CorVel Financial Statements From 2010 to 2025

CRVL Stock  USD 108.85  0.10  0.09%   
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
184.5 M
Profit Margin
0.0964
Market Capitalization
5.7 B
Enterprise Value Revenue
6.5942
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 2025. Market Cap is expected to rise to about 314.7 M this year. Enterprise Value is expected to rise to about 316.4 M this year

CorVel Corp Total Revenue

960.34 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 92.5 M, as well as many indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.15 or PTB Ratio of 5.59. 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 Assets549 M522.9 M314 M
Slightly volatile
Short and Long Term Debt Total30.1 M28.3 M60.3 M
Slightly volatile
Total Current Liabilities222.8 M212.2 M119 M
Slightly volatile
Total Stockholder Equity299 M284.8 M173.6 M
Slightly volatile
Property Plant And Equipment Net132.8 M126.4 M82.8 M
Slightly volatile
Accounts Payable10.6 M18.9 M13 M
Slightly volatile
Cash127.5 M121.4 M65.1 M
Slightly volatile
Non Current Assets Total184.1 M175.3 M123.2 M
Slightly volatile
Cash And Short Term Investments127.5 M121.4 M65.1 M
Slightly volatile
Net Receivables117.3 M111.7 M69.7 M
Slightly volatile
Common Stock Shares Outstanding24.8 M15.6 M19.4 M
Pretty Stable
Liabilities And Stockholders Equity549 M522.9 M314 M
Slightly volatile
Non Current Liabilities Total27.2 M25.9 M22.5 M
Slightly volatile
Other Current Assets120.2 M114.5 M45.9 M
Slightly volatile
Total Liabilities250 M238.1 M140.4 M
Slightly volatile
Property Plant And Equipment Gross402 M382.9 M129.6 M
Slightly volatile
Total Current Assets364.9 M347.6 M190.3 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 Assets702 K738.9 K3.3 M
Slightly volatile
Property Plant Equipment50.3 M95.2 M63.6 M
Slightly volatile
Current Deferred Revenue53.3 M34.5 M45.8 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 Capital226 M284.8 M196.7 M
Slightly volatile
Net Working Capital99.5 M135.4 M82.8 M
Slightly volatile
Capital Stock2.4 K2.7 K2.9 K
Slightly volatile
Capital Lease Obligations38.2 M28.3 M74.4 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 Administrative92.5 M88.1 M60.8 M
Slightly volatile
Total Revenue960.3 M914.6 M574.9 M
Slightly volatile
Gross Profit207.3 M197.4 M123.5 M
Slightly volatile
Other Operating Expenses845.5 M805.2 M512.3 M
Slightly volatile
Operating Income114.8 M109.4 M56.7 M
Slightly volatile
EBIT114.8 M109.4 M62.6 M
Slightly volatile
EBITDA146.5 M139.6 M83.5 M
Slightly volatile
Cost Of Revenue753 M717.2 M451.4 M
Slightly volatile
Total Operating Expenses92.5 M88.1 M60.9 M
Slightly volatile
Income Before Tax114.8 M109.4 M62.6 M
Slightly volatile
Net Income92.1 M87.7 M46.2 M
Slightly volatile
Income Tax Expense12.1 M21.7 M15.7 M
Pretty Stable
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 Ops47.3 M87.7 M45.1 M
Slightly volatile
Tax Provision17.7 M21.7 M16.8 M
Pretty Stable
Reconciled Depreciation26.1 M30.2 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 Flow86.1 M82 M54.2 M
Slightly volatile
Other Cashflows From Financing Activities12 M11.4 M6.9 M
Slightly volatile
Depreciation31.7 M30.2 M20.9 M
Slightly volatile
Capital Expenditures35.3 M33.6 M23.4 M
Slightly volatile
Net Income92.1 M87.7 M46.2 M
Slightly volatile
End Period Cash Flow127.5 M121.4 M65.1 M
Slightly volatile
Other Non Cash Items2.6 M2.4 M2.2 M
Very volatile
Stock Based Compensation4.3 M4.5 M3.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.741.660.9049
Slightly volatile
Dividend Yield0.150.170.1845
Slightly volatile
PTB Ratio5.595.332.9793
Slightly volatile
Days Sales Outstanding58.8251.2546.96
Pretty Stable
Book Value Per Share13.6713.028.956
Slightly volatile
Stock Based Compensation To Revenue0.00680.00720.2921
Slightly volatile
