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COR vs. ELV: Cencora vs. Elevance Health Stock Comparison

How do Cencora (COR) and Elevance Health (ELV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cencora (COR) and Elevance Health (ELV) both belong to the Health Care Providers & Services industry, though COR is classified under Health Care Distributors while ELV falls under Managed Health Care.

Company profile comparison for Cencora (COR) and Elevance Health (ELV)
Profile ItemCORELV
NameCencora Inc.Elevance Health, Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Providers & Services
GICS Sub-IndustryHealth Care DistributorsManaged Health Care
Market Capitalization63.65 billion USD91.96 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 4, 1995October 30, 2001
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

COR
ELV
GSPC
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Cencora (COR) vs. Elevance Health (ELV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cencora (COR) and Elevance Health (ELV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cencora (COR) and Elevance Health (ELV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Total Return (1Y)-3.53%35.51%
Total Return (3Y, Annualized)21.62%-0.68%
Total Return (5Y, Annualized)24.10%1.10%

Risk Profile

Drawdown History

COR
ELV
GSPC
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Cencora (COR) vs. Elevance Health (ELV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cencora (COR) and Elevance Health (ELV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Volatility (1Y, Annualized)31.90%35.05%
Beta (5Y)0.560.61
Max Drawdown (5Y)-32.44%-50.38%
Avg. Volume (3M)1.29M1.19M

Risk-Adjusted Performance

Risk-Return Positioning

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COR and ELV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Sharpe Ratio (1Y)-0.240.89
Sortino Ratio (1Y)-0.301.25

Profitability

ROE (TTM)

Cencora (COR) at 129.01% clears its industry range for ROE, a sharper capital-efficiency signal than Elevance Health (ELV) at 11.48%, which is closer to a typical peer reading.

COR

Health Care Equipment & Services industry group

129.01%

COR
129.01%
Max
47.61%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%

ELV

Health Care Equipment & Services industry group

11.48%

Max
47.61%
Q3
14.36%
ELV
11.48%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both Cencora (COR) at 1.03% and Elevance Health (ELV) at 2.55% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

COR

Health Care Equipment & Services industry group

1.03%

Max
29.35%
Q3
9.33%
Median
2.18%
COR
1.03%
Q1
-6.29%
Min
-28.46%

ELV

Health Care Equipment & Services industry group

2.55%

Max
29.35%
Q3
9.33%
ELV
2.55%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Cencora (COR) at 1.27% and Elevance Health (ELV) at 4.22% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

COR

Health Care Equipment & Services industry group

1.27%

Max
35.43%
Q3
14.14%
Median
6.81%
COR
1.27%
Q1
-0.28%
Min
-16.29%

ELV

Health Care Equipment & Services industry group

4.22%

Max
35.43%
Q3
14.14%
Median
6.81%
ELV
4.22%
Q1
-0.28%
Min
-16.29%
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
ROE (TTM)129.01%11.48%
ROA (TTM)3.57%4.01%
Net Margin (TTM)1.03%2.55%
Operating Margin (TTM)1.27%4.22%
Gross Margin (TTM)4.09%26.43%

Growth

Revenue Growth

Only one side can be read here: Elevance Health (ELV) reports revenue growth of 12.62%, ranked against its industry; Cencora (COR) has no revenue growth figure this period.

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Cencora (COR) vs. Elevance Health (ELV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Cencora (COR) at 125.50% clears its industry range for EPS growth, a much stronger earnings trajectory than Elevance Health (ELV) at -1.83%, which is closer to a typical peer reading.

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Cencora (COR) vs. Elevance Health (ELV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Revenue Growth (YoY)--12.62%
Revenue Growth (3Y CAGR)--8.34%
EPS Growth (YoY)125.50%-1.83%
EPS Growth (3Y CAGR)28.15%0.53%

Financial Strength

Current Ratio (MRQ)

Elevance Health (ELV) at 1.47 keeps current ratio within its industry’s typical mid-range, while Cencora (COR) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for COR.

COR

Health Care Equipment & Services industry group

0.94

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
COR
0.94
Min
0.30

ELV

Health Care Equipment & Services industry group

1.47

Max
7.59
Q3
4.00
Median
1.98
ELV
1.47
Q1
1.37
Min
0.30
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Elevance Health (ELV) at 0.69 is near its industry mid-range for debt-to-equity ratio, while Cencora (COR) at 3.06 sits above its benchmark range, pointing to a heavier debt load relative to equity.

COR

Health Care Equipment & Services industry group

3.06

COR
3.06
Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00

ELV

Health Care Equipment & Services industry group

0.69

Max
1.88
Q3
0.91
ELV
0.69
Median
0.58
Q1
0.16
Min
0.00
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Current Ratio (MRQ)0.941.47
Debt / Equity (MRQ)3.060.69
Net Debt / EBITDA1.12-0.81

Dividends

Dividend Yield (TTM)

Both Cencora (COR) at 0.71% and Elevance Health (ELV) at 1.59% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

COR

Health Care Equipment & Services industry group

0.71%

COR
0.71%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ELV

Health Care Equipment & Services industry group

1.59%

ELV
1.59%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cencora (COR) at 17.45% and Elevance Health (ELV) at 29.17% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

COR

Health Care Equipment & Services industry group

17.45%

COR
17.45%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ELV

Health Care Equipment & Services industry group

29.17%

ELV
29.17%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
Dividend Yield (TTM)0.71%1.59%
Dividend Payout Ratio (TTM)17.45%29.17%

Valuation

P/E Ratio (TTM)

Both Cencora (COR) at 18.58 and Elevance Health (ELV) at 18.07 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

COR

Health Care Equipment & Services industry group

18.58

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
COR
18.58
Min
4.21

ELV

Health Care Equipment & Services industry group

18.07

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
ELV
18.07
Min
4.21
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Both Cencora (COR) at 0.19 and Elevance Health (ELV) at 0.46 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

COR

Health Care Equipment & Services industry group

0.19

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
COR
0.19
Min
0.03

ELV

Health Care Equipment & Services industry group

0.46

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
ELV
0.46
Min
0.03
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Elevance Health (ELV) at 2.06 sits near its industry’s typical P/B ratio, while Cencora (COR) at 17.29 prices above its benchmark range — COR looks rich relative to book.

COR

Health Care Equipment & Services industry group

17.29

COR
17.29
Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31

ELV

Health Care Equipment & Services industry group

2.06

Max
11.68
Q3
6.12
Median
3.00
ELV
2.06
Q1
1.73
Min
-1.31
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Cencora (COR) vs. Elevance Health (ELV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cencora (COR) and Elevance Health (ELV)
MetricCORELV
P/E Ratio (TTM)18.5818.07
P/S Ratio (TTM)0.190.46
P/B Ratio (MRQ)17.292.06
Free Cash Flow Yield (TTM)2.81%8.69%