Elevance Health (MEX:ELV) Dividend Payout Ratio: 0.14 (As of Mar. 2026) — 22% Below Median


MEX:ELV Elevance Health Inc MEX:ELV
71 GF Score
Price MXN7,144.06
GF Value MXN8,687.10
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Elevance Health Dividend Payout Ratio?

Elevance Health MEX:ELV 71 Dividend Payout Ratio is 0.14 as of Mar. 2026, which is 22% below its 10-year median of 0.18. GuruFocus rates MEX:ELV with a GF Score™ of 71/100 and a GF Value™ of MXN8,687.10 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 9 Healthcare Plans companies, Elevance Health ranks better than 66.67% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Elevance Health's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.14.

The historical rank and industry rank for Elevance Health's Dividend Payout Ratio or its related term are showing as below:

MEX:ELV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.18   Max: 0.24
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Elevance Health was 0.24. The lowest was 0.17. And the median was 0.18.

MEX:ELV's Dividend Payout Ratio is ranked better than
66.67% of 9 companies
in the Healthcare Plans industry
Industry Median: 0.31 vs MEX:ELV: 0.22

As of today (2026-07-05), the Dividend Yield % of Elevance Health is 1.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Elevance Health was 2.43%. The lowest was 0.90%. And the median was 1.19%.

Elevance Health's Dividends per Share for the months ended in Mar. 2026 was MXN31.02.

During the past 12 months, Elevance Health's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elevance Health was 29.50% per year. The lowest was 6.30% per year. And the median was 15.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Elevance Health (MEX:ELV) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Elevance Health Dividend Payout Ratio Related Terms

Elevance Health Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Elevance Health's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elevance Health Dividend Payout Ratio Chart

Elevance Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.18 0.18 0.20 0.23

Elevance Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.19 0.28 0.51 0.14

MEX:ELV vs CI, HUM, CVS: Dividend Payout Ratio Comparison

For the Healthcare Plans subindustry, Elevance Health's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elevance Health Dividend Payout Ratio vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Elevance Health's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Elevance Health's Dividend Payout Ratio falls into.


MEX:ELV
71GF Score
Elevance Health Inc MEX:ELV
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elevance Health Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Elevance Health's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=123.159/ 545.393
=0.23

Elevance Health's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=31.016/ 226.851
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.14 mean?
Elevance Health (MEX:ELV) has a Dividend Payout Ratio of 0.14 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Elevance Health and its competitors. This is 22% below median its historical median of 0.18. Over the past decade, Elevance Health's Dividend Payout Ratio has ranged from 0.17 to 0.24. According to the industry distribution chart, Elevance Health ranks #3 out of 9 companies in the Healthcare Plans industry, placing it in the top 33.3%.
Is Elevance Health's Dividend Payout Ratio too high?
Elevance Health's current Dividend Payout Ratio of 0.14 is 22% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.24. The Healthcare Plans industry median Dividend Payout Ratio is 0.31. Elevance Health's value of 0.14 is 54.8% below this industry median. Based on the distribution chart, Elevance Health ranks #3 out of 9 companies in the Healthcare Plans industry, which is above the industry midpoint. Overall, Elevance Health has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elevance Health's Dividend Payout Ratio compare to CI and HUM?
According to the Healthcare Plans industry distribution chart, Elevance Health ranks #3 out of 9 companies for Dividend Payout Ratio. This puts Elevance Health in the upper half of its industry. The industry median Dividend Payout Ratio is 0.31. Elevance Health's value of 0.14 is 54.8% below this benchmark. Historically, Elevance Health's own Dividend Payout Ratio has ranged from 0.17 to 0.24 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.31, Elevance Health has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Healthcare Plans company?
The median Dividend Payout Ratio among Healthcare Plans companies is 0.31, based on 9 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elevance Health's current Dividend Payout Ratio of 0.14 is 54.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Elevance Health and its competitors. For the Healthcare Plans industry, the median Dividend Payout Ratio is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevance Health's current Dividend Payout Ratio is 0.14, which is 22% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevance Health stock overvalued right now?
Based on GuruFocus' analysis, Elevance Health (MEX:ELV) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,687.10, compared to a current price of MXN7,144.06 — trading 17.8% below its estimated fair value. The current Dividend Payout Ratio is 0.14, which is 22% below median its 10-year median of 0.18 and 54.8% below the Healthcare Plans industry median of 0.31. Elevance Health's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Elevance Health (MEX:ELV), the current Dividend Payout Ratio is 0.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elevance Health (MEX:ELV) Overvalued in 2026?

Based on GuruFocus' analysis, Elevance Health stock appears to be undervalued. The current stock price of MXN7,144.06 is trading 17.8% below its estimated GF Value™ of MXN8,687.10. GuruFocus considers Elevance Health to be Modestly Undervalued.

Key valuation signals for MEX:ELV:

  • Dividend Payout Ratio: 0.14 (22% below median its 10-year median of 0.18)
  • GF Value™: MXN8,687.10 vs. price of MXN7,144.06 (17.8% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 54.8% below the Healthcare Plans median (#3 of 9)

No single metric tells the full story. See the MEX:ELV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elevance Health Business Description

Address 220 Virginia Avenue, Indianapolis, IN, USA, 46204
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states in government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
71GF Score

Get the complete analysis for MEX:ELV

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN7,144.06
Price
MXN8,687.10
GF Value