Elevance Health Inc (ELV) — Free Cash Flow Generation Index

Latest as of March 2026: 0.95x

Elevance Health Inc (ELV) has a Free Cash Flow Generation Index of 0.95x as of March 2026. Free cash flow of $4.10 Billion represents 1% of operating cash flow ($4.33 Billion). Explore Elevance Health Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.95x
Free Cash Flow / Operating CF

Free Cash Flow

$4.10 Billion
USD

Operating Cash Flow

$4.33 Billion
USD

Capital Expenditures

$235.00 Million
USD

Elevance Health Inc Free Cash Flow Generation Index (2000–2025)

Historical FCF Generation Index trend for Elevance Health Inc across 26 annual periods. For the full cash flow conversion analysis, see Elevance Health Inc cash conversion from operations.

Annual Free Cash Flow Generation for Elevance Health Inc (2000–2025)

Year-by-year Free Cash Flow Generation Index for Elevance Health Inc. Check total reinvestment intensity of Elevance Health Inc to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.74x $3.17 Billion $4.29 Billion $1.12 Billion ▼ -5.6%
2024 0.78x $4.55 Billion $5.81 Billion $1.26 Billion ▼ -6.6%
2023 0.84x $6.76 Billion $8.06 Billion $1.30 Billion ▼ -2.7%
2022 0.86x $7.25 Billion $8.40 Billion $1.15 Billion ▼ -0.8%
2021 0.87x $7.28 Billion $8.36 Billion $1.09 Billion ▼ -3.8%
2020 0.90x $9.67 Billion $10.69 Billion $1.02 Billion ▲ +10.0%
2019 0.82x $4.98 Billion $6.06 Billion $1.08 Billion ▲ +20.2%
2018 0.68x $2.62 Billion $3.83 Billion $1.21 Billion ▼ -15.6%
2017 0.81x $3.39 Billion $4.18 Billion $790.20 Million ▼ -0.8%
2016 0.82x $2.62 Billion $3.20 Billion $583.60 Million ▼ -4.2%
2015 0.85x $3.51 Billion $4.12 Billion $602.90 Million ▲ +4.9%
2014 0.81x $2.74 Billion $3.37 Billion $626.60 Million ▲ +1.6%
2013 0.80x $2.44 Billion $3.05 Billion $607.30 Million ▼ -0.1%
2012 0.80x $2.20 Billion $2.74 Billion $544.90 Million ▼ -5.3%
2011 0.85x $2.85 Billion $3.37 Billion $519.50 Million ▲ +24.2%
2010 0.68x $965.30 Million $1.42 Billion $451.40 Million ▼ -22.2%
2009 0.88x $2.66 Billion $3.04 Billion $378.40 Million ▲ +1.4%
2008 0.86x $2.19 Billion $2.54 Billion $345.60 Million ▼ -6.7%
2007 0.93x $4.02 Billion $4.34 Billion $322.00 Million ▼ -2.7%
2006 0.95x $3.85 Billion $4.04 Billion $193.90 Million ▲ +0.2%
2005 0.95x $3.09 Billion $3.26 Billion $161.80 Million ▲ +6.2%
2004 0.90x $1.17 Billion $1.30 Billion $136.80 Million ▼ -0.9%
2003 0.90x $1.03 Billion $1.14 Billion $110.70 Million ▲ +3.2%
2002 0.88x $867.80 Million $991.10 Million $123.30 Million ▼ -1.9%
2001 0.89x $584.20 Million $654.60 Million $70.40 Million ▼ -19.4%
2000 1.11x $757.80 Million $684.50 Million $73.30 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).