Elevance Health (ELV) Revenue & Revenue Breakdown
Elevance Health Revenue Highlights
Latest Revenue (Y)
$171.34B
Latest Revenue (Q)
$43.89B
Main Segment (Y)
Corporate & Other Segment
Elevance Health Revenue by Period
Elevance Health Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $171.34B | 9.42% |
| 2022-12-31 | $156.59B | 12.95% |
| 2021-12-31 | $138.64B | 13.76% |
| 2020-12-31 | $121.87B | 16.94% |
| 2019-12-31 | $104.21B | 13.15% |
| 2018-12-31 | $92.11B | 2.29% |
| 2017-12-31 | $90.04B | 6.10% |
| 2016-12-31 | $84.86B | 7.21% |
| 2015-12-31 | $79.16B | 7.15% |
| 2014-12-31 | $73.87B | 4.01% |
| 2013-12-31 | $71.02B | 15.09% |
| 2012-12-31 | $61.71B | 1.65% |
| 2011-12-31 | $60.71B | 3.25% |
| 2010-12-31 | $58.80B | -9.57% |
| 2009-12-31 | $65.03B | 6.17% |
| 2008-12-31 | $61.25B | 0.19% |
| 2007-12-31 | $61.13B | 7.34% |
| 2006-12-31 | $56.95B | 26.18% |
| 2005-12-31 | $45.14B | 116.84% |
| 2004-12-31 | $20.82B | 24.11% |
| 2003-12-31 | $16.77B | 26.27% |
| 2002-12-31 | $13.28B | 27.17% |
| 2001-12-31 | $10.44B | -39.68% |
| 2000-12-31 | $17.31B | 40.19% |
| 1999-12-31 | $12.35B | 11.55% |
| 1998-12-31 | $11.07B | - |
Elevance Health generated $171.34B in revenue during NA 2023, up 9.42% compared to the previous quarter, and up 186.03% compared to the same period a year ago.
Elevance Health Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $43.89B | 3.07% |
| 2024-03-31 | $42.58B | -0.16% |
| 2023-12-31 | $42.65B | -0.47% |
| 2023-09-30 | $42.85B | -1.88% |
| 2023-06-30 | $43.67B | 3.56% |
| 2023-03-31 | $42.17B | 5.62% |
| 2022-12-31 | $39.93B | -0.03% |
| 2022-09-30 | $39.94B | 3.38% |
| 2022-06-30 | $38.63B | 1.41% |
| 2022-03-31 | $38.09B | 4.14% |
| 2021-12-31 | $36.58B | 2.12% |
| 2021-09-30 | $35.82B | 5.82% |
| 2021-06-30 | $33.85B | 4.53% |
| 2021-03-31 | $32.38B | 1.76% |
| 2020-12-31 | $31.82B | 2.14% |
| 2020-09-30 | $31.16B | 6.47% |
| 2020-06-30 | $29.26B | -1.21% |
| 2020-03-31 | $29.62B | 8.08% |
| 2019-12-31 | $27.41B | 2.75% |
| 2019-09-30 | $26.67B | 4.74% |
| 2019-06-30 | $25.47B | 3.24% |
| 2019-03-31 | $24.67B | 5.53% |
| 2018-12-31 | $23.37B | 0.52% |
| 2018-09-30 | $23.25B | 1.34% |
| 2018-06-30 | $22.94B | 1.80% |
| 2018-03-31 | $22.54B | -0.63% |
| 2017-12-31 | $22.68B | 1.13% |
| 2017-09-30 | $22.43B | 0.08% |
| 2017-06-30 | $22.41B | -0.53% |
| 2017-03-31 | $22.53B | 3.74% |
| 2016-12-31 | $21.71B | 1.45% |
| 2016-09-30 | $21.40B | -0.24% |
| 2016-06-30 | $21.46B | 5.76% |
| 2016-03-31 | $20.29B | 0.50% |
| 2015-12-31 | $20.19B | 1.44% |
| 2015-09-30 | $19.90B | -0.57% |
| 2015-06-30 | $20.02B | 5.06% |
| 2015-03-31 | $19.05B | 0.35% |
| 2014-12-31 | $18.98B | 2.30% |
| 2014-09-30 | $18.56B | 0.45% |
| 2014-06-30 | $18.47B | 3.44% |
| 2014-03-31 | $17.86B | 1.64% |
| 2013-12-31 | $17.57B | -2.22% |
| 2013-09-30 | $17.97B | 0.98% |
| 2013-06-30 | $17.80B | 0.61% |
| 2013-03-31 | $17.69B | 13.85% |
| 2012-12-31 | $15.54B | 1.19% |
| 2012-09-30 | $15.35B | -0.35% |
| 2012-06-30 | $15.41B | -0.05% |
| 2012-03-31 | $15.42B | 0.64% |
| 2011-12-31 | $15.32B | -0.52% |
| 2011-09-30 | $15.40B | 1.97% |
| 2011-06-30 | $15.10B | 1.39% |
| 2011-03-31 | $14.89B | 1.68% |
| 2010-12-31 | $14.65B | 0.52% |
| 2010-09-30 | $14.57B | 0.80% |
| 2010-06-30 | $14.46B | -4.25% |
| 2010-03-31 | $15.10B | -20.73% |
| 2009-12-31 | $19.05B | 23.48% |
| 2009-09-30 | $15.43B | 0.08% |
| 2009-06-30 | $15.41B | 1.78% |
| 2009-03-31 | $15.14B | 0.49% |
| 2008-12-31 | $15.07B | 0.73% |
| 2008-09-30 | $14.96B | -4.51% |
| 2008-06-30 | $15.67B | 0.73% |
| 2008-03-31 | $15.55B | -0.05% |
| 2007-12-31 | $15.56B | - |
Elevance Health generated $43.89B in revenue during Q2 2024, up 3.07% compared to the previous quarter, and up 104.06% compared to the same period a year ago.
