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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elevance Health's retained earnings for the quarter that ended in Jun. 2026 was MXN639,942 Mil.
Elevance Health's quarterly retained earnings
increased
from Dec. 2025 (MXN637,276 Mil) to Mar. 2026 (MXN645,499 Mil) but then
declined
from Mar. 2026 (MXN645,499 Mil) to Jun. 2026 (MXN639,942 Mil).
Elevance Health's annual retained earnings
increased
from Dec. 2023 (MXN538,915 Mil) to Dec. 2024 (MXN699,688 Mil) but then
declined
from Dec. 2024 (MXN699,688 Mil) to Dec. 2025 (MXN637,276 Mil).
Elevance Health (MEX:ELV) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Elevance Health Retained Earnings Historical Data
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The historical data trend for Elevance Health's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN639,942 Mil mean?
Elevance Health (MEX:ELV) has a Retained Earnings of MXN639,942 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Elevance Health and its competitors.
Is Elevance Health's Retained Earnings too high?
Elevance Health's current Retained Earnings is MXN639,942 Mil. Overall, Elevance Health has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elevance Health's Retained Earnings compare to CI and HUM?
Elevance Health's Retained Earnings of MXN639,942 Mil can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Healthcare Plans company?
A good Retained Earnings depends on the Healthcare Plans industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Elevance Health and its competitors. Elevance Health's current Retained Earnings is MXN639,942 Mil. 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 MXN8,375.95, compared to a current price of MXN6,449.00 — trading 23% below its estimated fair value. The current Retained Earnings is MXN639,942 Mil. Elevance Health's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Elevance Health (MEX:ELV), the current Retained Earnings is MXN639,942 Mil as of Jun. 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 MXN6,449.00 is trading 23% below its estimated GF Value™ of MXN8,375.95.
GuruFocus considers Elevance Health to be Modestly Undervalued.
Key valuation signals for MEX:ELV:
Retained Earnings: MXN639,942 Mil
GF Value™: MXN8,375.95 vs. price of MXN6,449.00 (23% below fair value)
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 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.
75GF Score
Get the complete analysis for MEX:ELV
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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