CorVel Corp

CorVel Corp

CRVL · NASDAQ · Financial Services / Insurance Brokers

85.69USD-0.81 (-0.94%)

Price History

Full chart

Market Stats

Previous Close86.50
Open86.29
Day Range85.65 – 87.31
52-Week Range44.83 – 79.43
Volume117.70K
Market Cap3.75B
P/E (TTM)33.04
Forward P/E23.75
EPS2.25
Dividend Yield0.00%
Beta0.97
50-Day Avg66.23
200-Day Avg61.23

About

CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing; preferred provider management and reimbursement; retrospective utilization, facility claim, and professional review; pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management customers, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.

Company Details

  • SectorFinancial Services
  • IndustryInsurance Brokers
  • CEOMs. Sarah Scott
  • Employees5.24K
  • Headquarters5128 Apache Plume Road, Fort Worth, TX, United States, 76109, USA
  • Websitehttps://www.corvel.com

Leadership

  • Mr. Michael G. CombsExecutive Chair · b. 1964
  • Mr. Brian S. NicholsChief Financial Officer · b. 1981
  • Ms. Jennifer L. YossVice President of Accounting · b. 1978
  • Mr. Maxim ShishinChief Information Officer · b. 1975
  • Mr. Mark E. BertelsExecutive Vice President of Risk Management Services · b. 1963
  • Ms. Sarah ScottPresident & CEO · b. 1977
  • Ms. Sharon F. O'ConnorVice President of Legal Services
  • Melissa StoranVice President of Marketing
  • Jason WheelerVice President of Sales & Account Management
  • Mr. Jeffrey D. GurtcheffChief Claims Officer

Financials

Income Statement

Currency: USD1991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue28.90M46.90M61.80M80.60M95.80M109.10M121.70M141.71M165.46M186.76M209.55M235.91M282.78M305.28M291.00M266.50M274.58M301.89M310.08M337.97M380.67M412.67M429.31M478.82M492.63M503.58M518.69M558.35M595.74M592.23M552.64M646.23M718.56M795.31M895.59M958.53M
Growth (%)-+62.28%+31.77%+30.42%+18.86%+13.88%+11.55%+16.44%+16.76%+12.88%+12.20%+12.58%+19.87%+7.96%-4.68%-8.42%+3.03%+9.95%+2.71%+9.00%+12.63%+8.41%+4.03%+11.53%+2.88%+2.22%+3.00%+7.65%+6.70%-0.59%-6.68%+16.93%+11.19%+10.68%+12.61%+7.03%
Cost of Revenue24.70M38.80M51.70M64.90M76.60M85.90M95.10M110.30M129.80M145.75M172.01M193.22M230.95M253.85M246.34M221.06M208.75M223.83M236.33M252.43M284.10M318.83M337.65M370.33M392.66M399.04M413.89M451.10M470.93M466.30M429.02M494.12M560.30M623.62M685.86M725.66M
Gross Profit4.20M8.10M10.10M15.70M19.20M23.20M26.60M31.41M35.66M41.02M37.54M42.69M51.83M51.43M44.66M45.44M65.83M78.06M73.74M85.54M96.57M93.84M91.66M108.48M99.97M104.54M104.79M107.25M124.81M125.92M123.62M152.11M158.26M171.69M209.73M232.86M
Gross Margin14.53%17.27%16.34%19.48%20.04%21.26%21.86%22.16%21.55%21.96%17.92%18.09%18.33%16.85%15.35%17.05%23.98%25.86%23.78%25.31%25.37%22.74%21.35%22.66%20.29%20.76%20.20%19.21%20.95%21.26%22.37%23.54%22.02%21.59%23.42%24.29%
Operating Expense3.10M5.40M6.00M8.50M9.60M11.10M12.80M16.30M18.90M21.72M16.39M18.78M25.08M26.07M28.14M29.59M35.38M39.72M42.13M42.06M59.17M50.41M47.77M51.97M54.41M58.48M57.24M59.35M63.30M65.21M64.45M67.60M73.70M76.59M88.90M89.73M
Operating Income1.10M2.70M4.10M7.20M9.60M12.10M13.80M15.11M16.76M19.30M21.16M23.90M26.75M25.37M16.52M15.85M30.45M38.34M31.61M43.48M37.40M43.44M43.90M56.51M45.56M46.06M47.55M47.90M61.51M60.71M59.17M84.51M84.55M95.10M120.82M143.13M
Operating Margin3.81%5.76%6.63%8.93%10.02%11.09%11.34%10.66%10.13%10.34%10.10%10.13%9.46%8.31%5.68%5.95%11.09%12.70%10.19%12.87%9.83%10.53%10.22%11.80%9.25%9.15%9.17%8.58%10.33%10.25%10.71%13.08%11.77%11.96%13.49%14.93%
EBITDA1.80M3.80M5.20M9.60M12.00M15.10M18.00M20.41M23.06M26.27M27.91M32.32M36.09M35.32M27.60M26.79M40.57M50.11M43.39M55.47M49.65M58.16M59.63M72.92M63.56M66.01M68.50M69.68M84.50M83.23M82.61M108.43M109.67M121.35M150.36M174.90M
EBITDA Margin6.23%8.10%8.41%11.91%12.53%13.84%14.79%14.40%13.94%14.06%13.32%13.70%12.76%11.57%9.48%10.05%14.78%16.60%13.99%16.41%13.04%14.09%13.89%15.23%12.90%13.11%13.21%12.48%14.18%14.05%14.95%16.78%15.26%15.26%16.79%18.25%
Net Income700.00K1.60M2.50M4.40M5.90M7.30M8.50M9.50M10.40M11.97M13.22M14.82M16.58M16.01M10.16M9.75M18.58M23.38M19.28M26.10M24.66M26.55M26.73M34.39M28.59M28.52M29.48M35.70M46.70M47.38M46.36M66.41M66.36M76.25M95.17M110.34M
Net Income Margin2.42%3.41%4.05%5.46%6.16%6.69%6.98%6.70%6.29%6.41%6.31%6.28%5.86%5.25%3.49%3.66%6.77%7.75%6.22%7.72%6.48%6.43%6.23%7.18%5.80%5.66%5.68%6.39%7.84%8.00%8.39%10.28%9.24%9.59%10.63%11.51%
R&D---------------------0000000--------
R&D as % of Total Revenue---------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense0000000000000000000000000000022.52M23.44M23.92M25.12M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.80%4.24%3.70%3.50%---

