With a market cap of $86.9 billion, Elevance Health, Inc. (ELV) is a leading health benefits company that provides comprehensive health plans, pharmacy services, and healthcare solutions across the United States. Operating under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands, it supports individuals and communities in leading healthier lives.
Shares of the health insurer have outperformed the broader market over the past 52 weeks. ELV stock has increased 27.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 18.3%. Moreover, the stock has risen 15.3% on a YTD basis, compared to SPX's 11.8% YTD rise.