Below are the financial statements of Elevance Health, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Premiums | 144,166a | 142,854a | 133,229a |
Product revenue | 22,630a | 19,452a | 14,978a |
Service fees | 8,408a | 7,903a | 7,453a |
Total operating revenue | 175,204a | 170,209a | 155,660a |
Net investment income | 2,051a | 1,825a | 1,485a |
Net losses on financial instruments | -445a | -694a | -550a |
Gain on sale of business | 201a | 0a | 0a |
Total revenues | 177,011a | 171,340a | 156,595a |
Expenses | — | — | — |
Benefit expense | -127,567a | -124,330a | -116,642a |
Cost of products sold | -19,750a | -17,293a | -13,035a |
Operating expense | -20,025a | -20,087a | -17,700a |
Interest expense | -1,185a | -1,030a | -851a |
Amortization of other intangible assets | -580a | -885a | -767a |
Total expenses | -169,107a | -163,625a | -148,995a |
Income before income tax expense | 7,904a | 7,715a | 7,600a |
Income tax expense | -1,933a | -1,724a | -1,712a |
Net income | 5,971a | 5,991a | 5,888a |
Net loss (gain) attributable to noncontrolling interests | 9a | -4a | 6a |
Shareholders’ net income | 5,980a | 5,987a | 5,894a |
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