Stock Analysis on Net
Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Elevance Health Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents 10,232 9,657 9,491 8,713 8,560 7,500 8,288 7,866 6,497 6,226 6,526 10,919 9,991 10,142 7,387 8,872 6,456 6,161 4,880 5,490 5,258 9,326
Fixed maturity securities 25,719 25,905 25,884 26,283 25,298 25,437 25,201 28,954 28,900 29,530 29,614 27,811 28,021 27,636 25,952 25,526 25,765 26,219 26,267 26,348 25,848 24,555
Equity securities 1,563 1,511 740 1,220 934 715 1,192 1,113 594 511 229 165 272 392 953 1,503 1,572 1,662 1,881 2,119 1,746 3,630
Premium receivables, net 10,991 11,525 10,073 9,535 10,465 10,359 8,011 7,209 8,040 8,931 7,902 7,883 7,431 8,246 7,083 6,682 6,757 7,349 5,681 6,008 5,834 6,111
Self-funded receivables, net 5,583 5,098 5,162 5,122 5,454 5,246 5,044 5,135 5,297 4,242 4,558 3,756 3,896 3,786 4,663 3,873 3,844 3,979 4,010 3,349 3,605 3,109
Other receivables 6,818 6,167 6,307 7,692 7,206 6,576 6,016 6,055 5,881 5,120 5,405 5,293 5,196 4,678 4,298 3,651 3,600 3,334 3,749 3,450 3,246 3,071
Other current assets 6,278 7,169 5,344 5,213 5,407 5,288 4,700 5,949 6,464 6,388 5,795 5,358 4,936 4,943 5,281 5,496 5,661 5,193 4,654 5,140 4,701 4,693
Assets held for sale 490 565 601
Current assets 67,184 67,032 63,001 63,778 63,324 61,121 58,942 62,846 62,274 60,948 60,029 61,185 59,743 59,823 55,617 55,603 53,655 53,897 51,122 51,904 50,238 54,495
Fixed maturity securities 1,259 1,114 1,121 1,111 1,087 1,060 1,035 893 849 880 876 816 775 783 752 622 603 596 632 625 581 558
Other invested assets 11,130 11,009 10,839 10,648 10,466 10,167 9,749 9,394 6,810 6,713 6,107 6,118 5,993 5,971 5,685 5,516 5,398 5,365 5,225 4,959 4,917 4,474
Long-term investments 12,389 12,123 11,960 11,759 11,553 11,227 10,784 10,287 7,659 7,593 6,983 6,934 6,768 6,754 6,437 6,138 6,001 5,961 5,857 5,584 5,498 5,032
Property and equipment, net 4,645 4,657 4,679 4,657 4,641 4,617 4,652 4,505 4,450 4,451 4,359 4,248 4,547 4,418 4,316 4,197 4,090 3,986 3,919 3,835 3,733 3,533
Goodwill 28,339 28,340 28,344 28,451 28,368 28,420 28,277 25,967 25,962 25,947 25,317 25,291 25,274 25,273 24,383 24,381 24,367 24,251 24,228 24,184 24,399 21,708
Other intangible assets 10,983 11,093 11,200 11,327 11,490 11,940 12,094 10,325 10,447 10,710 10,273 10,491 10,703 10,915 10,315 10,536 10,762 10,588 10,615 10,749 10,540 9,352
Other noncurrent assets 2,898 2,582 2,310 2,777 2,562 2,392 2,140 2,603 2,196 2,245 1,967 2,329 2,133 1,857 1,704 2,171 2,002 1,803 1,719 1,804 1,689 1,563
Noncurrent assets 59,254 58,795 58,493 58,971 58,614 58,596 57,947 53,687 50,714 50,946 48,899 49,293 49,425 49,217 47,155 47,423 47,222 46,589 46,338 46,156 45,859 41,188
Total assets 126,438 125,827 121,494 122,749 121,938 119,717 116,889 116,533 112,988 111,894 108,928 110,478 109,168 109,040 102,772 103,026 100,877 100,486 97,460 98,060 96,097 95,683

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


Total assets exhibit a consistent long-term growth trajectory, increasing from 95,683 million USD in March 2021 to 126,438 million USD by June 2026. This overall expansion is driven by simultaneous growth in both current and noncurrent asset categories, reflecting a broader expansion of the company's balance sheet over the five-year period.

Current Asset Dynamics
Current assets grew from 54,495 million USD to 67,184 million USD. A significant driver of this increase is the growth in receivables. Premium receivables, net, nearly doubled from 6,111 million USD in March 2021 to 10,991 million USD in June 2026. Similarly, self-funded receivables and other receivables showed steady upward trends, indicating an increase in the volume of business operations and associated credit balances.
Cash and cash equivalents remained volatile, peaking at 10,919 million USD in September 2023 before stabilizing in the 8,000 to 10,000 million USD range toward the end of the period. Fixed maturity securities within current assets remained relatively stable, generally fluctuating between 24,000 million USD and 29,000 million USD.
Noncurrent Asset Expansion
Noncurrent assets increased from 41,188 million USD to 59,254 million USD. This growth is heavily influenced by increases in goodwill and strategic investments. Goodwill rose from 21,708 million USD to 28,339 million USD, with a notable acceleration in value observed between December 2024 and March 2025, suggesting significant acquisition activity.
Long-term investments more than doubled, moving from 5,032 million USD in March 2021 to 12,389 million USD in June 2026. Other invested assets also saw a substantial rise, climbing from 4,474 million USD to 11,130 million USD, indicating a strategic shift toward higher long-term asset allocation.
Investment Portfolio Shifts
A marked transition occurred within the equity securities portfolio. These assets declined sharply from a peak of 3,630 million USD in March 2021 to a low of 165 million USD in September 2023. While there was a subsequent recovery to 1,563 million USD by June 2026, the portfolio remained significantly smaller than its 2021 levels, suggesting a strategic reallocation of capital away from liquid equity holdings into other investment vehicles.

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Assets: Selected Items


Current Assets: Selected Items