CorVel Pretax Profit Margin vs Operating Profit Margin Analysis

CRVL Stock  USD 115.15  0.56  0.48%   
CorVel Corp financial indicator trend analysis is way more than just evaluating CorVel Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CorVel Corp is a good investment. Please check the relationship between CorVel Corp Pretax Profit Margin and its Operating Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Pretax Profit Margin vs Operating Profit Margin

Pretax Profit Margin vs Operating Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CorVel Corp Pretax Profit Margin account and Operating Profit Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between CorVel Corp's Pretax Profit Margin and Operating Profit Margin is 0.69. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of CorVel Corp, assuming nothing else is changed. The correlation between historical values of CorVel Corp's Pretax Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of CorVel Corp are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Pretax Profit Margin i.e., CorVel Corp's Pretax Profit Margin and Operating Profit Margin go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Pretax Profit Margin

Operating Profit Margin

Most indicators from CorVel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CorVel Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.At this time, CorVel Corp's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 10.83 this year, although the value of Tax Provision will most likely fall to about 17.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit158.3M171.7M197.4M207.3M
Total Revenue718.6M795.3M914.6M960.3M

CorVel Corp fundamental ratios Correlations

-0.310.170.990.980.92-0.630.970.540.930.93-0.290.930.91-0.010.520.78-0.920.980.840.98-0.030.61-0.380.20.59
-0.31-0.46-0.41-0.26-0.220.24-0.360.28-0.4-0.1-0.13-0.4-0.170.540.01-0.240.36-0.35-0.47-0.40.470.380.360.750.46
0.17-0.460.210.180.01-0.350.210.010.26-0.010.250.260.12-0.18-0.170.12-0.160.150.220.24-0.19-0.14-0.44-0.18-0.11
0.99-0.410.210.980.87-0.660.990.50.920.88-0.20.920.92-0.050.410.76-0.940.960.850.99-0.050.54-0.40.140.54
0.98-0.260.180.980.85-0.710.980.540.920.88-0.160.920.950.050.380.82-0.910.940.850.990.040.6-0.40.260.64
0.92-0.220.010.870.85-0.360.840.530.820.98-0.570.820.74-0.050.790.64-0.830.960.710.85-0.090.66-0.260.170.52
-0.630.24-0.35-0.66-0.71-0.36-0.64-0.24-0.79-0.4-0.26-0.79-0.580.120.1-0.560.61-0.54-0.43-0.72-0.22-0.360.27-0.22-0.4
0.97-0.360.210.990.980.84-0.640.540.870.87-0.140.870.950.010.350.78-0.940.940.880.98-0.010.55-0.410.20.59
0.540.280.010.50.540.53-0.240.540.340.63-0.20.340.640.150.340.35-0.520.520.380.470.00.75-0.220.70.86
0.93-0.40.260.920.920.82-0.790.870.340.8-0.231.00.76-0.160.450.76-0.820.910.740.95-0.030.48-0.340.060.42
0.93-0.1-0.010.880.880.98-0.40.870.630.8-0.510.80.810.080.740.67-0.840.950.720.86-0.030.75-0.270.320.66
-0.29-0.130.25-0.2-0.16-0.57-0.26-0.14-0.2-0.23-0.51-0.23-0.070.09-0.830.030.2-0.41-0.06-0.180.14-0.3-0.03-0.04-0.13
0.93-0.40.260.920.920.82-0.790.870.341.00.8-0.230.76-0.160.450.76-0.820.910.740.95-0.030.48-0.340.060.42
0.91-0.170.120.920.950.74-0.580.950.640.760.81-0.070.760.210.250.77-0.850.840.850.910.020.57-0.430.340.7
-0.010.54-0.18-0.050.05-0.050.120.010.15-0.160.080.09-0.160.21-0.020.040.13-0.07-0.01-0.060.040.34-0.120.50.38
0.520.01-0.170.410.380.790.10.350.340.450.74-0.830.450.25-0.020.28-0.370.630.320.39-0.270.52-0.110.070.27
0.78-0.240.120.760.820.64-0.560.780.350.760.670.030.760.770.040.28-0.630.720.910.80.040.27-0.260.050.39
-0.920.36-0.16-0.94-0.91-0.830.61-0.94-0.52-0.82-0.840.2-0.82-0.850.13-0.37-0.63-0.9-0.75-0.92-0.06-0.590.32-0.23-0.56
0.98-0.350.150.960.940.96-0.540.940.520.910.95-0.410.910.84-0.070.630.72-0.90.810.95-0.10.6-0.360.130.52
0.84-0.470.220.850.850.71-0.430.880.380.740.72-0.060.740.85-0.010.320.91-0.750.810.86-0.190.23-0.44-0.080.34
0.98-0.40.240.990.990.85-0.720.980.470.950.86-0.180.950.91-0.060.390.8-0.920.950.86-0.040.51-0.420.130.52
-0.030.47-0.19-0.050.04-0.09-0.22-0.010.0-0.03-0.030.14-0.030.020.04-0.270.04-0.06-0.1-0.19-0.040.160.550.460.25
0.610.38-0.140.540.60.66-0.360.550.750.480.75-0.30.480.570.340.520.27-0.590.60.230.510.16-0.120.780.88
-0.380.36-0.44-0.4-0.4-0.260.27-0.41-0.22-0.34-0.27-0.03-0.34-0.43-0.12-0.11-0.260.32-0.36-0.44-0.420.55-0.120.11-0.17
0.20.75-0.180.140.260.17-0.220.20.70.060.32-0.040.060.340.50.070.05-0.230.13-0.080.130.460.780.110.86
0.590.46-0.110.540.640.52-0.40.590.860.420.66-0.130.420.70.380.270.39-0.560.520.340.520.250.88-0.170.86
Click cells to compare fundamentals

