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). Read Elevance Health Inc (ELV) financial obligations for a breakdown of total debt and financial obligations.

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. Explore ELV capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

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

Year-by-year Free Cash Flow Generation Index for Elevance Health Inc. For the full company profile including market capitalisation, see ELV market cap.

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).