilizing its total capital to generate profits.
- Return on equity (ROE), which signifies the return generated for the shareholders, has been around 12% to 17% during the same timeframe, displaying the company's ability to generate profits from the shareholders' equity investment.
Overall, Elevance Health Inc's profitability ratios indicate a stable performance in terms of generating returns from assets, capital, and equity over the past few years, but there might be room for improvement to enhance overall profitability and efficiency.