Elevance Free Cash Flow Yield from 2010 to 2024

ELV Stock  USD 402.75  0.79  0.20%   
Elevance Health Free Cash Flow Yield yearly trend continues to be fairly stable with very little volatility. Free Cash Flow Yield is likely to outpace its year average in 2024. Free Cash Flow Yield is a financial solvency ratio that compares the free cash flow per share Elevance Health is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. View All Fundamentals
 
Free Cash Flow Yield  
First Reported
2010-12-31
Previous Quarter
0.06155204
Current Value
0.0914
Quarterly Volatility
0.02706276
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 179.9 B or Gross Profit of 161.7 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
  
Check out the analysis of Elevance Health Correlation against competitors.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

Latest Elevance Health's Free Cash Flow Yield Growth Pattern

Below is the plot of the Free Cash Flow Yield of Elevance Health over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Elevance Health's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevance Health's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow Yield10 Years Trend
Slightly volatile
   Free Cash Flow Yield   
       Timeline  

Elevance Free Cash Flow Yield Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.08
Coefficient Of Variation32.33
Mean Deviation0.02
Median0.08
Standard Deviation0.03
Sample Variance0.0007
Range0.0878
R-Value(0.55)
Mean Square Error0.0006
R-Squared0.30
Significance0.03
Slope(0)
Total Sum of Squares0.01

Elevance Free Cash Flow Yield History

2024 0.0914
2023 0.0616
2021 0.0644
2019 0.0646
2018 0.0392
2017 0.0589
2016 0.0691

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Free Cash Flow Yield, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow Yield 0.06  0.09 

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Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.