Your email has been successfully added to our mailing list.

×
0 -2.24009318787458E-05 -0.00120965032145342 -0.00506261060460113 0.00413297193163229 0.00484980175175279 0.0100132165498084 0.0171031114894379
Stock impact report

Returns On Capital At Elevance Health (NYSE:ELV) Have Stalled [Yahoo! Finance]

Elevance Health, Inc. (ELV) 
Company Research Source: Yahoo! Finance
Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. That's why when we briefly looked at Elevance Health's NYSE:ELV ) ROCE trend, we were pretty happy with what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Elevance Health, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$9.2b ÷ (US$117b - US$41b) (Based on the trailing twelve months to December 2024) Therefore, Elevance Health has an ROCE of 12%. In ab Show less Read more
Impact Snapshot
Event Time:
ELV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ELV alerts
Opt-in for
ELV alerts

from News Quantified
Opt-in for
ELV alerts

from News Quantified