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Elevance Health Inc. (ELV)
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Elevance Health Inc. (ELV) EV/EBITDA Ratio: 12.16x

popular:market cap|pe ratio|revenue|price history|total return

Is Elevance Health Inc.’s EV/EBITDA ratio high or low?

Elevance Health Inc.'s EV/EBITDA ratio of 12.16x is in line with its 5-year average of 12.22x, around the middle of its 5-year range (8.47x–15.68x).

As of Thursday, June 18, 2026. 23.77% above its 12-month average of 9.82x.

EV/Sales|P/E Ratio|EBITDA|All Metrics

ELV EV/EBITDA Ratio Chart

ELV EV/EBITDA Ratio
12.16x+18.06% 1Y
Zoom

ELV Average EV/EBITDA Ratio Chart

ELV Current vs Average EV/EBITDA Ratio Chart

ELV EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

12.16x

EV/EBITDA RATIO AVG TTM

9.82x

EV/EBITDA RATIO AVG 3Y

11.31x

EV/EBITDA RATIO AVG 5Y

12.22x

EV/EBITDA RATIO AVG 10Y

12.05x

EV/EBITDA RATIO AVG 15Y

10.49x

EV/EBITDA RATIO AVG 20Y

9.66x

CURRENT VS TTM AVG

+23.77%

CURRENT VS 3Y AVG

+7.50%

CURRENT VS 5Y AVG

-0.50%

CURRENT VS 10Y AVG

+0.87%

CURRENT VS 15Y AVG

+15.93%

CURRENT VS 20Y AVG

+25.91%

ELV Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Elevance Health Inc. (ELV)$84.97B12.16x9.82x11.31x12.22x
HCA Healthcare, Inc. (HCA)vs ›$86.23B8.86x10.20x9.59x9.11x
Cigna Corporation (CI)vs ›$76.25B8.28x8.34x9.18x9.49x
Boston Scientific Corporation (BSX)vs ›$66.81B13.55x28.58x32.14x30.99x
Medtronic plc (MDT)vs ›$103.29B13.03x15.68x15.65x17.02x
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.63B11.35x12.75x17.16x14.74x
Bristol-Myers Squibb Company (BMY)vs ›$112.89B10.76x9.68x16.62x15.43x
Stryker Corporation (SYK)vs ›$115.45B20.89x30.76x30.61x30.60x
Cencora, Inc. (COR)vs ›$53.91B12.87x17.40x15.28x13.89x
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$116.49B21.17x22.81x82.28x54.95x

EV/EBITDA vs. its own history

At 12.2, EV/EBITDA is richer than usual, sitting higher than 75% of its 20-year history.

20-year low

3.1

median

9.4

20-year high

16.8

cheaperricher

Elevance Health Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Elevance Health Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The EV/EBITDA ratio for ELV stock is 12.16x.
Is Elevance Health Inc.'s EV/EBITDA ratio high or low?
Elevance Health Inc.'s EV/EBITDA ratio of 12.16x is in line with its 5-year average of 12.22x, around the middle of its 5-year range (8.47x–15.68x).
What is the TTM average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The TTM average EV/EBITDA ratio for ELV stock is 9.82x.
What is the 3Y average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The 3Y average EV/EBITDA ratio for ELV stock is 11.31x.
What is the 5Y average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The 5Y average EV/EBITDA ratio for ELV stock is 12.22x.
What is the 10Y average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The 10Y average EV/EBITDA ratio for ELV stock is 12.05x.
What is the 15Y average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The 15Y average EV/EBITDA ratio for ELV stock is 10.49x.
What is the 20Y average EV/EBITDA ratio for Elevance Health Inc. (ELV)?
The 20Y average EV/EBITDA ratio for ELV stock is 9.66x.

