Elevance Health (MEX:ELV) Tax Rate %: 24.94% (As of Jun. 2026)

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MEX:ELV Elevance Health Inc MEX:ELV
75 GF Score
Price MXN6,449.00
GF Value MXN8,358.85
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Elevance Health Tax Rate %?

Elevance Health MEX:ELV 75 Tax Rate % is 24.94% as of Jun. 2026. GuruFocus rates MEX:ELV with a GF Score™ of 75/100 and a GF Value™ of MXN8,358.85 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elevance Health's Tax Expense for the three months ended in Jun. 2026 was MXN8,428 Mil. Elevance Health's Pre-Tax Income for the three months ended in Jun. 2026 was MXN33,799 Mil. Therefore, Elevance Health's Tax Rate % for the quarter that ended in Jun. 2026 was 24.94%.


Elevance Health Tax Rate % Related Terms


Elevance Health Tax Rate % Historical Data

* Premium members only.

The historical data trend for Elevance Health's Tax Rate % 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 Tax Rate % Chart

Elevance Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.09 22.53 22.35 24.46 15.63

Elevance Health Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 23.91 15.58 -153.95 23.61 24.94
MEX:ELV
75GF Score
Elevance Health Inc MEX:ELV
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elevance Health Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Elevance Health's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=18887.979/120818.247
=15.63 %

Elevance Health's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=8427.867/33798.713
=24.94 %

* 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 Tax Rate % →
What does a Tax Rate % of 24.94% mean?
Elevance Health (MEX:ELV) has a Tax Rate % of 24.94% as of Jun. 2026.
Is Elevance Health's Tax Rate % too high?
Elevance Health's current Tax Rate % is 24.94%. 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 Tax Rate % compare to CI and HUM?
Elevance Health's Tax Rate % of 24.94% 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 Tax Rate % for a Healthcare Plans company?
A good Tax Rate % depends on the Healthcare Plans industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Elevance Health's current Tax Rate % is 24.94%. 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 MXN8,358.85, compared to a current price of MXN6,449.00 — trading 22.8% below its estimated fair value. The current Tax Rate % is 24.94%. Elevance Health's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Elevance Health (MEX:ELV), the current Tax Rate % is 24.94% 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 22.8% below its estimated GF Value™ of MXN8,358.85. GuruFocus considers Elevance Health to be Modestly Undervalued.

Key valuation signals for MEX:ELV:

  • Tax Rate %: 24.94%
  • GF Value™: MXN8,358.85 vs. price of MXN6,449.00 (22.8% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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.
75GF Score

Get the complete analysis for MEX:ELV

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN6,449.00
Price
MXN8,358.85
GF Value