Elevance Health
ELV
#121
Rank
C$168.93 B
Marketcap
$728.52
Share price
-0.44%
Change (1 day)
22.38%
Change (1 year)

Operating Margin for Elevance Health (ELV)

Operating Margin as of September 2024 (TTM): 5.61%

According to Elevance Health's latest financial reports and stock price the company's current Operating Margin is 5.61%. At the end of 2023 the company had an Operating Margin of 4.50%.

Operating Margin history for Elevance Health from 2002 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.50%-7.22%
20224.85%-15.84%
20215.77%12.66%
20205.12%-10.87%
20195.74%4.37%
20185.50%24.98%
20174.40%-17.98%
20165.37%-8.26%
20155.85%-1.06%
20145.91%9.36%
20135.41%-13.82%
20126.27%-3.76%
20116.52%-12.11%
20107.42%-34.85%
200911.38%123.32%
20085.10%-40.7%
20078.60%-0.23%
20068.62%-0.04%
20058.62%24.3%
20046.93%-4.72%
20037.28%
20015.02%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.