CorVel Financial Statements From 2010 to 2024

CRVL Stock  USD 347.45  9.29  2.75%   
CorVel Corp financial statements provide useful quarterly and yearly information to potential CorVel Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CorVel Corp financial statements helps investors assess CorVel Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CorVel Corp's valuation are summarized below:
Gross Profit
152.1 M
Profit Margin
0.0964
Market Capitalization
B
Enterprise Value Revenue
2.2194
Revenue
845.6 M
There are over one hundred nineteen available fundamental signals for CorVel Corp, which can be analyzed over time and compared to other ratios. We recommend to validate CorVel Corp's prevailing fundamental drivers against the all of the trends between 2010 and 2024. Market Cap is expected to rise to about 672.1 M this year. Enterprise Value is expected to rise to about 648 M this year

CorVel Corp Total Revenue

835.08 Million

Check CorVel Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CorVel Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 30.3 M or Selling General Administrative of 39.9 M, as well as many indicators such as Price To Sales Ratio of 5.8, Dividend Yield of 0.0502 or PTB Ratio of 18.64. CorVel financial statements analysis is a perfect complement when working with CorVel Corp Valuation or Volatility modules.
  
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

CorVel Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets477.4 M454.7 M295.3 M
Slightly volatile
Short and Long Term Debt Total30.1 M31.4 M62.5 M
Slightly volatile
Total Current Liabilities193.7 M184.5 M110.8 M
Slightly volatile
Total Stockholder Equity260 M247.6 M163.6 M
Slightly volatile
Property Plant And Equipment Net115.4 M110 M78.7 M
Slightly volatile
Accounts Payable10.6 M16.4 M12.6 M
Slightly volatile
Cash110.8 M105.6 M60.3 M
Slightly volatile
Non Current Assets Total160.1 M152.4 M118.1 M
Slightly volatile
Cash And Short Term Investments110.8 M105.6 M60.3 M
Slightly volatile
Net Receivables49.7 M97.1 M62.4 M
Slightly volatile
Common Stock Shares Outstanding24.8 M17.3 M19.6 M
Very volatile
Liabilities And Stockholders Equity477.4 M454.7 M295.3 M
Slightly volatile
Non Current Liabilities Total12.9 M22.5 M21.3 M
Slightly volatile
Other Current Assets104.5 M99.6 M40.3 M
Slightly volatile
Total Liabilities217.4 M207 M131.7 M
Slightly volatile
Property Plant And Equipment Gross349.6 M332.9 M109.2 M
Slightly volatile
Total Current Assets317.3 M302.2 M176.7 M
Slightly volatile
Short Term Debt14 M8.9 M18.7 M
Very volatile
Other Assets0.860.9851.9 K
Pretty Stable
Good Will31.5 M33.1 M36.8 M
Pretty Stable
Common Stock Total Equity2.9 K3.5 K2.9 K
Slightly volatile
Intangible Assets780 K821 K3.4 M
Slightly volatile
Property Plant Equipment50.3 M95.2 M62.3 M
Slightly volatile
Current Deferred Revenue53.3 M30 M46.5 M
Slightly volatile
Net Tangible Assets130.5 M188.7 M120.7 M
Slightly volatile
Retained Earnings Total Equity513.9 M841.4 M482.4 M
Slightly volatile
Capital Surpluse165 M251.5 M154.8 M
Slightly volatile
Deferred Long Term Liabilities1.4 M1.5 M8.4 M
Slightly volatile
Other Liabilities1.4 M1.5 MM
Slightly volatile
Long Term Investments992.4 K972.9 K1.2 M
Slightly volatile
Net Invested Capital226 M247.6 M190.8 M
Slightly volatile
Net Working Capital99.5 M117.7 M79.3 M
Slightly volatile
Capital Stock2.4 K2.7 K2.9 K
Slightly volatile
Capital Lease Obligations38.2 M31.4 M77.4 M
Slightly volatile
Non Current Liabilities Other36.1 M21.5 M66.9 M
Slightly volatile

CorVel Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.6 M26.3 M19.1 M
Slightly volatile
Selling General Administrative39.9 M76.6 M55.5 M
Slightly volatile
Total Revenue835.1 M795.3 M543.9 M
Slightly volatile
Gross Profit180.3 M171.7 M116.8 M
Slightly volatile
Other Operating Expenses735.2 M700.2 M485.4 M
Slightly volatile
Operating Income99.9 M95.1 M52.2 M
Slightly volatile
EBIT99.9 M95.1 M58.5 M
Slightly volatile
EBITDA127.4 M121.4 M78.5 M
Slightly volatile
Cost Of Revenue654.8 M623.6 M427.2 M
Slightly volatile
Total Operating Expenses40.7 M76.6 M55.6 M
Slightly volatile
Income Before Tax99.9 M95.1 M58.5 M
Slightly volatile
Net Income80.1 M76.3 M42.7 M
Slightly volatile
Income Tax Expense12.1 M18.8 M15.3 M
Pretty Stable
Net Income Applicable To Common Shares80.1 M76.3 M43.4 M
Slightly volatile
Selling And Marketing Expenses19.4 M30.2 M24.9 M
Slightly volatile
Net Income From Continuing Ops47.3 M76.3 M42.2 M
Slightly volatile
Tax Provision17.7 M18.8 M16.4 M
Very volatile
Reconciled Depreciation26.1 M26.3 M23 M
Slightly volatile
Extraordinary Items481.4 K506.7 K1.9 M
Slightly volatile

