ELV Latest Report

Financial Performance

Elevance Health's total operating revenue was US$45.44 billion as of December 31, 2024, up 6.56% from US$42.647 billion as of December 31, 2023. This growth indicates strong performance in sales and market expansion, attracting more customers and driving business development.

Key Financial Data

1. Elevance Health's revenue in the 2024 mid-year report was US$86.463 billion, up 0.72% year-on-year, showing a certain stability.

2. Net profit was US$4.55 billion, with a basic earnings per share of US$19.56, indicating healthy profitability.

3. The number of medical members exceeded 46 million, reflecting the company's wide coverage in healthcare services.

4. Overall revenue in the industry generally increased, reflecting the rise in market demand.

Peer Comparison

1. Industry-wide analysis: The health insurance industry has experienced significant changes in the past year, with overall revenue generally rising as people place more emphasis on health protection. Competition has intensified, with companies competing for market share by offering more attractive products and services.

2. Peer evaluation analysis: Elevance Health's total operating revenue growth rate (6.56%) performed well in the industry, demonstrating its competitiveness in the market and customer appeal, especially in the context of rising market demand, maintaining such a growth rate is a testament to the company's management and market strategy.

Summary

Elevance Health's total operating revenue and customer growth indicate strong market competitiveness in the health insurance industry. Despite the overall favorable market environment, the company faces pressure in its Medicaid business, which may require a reevaluation of its market strategy to adapt to changing market demand.

Opportunities

1. With the continued growth of health insurance market demand, the company can further expand its product line to attract more customers.

2. Through merger and acquisition activities, Elevance Health can enhance its market share and customer base, driving revenue growth.

3. The company's diversified services can meet the needs of different customers, helping to enhance customer loyalty and revenue stability.

Risks

1. Intensified industry competition may lead to price wars, affecting profit margins.

2. The Medicaid business faces pressure, which may affect the company's overall profit expectations.

3. Failure to adjust market strategies in a timely manner may miss market opportunities.

Through the analysis of Elevance Health's financial performance and market environment, it can be seen that the company's competitiveness and potential development opportunities in the industry, while also needing to pay attention to the risks it may face to formulate more effective market strategies.