What is the current annual operating margin of ELV?

As of today, ELV annual operating margin is 4.07%

What is 1-year change in ELV annual operating margin?

ELV annual operating margin is down -19.09% year-over-year

What is 3-year change in ELV annual operating margin?

ELV annual operating margin is down -24.63% over the past 3 years

How far is ELV annual operating margin from its all-time high?

ELV annual operating margin is currently -58.04% below its historical high of 9.70% set on December 31, 2007

How does ELV annual operating margin rank versus sector peers?

ELV annual operating margin is higher than 71.91% of companies in Healthcare sector

When is ELV next annual earnings release?

The next annual earnings release for ELV is on January 28, 2027

What is the current quarterly operating margin of ELV?

As of today, ELV quarterly operating margin is 4.18%

What is ELV quarterly operating margin most recent change?

ELV quarterly operating margin was down -8.33% on September 30, 2026

What is 1-year change in ELV quarterly operating margin?

ELV quarterly operating margin is up +20.81% year-over-year

How far is ELV quarterly operating margin from its all-time high?

ELV quarterly operating margin is currently -63.53% below its historical high of 11.46% set on June 30, 2020

How does ELV quarterly operating margin rank versus sector peers?

ELV quarterly operating margin is higher than 67.14% of companies in Healthcare sector

When is ELV next earnings release?

The next earnings release for ELV is on January 28, 2027

ELV Operating Margin History & Chart Since 1998

Annual Operating Margin

4.07%0.96%-19.09%

December 31, 2025

Summary

Current Value: As of today, ELV annual operating margin is 4.07%, down -19.09% on December 31, 2025
Historical Performance: ELV annual operating margin is down -24.63% over the past 3 years, down -35.70% over the past 5 years
All-Time High Comparison: ELV annual operating margin is currently -58.04% below its historical high of 9.70% set on December 31, 2007
3-Year Low Comparison: ELV annual operating margin is at its 3-year low
Sector Comparison: ELV annual operating margin is higher than 71.91% of companies in Healthcare sector

Operating Margin Chart

beforeafter

Performance

ELV Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	4.07%	-19.1%	-24.6%	-35.7%	-50.4%
Quarterly Operating Margin	Sep 30, 26	4.18%	+20.8%	-6.3%	-31.8%	-45.2%
Price	Nov 2, 26	$413.60	+30.4%	-8.4%	-1.6%	+508.3%
PE Ratio	Nov 2, 26	17.63	+35.9%	-1.9%	-6.5%	+97.9%
Annual Revenue	Dec 31, 25	$199.13B	+12.6%	+27.2%	+63.4%	+238.4%
Annual Operating Profit	Dec 31, 25	$8.11B	-8.7%	-4.0%	+5.2%	+67.8%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	2.84%	-16.0%	-24.5%	-24.3%	-42.2%

Operating Margin Highs

ELV Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	5.40%	N/A	-24.6%
5Y	6.45%	Dec 31, 21	-36.9%
All	9.70%	Dec 31, 07	-58.0%

Operating Margin Lows

ELV Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	4.07%	Dec 31, 25	at low
5Y	4.07%	Dec 31, 25	at low
All	2.12%	Dec 31, 99	+92.0%

Operating Margin History

Year	Value	Change
2025	4.07%	-19.1%
2024	5.03%	-1.4%
2023	5.10%	-5.6%
2022	5.40%	-16.3%
2021	6.45%	+1.9%
2020	6.33%	-2.0%
2019	6.46%	+1.9%
2018	6.34%	+14.4%
2017	5.54%	-13.2%
2016	6.38%	-5.6%
2015	6.76%	-2.0%
2014	6.90%	+4.7%
2013	6.59%	-8.0%
2012	7.16%	-2.8%

Year	Value	Change
2011	7.37%	-10.2%
2010	8.21%	+2.4%
2009	8.02%	+1.0%
2008	7.94%	-18.1%
2007	9.70%	+3.1%
2006	9.41%	+2.8%
2005	9.15%	+6.1%
2004	8.62%	+5.3%
2003	8.19%	+20.1%
2002	6.82%	+15.6%
2001	5.90%	+34.7%
2000	4.38%	+106.6%
1999	2.12%	-61.9%
1998	5.56%	-