Balance Sheet

Currency: USD1991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets11.90M23.70M25.30M34.60M44.00M54.00M58.80M60.50M68.70M71.19M77.56M80.30M96.24M106.31M105.70M100.10M113.77M140.57M141.21M140.37M164.22M171.88M182.38M214.48M211.57M220.27M235.38M274.00M318.02M416.26M424.76M415.25M393.92M454.68M545.98M642.99M
Total Liabilities3.20M7.40M4.90M7.30M8.20M8.70M12.70M14.70M15.50M15.89M18.85M19.31M29.02M28.69M32.10M32.06M34.57M44.20M44.91M44.64M64.59M61.50M70.98M87.96M83.65M88.32M96.74M102.83M123.21M226.55M204.36M202.85M191.75M207.03M223.99M248.75M
Total Equity8.70M16.30M20.40M27.30M35.80M45.30M46.10M45.80M53.20M55.29M58.72M60.98M67.22M77.62M73.59M68.04M79.20M96.38M96.30M95.73M99.64M110.38M111.40M126.52M127.92M131.95M138.65M171.18M194.81M189.71M220.40M212.40M202.18M247.65M321.99M394.23M
Cash300.00K5.90M3.50M8.40M13.20M17.10M15.70M8.40M9.10M5.64M9.46M12.60M5.91M8.64M8.95M14.21M15.02M17.91M14.68M10.24M12.27M6.60M19.82M34.87M25.52M32.78M28.61M55.77M91.71M83.22M139.72M97.50M71.33M105.56M170.58M233.07M
Total Debt600.00K----------------------------98.32M54.66M43.14M33.76M31.40M28.08M28.11M
Net Debt300.00K-5.90M-3.50M-8.40M-13.20M-17.10M-15.70M-8.40M-9.10M-5.64M-9.46M-12.60M-5.91M-8.64M-8.95M-14.21M-15.02M-17.91M-14.68M-10.24M-12.27M-6.60M-19.82M-34.87M-25.52M-32.78M-28.61M-55.77M-91.71M15.10M-85.05M-54.36M-37.57M-74.17M-142.50M-204.97M

