Elevance Health, Inc. ELV 81.5
Health Care · NYSE · Data as of 2026-10-28
Elevance Health, Inc. (ELV) has delivered +10.8% annualized revenue growth, +8.7% earnings growth, and +10.8% dividend growth over 10 years of data. Ranked #89 of 1968 stocks overall and #9 of 260 in the Health Care sector by Steady Score.
About Elevance Health, Inc.
Company Overview
Elevance Health is a health-benefits company serving individuals, employers and government programs in the United States. Its affiliated health plans offer medical coverage under Blue Cross and Blue Shield licenses in multiple states and other brands elsewhere. Through Carelon, the company also provides pharmacy, behavioral-health, care-delivery, payment and health-services capabilities to its own plans and external customers across the healthcare system.
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Business Model & Revenue
Health Benefits collects premiums and administrative fees to arrange and manage medical coverage, paying claims and provider costs for insured members. Fee-based arrangements let employers retain claim risk while Elevance provides network and administration services. Carelon earns pharmacy and service revenue by managing benefits, delivering care and supporting healthcare operations. Membership, pricing, medical-cost trends, government reimbursement, risk adjustment and operating efficiency determine profitability.
Key Facts & Market Position
Elevance combines a large regulated insurance business with the expanding Carelon services platform. Blue-brand market positions and provider networks create local scale, while pharmacy and care capabilities broaden revenue beyond underwriting. Results remain exposed to medical utilization, benefit pricing, regulatory changes and execution in Medicare and Medicaid, where government policy and membership eligibility can shift rapidly.