Elevance Health Revenue Breakdown
Elevance Health Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Segment Eliminations | $-340.00M | $-24.64B | $-20.47B | - | - |
| Corporate & Other Segment | $479.00M | - | - | - | - |
| Other Segment | - | $13.29B | $10.25B | $2.15B | $3.09B |
| IngenioRx Segment | - | $28.53B | $25.43B | $10.38B | - |
| Commercial Specialty Business Segment | - | $41.67B | $38.81B | - | - |
| Government Business Segment | - | $96.81B | $82.92B | - | - |
Elevance Health's latest annual revenue breakdown by segment (product or service), as of Dec 23: Corporate & Other Segment (344.60%), and Segment Eliminations (-244.60%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Health Benefits Segment | $37.16B | $37.26B | $36.55B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Carelon Services Segment | $26.64B | $24.15B | $25.69B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segment | - | - | - | $3.41B | $589.00M | $520.00M | $558.00M | $2.69B | $658.00M | $621.00M | $586.00M | $648.00M | $624.00M | $603.00M | $277.00M | $1.59B | $1.21B | - | - | - |
| Corporate & Other Segment | - | - | $237.00M | $242.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Segment Eliminations | - | - | - | $-97.00M | $-6.82B | $-6.97B | $-6.26B | $-5.29B | - | - | - | - | - | - | - | - | - | - | - | - |
| Commercial Specialty Business Segment | - | - | - | - | - | - | $10.35B | $9.90B | - | - | - | - | - | - | - | - | - | - | - | - |
| Government Business Segment | - | - | - | - | - | - | $24.65B | $21.91B | - | - | - | - | - | - | - | - | - | - | - | - |
| Commercial Specialty | - | - | - | - | - | - | - | $10.49B | $10.56B | $10.27B | $9.86B | $9.55B | $9.49B | $9.33B | $8.79B | $9.36B | $9.28B | - | - | - |
| IngenioRx Segment | - | - | - | - | - | - | - | $3.97B | $3.57B | $3.30B | $3.37B | $3.04B | $2.74B | $2.90B | $2.60B | $2.54B | $2.34B | - | - | - |
Elevance Health's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Health Benefits Segment (58.25%), and Carelon Services Segment (41.75%).
Elevance Health Peer Comparison by Revenue
ELV Revenue FAQ
What is Elevance Health’s yearly revenue?
Elevance Health's yearly revenue for 2023 was $171.34B, representing an increase of 9.42% compared to 2022. The company's yearly revenue for 2022 was $156.6B, representing an increase of 12.95% compared to 2021. ELV's yearly revenue for 2021 was $138.64B, representing an increase of 13.76% compared to 2020.
What is Elevance Health’s quarterly revenue?
Elevance Health's quarterly revenue for Q2 2024 was $43.89B, a 3.07% increase from the previous quarter (Q1 2024), and a 0.49% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $42.58B, a -0.16% decrease from the previous quarter (Q4 2023), and a 0.96% increase year-over-year (Q1 2023). ELV's quarterly revenue for Q4 2023 was $42.65B, a -0.47% decrease from the previous quarter (Q3 2023), and a 6.81% increase year-over-year (Q4 2022).
What is Elevance Health’s revenue growth rate?
Elevance Health's revenue growth rate for the last 3 years (2021-2023) was 23.59%, and for the last 5 years (2019-2023) was 64.41%.
What are Elevance Health’s revenue streams?
Elevance Health's revenue streams in c 23 are Segment Eliminations, and Corporate & Other Segment. Segment Eliminations generated $-340M in revenue, accounting -244.60% of the company's total revenue, down -98.62% year-over-year. Corporate & Other Segment generated $479M in revenue, accounting 344.60% of the company's total revenue
What is Elevance Health’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Elevance Health was Corporate & Other Segment. This segment made a revenue of $479M, representing 344.60% of the company's total revenue.