Elevance Health's revenue per share for the
three
months ended in Mar. 2024 was $181.80.
Elevance Health's revenue per share for the trailing twelve months (TTM) ended in Mar. 2024 was $727.64.
Good Sign:
Elevance Health Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue Per Share Growth Rate of Elevance Health was 9.40% per year.
During the past 3 years, the average Revenue Per Share Growth Rate was 14.60% per year.
During the past 5 years, the average Revenue Per Share Growth Rate was 15.50% per year.
During the past 10 years, the average Revenue Per Share Growth Rate was 11.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.
The historical rank and industry rank for Elevance Health's Revenue per Share or its related term are showing as below:
ELV'
s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -11.1 Med: 12.4 Max: 18.3
Current: 14.6
During the past 13 years, Elevance Health's highest 3-Year average Revenue Per Share Growth Rate was 18.30% per year. The lowest was -11.10% per year. And the median was 12.40% per year.
ELV's 3-Year Revenue Growth Rate is ranked better than 57.89% of 19
companies
in the Healthcare Plans industry
Industry Median: 13.8
vs ELV: 14.60
Elevance Health Revenue per Share Historical Data
The historical data trend for Elevance Health's Revenue per Share 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.
For the Healthcare Plans subindustry, Elevance Health's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio Distribution
For the Healthcare Plans industry and Healthcare sector, Elevance Health's PS Ratio distribution charts can be found below:
* The bar in red indicates where Elevance Health's PS Ratio falls into.
Elevance Health Revenue per Share Calculation
Revenue per Share is the amount of Revenue per outstanding share of the company's stock.
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Elevance Health's Revenue Per Share for the fiscal year that ended in Dec. 2023 is calculated as
Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $727.64
* 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 (NYSE:ELV) Revenue per Share Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Elevance Health Revenue per Share Related Terms
Thank you for viewing the detailed overview of Elevance Health's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Elevance Health (Elevance Health) Business Description
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. 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 through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.
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