Revenue
51.4 billion USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 51429000000 USD Source
Annual consolidated revenue for 2025: about USD 199.1B, using the latest reported figures. The previous period, 2024, was about USD 177B.
51.4 billion USD
2026 Q3 · USD
2.47%
2026 Q3 · %
1.27 billion USD
2026 Q3 · USD
1 billion USD
2026 Q3 · USD
10348000000 USD
30757000000 USD
216113946 shares
-2.67% · -5.92 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
202 billion USD
2025-10-01 – 2026-09-30
5.14 billion USD
2025-10-01 – 2026-09-30
7.6 billion USD
2025-10-01 – 2026-09-30
1.08 billion USD
2025-10-01 – 2026-09-30
6.51 billion USD
2025-10-01 – 2026-09-30
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-21.
Financial data available through: 2025-12-31.
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Prior period
USD 177.01 billion
–
Current period
USD 199.13 billion
–
199125000000 − 177011000000 = 22114000000 USD
177011000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source199125000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
USD 5.98 billion
–
Current period
USD 5.66 billion
–
5662000000 − 5980000000 = -318000000 USD
5980000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source5662000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
USD 5.81 billion
–
Current period
USD 4.29 billion
–
4290000000 − 5808000000 = -1518000000 USD
5808000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source4290000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
Prior period
USD 1.26 billion
–
Current period
USD 1.12 billion
–
1116000000 − 1256000000 = -140000000 USD
1256000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source1116000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceThe citation records this snapshot. The page link may show a newer release later.
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 84863000000 | 80062000000 Derived | 4801000000 | 2331000000 Derived | 2470000000 | 2686000000 Derived | Source
|
| 2017 2017-01-01 – 2017-12-31 | 90040000000 | 85865000000 Derived | 4175000000 | 332000000 Derived | 3843000000 | 3394000000 Derived | Source
|
| 2018 2018-01-01 – 2018-12-31 | 92105000000 | 86679000000 Derived | 5426000000 | 1676000000 Derived | 3750000000 | 2619000000 Derived | Source
|
| 2019 2019-01-01 – 2019-12-31 | 104213000000 | 98214000000 Derived | 5999000000 | 1192000000 Derived | 4807000000 | 4984000000 Derived | Source
|
| 2020 2020-01-01 – 2020-12-31 | 121867000000 | 115507000000 Derived | 6360000000 | 1788000000 Derived | 4572000000 | 9667000000 Derived | Source
|
| 2021 2021-01-01 – 2021-12-31 | 138639000000 | 131080000000 Derived | 7559000000 | 1401000000 Derived | 6158000000 | 7277000000 Derived | Source
|
| 2022 2022-01-01 – 2022-12-31 | 156595000000 | 148312000000 Derived | 8283000000 | 2389000000 Derived | 5894000000 | 7247000000 Derived | Source
|
| 2023 2023-01-01 – 2023-12-31 | 171340000000 | 162841000000 Derived | 8499000000 | 2512000000 Derived | 5987000000 | 6765000000 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 177011000000 | 169149000000 Derived | 7862000000 | 1882000000 Derived | 5980000000 | 4552000000 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 199125000000 | 191926000000 Derived | 7199000000 | 1537000000 Derived | 5662000000 | 3174000000 Derived | Source
|
Amounts are exact, in USD.
Sales over time and how quickly they are changing.
Revenue reported for each complete financial period.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 84863000000 |
|
| 2017 | Revenue | 90040000000 |
|
| 2018 | Revenue | 92105000000 |
|
| 2019 | Revenue | 104213000000 |
|
| 2020 | Revenue | 121867000000 |
|
| 2021 | Revenue | 138639000000 |
|
| 2022 | Revenue | 156595000000 |
|
| 2023 | Revenue | 171340000000 |
|
| 2024 | Revenue | 177011000000 |
|
| 2025 | Revenue | 199125000000 |
|
Change in revenue from the same financial period one year earlier.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | 7.2% |
|
| 2017 | Year over year | 6.1% |
|
| 2018 | Year over year | 2.3% |
|
| 2019 | Year over year | 13.1% |
|
| 2020 | Year over year | 16.9% |
|
| 2021 | Year over year | 13.8% |
|
| 2022 | Year over year | 13% |
|
| 2023 | Year over year | 9.4% |
|
| 2024 | Year over year | 3.3% |
|
| 2025 | Year over year | 12.5% |
|
How much revenue becomes profit, and how much cash operations generate.
