CorVel Financial Statements From 2010 to 2025

CRVL Stock  USD 105.07  0.77  0.73%   
CorVel Corp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing CorVel Corp's valuation are provided below:
Gross Profit
209.7 M
Profit Margin
0.1063
Market Capitalization
5.5 B
Enterprise Value Revenue
6.0368
Revenue
895.6 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 2025. Market Cap is expected to rise to about 1.7 B this year. Enterprise Value is expected to rise to about 1.7 B this year

CorVel Corp Total Revenue

940.37 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 31.7 M, Interest Expense of 30.3 M or Selling General Administrative of 93.3 M, as well as many indicators such as Price To Sales Ratio of 6.75, Dividend Yield of 0.0502 or PTB Ratio of 18.76. CorVel financial statements analysis is a perfect complement when working with CorVel Corp Valuation or Volatility modules.
  
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Check out the analysis of CorVel Corp Correlation against competitors.
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CorVel Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets573.3 M546 M316.9 M
Slightly volatile
Short and Long Term Debt Total29.2 M20 M60.4 M
Slightly volatile
Total Current Liabilities214.2 M204 M117.9 M
Slightly volatile
Total Stockholder Equity338.1 M322 M178.4 M
Slightly volatile
Property Plant And Equipment Net49.2 M92.1 M75.4 M
Slightly volatile
Accounts Payable10.9 M16.8 M12.9 M
Slightly volatile
Cash179.1 M170.6 M71.4 M
Slightly volatile
Non Current Assets Total167.3 M159.3 M121.2 M
Slightly volatile
Cash And Short Term Investments179.1 M170.6 M71.4 M
Slightly volatile
Net Receivables109.3 M104.1 M68.8 M
Slightly volatile
Common Stock Shares Outstanding72.5 M52 M55.7 M
Pretty Stable
Liabilities And Stockholders Equity573.3 M546 M316.9 M
Slightly volatile
Non Current Liabilities Total13.2 M20 M21.2 M
Slightly volatile
Other Current Assets117.6 M112 M55.2 M
Slightly volatile
Total Liabilities235.2 M224 M138.6 M
Slightly volatile
Property Plant And Equipment Gross372.1 M354.4 M126 M
Slightly volatile
Total Current Assets406 M386.7 M195.3 M
Slightly volatile
Short Term Debt14 M10.2 M18.2 M
Very volatile
Other Assets0.860.9798.7 K
Slightly volatile
Good Will31.5 M33.1 M36.8 M
Very volatile
Common Stock Total Equity2.9 K3.5 K2.9 K
Slightly volatile
Intangible Assets416.1 K438 K3.2 M
Slightly volatile
Property Plant Equipment50.3 M95.2 M63.6 M
Slightly volatile
Current Deferred Revenue40.7 M34.5 M35.6 M
Slightly volatile
Net Tangible Assets130.5 M188.7 M123.4 M
Slightly volatile
Retained Earnings Total Equity513.9 M841.4 M498 M
Slightly volatile
Capital Surpluse165 M251.5 M158.8 M
Slightly volatile
Deferred Long Term Liabilities1.4 M1.5 MM
Slightly volatile
Other Liabilities1.4 M1.5 M5.7 M
Slightly volatile
Long Term Investments992.4 K972.9 K1.2 M
Slightly volatile
Net Invested Capital242 M322 M200 M
Slightly volatile
Net Working Capital112.1 M182.7 M86.6 M
Slightly volatile
Capital Stock3.6 KK3.2 K
Slightly volatile
Capital Lease Obligations35.6 M28.1 M74.2 M
Slightly volatile
Non Current Liabilities Other36.1 M21.5 M64.2 M
Slightly volatile

CorVel Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization31.7 M30.2 M20.9 M
Slightly volatile
Selling General Administrative93.3 M88.9 M60.9 M
Slightly volatile
Total Revenue940.4 M895.6 M572.5 M
Slightly volatile
Gross Profit220.2 M209.7 M125.1 M
Slightly volatile
Other Operating Expenses813.5 M774.8 M508.4 M
Slightly volatile
Operating Income126.9 M120.8 M61.2 M
Slightly volatile
EBIT114.8 M109.4 M62.6 M
Slightly volatile
EBITDA126.9 M120.8 M81.1 M
Slightly volatile
Cost Of Revenue720.2 M685.9 M447.4 M
Slightly volatile
Total Operating Expenses93.3 M88.9 M61 M
Slightly volatile
Income Before Tax126.9 M120.8 M64.1 M
Slightly volatile
Net Income99.9 M95.2 M47.2 M
Slightly volatile
Income Tax Expense26.9 M25.7 M16.9 M
Slightly volatile
Net Income Applicable To Common Shares80.1 M76.3 M44.9 M
Slightly volatile
Selling And Marketing Expenses19.4 M30.2 M25 M
Slightly volatile
Net Income From Continuing Ops51.4 M95.2 M45.8 M
Slightly volatile
Tax Provision18.7 M25.7 M17.1 M
Slightly volatile
Reconciled Depreciation26.9 M29.5 M23.4 M
Slightly volatile
Extraordinary Items481.4 K506.7 K1.8 M
Slightly volatile