Cash Flow

Currency: USD1991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-200.00K300.00K300.00K6.80M6.50M7.20M12.10M11.30M10.20M12.72M23.77M26.58M22.25M25.69M26.36M28.74M29.99M37.27M31.31M38.29M48.65M36.21M54.82M54.80M44.32M51.31M52.05M62.15M78.64M80.83M94.38M67.22M82.29M99.24M127.31M155.64M
Investing Cash Flow-1.10M-100.00K-4.30M-4.40M-4.20M-5.60M-5.80M-8.70M-6.60M-6.24M-10.15M-10.88M-17.32M-17.35M-11.64M-7.75M-20.50M-29.34M-13.85M-12.27M-19.74M-23.26M-14.89M-18.34M-24.27M-17.36M-31.01M-27.69M-15.27M-32.36M-17.24M-29.82M-26.32M-29.24M-35.76M-45.36M
Financing Cash Flow1.50M5.40M1.50M2.60M2.50M2.20M-7.70M-9.80M-3.00M-9.89M-9.80M-12.56M-11.61M-7.65M-14.41M-15.73M-8.67M-5.03M-20.69M-28.77M-26.88M-18.62M-26.71M-21.41M-29.40M-26.69M-25.21M-7.30M-27.42M-56.96M-20.64M-79.61M-82.14M-35.76M-26.54M-47.80M
Capital Expenditure1.20M2.50M4.30M4.40M4.20M5.60M5.80M8.70M6.60M6.24M10.15M10.88M13.93M13.12M11.56M7.75M8.53M14.76M10.48M11.67M18.50M23.21M14.89M18.34M22.87M16.76M31.04M27.69M15.27M32.36M17.24M29.82M26.32M29.24M35.76M45.36M
Free Cash Flow-1.40M-2.20M-4.00M2.40M2.30M1.60M6.30M2.60M3.60M6.48M13.61M15.70M8.32M12.57M14.79M20.99M21.46M22.51M20.82M26.62M26.56M12.46M39.93M36.46M21.45M34.55M21.01M34.46M63.37M48.47M77.14M37.40M55.97M70.00M91.56M110.28M
Dividends Paid900.00K--------------------0000000--------
FCF to OCF700.00%-733.33%-1333.33%35.29%35.38%22.22%52.07%23.01%35.29%50.94%57.27%59.08%37.39%48.92%56.14%73.02%71.55%60.40%66.52%69.52%54.59%34.41%72.84%66.53%48.40%67.34%40.37%55.45%80.58%59.96%81.73%55.64%68.01%70.54%71.92%70.86%
Dividend Paid to FCF-64.29%--------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateJan 20, 1993May 10, 1993Jul 12, 1993Oct 18, 1993Jan 19, 1994May 10, 1994Jul 22, 1994Oct 20, 1994Jan 23, 1995May 10, 1995Jul 20, 1995Oct 23, 1995Jan 22, 1996May 8, 1996Jul 23, 1996Oct 22, 1996Jan 22, 1997May 9, 1997Jul 23, 1997Oct 24, 1997Jan 22, 1998May 11, 1998Jul 22, 1998Oct 22, 1998Jan 21, 1999May 11, 1999Jul 22, 1999Oct 21, 1999Jan 20, 2000May 11, 2000Jul 20, 2000Oct 23, 2000Jan 22, 2001May 14, 2001Jul 19, 2001Oct 18, 2001Jan 22, 2002May 8, 2002Jul 18, 2002Oct 22, 2002Jan 23, 2003May 8, 2003Jul 23, 2003Oct 23, 2003Jan 22, 2004May 11, 2004Jul 22, 2004Oct 26, 2004Jan 25, 2005May 10, 2005Jul 26, 2005Nov 7, 2005Feb 7, 2006Jun 1, 2006Aug 10, 2006Nov 8, 2006Feb 8, 2007Jun 7, 2007Aug 8, 2007Oct 30, 2007Feb 5, 2008Jun 10, 2008Aug 5, 2008Nov 4, 2008Feb 3, 2009Jun 4, 2009Aug 4, 2009Nov 3, 2009Feb 2, 2010Jun 8, 2010Aug 3, 2010Nov 2, 2010Feb 1, 2011Jun 30, 2011Aug 2, 2011Nov 1, 2011Jan 31, 2012Jun 30, 2012Jul 31, 2012Oct 30, 2012Jan 29, 2013Jun 30, 2013Jul 30, 2013Oct 29, 2013Jan 28, 2014May 29, 2014Jul 29, 2014Oct 28, 2014Feb 3, 2015Jun 2, 2015Aug 4, 2015Nov 3, 2015Feb 2, 2016Jun 2, 2016Aug 2, 2016Nov 1, 2016Jan 31, 2017Jun 1, 2017Aug 1, 2017Oct 31, 2017Jan 30, 2018May 31, 2018Jul 31, 2018Oct 30, 2018Feb 5, 2019May 30, 2019Jul 30, 2019Nov 5, 2019Feb 4, 2020May 27, 2020Aug 4, 2020Nov 3, 2020Feb 2, 2021May 27, 2021Aug 3, 2021Nov 2, 2021Feb 1, 2022May 26, 2022Aug 2, 2022Nov 1, 2022Jan 31, 2023May 25, 2023Aug 1, 2023Oct 31, 2023Jan 30, 2024May 22, 2024Jul 30, 2024Nov 4, 2024Jan 27, 2025May 22, 2025Jul 28, 2025Nov 4, 2025Dec 31, 2025Mar 31, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate0.020.020.020.020.030.030.030.030.040.040.040.040.050.050.050.050.050.050.060.060.060.060.070.070.070.070.030.030.030.090.030.030.030.100.100.020.020.120.040.040.040.04----0.110.040.030.020.020.020.030.030.120.040.03--------------0.110.10-0.110.110.13-0.090.100.10-0.120.130.130.410.160.160.14----------------------------------------0.00-0.00----
EPS Actual0.020.020.020.030.030.030.030.030.040.040.040.040.040.050.050.050.050.050.060.060.060.060.070.070.070.070.030.030.030.090.030.030.030.100.100.040.040.110.040.040.040.040.040.050.040.030.110.030.010.030.030.020.020.040.160.060.050.060.070.070.070.070.070.060.060.050.080.080.090.090.110.100.090.350.120.110.080.290.100.100.090.400.130.140.140.390.130.120.110.340.410.340.340.380.350.360.421.510.460.470.340.470.620.670.540.630.710.690.500.640.460.650.630.810.920.880.761.090.940.830.961.041.141.150.991.121.251.350.460.510.520.540.470.600.63-
Surprise0.00%0.00%0.00%50.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-20.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%100.00%100.00%-8.33%0.00%0.00%0.00%0.00%----0.00%-25.00%-66.67%50.00%50.00%0.00%-33.33%33.33%33.33%50.00%66.67%---------------9.09%-10.00%-9.09%0.00%-38.46%-11.11%0.00%-10.00%-8.33%7.69%7.69%-5.80%-18.75%-25.00%-21.43%-----------------------------------------------
Timing--------------------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market--Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-market------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market--------------Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market------Pre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hours-Pre-marketPre-market--Pre-marketPre-market

