Elevance Health (ELV) vs Oscar Health (OSCR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Oscar Health (OSCR) has outperformed Elevance Health (ELV) over the past year, gaining 51.8% versus a gain of 10.7%. Over five years, OSCR leads with a +108.8% price change compared with +2.0% for ELV. Elevance Health is the larger company by market cap ($86.95 billion vs $10.22 billion), about 8.5 times the size, while Oscar Health is growing revenue faster (+27.5% vs +12.5%).
On valuation, Elevance Health trades at a lower forward P/E (13.6x vs 15.3x for Oscar Health). Elevance Health pays a dividend yielding 1.71%, while Oscar Health does not currently pay one. Elevance Health converts more of its revenue into profit, with a net margin of 2.8% versus -3.8%.
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 | OSCR |
|---|---|---|
| Share price | $400.94 | $33.10 |
| Market cap | $86.95B | $10.22B |
| 1-day change | -0.83% | +0.58% |
| YTD return | +14.37% | +130.34% |
| 1-year return | +10.65% | +51.83% |
| 5-year return | +2.01% | +108.83% |
| P/E ratio (TTM) | 17.75 | 25.66 |
| Forward P/E | 13.55 | 15.29 |
| EPS (TTM) | $22.59 | $1.29 |
| Dividend yield | 1.71% | 0.00% |
| Annual dividend | $6.86 | $0.00 |
| Revenue (latest FY) | $199.13B | $11.70B |
| Revenue growth (YoY) | +12.49% | +27.50% |
| Net income (latest FY) | $5.66B | $-443.15M |
| Gross margin | 89.36% | — |
| Operating margin | 3.62% | -3.39% |
| Net margin | 2.84% | -3.79% |
| 52-week high | $436.24 | $34.48 |
| 52-week low | $274.84 | $10.69 |
| Distance from 52-week high | -8.09% | -4.00% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +12.61% | +6.95% |
| Average volume | 1.19M | 5.20M |
| Shares outstanding | 216.87M | 273.47M |
| Employees | 96,129 | 2,305 |
| 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 8.5 times larger than Oscar Health by market value ($86.95B vs $10.22B).
- OSCR has outperformed ELV by 41.2 percentage points over the past year.
- Oscar Health trades at a higher earnings multiple (25.7x vs 17.7x trailing P/E).
- Elevance Health offers a meaningfully higher dividend yield (1.71% vs 0.00%).
- Elevance Health is more profitable, keeping 2.8 cents of every revenue dollar as net income versus -3.8 cents for Oscar Health.
- Oscar Health grew revenue faster in its latest fiscal year (+27.50% vs +12.49%).
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 Oscar Health
OSCR stock →Oscar Health, Inc. operates as a healthcare technology company in the United States.
Health Care · Medical Specialities · 2,305 employees
ELV vs OSCR FAQ
Which is bigger, Elevance Health or Oscar Health?
Elevance Health (ELV) is larger, with a market capitalization of $86.95B compared with $10.22B for Oscar Health (OSCR).
Which stock has performed better over the past year, ELV or OSCR?
OSCR returned +51.83% over the past 12 months, compared with +10.65% for ELV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ELV or OSCR?
ELV has the lower trailing P/E at 17.7, versus 25.7 for OSCR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Elevance Health or Oscar Health?
Elevance Health pays a dividend yielding 1.71%, while Oscar Health does not currently pay a regular dividend.
Are Elevance Health and Oscar Health in the same industry?
Yes. Both are classified in the Medical Specialities industry within the Health Care sector.