CorVel Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow110.8 M105.6 M57.3 M
Slightly volatile
Depreciation31 M29.5 M20.8 M
Slightly volatile
Capital Expenditures37.5 M35.8 M23.7 M
Slightly volatile
Net Income99.9 M95.2 M47.2 M
Slightly volatile
End Period Cash Flow179.1 M170.6 M71.4 M
Slightly volatile
Other Non Cash Items4.1 M3.9 M2.4 M
Pretty Stable
Stock Based Compensation5.4 M5.7 M3.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.756.42472.9007
Slightly volatile
Dividend Yield0.05020.05640.0615
Slightly volatile
PTB Ratio18.7617.879.1798
Slightly volatile
Days Sales Outstanding57.9742.436945.6781
Pretty Stable
Book Value Per Share6.586.26583.2249
Slightly volatile
Stock Based Compensation To Revenue0.00610.00640.2741
Slightly volatile
Capex To Depreciation1.491.21061.1978
Pretty Stable
PB Ratio18.7617.879.1798
Slightly volatile
EV To Sales6.576.25652.8222
Slightly volatile
ROIC0.160.27830.2111
Slightly volatile
Inventory Turnover13.0814.7216.0438
Slightly volatile
Net Income Per Share1.941.85190.861
Slightly volatile
Days Of Inventory On Hand0.00.02.7905
Slightly volatile
Payables Turnover34.0740.844536.7992
Pretty Stable
Sales General And Administrative To Revenue0.080.09930.1052
Slightly volatile
Capex To Revenue0.04840.03990.0425
Pretty Stable
Cash Per Share3.493.31951.3301
Slightly volatile
Payout Ratio1.031.161.2619
Slightly volatile
Capex To Operating Cash Flow0.270.28080.8663
Slightly volatile
Days Payables Outstanding15.098.936311.0635
Very volatile
ROE0.180.29560.2386
Slightly volatile
PE Ratio63.4960.462534.995
Slightly volatile
Return On Tangible Assets0.130.18710.1606
Very volatile
Earnings Yield0.01570.01650.0337
Slightly volatile
Intangibles To Total Assets0.06480.06820.1388
Slightly volatile
Current Ratio2.611.89521.7342
Pretty Stable
Tangible Book Value Per Share5.825.54092.5605
Slightly volatile
Receivables Turnover5.738.6018.1049
Very volatile
Graham Number16.9716.1587.8873
Slightly volatile
Shareholders Equity Per Share6.586.26583.2322
Slightly volatile
Debt To Equity0.05890.0620.3499
Slightly volatile
Capex Per Share0.730.69580.4246
Slightly volatile
Revenue Per Share18.317.42810.2905
Slightly volatile
Interest Debt Per Share0.370.38831.2471
Slightly volatile
Debt To Assets0.03470.03650.1647
Slightly volatile
Enterprise Value Over EBITDA48.6946.375620.001
Slightly volatile
Price Earnings Ratio63.4960.462534.995
Slightly volatile
Operating Cycle58.6742.436947.1171
Slightly volatile
Price Book Value Ratio18.7617.879.1798
Slightly volatile
Days Of Payables Outstanding15.098.936311.0635
Very volatile
Dividend Payout Ratio1.031.161.2619
Slightly volatile
Pretax Profit Margin0.07870.13490.1008
Slightly volatile
Ebt Per Ebit0.770.910.974
Pretty Stable
Operating Profit Margin0.0790.13490.1012
Slightly volatile
Effective Tax Rate0.370.21240.2918
Slightly volatile
Company Equity Multiplier1.221.69561.7055
Pretty Stable
Long Term Debt To Capitalization0.03520.03960.0431
Slightly volatile
Total Debt To Capitalization0.05540.05840.2421
Slightly volatile
Return On Capital Employed0.240.35330.3044
Pretty Stable
Debt Equity Ratio0.05890.0620.3499
Slightly volatile
Ebit Per Revenue0.0790.13490.1012
Slightly volatile
Quick Ratio2.61.89521.7063
Pretty Stable
Net Income Per E B T0.530.78760.702
Slightly volatile
Cash Ratio0.70.8360.5077
Slightly volatile
Cash Conversion Cycle43.5833.500536.0537
Slightly volatile
Days Of Inventory Outstanding0.00.02.7905
Slightly volatile
Days Of Sales Outstanding57.9742.436945.6781
Pretty Stable
Price To Book Ratio18.7617.879.1798
Slightly volatile
Fixed Asset Turnover10.419.72928.2132
Slightly volatile
Enterprise Value Multiple48.6946.375620.001
Slightly volatile
Debt Ratio0.03470.03650.1647
Slightly volatile
Price Sales Ratio6.756.42472.9007
Slightly volatile
Return On Assets0.110.17430.1369
Slightly volatile
Asset Turnover2.461.64032.0062
Slightly volatile
Net Profit Margin0.110.10630.0755
Slightly volatile
Gross Profit Margin0.170.23420.2087
Pretty Stable
Price Fair Value18.7617.879.1798
Slightly volatile
Return On Equity0.180.29560.2386
Slightly volatile

CorVel Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.7 B1.2 B
Slightly volatile
Enterprise Value1.7 B1.6 B1.2 B
Slightly volatile

CorVel Fundamental Market Drivers

Cash And Short Term Investments170.6 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 Revenue34.5 M40.7 M
Total Revenue895.6 M940.4 M
Cost Of Revenue685.9 M720.2 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 17.43  18.30 
Ebit Per Revenue 0.13  0.08 

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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
0.346
Earnings Share
1.79
Revenue Per Share
17.431
Quarterly Revenue Growth
0.117
Return On Assets
0.1509
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.