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ELV

Elevance Health, Inc

$534.42

Earnings Summary

Revenue
$42577Mn
Net Profits
$2246Mn
Net Profit Margins
5.28%
PE Ratio
20.1

Highlights

Revenue:

Elevance Health, Inc’s revenue jumped 0.96% since last year same period to $42577Mn in the Q1 2024. On a quarterly growth basis, Elevance Health, Inc has generated -0.16% fall in its revenue since last 3-months.

Net Profits:

Elevance Health, Inc’s net profit jumped 12.08% since last year same period to $2246Mn in the Q1 2024. On a quarterly growth basis, Elevance Health, Inc has generated 162.38% jump in its net profits since last 3-months.

Net Profit Margins:

Elevance Health, Inc’s net profit margin jumped 11.01% since last year same period to 5.28% in the Q1 2024. On a quarterly growth basis, Elevance Health, Inc has generated 162.81% jump in its net profit margins since last 3-months.

PE Ratio:

Elevance Health, Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 20.1.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Elevance Health, Inc post its latest quarter earnings

EPS Estimate Current Quarter
10.01
EPS Estimate Current Year
10.01

Highlights

EPS Estimate Current Quarter:

Elevance Health, Inc’s earning per share (EPS) estimates for the current quarter stand at 10.01 - a -4.94% fall from last quarter’s estimates.

EPS Estimate Current Year:

Elevance Health, Inc’s earning per share (EPS) estimates for the current year stand at 10.01.

Key Ratios

Key ratios of the Elevance Health, Inc post its Q1 2024 earnings

Earning Per Share (EPS)
10.64
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.16
Dividend Per Share (DPS)
1.63

Highlights

Earning Per Share (EPS):

Elevance Health, Inc’s earning per share (EPS) jumped 12.47% since last year same period to 10.64 in the Q1 2024. This indicates that the Elevance Health, Inc has generated 12.47% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Elevance Health, Inc’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Elevance Health, Inc’s return on equity (ROE) stands at 0.16.

Dividend Per Share (DPS):

Elevance Health, Inc declared 1.63 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-18
10.53
10.64
1.04%

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