CorVel Financial Statements From 2010 to 2026

CRVL Stock  USD 48.67  0.06  0.12%   
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
228 M
Profit Margin
0.1123
Market Capitalization
2.5 B
Enterprise Value Revenue
2.4973
Revenue
941.5 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 2026. 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

1.08 Billion

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 35.7 M, Interest Expense of 30.3 M or Selling General Administrative of 107.4 M, as well as many indicators such as Price To Sales Ratio of 6.07, Dividend Yield of 0.0502 or PTB Ratio of 16.89. 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.
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 Assets659.3 M627.9 M339.9 M
Slightly volatile
Short and Long Term Debt Total33.1 M25.3 M66.8 M
Slightly volatile
Total Current Liabilities246.4 M234.6 M125.7 M
Slightly volatile
Total Stockholder Equity388.8 M370.3 M192.6 M
Slightly volatile
Property Plant And Equipment Net136.3 M129.8 M85 M
Slightly volatile
Accounts Payable10.8 M17.7 M13.1 M
Slightly volatile
Cash206 M196.2 M80.4 M
Slightly volatile
Non Current Assets Total192.3 M183.2 M126.3 M
Slightly volatile
Cash And Short Term Investments206 M196.2 M80.7 M
Slightly volatile
Net Receivables125.7 M119.7 M72 M
Slightly volatile
Common Stock Shares Outstanding57.7 M46.8 M39 M
Pretty Stable
Liabilities And Stockholders Equity659.3 M627.9 M339.9 M
Slightly volatile
Non Current Liabilities Total13.2 M22.9 M21.3 M
Pretty Stable
Other Current Assets135.2 M128.8 M60.9 M
Slightly volatile
Total Liabilities270.5 M257.6 M147.2 M
Slightly volatile
Property Plant And Equipment Gross427.9 M407.5 M145.8 M
Slightly volatile
Total Current Assets466.9 M444.7 M213.6 M
Slightly volatile
Short Term Debt8.7 M9.3 M6.3 M
Slightly volatile
Other Assets0.860.9751.7 K
Slightly volatile
Good Will31.5 M33.1 M34.8 M
Pretty Stable
Common Stock Total Equity2.9 K3.5 K2.9 K
Slightly volatile
Intangible Assets374.5 K394.2 K3.1 M
Slightly volatile
Property Plant Equipment50.3 M95.2 M64.7 M
Slightly volatile
Current Deferred Revenue159.7 M152.1 M68.9 M
Slightly volatile
Net Tangible Assets130.5 M188.7 M125.8 M
Slightly volatile
Retained Earnings Total Equity513.9 M841.4 M511.7 M
Slightly volatile
Capital Surpluse165 M251.5 M162.3 M
Slightly volatile
Deferred Long Term Liabilities1.4 M1.5 M7.6 M
Slightly volatile
Other Liabilities1.4 M1.5 M5.5 M
Slightly volatile
Long Term Investments992.4 K972.9 K1.2 M
Slightly volatile
Net Invested Capital242 M370.3 M210.1 M
Slightly volatile
Net Working Capital112.1 M210.1 M93.8 M
Slightly volatile
Capital Stock3.6 K5.8 K3.3 K
Slightly volatile
Capital Lease Obligations35.6 M25.3 M71.3 M
Slightly volatile
Non Current Liabilities Other36.1 M21.5 M61.9 M
Slightly volatile

CorVel Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization35.7 M34 M21.9 M
Slightly volatile
Selling General Administrative107.4 M102.2 M64.2 M
Slightly volatile
Total Revenue1.1 BB607.7 M
Slightly volatile
Gross Profit253.2 M241.2 M133.8 M
Slightly volatile
Other Operating Expenses935.5 M891 M538.1 M
Slightly volatile
Operating Income145.9 M138.9 M69.6 M
Slightly volatile
EBIT145.9 M138.9 M69.6 M
Slightly volatile
EBITDA181.6 M172.9 M91.5 M
Slightly volatile
Cost Of Revenue828.2 M788.7 M473.8 M
Slightly volatile
Total Operating Expenses107.4 M102.2 M64.2 M
Slightly volatile
Income Before Tax145.9 M138.9 M69.6 M
Slightly volatile
Net Income114.9 M109.4 M51.7 M
Slightly volatile
Income Tax Expense31 M29.5 M17.8 M
Slightly volatile
Net Income Applicable To Common Shares80.1 M76.3 M46.1 M
Slightly volatile
Selling And Marketing Expenses19.4 M30.2 M25.1 M
Slightly volatile
Net Income From Continuing Ops114.9 M109.4 M53.3 M
Slightly volatile
Tax Provision18.7 M29.5 M17.8 M
Slightly volatile
Reconciled Depreciation26.9 M34 M24 M
Slightly volatile
Extraordinary Items481.4 K506.7 K1.7 M
Slightly volatile

