How did Elevance Health's revenue and expenses trend in Q4 2024?
4/14/2025 11:18am
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Elevance Health's revenue and expenses in Q4 2024 showed a slight increase in revenue and a notable rise in operating expenses, with costs amounting to $6.01 billion1:
Revenue Trend: The company's revenue by segment reached $175.2 billion, up from the previous quarter's $144.17 billion, indicating a strong revenue growth.
Expense Trend: The operating expenses increased to $6.01 billion, which is a significant rise from the previous quarter's $439.81 million. This suggests that Elevance Health has been investing more in operations.
Segment Analysis: The revenue by segment shows that the "Operating" segment contributed the most to the overall revenue, followed by "Premiums" and "Product". The "Service fees" and "Net Investment Income" segments also contributed positively, although with lower revenue figures compared to the others.
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ELV Revenue By Business
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ELV Revenue by Business, Cost of Revenue, Operating Expenses in Q4 2024