Elevance Health Inc. (ELV) Current Ratio: 1.24
Is Elevance Health Inc.’s current ratio high or low?
Elevance Health Inc.'s current ratio of 1.24 is 16% above its 5-year average of 1.07, near the high end of its 5-year range (0.94–1.24).
As of Thursday, June 11, 2026. 5.98% above its 12-month average of 1.17.
ELV Current Ratio Chart
ELV Average Current Ratio Chart
ELV Current vs Average Current Ratio Chart
ELV Current Ratio Metrics
CURRENT RATIO
1.24
CURRENT RATIO AVG TTM
1.17
CURRENT RATIO AVG 3Y
1.08
CURRENT RATIO AVG 5Y
1.07
CURRENT RATIO AVG 10Y
1.04
CURRENT RATIO AVG 15Y
0.98
CURRENT RATIO AVG 20Y
1.01
CURRENT VS TTM AVG
+5.98%
CURRENT VS 3Y AVG
+14.29%
CURRENT VS 5Y AVG
+15.89%
CURRENT VS 10Y AVG
+18.71%
CURRENT VS 15Y AVG
+26.29%
CURRENT VS 20Y AVG
+22.43%
ELV Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | $86.47B | 1.24 | 1.17 | 1.08 | 1.07 |
| Cigna Corporation (CI) | $77.92B | 0.85 | 0.84 | 0.80 | 0.80 |
| Medtronic plc (MDT) | $102.72B | 0.00 | 1.94 | 2.03 | 2.16 |
| Vertex Pharmaceuticals Incorporated (VRTX) | $110.59B | 2.90 | 2.79 | 3.60 | 3.87 |
| Regeneron Pharmaceuticals, Inc. (REGN) | $62.25B | 4.13 | 4.43 | 4.90 | 4.47 |
| Bristol-Myers Squibb Company (BMY) | $116.13B | 1.26 | 1.25 | 1.30 | 1.38 |
| Danaher Corporation (DHR) | $126.39B | 1.87 | 1.64 | 1.71 | 1.69 |
| CVS Health Corporation (CVS) | $126.70B | 0.84 | 0.82 | 0.86 | 0.88 |
| Humana Inc. (HUM) | $44.54B | 0.72 | 0.58 | 0.57 | 0.58 |
| IDEXX Laboratories, Inc. (IDXX) | $43.84B | 1.17 | 1.24 | 1.23 | 1.33 |
Liquidity Analysis
Current Ratio
1.24
Quick Ratio
1.24
Elevance Health Inc. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Elevance Health Inc. Current Ratio FAQ
- What is the current ratio for Elevance Health Inc. (ELV)?
- The current ratio for ELV stock is 1.24.
- Is Elevance Health Inc.'s current ratio high or low?
- Elevance Health Inc.'s current ratio of 1.24 is 16% above its 5-year average of 1.07, near the high end of its 5-year range (0.94–1.24).
- What is the TTM average current ratio for Elevance Health Inc. (ELV)?
- The TTM average current ratio for ELV stock is 1.17.
- What is the 3Y average current ratio for Elevance Health Inc. (ELV)?
- The 3Y average current ratio for ELV stock is 1.08.
- What is the 5Y average current ratio for Elevance Health Inc. (ELV)?
- The 5Y average current ratio for ELV stock is 1.07.
- What is the 10Y average current ratio for Elevance Health Inc. (ELV)?
- The 10Y average current ratio for ELV stock is 1.04.
- What is the 15Y average current ratio for Elevance Health Inc. (ELV)?
- The 15Y average current ratio for ELV stock is 0.98.
- What is the 20Y average current ratio for Elevance Health Inc. (ELV)?
- The 20Y average current ratio for ELV stock is 1.01.
Elevance Health Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 1.24 |
| 2024-12-31 | 1.10 |
| 2023-12-31 | 0.97 |
| 2022-12-31 | 1.03 |
| 2021-12-31 | 0.94 |
| 2020-12-31 | 1.14 |
| 2019-12-31 | 1.11 |
| 2018-12-31 | 1.13 |
| 2017-12-31 | 0.93 |
| 2016-12-31 | 1.07 |
| 2015-12-31 | 0.83 |
| 2014-12-31 | 0.88 |
| 2013-12-31 | 0.79 |
| 2012-12-31 | 0.88 |
| 2011-12-31 | 0.82 |
| 2010-12-31 | 0.85 |
| 2009-12-31 | 1.23 |
| 2008-12-31 | 0.63 |
| 2007-12-31 | 0.81 |
| 2006-12-31 | 0.75 |
| 2005-12-31 | 2.14 |
| 2004-12-31 | 0.60 |
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