Operating income, net income and free cash flow as a share of revenue.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | 5.7% |
|
| 2017 | Operating margin | 4.6% |
|
| 2018 | Operating margin | 5.9% |
|
| 2019 | Operating margin | 5.8% |
|
| 2020 | Operating margin | 5.2% |
|
| 2021 | Operating margin | 5.5% |
|
| 2022 | Operating margin | 5.3% |
|
| 2023 | Operating margin | 5% |
|
| 2024 | Operating margin | 4.4% |
|
| 2025 | Operating margin | 3.6% |
|
| 2016 | Net margin | 2.9% |
|
| 2017 | Net margin | 4.3% |
|
| 2018 | Net margin | 4.1% |
|
| 2019 | Net margin | 4.6% |
|
| 2020 | Net margin | 3.8% |
|
| 2021 | Net margin | 4.4% |
|
| 2022 | Net margin | 3.8% |
|
| 2023 | Net margin | 3.5% |
|
| 2024 | Net margin | 3.4% |
|
| 2025 | Net margin | 2.8% |
|
| 2016 | Free cash flow margin | 3.2% |
|
| 2017 | Free cash flow margin | 3.8% |
|
| 2018 | Free cash flow margin | 2.8% |
|
| 2019 | Free cash flow margin | 4.8% |
|
| 2020 | Free cash flow margin | 7.9% |
|
| 2021 | Free cash flow margin | 5.2% |
|
| 2022 | Free cash flow margin | 4.6% |
|
| 2023 | Free cash flow margin | 3.9% |
|
| 2024 | Free cash flow margin | 2.6% |
|
| 2025 | Free cash flow margin | 1.6% |
|
Cash generated by the company’s normal business operations.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 3270000000 |
|
| 2017 | Operating cash flow | 4185000000 |
|
| 2018 | Operating cash flow | 3827000000 |
|
| 2019 | Operating cash flow | 6061000000 |
|
| 2020 | Operating cash flow | 10688000000 |
|
| 2021 | Operating cash flow | 8364000000 |
|
| 2022 | Operating cash flow | 8399000000 |
|
| 2023 | Operating cash flow | 8061000000 |
|
| 2024 | Operating cash flow | 5808000000 |
|
| 2025 | Operating cash flow | 4290000000 |
|
Operating cash flow minus capital expenditure for the same period and unit.
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | 2686000000 |
|
| 2017 | Free cash flow | 3394000000 |
|
| 2018 | Free cash flow | 2619000000 |
|
| 2019 | Free cash flow | 4984000000 |
|
| 2020 | Free cash flow | 9667000000 |
|
| 2021 | Free cash flow | 7277000000 |
|
| 2022 | Free cash flow | 7247000000 |
|
| 2023 | Free cash flow | 6765000000 |
|
| 2024 | Free cash flow | 4552000000 |
|
| 2025 | Free cash flow | 3174000000 |
|
Liabilities and short-term ability to meet obligations at each period end.
Total liabilities as a share of total assets.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Liabilities / assets | 61.4% |
|
| 2017 | Liabilities / assets | 62.4% |
|
| 2018 | Liabilities / assets | 60.1% |
|
| 2019 | Liabilities / assets | 59% |
|
| 2020 | Liabilities / assets | 61.7% |
|
| 2021 | Liabilities / assets | 62.9% |
|
| 2022 | Liabilities / assets | 64.6% |
|
| 2023 | Liabilities / assets | 63.8% |
|
| 2024 | Liabilities / assets | 64.6% |
|
| 2025 | Liabilities / assets | 63.8% |
|
Current assets divided by current liabilities.
