Corvel Corp Stock Net Income
| CRVL Stock | USD 360.19 4.96 1.40% |
CorVel Corp fundamentals help investors to digest information that contributes to CorVel Corp's financial success or failures. It also enables traders to predict the movement of CorVel Stock. The fundamental analysis module provides a way to measure CorVel Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CorVel Corp stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 76.3 M | 80.1 M | |
| Net Income Applicable To Common Shares | 76.3 M | 80.1 M | |
| Net Income From Continuing Ops | 76.3 M | 47.3 M | |
| Net Income Per Share | 4.45 | 4.68 | |
| Net Income Per E B T | 0.80 | 0.52 |
CorVel | Net Income |
CorVel Corp Company Net Income Analysis
CorVel Corp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current CorVel Corp Net Income | 76.25 M |
Most of CorVel Corp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CorVel Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CorVel Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for CorVel Corp is extremely important. It helps to project a fair market value of CorVel Stock properly, considering its historical fundamentals such as Net Income. Since CorVel Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CorVel Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CorVel Corp's interrelated accounts and indicators.
CorVel Net Income Historical Pattern
Today, most investors in CorVel Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CorVel Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CorVel Corp net income as a starting point in their analysis.
CorVel Corp Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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CorVel Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, CorVel Corp reported net income of 76.25 M. This is 94.03% lower than that of the Health Care Providers & Services sector and 85.59% lower than that of the Health Care industry. The net income for all United States stocks is 86.65% higher than that of the company.
CorVel Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CorVel Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CorVel Corp could also be used in its relative valuation, which is a method of valuing CorVel Corp by comparing valuation metrics of similar companies.CorVel Corp is currently under evaluation in net income category among its peers.
CorVel Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CorVel Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CorVel Corp's managers, analysts, and investors.Environmental | Governance | Social |
CorVel Corp Institutional Holders
Institutional Holdings refers to the ownership stake in CorVel Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CorVel Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CorVel Corp's value.| Shares | Wells Fargo & Co | 2024-06-30 | 168.1 K | Northern Trust Corp | 2024-09-30 | 122.2 K | Norges Bank | 2024-06-30 | 94.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 86.2 K | Amvescap Plc. | 2024-06-30 | 79.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 73.6 K | Raymond James & Associates | 2024-09-30 | 60.4 K | Hhg Plc | 2024-06-30 | 46.7 K | Assenagon Asset Management Sa | 2024-09-30 | 46.5 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 1.9 M | Blackrock Inc | 2024-06-30 | 1.5 M |
CorVel Fundamentals
| Return On Equity | 0.32 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 6.03 B | ||||
| Shares Outstanding | 17.13 M | ||||
| Shares Owned By Insiders | 46.43 % | ||||
| Shares Owned By Institutions | 54.38 % | ||||
| Number Of Shares Shorted | 364.38 K | ||||
| Price To Earning | 64.27 X | ||||
| Price To Book | 21.70 X | ||||
| Price To Sales | 7.26 X | ||||
| Revenue | 795.31 M | ||||
| Gross Profit | 152.11 M | ||||
| EBITDA | 121.35 M | ||||
| Net Income | 76.25 M | ||||
| Cash And Equivalents | 94.31 M | ||||
| Cash Per Share | 5.42 X | ||||
| Total Debt | 31.4 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.44 X | ||||
| Book Value Per Share | 16.50 X | ||||
| Cash Flow From Operations | 99.24 M | ||||
| Short Ratio | 13.09 X | ||||
| Earnings Per Share | 4.65 X | ||||
| Number Of Employees | 4.87 K | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 6.14 B | ||||
| Total Asset | 454.68 M | ||||
| Retained Earnings | 807.92 M | ||||
| Working Capital | 117.73 M | ||||
| Current Asset | 123.11 M | ||||
| Current Liabilities | 80.42 M | ||||
| Net Asset | 454.68 M |
About CorVel Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CorVel Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CorVel Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CorVel Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 4.65 | 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.