Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

듀퐁 분석: ROE, ROA및 순이익률의 세분화 
분기별 데이터

Microsoft Excel

ROE 두 가지 구성 요소로 세분화

Elevance Health Inc., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = ROA × 재무 레버리지 비율
2026. 6. 30. 11.06% = 3.93% × 2.82
2026. 3. 31. 11.94% = 4.17% × 2.87
2025. 12. 31. 12.90% = 4.66% × 2.77
2025. 9. 30. 12.59% = 4.51% × 2.79
2025. 6. 30. 12.26% = 4.40% × 2.79
2025. 3. 31. 13.92% = 4.94% × 2.82
2024. 12. 31. 14.47% = 5.12% × 2.83
2024. 9. 30. 14.66% = 5.51% × 2.66
2024. 6. 30. 15.86% = 5.92% × 2.68
2024. 3. 31. 15.38% = 5.58% × 2.76
2023. 12. 31. 15.23% = 5.50% × 2.77
2023. 9. 30. 15.82% = 5.50% × 2.88
2023. 6. 30. 16.78% = 5.87% × 2.86
2023. 3. 31. 16.62% = 5.69% × 2.92
2022. 12. 31. 16.59% = 5.86% × 2.83
2022. 9. 30. 17.26% = 6.03% × 2.86
2022. 6. 30. 17.04% = 6.05% × 2.82
2022. 3. 31. 17.36% = 6.21% × 2.79

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).



ROE 세 가지 구성 요소로 세분화

Elevance Health Inc., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 순이익률(Net Profit Margin Ratio) × 자산회전율 × 재무 레버리지 비율
2026. 6. 30. 11.06% = 2.50% × 1.57 × 2.82
2026. 3. 31. 11.94% = 2.64% × 1.58 × 2.87
2025. 12. 31. 12.90% = 2.87% × 1.63 × 2.77
2025. 9. 30. 12.59% = 2.86% × 1.57 × 2.79
2025. 6. 30. 12.26% = 2.85% × 1.54 × 2.79
2025. 3. 31. 13.92% = 3.26% × 1.52 × 2.82
2024. 12. 31. 14.47% = 3.41% × 1.50 × 2.83
2024. 9. 30. 14.66% = 3.72% × 1.48 × 2.66
2024. 6. 30. 15.86% = 3.93% × 1.51 × 2.68
2024. 3. 31. 15.38% = 3.66% × 1.52 × 2.76
2023. 12. 31. 15.23% = 3.52% × 1.56 × 2.77
2023. 9. 30. 15.82% = 3.63% × 1.52 × 2.88
2023. 6. 30. 16.78% = 3.89% × 1.51 × 2.86
2023. 3. 31. 16.62% = 3.89% × 1.46 × 2.92
2022. 12. 31. 16.59% = 3.87% × 1.51 × 2.83
2022. 9. 30. 17.26% = 4.09% × 1.48 × 2.86
2022. 6. 30. 17.04% = 4.13% × 1.47 × 2.82
2022. 3. 31. 17.36% = 4.37% × 1.42 × 2.79

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).



ROE를 5개 구성 요소로 세분화

Elevance Health Inc., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 세금 부담 비율 × 이자부담비율 × EBIT 마진 비율 × 자산회전율 × 재무 레버리지 비율
2026. 6. 30. 11.06% = 0.84 × 0.80 × 3.68% × 1.57 × 2.82
2026. 3. 31. 11.94% = 0.84 × 0.81 × 3.85% × 1.58 × 2.87
2025. 12. 31. 12.90% = 0.84 × 0.83 × 4.11% × 1.63 × 2.77
2025. 9. 30. 12.59% = 0.78 × 0.84 × 4.39% × 1.57 × 2.79
2025. 6. 30. 12.26% = 0.76 × 0.84 × 4.47% × 1.54 × 2.79
2025. 3. 31. 13.92% = 0.76 × 0.86 × 4.97% × 1.52 × 2.82
2024. 12. 31. 14.47% = 0.76 × 0.87 × 5.19% × 1.50 × 2.83
2024. 9. 30. 14.66% = 0.77 × 0.88 × 5.46% × 1.48 × 2.66
2024. 6. 30. 15.86% = 0.78 × 0.89 × 5.66% × 1.51 × 2.68
2024. 3. 31. 15.38% = 0.78 × 0.89 × 5.33% × 1.52 × 2.76
2023. 12. 31. 15.23% = 0.78 × 0.88 × 5.14% × 1.56 × 2.77
2023. 9. 30. 15.82% = 0.78 × 0.89 × 5.27% × 1.52 × 2.88
2023. 6. 30. 16.78% = 0.77 × 0.90 × 5.64% × 1.51 × 2.86
2023. 3. 31. 16.62% = 0.77 × 0.90 × 5.60% × 1.46 × 2.92
2022. 12. 31. 16.59% = 0.77 × 0.90 × 5.54% × 1.51 × 2.83
2022. 9. 30. 17.26% = 0.77 × 0.91 × 5.83% × 1.48 × 2.86
2022. 6. 30. 17.04% = 0.77 × 0.91 × 5.89% × 1.47 × 2.82
2022. 3. 31. 17.36% = 0.77 × 0.91 × 6.24% × 1.42 × 2.79

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).



