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Elevance Health Inc. (ELV)
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Elevance Health Inc. (ELV) Debt to Equity Ratio: 0.76

Is Elevance Health Inc.’s debt to equity ratio high or low?

Elevance Health Inc.'s debt to equity ratio of 0.76 is in line with its 5-year average of 0.71, near the high end of its 5-year range (0.66–0.79).

The debt to equity ratio for Elevance Health Inc. (ELV) is 0.76 as of Wednesday, June 10, 2026. It is below its 12-month average by 1.94% (0.78).

ELV Debt to Equity Ratio Chart

ELV Debt to Equity Ratio
0.76-3.80% 1Y
Zoom

ELV Average Debt to Equity Ratio Chart

ELV Current vs Average Debt to Equity Ratio Chart

ELV Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.76

DEBT TO EQUITY RATIO AVG TTM

0.78

DEBT TO EQUITY RATIO AVG 3Y

0.74

DEBT TO EQUITY RATIO AVG 5Y

0.71

DEBT TO EQUITY RATIO AVG 10Y

0.70

DEBT TO EQUITY RATIO AVG 15Y

0.65

DEBT TO EQUITY RATIO AVG 20Y

0.57

CURRENT VS TTM AVG

-1.94%

CURRENT VS 3Y AVG

+3.40%

CURRENT VS 5Y AVG

+6.29%

CURRENT VS 10Y AVG

+8.57%

CURRENT VS 15Y AVG

+17.60%

CURRENT VS 20Y AVG

+32.56%

ELV Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Elevance Health Inc. (ELV)$87.43B0.760.780.740.71
Cigna Corporation (CI)$78.25B0.750.770.730.72
Medtronic plc (MDT)$103.04B0.000.290.390.42
Vertex Pharmaceuticals Incorporated (VRTX)$110.77B0.210.160.110.11
Regeneron Pharmaceuticals, Inc. (REGN)$62.59B0.090.090.100.13
Bristol-Myers Squibb Company (BMY)$114.14B2.552.842.101.84
CVS Health Corporation (CVS)$125.16B1.241.171.091.10
Danaher Corporation (DHR)$130.25B0.350.350.370.43
IDEXX Laboratories, Inc. (IDXX)$44.47B0.670.651.101.25
Humana Inc. (HUM)$43.78B0.730.740.750.72

Financial Health

Debt/Equity

0.76

Current Ratio

1.24

Elevance Health Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Elevance Health Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for Elevance Health Inc. (ELV)?
The debt to equity ratio for ELV stock is 0.76.
Is Elevance Health Inc.'s debt to equity ratio high or low?
Elevance Health Inc.'s debt to equity ratio of 0.76 is in line with its 5-year average of 0.71, near the high end of its 5-year range (0.66–0.79).
What is the TTM average debt to equity ratio for Elevance Health Inc. (ELV)?
The TTM average debt to equity ratio for ELV stock is 0.78.
What is the 3Y average debt to equity ratio for Elevance Health Inc. (ELV)?
The 3Y average debt to equity ratio for ELV stock is 0.74.
What is the 5Y average debt to equity ratio for Elevance Health Inc. (ELV)?
The 5Y average debt to equity ratio for ELV stock is 0.71.
What is the 10Y average debt to equity ratio for Elevance Health Inc. (ELV)?
The 10Y average debt to equity ratio for ELV stock is 0.70.
What is the 15Y average debt to equity ratio for Elevance Health Inc. (ELV)?
The 15Y average debt to equity ratio for ELV stock is 0.65.
What is the 20Y average debt to equity ratio for Elevance Health Inc. (ELV)?
The 20Y average debt to equity ratio for ELV stock is 0.57.

Elevance Health Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-310.76
2024-12-310.79
2023-12-310.68
2022-12-310.71
2021-12-310.69
2020-12-310.66
2019-12-310.67
2018-12-310.67
2017-12-310.75
2016-12-310.63
2015-12-310.69
2014-12-310.62
2013-12-310.59
2012-12-310.63
2011-12-310.42
2010-12-310.38
2009-12-310.34
2008-12-310.41
2007-12-310.39
2006-12-310.29
2005-12-310.27
2004-12-310.23
2003-12-310.34
2002-12-310.31
2001-12-310.55
2000-12-310.31
1999-12-310.31
1998-12-310.18

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
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Gail Koziara Boudreaux