Elevance Health Overview

  • Year Founded
  • 1944

Year Founded

  • Status
  • Public

  • Employees
  • 104,200

Employees

  • Stock Symbol
  • ELV

Stock Symbol

  • Investments
  • 63

  • Share Price
  • $374.52
  • (As of Friday Closing)

Elevance Health General Information

Description

Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of December 2024. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.

Contact Information

Formerly Known As
WellPoint, Anthem, Blue Cross Of California, Wellpoint Health Networks Inc, Wellpoint Inc, Wellpoint, Inc
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 220 Virginia Avenue
  • Indianapolis, IN 46204
  • United States
+1 (833)
Primary Industry
Life and Health Insurance
Other Industries
Managed Care
Stock Exchange
NYS
Corporate Office
  • 220 Virginia Avenue
  • Indianapolis, IN 46204
  • United States
+1 (833)

Elevance Health Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Elevance Health Stock Performance

As of 20-Jun-2025, Elevance Health’s stock price is $374.52. Its current market cap is $84.6B with 226M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$374.52 $375.91 $357.45 - $567.26 $84.6B 226M 1.79M $25.80

Elevance Health Financials Summary

As of 31-Mar-2025, Elevance Health has a trailing 12-month revenue of $183B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 121,524,257 104,942,326 124,838,330 137,463,385
Revenue 183,124,000 176,810,000 171,340,000 156,595,000
EBITDA 10,461,000 10,482,000 10,490,000 10,126,000
Net Income 5,917,000 5,980,000 5,987,000 5,894,000
Total Assets 119,717,000 116,889,000 108,928,000 102,755,000
Total Debt 30,003,000 31,232,000 25,120,000 24,114,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Elevance Health Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Elevance Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical m
Life and Health Insurance
Indianapolis, IN
104,200 As of 2024

Louisville, KY
 

Bloomfield, CT
 
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Elevance Health Competitors (9)

One of Elevance Health’s 9 competitors is Humana, a Corporation company based in Louisville, KY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Humana Corporation Louisville, KY
The Cigna Group Corporation Bloomfield, CT
Molina Healthcare Corporation Long Beach, CA
Blue Cross and Blue Shield of Minnesota Corporate Backed or Acquired Eagan, MN
Health Care Service Corporation Private Debt Financed Chicago, IL
You’re viewing 5 of 9 competitors. Get the full list »

Elevance Health Patents

Elevance Health Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12184503-B1 Automated self service on a multi-cloud network platform Active 28-May-2024
US-20250193134-A1 Conversational artificial intelligence regression ensemble Pending 08-Dec-2023
US-20250176923-A1 Cognitive artificial intelligence platform for physicians Pending 30-Nov-2023
US-20250087360-A1 System and method for calculating whole health index Pending 07-Sep-2023
US-20240290499-A1 Method and system for predicting medical diagnoses using machine learning without patient intervention Pending 24-Feb-2023 G16H50/30
To view Elevance Health’s complete patent history, request access »

Elevance Health Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Elevance Health Investments & Acquisitions (63)

Elevance Health’s most recent deal was a Merger/Acquisition with Granular Insurance Company. The deal was made on 30-Apr-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Granular Insurance Company 30-Apr-2025 Merger/Acquisition Other Insurance
Centers Plan For Healthy Living 31-Dec-2024 Merger/Acquisition Managed Care
Apree Health 06-Aug-2024 PE Growth/Expansion Other Healthcare Technology Systems
Paragon Healthcare 11-Mar-2024 Merger/Acquisition Clinics/Outpatient Services
CareBridge 01-Jan-2024 Merger/Acquisition Other Healthcare Services
You’re viewing 5 of 63 investments and acquisitions. Get the full list »

Elevance Health ESG

Risk Overview

Risk Rating

Updated December, 21, 2024

9.31 | Negl Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,673

Rank

Percentile

Healthcare

Industry

of 564

Rank

Percentile

Managed Health Care

Subindustry

of 16

Rank

Percentile

To view Elevance Health’s complete esg history, request access »

Elevance Health Exits (13)

Elevance Health’s most recent exit was on 01-Jul-2021 from Sharecare. The exit was categorized as with 7 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Sharecare 01-Jul-2021 Completed
  • 7 buyers
Sera Prognostics 10-May-2021 Completed
  • 10 buyers
Privia Health Group 29-Apr-2021 Completed
Sera Prognostics 27-Feb-2020 Completed
  • 11 buyers
Doc.ai 01-Oct-2019 Early Stage VC Completed
  • 9 buyers
You’re viewing 5 of 13 exits. Get the full list »

Elevance Health Affiliates

Subsidiaries (23)

Name Industry Location Year Founded
Granular Insurance Company Philadelphia, PA 2020
CareBridge Nashville, TN 2019
IngenioRx Morristown, NJ 2017
Integra Managed Care New Hyde Park, NY 2014
Centers Plan For Healthy Living New York, NY 2012
You’re viewing 5 of 23 affiliates. Get the full list.  »

Elevance Health FAQs

  • When was Elevance Health founded?

    Elevance Health was founded in 1944.

  • Where is Elevance Health headquartered?

    Elevance Health is headquartered in Indianapolis, IN.

  • What is the size of Elevance Health?

    Elevance Health has 104,200 total employees.

  • What industry is Elevance Health in?

    Elevance Health’s primary industry is Life and Health Insurance.

  • Is Elevance Health a private or public company?

    Elevance Health is a Public company.

  • What is Elevance Health’s stock symbol?

    The ticker symbol for Elevance Health is ELV.

  • What is the current stock price of Elevance Health?

    As of 20-Jun-2025 the stock price of Elevance Health is $374.52.

  • What is the current market cap of Elevance Health?

    The current market capitalization of Elevance Health is $84.6B.

  • What is Elevance Health’s current revenue?

    The trailing twelve month revenue for Elevance Health is $183B.

  • Who are Elevance Health’s competitors?

    Humana, The Cigna Group, Molina Healthcare, Blue Cross and Blue Shield of Minnesota, and Health Care Service Corporation are some of the 9 competitors of Elevance Health.

  • What is Elevance Health’s annual earnings per share (EPS)?

    Elevance Health’s EPS for 12 months was $25.80.

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