ROA 두 가지 구성 요소로 세분화

Elevance Health Inc., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 순이익률(Net Profit Margin Ratio) × 자산회전율
2026. 6. 30. 3.93% = 2.50% × 1.57
2026. 3. 31. 4.17% = 2.64% × 1.58
2025. 12. 31. 4.66% = 2.87% × 1.63
2025. 9. 30. 4.51% = 2.86% × 1.57
2025. 6. 30. 4.40% = 2.85% × 1.54
2025. 3. 31. 4.94% = 3.26% × 1.52
2024. 12. 31. 5.12% = 3.41% × 1.50
2024. 9. 30. 5.51% = 3.72% × 1.48
2024. 6. 30. 5.92% = 3.93% × 1.51
2024. 3. 31. 5.58% = 3.66% × 1.52
2023. 12. 31. 5.50% = 3.52% × 1.56
2023. 9. 30. 5.50% = 3.63% × 1.52
2023. 6. 30. 5.87% = 3.89% × 1.51
2023. 3. 31. 5.69% = 3.89% × 1.46
2022. 12. 31. 5.86% = 3.87% × 1.51
2022. 9. 30. 6.03% = 4.09% × 1.48
2022. 6. 30. 6.05% = 4.13% × 1.47
2022. 3. 31. 6.21% = 4.37% × 1.42

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).



ROA를 4개의 구성 요소로 세분화

Elevance Health Inc., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 세금 부담 비율 × 이자부담비율 × EBIT 마진 비율 × 자산회전율
2026. 6. 30. 3.93% = 0.84 × 0.80 × 3.68% × 1.57
2026. 3. 31. 4.17% = 0.84 × 0.81 × 3.85% × 1.58
2025. 12. 31. 4.66% = 0.84 × 0.83 × 4.11% × 1.63
2025. 9. 30. 4.51% = 0.78 × 0.84 × 4.39% × 1.57
2025. 6. 30. 4.40% = 0.76 × 0.84 × 4.47% × 1.54
2025. 3. 31. 4.94% = 0.76 × 0.86 × 4.97% × 1.52
2024. 12. 31. 5.12% = 0.76 × 0.87 × 5.19% × 1.50
2024. 9. 30. 5.51% = 0.77 × 0.88 × 5.46% × 1.48
2024. 6. 30. 5.92% = 0.78 × 0.89 × 5.66% × 1.51
2024. 3. 31. 5.58% = 0.78 × 0.89 × 5.33% × 1.52
2023. 12. 31. 5.50% = 0.78 × 0.88 × 5.14% × 1.56
2023. 9. 30. 5.50% = 0.78 × 0.89 × 5.27% × 1.52
2023. 6. 30. 5.87% = 0.77 × 0.90 × 5.64% × 1.51
2023. 3. 31. 5.69% = 0.77 × 0.90 × 5.60% × 1.46
2022. 12. 31. 5.86% = 0.77 × 0.90 × 5.54% × 1.51
2022. 9. 30. 6.03% = 0.77 × 0.91 × 5.83% × 1.48
2022. 6. 30. 6.05% = 0.77 × 0.91 × 5.89% × 1.47
2022. 3. 31. 6.21% = 0.77 × 0.91 × 6.24% × 1.42

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).



순이익률(Net Profit Margin Ratio)의 세분화

Elevance Health Inc., 순이익률의 분해(분기별 데이터)

Microsoft Excel
순이익률(Net Profit Margin Ratio) = 세금 부담 비율 × 이자부담비율 × EBIT 마진 비율
2026. 6. 30. 2.50% = 0.84 × 0.80 × 3.68%
2026. 3. 31. 2.64% = 0.84 × 0.81 × 3.85%
2025. 12. 31. 2.87% = 0.84 × 0.83 × 4.11%
2025. 9. 30. 2.86% = 0.78 × 0.84 × 4.39%
2025. 6. 30. 2.85% = 0.76 × 0.84 × 4.47%
2025. 3. 31. 3.26% = 0.76 × 0.86 × 4.97%
2024. 12. 31. 3.41% = 0.76 × 0.87 × 5.19%
2024. 9. 30. 3.72% = 0.77 × 0.88 × 5.46%
2024. 6. 30. 3.93% = 0.78 × 0.89 × 5.66%
2024. 3. 31. 3.66% = 0.78 × 0.89 × 5.33%
2023. 12. 31. 3.52% = 0.78 × 0.88 × 5.14%
2023. 9. 30. 3.63% = 0.78 × 0.89 × 5.27%
2023. 6. 30. 3.89% = 0.77 × 0.90 × 5.64%
2023. 3. 31. 3.89% = 0.77 × 0.90 × 5.60%
2022. 12. 31. 3.87% = 0.77 × 0.90 × 5.54%
2022. 9. 30. 4.09% = 0.77 × 0.91 × 5.83%
2022. 6. 30. 4.13% = 0.77 × 0.91 × 5.89%
2022. 3. 31. 4.37% = 0.77 × 0.91 × 6.24%

보고서 기준: 10-Q (보고 날짜: 2026-06-30), 10-Q (보고 날짜: 2026-03-31), 10-K (보고 날짜: 2025-12-31), 10-Q (보고 날짜: 2025-09-30), 10-Q (보고 날짜: 2025-06-30), 10-Q (보고 날짜: 2025-03-31), 10-K (보고 날짜: 2024-12-31), 10-Q (보고 날짜: 2024-09-30), 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-K (보고 날짜: 2023-12-31), 10-Q (보고 날짜: 2023-09-30), 10-Q (보고 날짜: 2023-06-30), 10-Q (보고 날짜: 2023-03-31), 10-K (보고 날짜: 2022-12-31), 10-Q (보고 날짜: 2022-09-30), 10-Q (보고 날짜: 2022-06-30), 10-Q (보고 날짜: 2022-03-31).