CorVel Corp. CRVL

74.33 0.60 0.81% as of 25 Sep
Market cap
$3.7B
P/E
33.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 21.25
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 3 — — 1 2 — 1 5 — 2 3
Insider Ownership 39.26%

Capital & Financial Ratios

Market Cap 3,720.00
Revenue 983.74
Net Income 115.33
Free Cash Flow 113.82
Net Debt (255.88)
Current Ratio 1.94
Debt/Equity 0.00
P/E ratio 33.04
P/S ratio 3.84
P/B ratio 9.24
Past 5Y EPS Growth 16.61%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2024 2025 2026 Q'26
Cash 106 171 233 256
Receivables 97 104 101 111
Inventory — — — —
Other 88 101 116 127
302 387 462 505
2024 2025 2026 Q'26
Payables 17 17 25 30
ST’ Debt — — — —
Other — — — —
184 204 228 260
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 6.65% 11.64% 10.08%
Cash Flow 11.74% 10.52% 23.67%
Earnings 14.49% 18.94% 18.47%
Book Value 11.57% 12.33% 24.93%

Revenue

Jun Sep Dec Mar Year
’26 260 — — — —
’26 235 240 236 249 959
’25 212 224 228 232 896
’24 190 196 202 207 795
’23 176 177 179 185 719
’22 153 158 165 171 646
’21 130 136 142 146 553
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Jun Sep Dec Mar Year
’26 50 — — — —
’26 55 25 46 29 156
’25 40 22 42 23 127
’24 37 18 29 15 99
’23 30 10 30 13 82
’22 14 21 15 17 67
’21 15 24 34 21 94
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Jun Sep Dec Mar Year
’26 43 — — — —
’26 40 15 35 20 110
’25 33 12 32 14 92
’24 32 11 22 5 70
’23 22 5 24 6 56
’22 8 16 8 5 37
’21 12 21 28 17 77
in millions of $ · fiscal quarters ending in the months shown

EPS

Jun Sep Dec Mar Year
’26 0.63 — — — —
’26 0.52 0.54 0.47 0.61 2.14
’25 0.42 0.45 0.46 0.51 1.83
’24 0.38 0.38 0.33 0.37 1.47
’23 0.31 0.28 0.32 0.35 1.26
’22 0.31 0.29 0.25 0.36 1.22
’21 0.15 0.22 0.21 0.27 0.85
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
12.00 15.48 20.18 14.89 32.46 43.06 46.59 74.63 66.49 44.83

Analyst estimates 2027–2029

Powerpack
Low Price
20.40 23.58 31.32 35.62 71.13 70.36 85.20 127.24 128.61 75.00
High Price
3,629 3,788 3,904 3,824 3,681 4,233 4,444 4,870 5,075 5,239
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
519 558 596 592 553 646 719 795 896 959
Revenue
20.20% 19.21% 20.95% 21.26% 22.37% 23.54% 22.02% 21.59% 23.42% 24.29%
Gross Margin
48 48 62 61 59 85 85 95 121 143
EBT
9.17% 8.58% 10.33% 10.25% 10.71% 13.08% 11.77% 11.96% 13.49% 14.93%
EBT Margin
29 36 47 47 46 66 66 76 95 110
Net Income
21 22 23 23 23 24 25 26 30 32
Depreciation
8.90 9.89 10.57 10.77 10.27 12.13 13.82 15.48 17.43 18.69
Revenue/Sh
0.51 0.63 0.83 0.86 0.86 1.25 1.28 1.48 1.85 2.15
Earnings/Sh
0.89 1.10 1.39 1.47 1.75 1.26 1.58 1.93 2.48 3.03
Cash Flow/Sh
(0.53) (0.49) (0.27) (0.59) (0.32) (0.56) (0.51) (0.57) (0.70) (0.88)
Capex/Sh
0.36 0.61 1.12 0.88 1.43 0.70 1.08 1.36 1.78 2.15
Free CF/Sh
2.38 3.03 3.46 3.45 4.10 3.99 3.89 4.82 6.27 7.69
Book Value/Sh
58 56 56 55 54 53 52 51 51 51
Shares
28.62 25.47 26.36 21.13 39.62 45.16 49.68 57.69 60.63 25.42
PE Ratio
1.63 1.63 2.07 1.69 3.33 4.63 4.59 5.53 6.42 2.92
PS Ratio
6.09 5.32 6.33 5.27 8.35 14.08 16.31 17.75 17.87 7.11
PB Ratio
1.57 1.53 1.92 1.55 3.08 4.48 4.49 5.39 6.23 2.68
EV/Sales
38.84 24.81 18.02 18.89 22.04 77.35 57.64 61.29 60.97 23.30
EV/FCF
52 62 79 81 94 67 82 99 127 156
Op' Cash Flow
(31) (28) (15) (32) (17) (30) (26) (29) (36) (45)
Capex
21 34 63 48 77 37 56 70 92 110
FCF
39 65 99 75 106 94 76 118 183 234
Working Cap'
— — — 98 55 43 34 — — —
Total Debt
(29) (56) (92) (83) (140) (98) (71) (106) (171) (233)
Net Debt
139 171 195 190 220 212 202 248 322 394
Sh' Equity
12.94% 14.01% 15.78% 12.90% 11.02% 15.81% 16.40% 17.97% 19.02% 18.56%
ROA
27.01% 25.94% 37.29% 35.63% 45.84% 45.97% 40.39% 41.83% 49.88% 55.51%
ROIC
21.79% 23.04% 25.52% 24.64% 22.61% 30.69% 32.02% 33.90% 33.41% 30.81%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

