Anthem Inc.
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. It operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. The company offers a variety of health plans and services to individual, employer group risk-based and fee-based, BlueCard, Medicare, Medicaid, and FEP members; health products; a broad… Read more
Anthem Inc. (0HG8) - Net Assets
Latest net assets as of September 2025: $44.08 Billion USD
Based on the latest financial reports, Anthem Inc. (0HG8) has net assets worth $44.08 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($122.75 Billion) and total liabilities ($78.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $44.08 Billion |
| % of Total Assets | 35.91% |
| Annual Growth Rate | 13.06% |
| 5-Year Change | 24.78% |
| 10-Year Change | 79.77% |
| Growth Volatility | 51.35 |
Anthem Inc. - Net Assets Trend (1998–2024)
This chart illustrates how Anthem Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Anthem Inc. (1998–2024)
The table below shows the annual net assets of Anthem Inc. from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $41.43 Billion | +5.13% |
| 2023-12-31 | $39.41 Billion | +8.46% |
| 2022-12-31 | $36.33 Billion | +0.56% |
| 2021-12-31 | $36.13 Billion | +8.82% |
| 2020-12-31 | $33.20 Billion | +4.64% |
| 2019-12-31 | $31.73 Billion | +11.17% |
| 2018-12-31 | $28.54 Billion | +7.69% |
| 2017-12-31 | $26.50 Billion | +5.59% |
| 2016-12-31 | $25.10 Billion | +8.92% |
| 2015-12-31 | $23.04 Billion | -4.98% |
| 2014-12-31 | $24.25 Billion | -2.08% |
| 2013-12-31 | $24.77 Billion | +4.04% |
| 2012-12-31 | $23.80 Billion | +2.21% |
| 2011-12-31 | $23.29 Billion | -2.20% |
| 2010-12-31 | $23.81 Billion | -4.23% |
| 2009-12-31 | $24.86 Billion | +16.01% |
| 2008-12-31 | $21.43 Billion | -6.78% |
| 2007-12-31 | $22.99 Billion | -6.45% |
| 2006-12-31 | $24.58 Billion | -1.67% |
| 2005-12-31 | $24.99 Billion | +28.44% |
| 2004-12-31 | $19.46 Billion | +224.32% |
| 2003-12-31 | $6.00 Billion | +11.89% |
| 2002-12-31 | $5.36 Billion | +160.31% |
| 2001-12-31 | $2.06 Billion | +7.30% |
| 2000-12-31 | $1.92 Billion | +15.59% |
| 1999-12-31 | $1.66 Billion | -2.44% |
| 1998-12-31 | $1.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anthem Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3354900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $33.55 Billion | 81.20% |
| Common Stock | $2.00 Million | 0.00% |
| Other Comprehensive Income | $-1.15 Billion | -2.78% |
| Other Components | $8.91 Billion | 21.57% |
| Total Equity | $41.31 Billion | 100.00% |
Anthem Inc. Competitors by Market Cap
The table below lists competitors of Anthem Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norfolk Southern Corporation
NYSE:NSC
|
$65.13 Billion |
|
Nintendo Co. Ltd
PINK:NTDOF
|
$65.27 Billion |
|
National Grid plc
PINK:NGGTF
|
$65.35 Billion |
|
The Travelers Companies Inc
NYSE:TRV
|
$65.63 Billion |
|
Ross Stores Inc
NASDAQ:ROST
|
$64.93 Billion |
|
Cloudflare Inc
NYSE:NET
|
$64.91 Billion |
|
Singapore Telecommunications PK
PINK:SGAPY
|
$64.66 Billion |
|
DBS Group Holdings Ltd
PINK:DBSDF
|
$64.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anthem Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,306,000,000 to 41,315,000,000, a change of 2,009,000,000 (5.1%).
- Net income of 5,980,000,000 contributed positively to equity growth.
- Dividend payments of 1,508,000,000 reduced retained earnings.
- Share repurchases of 2,900,000,000 reduced equity.