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 1.61× |
|
| 2017 | Current assets / current liabilities | 1.55× |
|
| 2018 | Current assets / current liabilities | 1.56× |
|
| 2019 | Current assets / current liabilities | 1.66× |
|
| 2020 | Current assets / current liabilities | 1.55× |
|
| 2021 | Current assets / current liabilities | 1.47× |
|
| 2022 | Current assets / current liabilities | 1.4× |
|
| 2023 | Current assets / current liabilities | 1.44× |
|
| 2024 | Current assets / current liabilities | 1.45× |
|
| 2025 | Current assets / current liabilities | 1.54× |
|
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | USD 2.47 billion Exact valueExact value: 2470000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.27 billion Exact valueExact value: 3270000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 584 million Exact valueExact value: 584000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.69 billion Calculation and evidence3270000000 − 584000000 USD Exact free cash flow: 2686000000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2017 2017-01-01 – 2017-12-31 | USD 3.84 billion Exact valueExact value: 3843000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.19 billion Exact valueExact value: 4185000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 791 million Exact valueExact value: 791000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.39 billion Calculation and evidence4185000000 − 791000000 USD Exact free cash flow: 3394000000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2018 2018-01-01 – 2018-12-31 | USD 3.75 billion Exact valueExact value: 3750000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.83 billion Exact valueExact value: 3827000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.21 billion Exact valueExact value: 1208000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.62 billion Calculation and evidence3827000000 − 1208000000 USD Exact free cash flow: 2619000000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2019 2019-01-01 – 2019-12-31 | USD 4.81 billion Exact valueExact value: 4807000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 6.06 billion Exact valueExact value: 6061000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.08 billion Exact valueExact value: 1077000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.98 billion Calculation and evidence6061000000 − 1077000000 USD Exact free cash flow: 4984000000 USD
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| 2020 2020-01-01 – 2020-12-31 | USD 4.57 billion Exact valueExact value: 4572000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.69 billion Exact valueExact value: 10688000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.02 billion Exact valueExact value: 1021000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.67 billion Calculation and evidence10688000000 − 1021000000 USD Exact free cash flow: 9667000000 USD
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| 2021 2021-01-01 – 2021-12-31 | USD 6.16 billion Exact valueExact value: 6158000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.36 billion Exact valueExact value: 8364000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.09 billion Exact valueExact value: 1087000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.28 billion Calculation and evidence8364000000 − 1087000000 USD Exact free cash flow: 7277000000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2022 2022-01-01 – 2022-12-31 | USD 5.89 billion Exact valueExact value: 5894000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.4 billion Exact valueExact value: 8399000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.15 billion Exact valueExact value: 1152000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.25 billion Calculation and evidence8399000000 − 1152000000 USD Exact free cash flow: 7247000000 USD
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| 2023 2023-01-01 – 2023-12-31 | USD 5.99 billion Exact valueExact value: 5987000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 8.06 billion Exact valueExact value: 8061000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.3 billion Exact valueExact value: 1296000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 6.77 billion Calculation and evidence8061000000 − 1296000000 USD Exact free cash flow: 6765000000 USD
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| 2024 2024-01-01 – 2024-12-31 | USD 5.98 billion Exact valueExact value: 5980000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.81 billion Exact valueExact value: 5808000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.26 billion Exact valueExact value: 1256000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.55 billion Calculation and evidence5808000000 − 1256000000 USD Exact free cash flow: 4552000000 USD
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| 2025 2025-01-01 – 2025-12-31 | USD 5.66 billion Exact valueExact value: 5662000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.29 billion Exact valueExact value: 4290000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.12 billion Exact valueExact value: 1116000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.17 billion Calculation and evidence4290000000 − 1116000000 USD Exact free cash flow: 3174000000 USD
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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
279 filings · 8,143 latest values · 8,143 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001156039, 1156039, ANTM, ELV, WLP, edgar:1156039
Also known as ANTHEM INC, ANTHEM, INC., Anthem, Inc., ELEVANCE HEALTH, INC., Elevance Health, Inc., WELLPOINT INC, WELLPOINT, INC, WellPoint, Inc.