CorVel Corp. peers in Insurance Brokers

All 22 Insurance Brokers stocks →

CorVel Corp. (CRVL) key facts

  • CorVel Corp. (CRVL) is an Insurance Brokers company in the Financial sector, listed on Nasdaq.
  • CorVel Corp.’s revenue for fiscal 2026 (year ended March 2026) was $958.5 million, up 7.03% from fiscal 2025.
  • Net income was $110.3 million, or $2.15 per share (basic), a net margin of 11.5%.
  • As of September 25, 2026, CRVL traded at $74.33, a market capitalization of $3.7 billion.
  • At that price the stock trades at 33.0× trailing-twelve-month earnings and 3.8× sales.
  • Return on equity was 30.8% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

CorVel Corp. (CRVL) Latest News

News by impact score

Fine-tune

23 Sep

3

CorVel unveiled the CareMC Accelerator for Guidewire ClaimCenter, enabling insurers to initiate and manage Managed Care directly inside the claims workflow via secure Single Sign-On and structured data exchange. This deeper integration weaves managed care into claims handling, potentially reducing administrative friction and giving claims teams real-time visibility into care activity and outcomes. It reinforces CorVel’s tech-first investment narrative and could spur near-term product adoption and customer stickiness if Guidewire carriers embrace it, though no immediate large financial swing is expected. The move heightens technology execution risk and integration quality concerns. Investors are cautioned about insider selling, as the stock trades at a premium with mixed fair-value views. Overall, the development adds a potential moat upgrade but remains contingent on market uptake and execution. Strengthens product adoption potential and moat, but near-term earnings impact is likely modest.

22 Sep

4

CorVel announced the CareMC Accelerator for Guidewire ClaimCenter, enabling Managed Care services to be initiated and managed directly within the claims workflow. Designed for Guidewire Cloud and aligned with standards, the accelerator provides secure single sign-on and automated data exchange to connect claims activity with Managed Care, delivering real-time status updates, recommendations, and outcomes. Available on Guidewire Marketplace, it offers direct access to CorVel Managed Care from within ClaimCenter, reduces duplicate data entry, and enables configurable workflows and faster implementation. The integration aims to treat managed care as a coordinated part of the claims process, improving continuity and decision-making while lowering IT resource demands. Ron Wojciechowski, CorVel SVP of Payer Technical Solutions, emphasizes easier adoption and outcome-focused benefits. Strategic integration with Guidewire can broaden CorVel's reach and improve operational efficiency, potentially driving adoption and long-term growth.

5 Aug

3

CorVel Corp reported Q1 2027 revenue of $260M, up 11%, with EPS rising 22%. Revenue growth of 11% to $260M and 22% EPS increase reflect solid quarterly financial performance.

3

CorVel Corp. released highlights from its Q1 earnings call covering financial results and operations. Q1 earnings highlights provide updates on performance that moderately shape near-term investor views.

3

CorVel Corp. (CRVL) announced its revenues and earnings. Quarterly earnings releases deliver core financial results that can shift near-term stock price and sentiment.

17 Jun

3

CorVel launches Marketwise Repricing™ service to enable smarter market-based medical cost containment. New repricing tool strengthens CorVel core medical cost management offerings with moderate competitive upside.

22 May

4

CorVel shares rose 9.9% after AI-driven units lifted earnings and the company completed its buyback program. AI-driven earnings gains plus completed buyback strengthen CorVel financial results and investor outlook.

20 May

4 transcript

CorVel Corporation reported Q4 2026 earnings with details on revenue, EPS, and operational outlook during its earnings call. Earnings call delivers financial results and guidance that can substantially move stock price and investor views.

3

CorVel Corp reported strong revenue growth alongside strategic developments in its Q4 2026 earnings call. Strong revenue growth points to solid financial momentum that can lift near-term performance and sentiment.

3 transcript

CorVel reported record Q4 revenues and higher earnings per share, driven by growth in managed care and workers' compensation services, alongside expanded client base and operational efficiencies. Quarterly results confirm steady revenue and profit growth without indicating major strategic shifts or market disruption.

3 transcript

CorVel Corp. (CRVL) released Q4 2026 earnings results and held a call covering revenue, profitability, operational updates, and forward outlook. Quarterly earnings and guidance provide moderate updates to financial trajectory and near-term investor sentiment.

