Elevance Health (ELV) vs Molina Healthcare (MOH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Elevance Health (ELV) has outperformed Molina Healthcare (MOH) over the past year, gaining 13.9% versus a loss of 3.7%. Over five years, ELV leads with a +3.6% price change compared with -30.1% for MOH. Elevance Health is the larger company by market cap ($87.68 billion vs $10.17 billion), about 8.6 times the size.
On valuation, Elevance Health trades at a lower forward P/E (13.7x vs 20.0x for Molina Healthcare). Elevance Health pays a dividend yielding 1.70%, while Molina Healthcare does not currently pay one. Elevance Health converts more of its revenue into profit, with a net margin of 2.8% versus 1.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ELV | MOH |
|---|---|---|
| Share price | $404.31 | $194.82 |
| Market cap | $87.68B | $10.17B |
| 1-day change | +1.05% | -0.18% |
| YTD return | +16.12% | +12.77% |
| 1-year return | +13.87% | -3.72% |
| 5-year return | +3.57% | -30.13% |
| P/E ratio (TTM) | 17.90 | — |
| Forward P/E | 13.69 | 19.99 |
| EPS (TTM) | $22.59 | $0.09 |
| Dividend yield | 1.70% | 0.00% |
| Annual dividend | $6.86 | $0.00 |
| Revenue (latest FY) | $199.13B | $45.43B |
| Revenue growth (YoY) | +12.49% | +11.75% |
| Net income (latest FY) | $5.66B | $472.00M |
| Gross margin | 89.36% | 13.07% |
| Operating margin | 3.62% | 1.72% |
| Net margin | 2.84% | 1.04% |
| 52-week high | $436.24 | $244.89 |
| 52-week low | $274.84 | $121.06 |
| Distance from 52-week high | -7.32% | -20.45% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +11.67% | +7.34% |
| Average volume | 1.20M | 915.40K |
| Shares outstanding | 216.87M | 52.20M |
| Employees | 96,129 | 19,000 |
| Sector | Health Care | Health Care |
| Industry | Medical Specialities | Medical Specialities |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Elevance Health is about 8.6 times larger than Molina Healthcare by market value ($87.68B vs $10.17B).
- ELV has outperformed MOH by 17.6 percentage points over the past year.
- Elevance Health offers a meaningfully higher dividend yield (1.70% vs 0.00%).
About Elevance Health
ELV stock →Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other.
Health Care · Medical Specialities · 96,129 employees
About Molina Healthcare
MOH stock →Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.
Health Care · Medical Specialities · 19,000 employees
ELV vs MOH FAQ
Which is bigger, Elevance Health or Molina Healthcare?
Elevance Health (ELV) is larger, with a market capitalization of $87.68B compared with $10.17B for Molina Healthcare (MOH).
Which stock has performed better over the past year, ELV or MOH?
ELV returned +13.87% over the past 12 months, compared with -3.72% for MOH (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Elevance Health or Molina Healthcare?
Elevance Health pays a dividend yielding 1.70%, while Molina Healthcare does not currently pay a regular dividend.
Are Elevance Health and Molina Healthcare in the same industry?
Yes. Both are classified in the Medical Specialities industry within the Health Care sector.