Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Elevance Health Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income 5,971 5,991 6,019 6,095 4,572
Change in net unrealized gains (losses) on investments 103 1,117 (2,260) (457) 428
Change in non-credit component of impairment losses on investments 1 (3) 2
Change in net unrealized gains (losses) on cash flow hedges 4 18 10 11 12
Change in net periodic pension and postretirement costs 60 40 (70) 123 (1)
Change in future policy benefits (2) (3)
Foreign currency translation adjustments (6) (1) (13) (9) 7
Other comprehensive income (loss), net of tax 160 1,171 (2,336) (330) 446
Comprehensive income 6,131 7,162 3,683 5,765 5,018
Comprehensive loss attributable to noncontrolling interests 15 2 17 11
Shareholders’ comprehensive income 6,146 7,164 3,700 5,776 5,018

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Comprehensive income item Description The company
Shareholders’ net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Elevance Health Inc. shareholders’ net income decreased from 2022 to 2023 and from 2023 to 2024.
Shareholders’ comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Elevance Health Inc. shareholders’ comprehensive income increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.