Elevance Return On Equity from 2010 to 2024
| ELV Stock | USD 366.48 0.22 0.06% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.15231771 | Current Value 0.096 | Quarterly Volatility 0.02489256 |
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 179.9 B or Gross Profit of 161.7 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
Elevance | Return On Equity |
Latest Elevance Health's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Elevance Health over the last few years. Return on Equity is the amount of Elevance Health net income returned as a percentage of Elevance Health equity. Return on equity measures Elevance Health profitability by revealing how much profit Elevance Health generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Elevance Health's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevance Health's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.16 | 10 Years Trend |
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Return On Equity |
| Timeline |
Elevance Return On Equity Regression Statistics
| Arithmetic Mean | 0.13 | |
| Geometric Mean | 0.12 | |
| Coefficient Of Variation | 19.71 | |
| Mean Deviation | 0.02 | |
| Median | 0.11 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0006 | |
| Range | 0.0733 | |
| R-Value | 0.58 | |
| Mean Square Error | 0.0004 | |
| R-Squared | 0.34 | |
| Significance | 0.02 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
Elevance Return On Equity History
About Elevance Health Financial Statements
Elevance Health investors use historical fundamental indicators, such as Elevance Health's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.15 | 0.10 |
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Additional Tools for Elevance Stock Analysis
When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.