What does Elevance Health do?

ELV · Plain-English company overview

A stock is a share of ownership in a company. Owning one means you own a small piece of that business.

In the company's own words, from Item 1 (Business) of its latest annual report (Form 10-K) filed with the SEC on 2026-02-06.

Elevance Health and its direct and indirect subsidiaries, referred to throughout this document as “we,” “us,” “our,” the “Company” or “Elevance Health,” is a leading health company bringing together the concepts of elevate and advance. We are focused on enhancing well-being and advancing health outcomes by delivering integrated, whole health solutions across the care journey. We support consumers throughout their full health journeys with medical, pharmacy, and behavioral health services designed to address their whole health needs. Through this comprehensive approach, we aim to improve the health of the people and communities we serve. We advance our mission by collaborating with care providers and community organizations, fostering innovation that supports growth and equal opportunity for health access, and cultivating a high-performance culture.

We are one of the largest health insurers in the United States in terms of medical membership, serving approximately 45.2 million medical members through our affiliated health plans as of December 31, 2025. We offer a broad spectrum of network-based managed care risk-based plans to Individual, Employer Group, Medicaid and Medicare markets. In addition, we provide a broad array of managed care services to fee-based customers, including claims processing, stop loss insurance, care provider network access, medical management, care management, wellness programs, actuarial services and other administrative services. Across these markets, we generate revenue through risk-based premiums, administrative fees from self-funded employers and pharmacy and health service fees through our Carelon businesses. We provide services to the federal government in connection with our Federal Health Products & Services business, which administers the Federal Employee Program ® (“FEP ® ”). We provide an array of specialty services both to customers of our subsidiary health plans and to unaffiliated health plans, including pharmacy services, stop loss insurance, dental, vision and supplemental health insurance benefits, as well as integrated health services.

Read the full 10-K on SEC.gov →

How did Elevance Health's latest earnings compare?

An earnings release is a company's quarterly report of how much money it made. Analysts predict these numbers ahead of time, and the actual results are compared against those predictions.

In the most recent quarter (2026-06-30), Elevance Health reported earnings of $7.45 per share. Analysts expected $6.2682 per share, so the company beat expectations.

SEC Filings

Key filings
Annual report (10-K)
The company's big yearly financial report.
2026-02-06
Quarterly report (10-Q)
A financial update covering the last 3 months.
2026-07-15
Material event (8-K)
A heads-up about something important that just happened.
2026-07-15
Most recent filings
Insider trade (4)
An executive or director bought or sold company shares.
2026-07-17
Insider trade (4)
An executive or director bought or sold company shares.
2026-07-17
Quarterly report (10-Q)
A financial update covering the last 3 months.
2026-07-15
Material event (8-K)
A heads-up about something important that just happened.
2026-07-15
Proposed share sale (144)
Notice that an insider plans to sell some shares.
2026-07-07
SEC filing (11-K)
An official filing with the SEC.
2026-06-17
SEC filing (11-K)
An official filing with the SEC.
2026-06-17
Insider trade (4)
An executive or director bought or sold company shares.
2026-06-15
Proposed share sale (144)
Notice that an insider plans to sell some shares.
2026-06-12
Insider trade (4)
An executive or director bought or sold company shares.
2026-06-12
View all filings on SEC.gov →

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Zelothorn provides plain-English summaries drawn from official SEC filings for educational purposes only. It is not financial advice and does not recommend buying or selling any security.