Elevance Health Inc. (ELV) Gross Margin: 23.16%
Is Elevance Health Inc.’s gross margin high or low?
Elevance Health Inc.'s gross margin of 23.16% is 13% below its 5-year average of 26.68%, near the low end of its 5-year range (25.51%–27.85%).
The gross margin for Elevance Health Inc. (ELV) is 23.16% as of Wednesday, June 10, 2026. It is below its 12-month average by 13.27% (26.70%).
ELV Gross Margin Chart
ELV Average Gross Margin Chart
ELV Current vs Average Gross Margin Chart
ELV Gross Margin Metrics
GROSS MARGIN
23.16%
GROSS MARGIN AVG TTM
26.70%
GROSS MARGIN AVG 3Y
26.59%
GROSS MARGIN AVG 5Y
26.68%
GROSS MARGIN AVG 10Y
24.32%
GROSS MARGIN AVG 15Y
23.66%
GROSS MARGIN AVG 20Y
22.61%
CURRENT VS TTM AVG
-13.27%
CURRENT VS 3Y AVG
-12.90%
CURRENT VS 5Y AVG
-13.19%
CURRENT VS 10Y AVG
-4.77%
CURRENT VS 15Y AVG
-2.09%
CURRENT VS 20Y AVG
+2.43%
ELV Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | — | 23.16% | 26.70% | 26.59% | 26.68% |
| Cigna Corporation (CI) | $78.25B | 9.30% | 9.98% | 11.47% | 12.36% |
| Medtronic plc (MDT) | $103.04B | 65.02% | 65.17% | 65.34% | 65.75% |
| Vertex Pharmaceuticals Incorporated (VRTX) | $110.77B | 86.28% | 85.57% | 86.56% | 87.08% |
| Regeneron Pharmaceuticals, Inc. (REGN) | $62.59B | 84.55% | 85.74% | 85.09% | 84.57% |
| Bristol-Myers Squibb Company (BMY) | $114.14B | 68.75% | 62.23% | 59.55% | 57.82% |
| CVS Health Corporation (CVS) | $125.16B | 13.87% | 13.78% | 14.92% | 15.96% |
| Danaher Corporation (DHR) | $130.25B | 60.68% | 60.22% | 59.98% | 59.48% |
| IDEXX Laboratories, Inc. (IDXX) | $44.47B | 62.05% | 61.42% | 60.55% | 59.83% |
| Humana Inc. (HUM) | $43.78B | 14.01% | 14.54% | 16.14% | 17.03% |
Gross Margin Analysis
Gross Margin
23.2%
(Revenue - COGS) / Revenue
Elevance Health Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Elevance Health Inc. Gross Margin FAQ
- What is the gross margin for Elevance Health Inc. (ELV)?
- The gross margin for ELV stock is 23.16%.
- Is Elevance Health Inc.'s gross margin high or low?
- Elevance Health Inc.'s gross margin of 23.16% is 13% below its 5-year average of 26.68%, near the low end of its 5-year range (25.51%–27.85%).
- What is the TTM average gross margin for Elevance Health Inc. (ELV)?
- The TTM average gross margin for ELV stock is 26.70%.
- What is the 3Y average gross margin for Elevance Health Inc. (ELV)?
- The 3Y average gross margin for ELV stock is 26.59%.
- What is the 5Y average gross margin for Elevance Health Inc. (ELV)?
- The 5Y average gross margin for ELV stock is 26.68%.
- What is the 10Y average gross margin for Elevance Health Inc. (ELV)?
- The 10Y average gross margin for ELV stock is 24.32%.
- What is the 15Y average gross margin for Elevance Health Inc. (ELV)?
- The 15Y average gross margin for ELV stock is 23.66%.
- What is the 20Y average gross margin for Elevance Health Inc. (ELV)?
- The 20Y average gross margin for ELV stock is 22.61%.
Elevance Health Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 25.56% |
| 2024-12-31 | 27.85% |
| 2023-12-31 | 27.44% |
| 2022-12-31 | 25.51% |
| 2021-12-31 | 25.96% |
| 2020-12-31 | 27.75% |
| 2019-12-31 | 21.52% |
| 2018-12-31 | 21.94% |
| 2017-12-31 | 19.77% |
| 2016-12-31 | 21.35% |
| 2015-12-31 | 22.87% |
| 2014-12-31 | 23.09% |
| 2013-12-31 | 20.93% |
| 2012-12-31 | 21.65% |
| 2011-12-31 | 21.64% |
| 2010-12-31 | 23.65% |
| 2009-12-31 | 23.77% |
| 2008-12-31 | 22.81% |
| 2007-12-31 | 24.36% |
| 2006-12-31 | 25.42% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2001-12-31 | 100.00% |
| 2000-12-31 | 100.00% |
| 1999-12-31 | 100.00% |
| 1998-12-31 | 100.00% |
Related 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.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- Gail Koziara Boudreaux