CorVel Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow74.9 M71.3 M51.6 M
Slightly volatile
Other Cashflows From Financing Activities10.4 M9.9 M6.5 M
Slightly volatile
Depreciation13.6 M26.3 M19.1 M
Slightly volatile
Capital Expenditures15.7 M29.2 M21.5 M
Slightly volatile
Net Income80.1 M76.3 M42.7 M
Slightly volatile
End Period Cash Flow110.8 M105.6 M60.3 M
Slightly volatile
Other Non Cash Items2.2 M2.1 M2.1 M
Pretty Stable
Stock Based Compensation4.7 MM3.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.85.52752.6024
Slightly volatile
Dividend Yield0.05020.05640.0614
Slightly volatile
PTB Ratio18.6417.75148.5922
Slightly volatile
Days Sales Outstanding58.8244.566746.674
Pretty Stable
Book Value Per Share15.1914.46378.7864
Slightly volatile
Stock Based Compensation To Revenue0.0060.00630.311
Slightly volatile
Capex To Depreciation1.471.11381.1956
Pretty Stable
PB Ratio18.6417.75148.5922
Slightly volatile
EV To Sales5.715.43422.5319
Slightly volatile
ROIC0.160.30790.2101
Very volatile
Inventory Turnover23.8218.817.7175
Very volatile
Net Income Per Share4.684.45352.3089
Slightly volatile
Days Of Inventory On Hand0.00.02.3915
Slightly volatile
Payables Turnover34.3938.002336.184
Pretty Stable
Sales General And Administrative To Revenue0.080.09630.1056
Slightly volatile
Average Inventory1.421.350.818
Slightly volatile
Capex To Revenue0.04850.03680.0426
Very volatile
Cash Per Share6.476.16533.3257
Slightly volatile
Payout Ratio1.031.161.2603
Slightly volatile
Capex To Operating Cash Flow0.280.29460.906
Slightly volatile
Days Payables Outstanding15.059.604711.3271
Very volatile
ROE0.170.30790.2341
Slightly volatile
PE Ratio60.5357.651933.0989
Slightly volatile
Return On Tangible Assets0.130.18280.1585
Very volatile
Earnings Yield0.01650.01730.0349
Slightly volatile
Intangibles To Total Assets0.07860.08280.1451
Slightly volatile
Current Ratio2.611.63811.6905
Pretty Stable
Tangible Book Value Per Share12.8812.26566.7929
Slightly volatile
Receivables Turnover5.648.197.9549
Pretty Stable
Graham Number39.9738.069721.2784
Slightly volatile
Shareholders Equity Per Share15.1914.46378.7864
Slightly volatile
Debt To Equity0.05520.06210.0676
Slightly volatile
Capex Per Share1.791.70771.1928
Slightly volatile
Average Receivables56.9 M66.3 M68.6 M
Pretty Stable
Revenue Per Share48.7746.449729.0353
Slightly volatile
Interest Debt Per Share0.03390.03810.0415
Slightly volatile
Debt To Assets0.04030.04540.0494
Slightly volatile
Enterprise Value Over EBITDA37.435.614317.8128
Slightly volatile
Price Earnings Ratio60.5357.651933.0989
Slightly volatile
Operating Cycle59.9744.566748.2389
Slightly volatile
Price Book Value Ratio18.6417.75148.5922
Slightly volatile
Days Of Payables Outstanding15.059.604711.3271
Very volatile
Dividend Payout Ratio1.031.161.2603
Slightly volatile
Pretax Profit Margin0.07780.11960.0985
Slightly volatile
Ebt Per Ebit0.941.281.4545
Pretty Stable
Operating Profit Margin0.07450.11960.0885
Very volatile
Effective Tax Rate0.390.19820.2984
Slightly volatile
Company Equity Multiplier1.221.8361.7099
Slightly volatile
Long Term Debt To Capitalization0.03520.03960.0431
Slightly volatile
Total Debt To Capitalization0.05160.05810.0632
Slightly volatile
Return On Capital Employed0.230.3520.2776
Pretty Stable
Debt Equity Ratio0.05520.06210.0676
Slightly volatile
Ebit Per Revenue0.07450.11960.0885
Very volatile
Quick Ratio2.591.63811.6681
Pretty Stable
Net Income Per E B T0.520.80180.6956
Slightly volatile
Cash Ratio0.70.57220.4832
Slightly volatile
Cash Conversion Cycle46.2634.962137.0012
Slightly volatile
Days Of Inventory Outstanding0.00.02.3915
Slightly volatile
Days Of Sales Outstanding58.8244.566746.674
Pretty Stable
Price To Book Ratio18.6417.75148.5922
Slightly volatile
Fixed Asset Turnover10.47.23348.1115
Slightly volatile
Enterprise Value Multiple37.435.614317.8128
Slightly volatile
Debt Ratio0.04030.04540.0494
Slightly volatile
Price Sales Ratio5.85.52752.6024
Slightly volatile
Return On Assets0.110.16770.1341
Pretty Stable
Asset Turnover2.491.74922.0275
Slightly volatile
Net Profit Margin0.0510.09590.0695
Slightly volatile
Gross Profit Margin0.170.21590.207
Pretty Stable
Price Fair Value18.6417.75148.5922
Slightly volatile
Return On Equity0.170.30790.2341
Slightly volatile

CorVel Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap672.1 M640.1 M657.4 M
Slightly volatile
Enterprise Value648 M617.1 M633.9 M
Slightly volatile

CorVel Fundamental Market Drivers

Cash And Short Term Investments105.6 M

CorVel Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About CorVel Corp Financial Statements

CorVel Corp investors utilize fundamental indicators, such as revenue or net income, to predict how CorVel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue30 M53.3 M
Total Revenue795.3 M835.1 M
Cost Of Revenue623.6 M654.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.10  0.08 
Capex To Revenue 0.04  0.05 
Revenue Per Share 46.45  48.77 
Ebit Per Revenue 0.12  0.07 

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.174
Earnings Share
1.58
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.