Elevance Health, Inc. Interest Expense 2007-2024 | ELV
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Elevance Health, Inc.'s current interest expense?
Elevance Health, Inc. (ELV) annual interest expense for 2023 was $1.03B, a 21.03% increase from 2022. Elevance Health, Inc. interest expense for the quarter ending September 30, 2024 was $300.0M.
What was Elevance Health, Inc.'s interest expense in 2022?
Elevance Health, Inc. annual interest expense for 2022 was $851.0M, a 6.64% increase from 2021.
What was Elevance Health, Inc.'s interest expense in 2021?
Elevance Health, Inc. annual interest expense for 2021 was $798.0M, a 1.79% increase from 2020.
What is Elevance Health, Inc.'s 5-year interest expense CAGR?
Elevance Health, Inc. interest expense grew at a compound annual growth rate (CAGR) of 6.47% from FY2018 to FY2023, going from $753.0M to $1.03B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+6.5%
FY2018
$753.0M
→
FY2023
$1.03B
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.03B | +21.0% | 10-K |
| FY2022 | $851.0M | +6.6% | 10-K |
| FY2021 | $798.0M | +1.8% | 10-K |
| FY2020 | $784.0M | +5.1% | 10-K |
| FY2019 | $746.0M | -0.9% | 10-K |
| FY2018 | $753.0M | +1.9% | 10-K |
| FY2017 | $739.0M | +2.2% | 10-K |
| FY2016 | $723.0M | +10.7% | 10-K |
| FY2015 | $653.0M | +8.7% | 10-K |
| FY2014 | $600.7M | -0.3% | 10-K |
| FY2013 | $602.7M | +17.8% | 10-K |
| FY2012 | $511.8M | +18.9% | 10-K |
| FY2011 | $430.3M | +2.7% | 10-K |
| FY2010 | $418.9M | -6.4% | 10-K |
| FY2009 | $447.4M | -4.8% | 10-K |
| FY2008 | $469.8M | +4.9% | 10-K |
| FY2007 | $447.9M | - | 10-K |
Company: Elevance Health, Inc.Ticker: ELVSector: HealthcareIndustry: Hospital & Medical Service PlansView company profile →