CorVel Corporation(CRVL) Stock Research - Grey Stern Research

CorVel Corporation (CRVL) Stock Analysis

$110.61 (0.39%)

CRVL Financial Performance


Use the table below to view CorVel Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $110.61 -
52 Week Low $74.63 -
52 Week High $127.24 -
Market Cap $5.7 Billion 5/11
Gross Margin 23% 11/11
Profit Margin 10% 4/11
EBITDA margin 13% 5/11
Q2 - 2024 Revenue $224.4 Million 8/11
Q2 - 2024 Earnings $23.4 Million 4/11
Q2 - 2024 Free Cash Flow $12.4 Million 6/11
Trailing 4 Quarters Revenue $779.5 Million 8/11
Trailing 4 Quarters Earnings $78.2 Million 4/11
Quarterly Earnings Growth 3016% 1/11
Annual Earnings Growth 54% 2/11
Quarterly Revenue Growth 0% 8/11
Annual Revenue Growth 47% 2/11
Cash On Hand $138.3 Million 5/11
Short Term Debt $0 9/11
Long Term Debt $0 9/11

CorVel Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare CorVel Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 72.65 1/11
PS 7.29 1/11
PB 20.10 1/11
PC 41.08 2/11
Liabilities to Equity 0.83 8/11
ROA 0.15 2/11
ROE 0.28 2/11
Current Ratio 2.20 4/11
Quick Ratio 0.59 2/11
Long Term Debt to Equity 0.00 9/11
Debt to Equity 0.00 10/11
Burn Rate -5.91 9/11
Cash to Cap 0.02 10/11
CCR 0.53 6/11
EV to EBITDA 193.39 1/11
EV to Revenue 7.11 1/11

Company Details

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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. 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 offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, 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 was incorporated in 1987 and is headquartered in Fort Worth, Texas.

CEO: Mr. Michael Combs

Website: https://www.corvel.com

Address: 2010 Main St Ste 1020 Irvine, CALIFORNIA

Exchange: NASDAQ Global Select

Industry: Insurance Brokers

CorVel Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to CorVel Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Brown & Brown, Inc. BRO $29.6 Billion
Fanhua Inc. FANH $86.8 Million
Arthur J. Gallagher & Co. AJG $72.5 Billion
Erie Indemnity Company ERIE $18.5 Billion
eHealth, Inc. EHTH $288.6 Million
Crawford & Company CRD-A $591.5 Million
Crawford & Company CRD-B $587.3 Million
Huize Holding Limited HUIZ $591.2 Million
BRP Group, Inc. BRP $2.2 Billion
Willis Towers Watson Public Limited Company WTW $31.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CRVL Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 224.4 Million $23.4 Million
Q1 2024 $ 190.3 Million $19.8 Million
Q4 2023 $ 185.4 Million $18.2 Million
Q3 2023 $ 179.4 Million $16.8 Million
Q2 2023 $ 0 $751,000
Q1 2023 $ 176.3 Million $16.7 Million
Q4 2022 $ 171.4 Million $19.6 Million
Q3 2022 $ 164.5 Million $13.9 Million

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CRVL Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $138.3 Million $518.6 Million $0 $282.8 Million
Q1 2024 $86.6 Million $417.6 Million $22.9 Million $207.0 Million
Q4 2023 $71.3 Million $393.9 Million $33.8 Million $202.2 Million
Q3 2023 $78.0 Million $407.7 Million $36.5 Million $194.8 Million
Q2 2023 $75.6 Million $399.9 Million $25.4 Million $197.8 Million
Q1 2023 $94.3 Million $415.7 Million $27.3 Million $205.6 Million
Q4 2022 $97.5 Million $415.2 Million $29.8 Million $212.4 Million
Q3 2022 $115.5 Million $423.7 Million $38.2 Million $214.9 Million

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CRVL Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $12.4 Million -$9.9 Million $6.4 Million
Q1 2024 $31.6 Million -$5.0 Million $15.3 Million
Q4 2023 $5.6 Million -$7.2 Million -$6.7 Million
Q3 2023 $24.0 Million -$5.8 Million $2.4 Million
Q2 2023 $26.4 Million -$13.4 Million -$18.7 Million
Q1 2023 $21.6 Million -$8.4 Million -$3.2 Million
Q4 2022 -$18.0 Million $327,000 -$18.0 Million
Q3 2022 $32.0 Million -$18.4 Million -$15.5 Million

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