FAQ

What is the current annual operating margin of ELV?: As of today, ELV annual operating margin is 4.07%
What is 1-year change in ELV annual operating margin?: ELV annual operating margin is down -19.09% year-over-year
What is 3-year change in ELV annual operating margin?: ELV annual operating margin is down -24.63% over the past 3 years
How far is ELV annual operating margin from its all-time high?: ELV annual operating margin is currently -58.04% below its historical high of 9.70% set on December 31, 2007
How does ELV annual operating margin rank versus sector peers?: ELV annual operating margin is higher than 71.91% of companies in Healthcare sector
When is ELV next annual earnings release?: The next annual earnings release for ELV is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

4.18%0.38%-8.33%

September 30, 2026

Summary

Current Value: As of today, ELV quarterly operating margin is 4.18%, down -8.33% on September 30, 2026
Historical Performance: ELV quarterly operating margin is up +20.81% year-over-year, down -6.28% over the past 3 years
All-Time High Comparison: ELV quarterly operating margin is currently -63.53% below its historical high of 11.46% set on June 30, 2020
3-Year Low Comparison: ELV quarterly operating margin is +257.26% above its 3-year low of 1.17% reached on December 31, 2025
Sector Comparison: ELV quarterly operating margin is higher than 67.14% of companies in Healthcare sector

Performance

ELV Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	4.18%	-8.3%	+20.8%	-6.3%	-31.8%
Annual Operating Margin	Dec 31, 25	4.07%	–	-19.1%	-24.6%	-35.7%
Price	Nov 2, 26	$413.60	+10.1%	+30.4%	-8.4%	-1.6%
PE Ratio	Nov 2, 26	17.63	+5.6%	+35.9%	-1.9%	-6.5%
Quarterly Revenue	Sep 30, 26	$51.43B	+1.9%	+1.4%	+20.0%	+43.6%
Quarterly Operating Profit	Sep 30, 26	$2.15B	-6.5%	+22.5%	+12.5%	-2.0%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	2.61%	-9.4%	+11.5%	-13.9%	-37.7%

Quarterly Operating Margin Highs

ELV Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	5.30%	Mar 31, 26	-21.1%
3Y	7.53%	Mar 31, 24	-44.5%
5Y	7.53%	Mar 31, 24	-44.5%
All	11.46%	Jun 30, 20	-63.5%

Quarterly Operating Margin Lows

ELV Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	1.17%	Dec 31, 25	+257.3%
3Y	1.17%	Dec 31, 25	+257.3%
5Y	1.17%	Dec 31, 25	+257.3%
All	1.17%	Dec 31, 25	+257.3%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	4.18%	-8.3%
Jun 2026	4.56%	-14.0%
Mar 2026	5.30%	+353.0%
Dec 2025	1.17%	-66.2%
Sep 2025	3.46%	-34.6%
Jun 2025	5.29%	-17.6%
Mar 2025	6.42%	+208.7%
Dec 2024	2.08%	-45.1%
Sep 2024	3.79%	-45.3%
Jun 2024	6.93%	-8.0%
Mar 2024	7.53%	+155.3%
Dec 2023	2.95%	-33.9%
Sep 2023	4.46%	-27.9%
Jun 2023	6.19%	-9.1%
Mar 2023	6.81%	+113.5%
Dec 2022	3.19%	-45.6%
Sep 2022	5.86%	-2.8%
Jun 2022	6.03%	-8.4%
Mar 2022	6.58%	+50.9%
Dec 2021	4.36%	-28.9%
Sep 2021	6.13%	-19.0%
Jun 2021	7.57%	+3.6%
Mar 2021	7.31%	+188.9%
Dec 2020	2.53%	+27.8%
Sep 2020	1.98%	-82.7%
Jun 2020	11.46%	+48.6%
Mar 2020	7.71%	+63.7%
Dec 2019	4.71%	-25.0%
Sep 2019	6.28%	-2.3%
Jun 2019	6.43%	-25.6%
Mar 2019	8.64%	+177.8%
Dec 2018	3.11%	-49.4%
Sep 2018	6.15%	-16.7%
Jun 2018	7.38%	-16.1%
Mar 2018	8.80%	+250.6%
Dec 2017	2.51%	-55.7%
Sep 2017	5.66%	-9.1%
Jun 2017	6.23%	-19.8%
Mar 2017	7.77%	+99.2%
Dec 2016	3.90%	-38.0%
Sep 2016	6.29%	-18.6%
Jun 2016	7.73%	+0.5%
Mar 2016	7.69%	+170.8%
Dec 2015	2.84%	-56.8%
Sep 2015	6.58%	-23.8%
Jun 2015	8.64%	-5.4%
Mar 2015	9.13%	+64.5%
Dec 2014	5.55%	-22.6%
Sep 2014	7.17%	-6.9%
Jun 2014	7.70%	+6.6%
Mar 2014	7.22%	+101.1%
Dec 2013	3.59%	-46.7%