Elevance Health Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1712.16x
2026-06-1612.32x
2026-06-1512.42x
2026-06-1212.48x
2026-06-1112.35x
2026-06-1012.49x
2026-06-0912.98x
2026-06-0812.82x
2026-06-0512.76x
2026-06-0412.61x
2026-06-0312.16x
2026-06-0212.10x
2026-06-0112.44x
2026-05-2912.21x
2026-05-2812.20x
2026-05-2712.16x
2026-05-2612.07x
2026-05-2212.24x
2026-05-2112.12x
2026-05-2012.28x
2026-05-1912.43x
2026-05-1812.23x
2026-05-1512.19x
2026-05-1412.29x
2026-05-1312.37x
2026-05-1212.21x
2026-05-1111.92x
2026-05-0811.83x
2026-05-0711.71x
2026-05-0611.75x
2026-05-0511.61x
2026-05-0411.68x
2026-05-0111.70x
2026-04-3011.79x
2026-04-2911.80x
2026-04-2811.45x
2026-04-2711.30x
2026-04-2411.01x
2026-04-2311.05x
2026-04-2210.60x
2026-04-219.99x
2026-04-209.79x
2026-04-179.88x
2026-04-169.71x
2026-04-159.60x
2026-04-149.65x
2026-04-139.72x
2026-04-109.61x
2026-04-099.74x
2026-04-089.77x
2026-04-079.62x
2026-04-069.41x
2026-04-029.37x
2026-04-019.31x
2026-03-319.18x
2026-03-309.00x
2026-03-279.04x
2026-03-269.22x
2026-03-259.26x
2026-03-249.13x
2026-03-239.10x
2026-03-209.15x
2026-03-199.14x
2026-03-189.23x
2026-03-179.25x
2026-03-169.17x
2026-03-139.16x
2026-03-129.07x
2026-03-119.11x
2026-03-108.95x
2026-03-098.91x
2026-03-069.11x
2026-03-059.04x
2026-03-049.15x
2026-03-038.98x
2026-03-029.21x
2026-02-279.81x
2026-02-269.88x
2026-02-2510.05x
2026-02-249.97x
2026-02-2310.17x
2026-02-2010.33x
2026-02-1910.45x
2026-02-1810.41x
2026-02-1710.38x
2026-02-1310.42x
2026-02-1210.18x
2026-02-1110.04x
2026-02-109.94x
2026-02-099.98x
2026-02-0610.24x
2026-02-059.83x
2026-02-0410.01x
2026-02-039.97x
2026-02-0210.04x
2026-01-3010.13x
2026-01-2910.16x
2026-01-2810.04x
2026-01-279.62x
2026-01-2610.83x
2026-01-2310.70x
2026-01-2210.73x
2026-01-2110.67x
2026-01-2010.61x
2026-01-1610.79x
2026-01-1510.95x
2026-01-1410.74x
2026-01-1310.69x
2026-01-1210.79x
2026-01-0910.74x
2026-01-0810.79x
2026-01-0710.60x
2026-01-0610.71x
2026-01-0510.53x
2026-01-0210.32x
2025-12-3110.24x
2025-12-3010.20x
2025-12-2910.19x
2025-12-2610.22x
2025-12-2410.08x
2025-12-2310.07x
2025-12-2210.10x
2025-12-1910.02x
2025-12-1810.10x
2025-12-1710.14x
2025-12-1610.27x
2025-12-1510.47x
2025-12-1210.43x
2025-12-1110.46x
2025-12-1010.02x
2025-12-099.77x
2025-12-089.79x
2025-12-059.79x
2025-12-049.85x
2025-12-039.79x
2025-12-029.80x
2025-12-019.77x
2025-11-289.96x
2025-11-269.97x
2025-11-259.92x
2025-11-249.77x
2025-11-219.59x
2025-11-209.41x
2025-11-199.47x
2025-11-189.65x
2025-11-179.80x
2025-11-149.68x
2025-11-139.74x
2025-11-129.72x
2025-11-119.44x
2025-11-109.18x
2025-11-079.50x
2025-11-069.42x
2025-11-059.51x
2025-11-049.47x
2025-11-039.40x
2025-10-319.49x
2025-10-309.59x
2025-10-299.92x
2025-10-289.99x
2025-10-2710.06x
2025-10-2410.05x
2025-10-2310.14x
2025-10-2210.12x
2025-10-2110.22x
2025-10-2010.29x
2025-10-1710.17x
2025-10-1610.15x
2025-10-1510.18x
2025-10-1410.21x
2025-10-1310.23x
2025-10-1010.27x
2025-10-0910.38x
2025-10-0810.48x
2025-10-0710.37x
2025-10-0610.19x
2025-10-0310.21x
2025-10-029.97x
2025-10-019.80x
2025-09-309.58x
2025-09-299.50x
2025-09-269.48x
2025-09-259.43x
2025-09-249.65x
2025-09-239.59x
2025-09-229.46x
2025-09-199.37x
2025-09-189.41x
2025-09-179.25x
2025-09-169.28x
2025-09-159.21x
2025-09-129.32x
2025-09-119.39x
2025-09-109.21x
2025-09-099.40x
2025-09-089.24x
2025-09-059.36x
2025-09-049.24x
2025-09-039.55x
2025-09-029.56x
2025-08-299.48x
2025-08-289.29x
2025-08-279.28x
2025-08-269.28x
2025-08-259.37x
2025-08-229.43x
2025-08-219.27x
2025-08-209.28x
2025-08-199.33x
2025-08-189.26x
2025-08-159.27x
2025-08-148.95x
2025-08-138.92x
2025-08-128.88x
2025-08-118.84x
2025-08-088.91x
2025-08-078.67x
2025-08-068.51x
2025-08-058.51x
2025-08-048.48x
2025-08-018.47x
2025-07-318.66x
2025-07-308.90x
2025-07-298.79x
2025-07-288.73x
2025-07-258.80x
2025-07-248.60x
2025-07-238.97x
2025-07-228.63x
2025-07-218.51x
2025-07-188.53x
2025-07-179.11x
2025-07-169.63x
2025-07-159.45x
2025-07-149.54x
2025-07-119.55x
2025-07-109.66x
2025-07-099.67x
2025-07-089.74x
2025-07-079.68x
2025-07-039.71x
2025-07-029.76x
2025-07-0110.75x
2025-06-3010.60x
2025-06-2710.44x
2025-06-2610.26x
2025-06-2510.27x
2025-06-2410.33x
2025-06-2310.24x
2025-06-2010.29x
2025-06-1810.32x
2025-06-1710.30x
2025-06-1610.33x
2025-06-1310.50x
2025-06-1210.54x
2025-06-1110.42x
2025-06-1010.49x
2025-06-0910.61x
2025-06-0610.69x
2025-06-0510.51x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

Related Metrics

EV/SalesP/E RatioEBITDAAll Metrics

About Elevance Health Inc.

Operating as a major health benefits organization, Elevance Health Inc. commits to guiding consumers, families, and communities across their entire health and wellness path. It facilitates access to vital care, assistance, and tools designed to enable healthier living for approximately 118 million individuals. The company's comprehensive offerings span medical, digital, pharmaceutical, behavioral health, clinical, and other care solutions. Founded in 1944 and based in Indianapolis, Indiana, this entity adopted its current name, Elevance Health Inc., in June 2022, having previously operated as Anthem, Inc.

Indianapolis, IN
104,200 employees
www.elevancehealth.com
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Gail Koziara Boudreaux
View full financials