How does ELV's Q2 2024 performance compare to peers?
3/29/2025 02:34pm
Elevance Health Inc. (ELV) demonstrated a robust performance in Q2 2024 compared to its peers, Molina Healthcare (MOH), Healthequity (HQY), and Alignment Healthcare (ALHC), as evidenced by key financial metrics:
1. **Earnings Per Share (EPS)**:
- ELV's EPS was $9.85, which is significantly higher than Molina Healthcare's $5.17 and Alignment Healthcare's -$0.13. Healthequity's EPS was $0.33.
2. **Revenue**:
- ELV generated total revenue of $43.89 billion, substantially more than Molina Healthcare's $9.88 billion and Alignment Healthcare's $681.29 million. Healthequity reported revenue of $287.6 million.
3. **Return on Equity (ROE)**:
- ELV boasted an ROE of 11.16%, which is higher than Molina Healthcare's 13.29% and significantly better than Alignment Healthcare's -50.26%. Healthequity's ROE was 1.39%.
Overall, ELV's Q2 2024 performance showcases strong financial strength and operational efficiency compared to its industry peers.