Elevance Health Inc (ELV)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 8,463,000 | 8,828,000 | 8,393,000 | 9,026,000 | 9,089,000 | 9,403,000 | 9,643,000 | 9,079,000 | 8,494,000 | 8,604,000 | 9,050,000 | 8,702,000 | 8,620,000 | 8,862,000 | 8,707,000 | 8,903,000 | 8,732,000 | 7,922,000 | 6,305,000 | 7,105,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 43,882,000 | 43,953,000 | 43,722,000 | 42,503,000 | 41,315,000 | 43,775,000 | 42,191,000 | 40,608,000 | 39,306,000 | 38,423,000 | 38,205,000 | 37,356,000 | 36,243,000 | 35,991,000 | 35,812,000 | 35,975,000 | 36,060,000 | 35,737,000 | 34,968,000 | 33,853,000 |
| Return on total capital | 19.29% | 20.09% | 19.20% | 21.24% | 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% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $8,463,000K ÷ ($—K + $43,882,000K)
= 19.29%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Elevance Health Inc
ELV
19.29%
UnitedHealth Group Incorporated
UNH
18.68%