- Other comprehensive income increased equity by 166,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.98 Billion | +14.47% |
| Dividends Paid | $1.51 Billion | -3.65% |
| Share Repurchases | $2.90 Billion | -7.02% |
| Other Comprehensive Income | $166.00 Million | +0.4% |
| Other Changes | $271.00 Million | +0.66% |
| Total Change | $- | 5.11% |
Book Value vs Market Value Analysis
This analysis compares Anthem Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 35.50x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $8.26 | $293.17 | x |
| 1999-12-31 | $8.06 | $293.17 | x |
| 2000-12-31 | $9.31 | $293.17 | x |
| 2001-12-31 | $9.93 | $293.17 | x |
| 2002-12-31 | $22.07 | $293.17 | x |
| 2003-12-31 | $21.15 | $293.17 | x |
| 2004-12-31 | $68.12 | $293.17 | x |
| 2005-12-31 | $39.97 | $293.17 | x |
| 2006-12-31 | $38.27 | $293.17 | x |
| 2007-12-31 | $38.19 | $293.17 | x |
| 2008-12-31 | $40.88 | $293.17 | x |
| 2009-12-31 | $51.46 | $293.17 | x |
| 2010-12-31 | $57.27 | $293.17 | x |
| 2011-12-31 | $63.79 | $293.17 | x |
| 2012-12-31 | $73.28 | $293.17 | x |
| 2013-12-31 | $81.52 | $293.17 | x |
| 2014-12-31 | $84.82 | $293.17 | x |
| 2015-12-31 | $84.44 | $293.17 | x |
| 2016-12-31 | $93.62 | $293.17 | x |
| 2017-12-31 | $98.97 | $293.17 | x |
| 2018-12-31 | $112.23 | $293.17 | x |
| 2019-12-31 | $121.89 | $293.17 | x |
| 2020-12-31 | $130.55 | $293.17 | x |
| 2021-12-31 | $146.11 | $293.17 | x |
| 2022-12-31 | $149.27 | $293.17 | x |
| 2023-12-31 | $165.57 | $293.17 | x |
| 2024-12-31 | $177.39 | $293.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anthem Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.38%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 2.83x
- Recent ROE (14.47%) is above the historical average (12.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 10.13% | 1.56% | 2.54x | 2.56x | $2.15 Million |
| 1999 | 2.70% | 0.36% | 2.56x | 2.90x | $-121.19 Million |
| 2000 | 11.77% | 1.31% | 3.03x | 2.97x | $34.02 Million |
| 2001 | 16.61% | 3.28% | 1.65x | 3.08x | $136.20 Million |
| 2002 | 10.24% | 4.14% | 1.07x | 2.32x | $12.87 Million |
| 2003 | 12.91% | 4.62% | 1.25x | 2.23x | $174.31 Million |
| 2004 | 4.93% | 4.61% | 0.52x | 2.04x | $-985.80 Million |
| 2005 | 9.86% | 5.46% | 0.88x | 2.06x | $-35.51 Million |
| 2006 | 12.59% | 5.43% | 1.11x | 2.10x | $637.32 Million |
| 2007 | 14.55% | 5.47% | 1.17x | 2.26x | $1.05 Billion |
| 2008 | 11.62% | 4.07% | 1.27x | 2.26x | $347.53 Million |
| 2009 | 19.09% | 7.30% | 1.25x | 2.10x | $2.26 Billion |
| 2010 | 12.12% | 4.92% | 1.17x | 2.11x | $505.84 Million |
| 2011 | 11.36% | 4.36% | 1.16x | 2.24x | $317.88 Million |
| 2012 | 11.16% | 4.32% | 1.04x | 2.48x | $275.23 Million |
| 2013 | 10.05% | 3.51% | 1.19x | 2.41x | $13.18 Million |
| 2014 | 10.60% | 3.48% | 1.20x | 2.54x | $144.57 Million |
| 2015 | 11.11% | 3.23% | 1.28x | 2.68x | $255.59 Million |
| 2016 | 9.84% | 2.91% | 1.30x | 2.59x | $-40.04 Million |
| 2017 | 14.50% | 4.27% | 1.28x | 2.66x | $1.19 Billion |
| 2018 | 13.14% | 4.07% | 1.29x | 2.51x | $895.90 Million |
| 2019 | 15.15% | 4.61% | 1.35x | 2.44x | $1.63 Billion |
| 2020 | 13.77% | 3.75% | 1.41x | 2.61x | $1.25 Billion |
| 2021 | 17.08% | 4.44% | 1.42x | 2.70x | $2.55 Billion |
| 2022 | 16.26% | 3.76% | 1.52x | 2.84x | $2.27 Billion |
| 2023 | 15.23% | 3.49% | 1.57x | 2.77x | $2.06 Billion |
| 2024 | 14.47% | 3.38% | 1.51x | 2.83x | $1.85 Billion |
Industry Comparison
This section compares Anthem Inc.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anthem Inc. (0HG8) | $44.08 Billion | 10.13% | 1.78x | $65.01 Billion |
| Nyfosa AB (0A0K) | $3.48 Billion | 34.90% | 2.92x | $966.63 Million |
| Tethys Oil AB (0A1V) | $56.23 Million | 21.07% | 0.01x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $11.29 Billion | 0.81% | 0.10x | $258.25 Million |
| Strategy Inc (0A7O) | $361.50 Million | 1.39% | 0.55x | $38.08 Billion |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $7.82 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $545.92 Million |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $277.14 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $74.17 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $-10.19 Million | 0.00% | 0.00x | $71.96 Million |
| Kalray S.A. (0ABT) | $39.07 Million | -59.55% | 1.26x | $33.84 Million |