The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ELV

Concerning the House

Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to individual, employer group risk-based and fee-based, BlueCard, Medicare, Medicaid, and FEP members; health products; a broad array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, and supplemental health insurance benefits. The company also operates in the pharmacy services business; and markets and offers pharmacy services, including home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services, as well as infusion services and injectable therapies through ambulatory infusion centers. In addition, it provides healthcare related services and capabilities, including specialty care enablement and utilization management support for specialized clinical domains; behavioral health and comprehensive care management services; palliative care services and management; virtual care; and payment integrity, subrogation, clinical data exchange through its HealthOS platform, research and data, reporting and clinical analytics, information technology, and business process support services, as well as manages home health, post-acute institutional management, and durable medical equipment costs; and supports plans in managing home and community-based services. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is based in Indianapolis, Indiana.

United States · www.elevancehealth.com

The Long Run

FY 2009–2025 · 16 years

LineLatestCAGRTrend
Revenue$177.01B+7.3%
Operating income$8.50B+4.9%
Net income$5.66B+1.2%
Cash from ops$8.06B+4.2%
Quotation

$398.22

-0.92 (-0.2%)

52w hi$426.79
52w lo$277.89
Vol473.78K
As ofAug 13
The Verdict

Hold

Our score +0.01

Short-0.10
Medium+0.11
Long+0.01

computed 2026-08-13

By the Numbers

Elevance Health, Inc.

Healthcare · Healthcare Plans

Market cap$86.36B
Enterprise value$80.23B
Trailing P/E17.63x
Forward P/E13.44x
EV / EBITDA9.64x
P / S (ttm)0.43x
Profit margin2.5%
Return on equity11.1%
Revenue growth+1.4%
Earnings growth-13.1%
Debt / equity68.95
Risk Metrics
Beta vs SPX0.24
Corr SPX0.11
Annual vol35.6%
Annual ret-7.5%
Sharpe-0.21
Max DD-51.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.12
Sector+0.12
Technical-0.02
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$400.80$404.72$397.64$398.22473.78K
Aug 12$386.94$399.16$385.84$399.14786.70K
Aug 11$398.22$403.33$388.16$390.37907.30K
Aug 10$395.31$400.93$395.02$397.70854.60K
Aug 7$390.39$395.70$387.31$394.20941.90K