Elevance Health
ELV
$531.42
Share price
1.19%
Change (1 day)
10.01%
Change (1 year)
Categories
Operating Margin for Elevance Health (ELV)
Operating Margin as of April 2024 (TTM): 5.62%
According to Elevance Health's latest financial reports and stock price the company's current Operating Margin is 5.62%. At the end of 2022 the company had an Operating Margin of 4.96%.
Operating Margin history for Elevance Health from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.96% | -13.21% |
| 2021 | 5.72% | 11.67% |
| 2020 | 5.12% | -10.87% |
| 2019 | 5.74% | 4.37% |
| 2018 | 5.50% | 24.99% |
| 2017 | 4.40% | -17.99% |
| 2016 | 5.37% | -8.25% |
| 2015 | 5.85% | -1.06% |
| 2014 | 5.91% | 9.36% |
| 2013 | 5.41% | -13.68% |
| 2012 | 6.26% | -3.92% |
| 2011 | 6.52% | -11.95% |
| 2010 | 7.40% | -34.96% |
| 2009 | 11.38% | 123.32% |
| 2008 | 5.10% | -40.73% |
| 2007 | 8.60% | -0.33% |
| 2006 | 8.63% | 0.11% |
| 2005 | 8.62% | 24.3% |
| 2004 | 6.93% | -4.61% |
| 2003 | 7.27% | 19.55% |
| 2002 | 6.08% | 21.06% |
| 2001 | 5.02% |
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.