AM Best Assigns Indicative Credit Ratings to Elevance Health, Inc.
What happened
On November 12, 2026, AM Best assigned indicative Long-Term Issue Credit Ratings to Elevance Health, Inc. The ratings include "bbb+" for senior unsecured issues, "bbb" for subordinated issues, and "bbb-" for preferred stock issues, with a stable outlook. The company's financial leverage was reported at 40.8% as of September 30, 2026.
From finanznachrichten.de
Why it matters
The rating reflects that Elevance Health maintains adequate earnings before interest and taxes interest coverage of over six times for 2025 and through the third quarter of 2026. The company's financial flexibility and liquidity are noted as good, supported by its large commercial paper program and revolving credit facility.
From finanznachrichten.de
Who's involved
- Elevance Health, Inc.American healthcare company that received the credit rating assignment
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- TD CowenSpeculative
The new credit rating might influence valuation models and price objective setting.
- Leerink partnersSpeculative
The new credit rating may be used as a key input for financial analysis and target setting.
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The entities involved
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Elevance Health, Inc.
American healthcare company
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