Month	Value	Change
Sep 2013	6.73%	-12.9%
Jun 2013	7.73%	-7.6%
Mar 2013	8.37%	+100.2%
Dec 2012	4.18%	-44.8%
Sep 2012	7.57%	-7.6%
Jun 2012	8.19%	-11.7%
Mar 2012	9.27%	+119.1%
Dec 2011	4.23%	-44.6%
Sep 2011	7.63%	+3.0%
Jun 2011	7.41%	-28.1%
Mar 2011	10.31%	+72.7%
Dec 2010	5.97%	-30.1%
Sep 2010	8.54%	-0.1%
Jun 2010	8.55%	-12.4%
Mar 2010	9.76%	+62.1%
Dec 2009	6.02%	-36.6%
Sep 2009	9.49%	+18.2%
Jun 2009	8.03%	-5.8%
Mar 2009	8.52%	+22.9%
Dec 2008	6.93%	-22.0%
Sep 2008	8.88%	-1.9%
Jun 2008	9.05%	+31.2%
Mar 2008	6.90%	-30.3%
Dec 2007	9.90%	-1.2%
Sep 2007	10.02%	+3.5%
Jun 2007	9.68%	+5.4%
Mar 2007	9.18%	-3.9%
Dec 2006	9.55%	+0.7%
Sep 2006	9.48%	+1.1%
Jun 2006	9.38%	+1.8%
Mar 2006	9.21%	-4.8%
Dec 2005	9.67%	+0.9%
Sep 2005	9.58%	+12.8%
Jun 2005	8.49%	-4.1%
Mar 2005	8.85%	+6.0%
Dec 2004	8.35%	-1.4%
Sep 2004	8.47%	-1.4%
Jun 2004	8.59%	-9.2%
Mar 2004	9.46%	+12.6%
Dec 2003	8.40%	+4.0%
Sep 2003	8.08%	+14.4%
Jun 2003	7.06%	-6.9%
Mar 2003	7.58%	-0.1%
Dec 2002	7.59%	+5.0%
Sep 2002	7.23%	+18.5%
Jun 2002	6.10%	+2.7%
Mar 2002	5.94%	-13.9%
Dec 2001	6.90%	-3.8%
Sep 2001	7.17%	+88.2%
Jun 2001	3.81%	-14.0%
Mar 2001	4.43%	-

FAQ

What is the current quarterly operating margin of ELV?: As of today, ELV quarterly operating margin is 4.18%
What is ELV quarterly operating margin most recent change?: ELV quarterly operating margin was down -8.33% on September 30, 2026
What is 1-year change in ELV quarterly operating margin?: ELV quarterly operating margin is up +20.81% year-over-year
How far is ELV quarterly operating margin from its all-time high?: ELV quarterly operating margin is currently -63.53% below its historical high of 11.46% set on June 30, 2020
How does ELV quarterly operating margin rank versus sector peers?: ELV quarterly operating margin is higher than 67.14% of companies in Healthcare sector
When is ELV next earnings release?: The next earnings release for ELV is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

ELV Official Website www.elevancehealth.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1156039/000115603926000006/0001156039-26-000006-index.htm
ELV Profile on Yahoo Finance finance.yahoo.com/quote/ELV
ELV Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/elv