CorVel Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow127.5 M121.4 M62 M
Slightly volatile
Other Cashflows From Financing Activities13.4 M12.7 M7.2 M
Slightly volatile
Depreciation35.7 M34 M21.9 M
Slightly volatile
Capital Expenditures43.2 M41.1 M25.1 M
Slightly volatile
Net Income114.9 M109.4 M51.7 M
Slightly volatile
End Period Cash Flow206 M196.2 M80.4 M
Slightly volatile
Other Non Cash Items2.2 M4.5 M2.4 M
Pretty Stable
Stock Based Compensation4.9 M5.1 M3.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.075.783.0407
Slightly volatile
Dividend Yield0.05020.05640.0616
Slightly volatile
PTB Ratio16.8916.089.5159
Slightly volatile
Days Sales Outstanding57.8748.845.8559
Very volatile
Book Value Per Share5.925.643.3221
Slightly volatile
Stock Based Compensation To Revenue0.00480.00570.0058
Slightly volatile
Capex To Depreciation1.491.391.2091
Pretty Stable
PB Ratio16.8916.089.5159
Slightly volatile
EV To Sales5.925.642.9608
Slightly volatile
ROIC0.160.240.212
Slightly volatile
Inventory Turnover13.0814.7216.0618
Slightly volatile
Net Income Per Share1.751.670.8943
Slightly volatile
Days Of Inventory On Hand17.8620.0921.9301
Slightly volatile
Payables Turnover34.8451.1437.5778
Very volatile
Sales General And Administrative To Revenue0.080.08930.1043
Slightly volatile
Capex To Revenue0.04840.04590.0427
Very volatile
Cash Per Share3.142.991.4052
Slightly volatile
Payout Ratio1.031.161.2633
Slightly volatile
Capex To Operating Cash Flow0.310.320.8365
Slightly volatile
Days Payables Outstanding14.869.4411.0214
Pretty Stable
ROE0.180.270.2405
Slightly volatile
PE Ratio57.1454.4235.931
Slightly volatile
Return On Tangible Assets0.130.170.1608
Very volatile
Earnings Yield0.01810.0190.0326
Slightly volatile
Intangibles To Total Assets0.07450.07850.134
Slightly volatile
Current Ratio2.612.181.7604
Slightly volatile
Tangible Book Value Per Share5.244.992.6752
Slightly volatile
Receivables Turnover5.747.748.0841
Very volatile
Graham Number15.2714.548.1486
Slightly volatile
Shareholders Equity Per Share5.925.643.3221
Slightly volatile
Debt To Equity0.09530.10.3389
Slightly volatile
Capex Per Share0.660.630.4305
Slightly volatile
Revenue Per Share16.4715.6910.4515
Slightly volatile
Interest Debt Per Share0.860.631.249
Slightly volatile
Debt To Assets0.110.05910.1638
Slightly volatile
Enterprise Value Over EBITDA35.2733.5919.5532
Slightly volatile
Short Term Coverage Ratios57.3764.5470.4436
Slightly volatile
Price Earnings Ratio57.1454.4235.931
Slightly volatile
Operating Cycle58.5848.847.2108
Slightly volatile
Price Book Value Ratio16.8916.089.5159
Slightly volatile
Days Of Payables Outstanding14.869.4411.0214
Pretty Stable
Dividend Payout Ratio1.031.161.2633
Slightly volatile
Pretax Profit Margin0.07870.120.1019
Slightly volatile
Ebt Per Ebit0.780.90.9726
Pretty Stable
Operating Profit Margin0.0790.120.1023
Slightly volatile
Effective Tax Rate0.370.240.2887
Slightly volatile
Company Equity Multiplier1.221.531.6952
Pretty Stable
Long Term Debt To Capitalization0.03520.03960.0432
Slightly volatile
Total Debt To Capitalization0.180.09220.2419
Slightly volatile
Return On Capital Employed0.240.320.3053
Pretty Stable
Debt Equity Ratio0.09530.10.3389
Slightly volatile
Ebit Per Revenue0.0790.120.1023
Slightly volatile
Quick Ratio2.62.181.7342
Slightly volatile
Net Income Per E B T0.530.710.7024
Slightly volatile
Cash Ratio0.70.960.5343
Slightly volatile
Cash Conversion Cycle44.9939.3636.2641
Pretty Stable
Days Of Inventory Outstanding17.8620.0921.9301
Slightly volatile
Days Of Sales Outstanding57.8748.845.8559
Very volatile
Price To Book Ratio16.8916.089.5159
Slightly volatile
Fixed Asset Turnover10.359.128.1574
Slightly volatile
Enterprise Value Multiple35.2733.5919.5532
Slightly volatile
Debt Ratio0.110.05910.1638
Slightly volatile
Price Sales Ratio6.075.783.0407
Slightly volatile
Return On Assets0.110.160.1383
Slightly volatile
Asset Turnover2.461.891.9993
Slightly volatile
Net Profit Margin0.05210.09560.0733
Slightly volatile
Gross Profit Margin0.170.210.2088
Pretty Stable
Price Fair Value16.8916.089.5159
Slightly volatile
Return On Equity0.180.270.2405
Slightly volatile

CorVel Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.7 B1.3 B
Slightly volatile
Enterprise Value1.7 B1.6 B1.2 B
Slightly volatile

CorVel Fundamental Market Drivers

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 Revenue152.1 M159.7 M
Total RevenueB1.1 B
Cost Of Revenue788.7 M828.2 M
Sales General And Administrative To Revenue 0.09  0.08 
Capex To Revenue 0.05  0.05 
Revenue Per Share 15.69  16.47 
Ebit Per Revenue 0.12  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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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. Projected growth potential of CorVel fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive CorVel Corp assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.022
Earnings Share
2.01
Revenue Per Share
18.339
Quarterly Revenue Growth
0.034
Return On Assets
0.1444
Understanding CorVel Corp requires distinguishing between market price and book value, where the latter reflects CorVel's accounting equity. The concept of intrinsic value - what CorVel Corp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push CorVel Corp's price substantially above or below its fundamental value.
It's important to distinguish between CorVel Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CorVel Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CorVel Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.