Elevance Health Inc. (ELV) Tax Rate: 15.63%
Is Elevance Health Inc.’s tax rate high or low?
Elevance Health Inc.'s tax rate of 15.63% is 30% below its 5-year average of 22.46%, near the low end of its 5-year range (15.63%–26.71%).
The tax rate for Elevance Health Inc. (ELV) is 15.63%. It is below its 12-month average by 22.03% (20.05%).
ELV Tax Rate Chart
ELV Average Tax Rate Chart
ELV Current vs Average Tax Rate Chart
ELV Tax Rate Metrics
TAX RATE
15.63%
TAX RATE AVG TTM
20.05%
TAX RATE AVG 3Y
21.24%
TAX RATE AVG 5Y
22.46%
TAX RATE AVG 10Y
24.91%
TAX RATE AVG 15Y
27.81%
TAX RATE AVG 20Y
29.10%
CURRENT VS TTM AVG
-22.03%
CURRENT VS 3Y AVG
-26.42%
CURRENT VS 5Y AVG
-30.41%
CURRENT VS 10Y AVG
-37.25%
CURRENT VS 15Y AVG
-43.79%
CURRENT VS 20Y AVG
-46.29%
Elevance Health Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Elevance Health Inc. Tax Rate FAQ
- What is the tax rate for Elevance Health Inc. (ELV)?
- The tax rate for ELV stock is 15.63%.
- Is Elevance Health Inc.'s tax rate high or low?
- Elevance Health Inc.'s tax rate of 15.63% is 30% below its 5-year average of 22.46%, near the low end of its 5-year range (15.63%–26.71%).
- What is the TTM average tax rate for Elevance Health Inc. (ELV)?
- The TTM average tax rate for ELV stock is 20.05%.
- What is the 3Y average tax rate for Elevance Health Inc. (ELV)?
- The 3Y average tax rate for ELV stock is 21.24%.
- What is the 5Y average tax rate for Elevance Health Inc. (ELV)?
- The 5Y average tax rate for ELV stock is 22.46%.
- What is the 10Y average tax rate for Elevance Health Inc. (ELV)?
- The 10Y average tax rate for ELV stock is 24.91%.
- What is the 15Y average tax rate for Elevance Health Inc. (ELV)?
- The 15Y average tax rate for ELV stock is 27.81%.
- What is the 20Y average tax rate for Elevance Health Inc. (ELV)?
- The 20Y average tax rate for ELV stock is 29.10%.
Elevance Health Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 15.63% |
| 2024-12-31 | 24.46% |
| 2023-12-31 | 22.35% |
| 2022-12-31 | 22.53% |
| 2021-12-31 | 23.09% |
| 2020-12-31 | 26.71% |
| 2019-12-31 | 19.68% |
| 2018-12-31 | 26.01% |
| 2017-12-31 | 3.05% |
| 2016-12-31 | 45.78% |
| 2015-12-31 | 44.72% |
| 2014-12-31 | 41.39% |
| 2013-12-31 | 31.40% |
| 2012-12-31 | 31.29% |
| 2011-12-31 | 33.13% |
| 2010-12-31 | 33.69% |
| 2009-12-31 | 35.89% |
| 2008-12-31 | 20.23% |
| 2007-12-31 | 36.37% |
| 2006-12-31 | 37.02% |
| 2005-12-31 | 36.67% |
| 2004-12-31 | 33.48% |
| 2003-12-31 | 36.10% |
| 2001-12-31 | 34.96% |
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