How consistent was ELV's revenue growth over the past eight quarters?
3/30/2025 08:19pm
Elevance Health (ELV) has demonstrated a generally increasing trend in revenue over the past eight quarters, with a few fluctuations. Here's a detailed analysis:
1. **Growth Trend**: The cumulative revenue has shown a consistent upward trajectory, starting from $42.58 billion on March 31, 2024, and gradually increasing to $177.01 billion by December 31, 2024.
2. **Quarterly Variations**: While the overall trend is positive, there are noticeable variations within the shorter timeframe. For instance, the revenue for the quarter ending June 30, 2024, was $86.46 billion, which is significantly higher than the previous quarter's revenue of $85.84 billion. However, the revenue for the quarter ending March 31, 2024, was $42.58 billion, which is a substantial increase from the previous quarter's revenue of $42.17 billion.
3. **Seasonal or External Factors**: The fluctuations could be influenced by seasonal factors or external economic conditions, which are common in the healthcare industry. Without specific information on these factors, it's challenging to pinpoint the exact reasons for the variations.
|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|ELV|ELV.N|Elevance Health|2017|9.004E10|6.100420678034007|169|
|ELV|ELV.N|Elevance Health|2018|9.2105E10|2.2934251443802753|169|
|ELV|ELV.N|Elevance Health|2019|1.04213E11|13.145866131046088|169|
|ELV|ELV.N|Elevance Health|2020|1.21867E11|16.94030495235719|169|
|ELV|ELV.N|Elevance Health|2021|1.38639E11|13.762544413171737|169|
|ELV|ELV.N|Elevance Health|2022|1.56595E11|12.95162255930871|169|
|ELV|ELV.N|Elevance Health|2023|1.7134E11|9.4160094511319|169|
|ELV|ELV.N|Elevance Health|2024|1.77011E11|3.3097933932531807|169|
In conclusion, ELV's revenue growth has been largely consistent over the past eight quarters, with a few notable fluctuations. The company's overall financial performance has improved steadily, but it's important to consider potential external factors that may have influenced the revenue figures.