Elevance Health (ELV) 10-K Summary — Year Ended Dec 31, 2023
The filing provides an overview of the company's business, risk factors, and financial results for the reported period. Revenue increased compared to the prior year, while operating income, net income, and operating cash flow were reported at specific levels.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides an overview of the company's business, risk factors, and financial results for the reported period. Revenue increased compared to the prior year, while operating income, net income, and operating cash flow were reported at specific levels.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$171.3B
Revenue reported for the fiscal year.
Operating income
$8.5B
Income from operations reported for the year.
Net income
$6B
Net income reported for the year.
Operating cash flow
$8.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $138.6B | n/a |
| Dec 31, 2022 | $156.6B | +13.0% |
| Dec 31, 2023 | $171.3B | +9.4% |
Business overview
The filing's Business section (Item 1) describes the company's operations, but the supplied context does not include specific details. The company is identified as a health benefits organization based on its name and the nature of the filing.
Financial performance
Revenue increased over the past two reported periods. Operating income, net income, and operating cash flow were all reported for the current period.
Material risks
The filing's Risk Factors section (Item 1A) lists material risks, but the specific risks are not detailed in the supplied JSON. Readers should refer to the full filing for a complete list.
Liquidity and capital
The filing includes a discussion of liquidity and capital resources. The supplied context references this section but does not provide specific details on allocation or sources.
What to watch
Monitor the trend in revenue growth and any changes in operating margins as reported in the next filing.