Capex To Depreciation1.471.281.2009
Pretty Stable
PB Ratio5.595.332.9793
Slightly volatile
EV To Sales1.651.570.8332
Slightly volatile
ROIC0.150.250.193
Very volatile
Inventory Turnover23.8218.817.632
Very volatile
Net Income Per Share4.214.012.3858
Slightly volatile
Days Of Inventory On Hand0.00.02.242
Slightly volatile
Payables Turnover34.3943.736.6537
Very volatile
Sales General And Administrative To Revenue0.080.08670.1045
Slightly volatile
Average Inventory1.421.350.8606
Slightly volatile
Capex To Revenue0.04850.04230.0426
Very volatile
Cash Per Share5.835.553.4248
Slightly volatile
Payout Ratio1.031.161.2619
Slightly volatile
Capex To Operating Cash Flow0.320.340.8731
Slightly volatile
Days Payables Outstanding15.0511.0511.3098
Very volatile
ROE0.170.280.237
Slightly volatile
PE Ratio18.1617.2911.2983
Slightly volatile
Return On Tangible Assets0.130.160.1586
Very volatile
Earnings Yield0.05690.05980.1024
Slightly volatile
Intangibles To Total Assets0.190.09520.1489
Slightly volatile
Current Ratio2.611.881.7024
Pretty Stable
Tangible Book Value Per Share11.5911.046.9777
Slightly volatile
Receivables Turnover5.647.377.9183
Very volatile
Graham Number35.9834.2621.8404
Slightly volatile
Shareholders Equity Per Share13.6713.028.956
Slightly volatile
Debt To Equity0.210.150.319
Slightly volatile
Capex Per Share1.611.541.2032
Slightly volatile
Average Receivables56.9 M66.3 M69 M
Very volatile
Revenue Per Share43.8941.829.5281
Slightly volatile
Interest Debt Per Share2.322.113.3901
Slightly volatile
Debt To Assets0.110.07940.1507
Slightly volatile
Enterprise Value Over EBITDA10.8310.325.8239
Slightly volatile
Price Earnings Ratio18.1617.2911.2983
Slightly volatile
Operating Cycle59.9751.2548.4271
Slightly volatile
Price Book Value Ratio5.595.332.9793
Slightly volatile
Days Of Payables Outstanding15.0511.0511.3098
Very volatile
Dividend Payout Ratio1.031.161.2619
Slightly volatile
Pretax Profit Margin0.07780.110.0992
Slightly volatile
Ebt Per Ebit0.941.281.4525
Pretty Stable
Operating Profit Margin0.07450.110.0899
Very volatile
Effective Tax Rate0.390.230.2941
Slightly volatile
Company Equity Multiplier1.221.651.7062
Pretty Stable
Long Term Debt To Capitalization0.03520.03960.0431
Slightly volatile
Total Debt To Capitalization0.170.130.2311
Slightly volatile
Return On Capital Employed0.230.320.2802
Pretty Stable
Debt Equity Ratio0.210.150.319
Slightly volatile
Ebit Per Revenue0.07450.110.0899
Very volatile
Quick Ratio2.591.881.6813
Slightly volatile
Net Income Per E B T0.520.720.6971
Slightly volatile
Cash Ratio0.70.660.4942
Slightly volatile
Cash Conversion Cycle46.2640.2137.2017
Pretty Stable
Days Of Inventory Outstanding0.00.02.242
Slightly volatile
Days Of Sales Outstanding58.8251.2546.96
Pretty Stable
Price To Book Ratio5.595.332.9793
Slightly volatile
Fixed Asset Turnover10.48.328.1245
Slightly volatile
Enterprise Value Multiple10.8310.325.8239
Slightly volatile
Debt Ratio0.110.07940.1507
Slightly volatile
Price Sales Ratio1.741.660.9049
Slightly volatile
Return On Assets0.110.150.1351
Pretty Stable
Asset Turnover2.492.012.0264
Slightly volatile
Net Profit Margin0.0510.08630.0705
Slightly volatile
Gross Profit Margin0.170.190.2059
Very volatile
Price Fair Value5.595.332.9793
Slightly volatile
Return On Equity0.170.280.237
Slightly volatile

CorVel Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap314.7 M299.7 M309.2 M
Slightly volatile
Enterprise Value316.4 M301.4 M311 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 Revenue34.5 M53.3 M
Total Revenue914.6 M960.3 M
Cost Of Revenue717.2 M753 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.08 
Capex To Revenue 0.04  0.05 
Revenue Per Share 41.80  43.89 
Ebit Per Revenue 0.11  0.07 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
1.54
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.