CorVel Corp Account Relationship Matchups

CorVel Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets424.8M415.2M393.9M454.7M522.9M549.0M
Short Long Term Debt Total41.9M43.1M23.9M31.4M28.3M30.1M
Other Current Liab57.1M48.0M35.7M159.0M143.1M150.3M
Total Current Liabilities162.5M171.4M167.9M184.5M212.2M222.8M
Total Stockholder Equity220.4M212.4M202.2M247.6M284.8M299.0M
Property Plant And Equipment Net115.9M111.3M110.5M110.0M126.4M132.8M
Net Debt(97.8M)(54.4M)(47.5M)(74.2M)(66.7M)(63.4M)
Retained Earnings598.9M665.3M731.7M807.9M929.1M975.6M
Accounts Payable12.4M14.1M15.1M16.4M18.9M10.6M
Cash139.7M97.5M71.3M105.6M121.4M127.5M
Non Current Assets Total155.8M150.3M150.2M152.4M175.3M184.1M
Non Currrent Assets Other345K(21.6M)1.4M1.3M1.2M1.2M
Cash And Short Term Investments139.7M97.5M71.3M105.6M121.4M127.5M
Net Receivables64.7M82.6M81.0M97.1M111.7M117.3M
Common Stock Shares Outstanding18.2M18.1M17.6M17.3M15.6M24.8M
Liabilities And Stockholders Equity424.8M415.2M393.9M454.7M522.9M549.0M
Non Current Liabilities Total41.9M31.5M23.9M22.5M25.9M27.2M
Other Current Assets64.5M12.8M9.6M99.6M114.5M120.2M
Other Stockholder Equity(378.5M)(452.9M)(529.5M)(560.3M)(504.2M)(479.0M)
Total Liab204.4M202.9M191.7M207.0M238.1M250.0M
Property Plant And Equipment Gross115.9M111.3M110.5M332.9M382.9M402.0M
Total Current Assets268.9M265.0M243.8M302.2M347.6M364.9M
Short Term Debt12.8M13.3M9.9M8.9M10.2M14.0M
Other Assets1.3M958K481K1.00.90.86
Intangible Assets2.1M1.7M1.2M821K738.9K702.0K
Property Plant Equipment75.9M88.0M76.3M82.8M95.2M50.3M
Current Deferred Revenue79.0M95.6M107M30.0M34.5M53.3M
Inventory(7.2M)1.02.0(91.3B)(82.2B)(78.1B)
Net Tangible Assets150.4M153.6M173.9M164.1M188.7M130.5M
Retained Earnings Total Equity552.5M598.9M665.3M731.7M841.4M513.9M
Capital Surpluse168.9M185.9M201.6M218.7M251.5M165.0M
Net Invested Capital220.4M212.4M202.2M247.6M284.8M226.0M
Net Working Capital106.5M93.6M75.9M117.7M135.4M99.5M

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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
1.57
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.