Key Statistics & Ratios

Market Cap3.75B
Enterprise Value3.47B
Trailing P/E33.04
Forward P/E23.75
PEG Ratio0.00
Price / Sales3.82
Price / Book9.10
EPS2.25
Book Value8.08
Revenue (TTM)983.74M
Gross Profit (TTM)243.90M
EBITDA184.13M
Profit Margin11.72%
Operating Margin16.67%
Return on Equity30.70%
Return on Assets14.68%
Shares Outstanding50.52M
Shares Float30.86M
Beta0.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
56.15%
Insiders
38.91%
Retail / Other
4.94%

Top Institutional Holders

  • BlackRock Inc
    4.88M9.56%
  • Kayne Anderson Rudnick Investment Management LLC
    4.87M9.55%
  • Vanguard Portfolio Management, LLC
    1.69M3.32%
  • Renaissance Technologies Corp
    1.62M3.17%
  • Vanguard Capital Management, LLC
    1.30M2.54%
  • State Street Corp
    1.21M2.37%
  • Dimensional Fund Advisors, Inc.
    1.14M2.23%
  • Geode Capital Management, LLC
    937.55K1.84%
  • Morgan Stanley - Brokerage Accounts
    694.91K1.36%
  • Wells Fargo & Co
    461.92K0.91%
  • BTIM Corp
    415.01K0.81%
  • Owls Nest Partners IA, LLC
    407.67K0.80%
  • Algert Global LLC
    383.42K0.75%
  • Northern Trust Corp
    379.60K0.74%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.90M3.73%
  • Vanguard MStar Total Stk Mkt Idx Invest
    894.22K1.75%
  • Virtus KAR Small-Cap Core I
    787.87K1.54%
  • iShares Russell 2000 ETF
    752.93K1.48%
  • Vanguard Small Cap Index
    640.16K1.25%
  • Vanguard MStar Small Cap Growth Indx Inv
    367.50K0.72%

Stock Splits

  • Dec 26, 2024959692:319897
  • Jun 27, 20132:1
  • Dec 11, 20063:2
  • Sep 4, 20013:2
  • Jun 15, 19992:1