3

CorVel Corp. released its revenues and earnings results. Regular earnings releases update financial performance and can move stock price but remain routine quarterly events.

29 Apr

4

CorVel Corporation launched CorVel Connected™, an AI-powered claims intelligence layer embedded in its CareMC® platform to enhance claims management with real-time insights, predictive analytics, and workflow automation. AI integration into the core CareMC platform represents a major product enhancement that could drive efficiency gains, customer adoption, and competitive edge in claims management.

8 Feb

3

CorVel Corp. (CRVL) has experienced a recent pullback in its stock price, raising questions about potential valuation opportunities for investors. Analysts suggest that this decline may present a buying opportunity, as the company's fundamentals remain strong. The article highlights the importance of evaluating the company's performance metrics and market position to determine if the current price dip is justified or if it reflects an overreaction in the market. Investors are encouraged to consider the long-term growth prospects of CorVel amidst the recent fluctuations. The stock pullback may influence investor sentiment and short-term financial performance but does not fundamentally alter the company's long-term trajectory.

3 Feb

4 transcript

CorVel Corp (CRVL) reported strong revenue growth in its Q3 2026 earnings call, highlighting strategic advancements in artificial intelligence. The company emphasized its commitment to innovation and efficiency, which are expected to enhance its competitive positioning in the market. Financial results showcased significant year-over-year improvements, reflecting the effectiveness of its operational strategies and market demand. Strong revenue growth and strategic AI initiatives are likely to significantly impact future performance and investor sentiment.

4 transcript

CorVel Corp. reported its Q3 earnings, highlighting strong financial performance with increased revenues and improved margins. The company emphasized its strategic initiatives aimed at enhancing operational efficiency and expanding service offerings. Management expressed optimism about future growth prospects, driven by ongoing investments in technology and customer engagement. Key metrics showed positive trends, indicating resilience in the face of market challenges. Overall, the earnings call reflected a solid outlook for the company moving forward. Significant strategic initiatives and positive financial trends are likely to influence future performance.

4

CorVel Corp. reported its fiscal Q3 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company's performance was driven by strong demand for its services in the workers' compensation and managed care sectors. Additionally, CorVel highlighted strategic initiatives aimed at enhancing operational efficiency and expanding its market presence. The outlook for the upcoming quarters remains positive, with expectations for continued growth and investment in technology to improve service delivery. Significant growth in revenue and net income indicates a strong performance that could alter the company's trajectory.

4

CorVel Corp. reported its latest revenues and earnings, showcasing growth in key financial metrics. The company highlighted improvements in operational efficiency and an increase in demand for its services, which contributed to the positive financial results. Management expressed optimism about future performance, citing strategic initiatives aimed at enhancing service delivery and expanding market reach. The reported growth and strategic initiatives indicate a significant potential impact on future performance and investor sentiment.

9 Jan

3

CorVel Corporation's intrinsic value is analyzed, focusing on its financial metrics, market position, and growth potential. The assessment includes a review of the company's earnings, revenue trends, and competitive landscape, providing insights into its valuation relative to market expectations. Various valuation methods are employed to estimate the company's worth, highlighting key factors that could influence its future performance. The analysis of intrinsic value suggests a moderate influence on financial performance and market sentiment.

12 Dec

3

CorVel Corporation (NASDAQ:CRVL) is experiencing a decline in stock price despite solid fundamentals, raising questions about market perceptions. Analysts suggest that the company's strong financial health and growth potential may not be reflected in its current valuation, indicating a possible disconnect between market sentiment and the company's actual performance. Investors are urged to consider the underlying strengths of CorVel as they assess its future prospects. The stock decline amidst solid fundamentals suggests a moderate influence on market sentiment and potential future performance.

23 Nov

4

CorVel Corp. (NASDAQ:CRVL) has delivered a remarkable 142% return to its investors over the past five years, reflecting strong performance and growth in the company's operations. This substantial return highlights the effectiveness of CorVel's business strategies and its ability to navigate market challenges successfully. The significant return over five years indicates strong operational performance and potential for continued growth, impacting investor sentiment positively.

11 Nov

4

CorVel Corp. has been recognized on TIME’s America’s Growth Leaders 2026 List, marking it as the only company in its industry to receive this honor. This recognition highlights CorVel's significant growth and performance in the market, showcasing its leadership and innovation within the sector. Recognition on a prestigious list like TIME’s indicates significant market visibility and potential for enhanced investor sentiment.

6 Nov

4

CorVel Corp. (CRVL) has reported annual profit growth that surpasses its five-year trend, indicating strong margin expansion. This performance reinforces a bullish outlook for the company, suggesting improved operational efficiency and potential for continued financial success in the future. Significant profit growth and margin expansion are likely to positively influence investor sentiment and the company's future trajectory.

5 Nov

4

CorVel Corp (CRVL) reported strong revenue growth in Q2 2026, driven by strategic advancements in artificial intelligence. The company's focus on integrating AI into its operations is expected to enhance efficiency and improve service offerings, positioning it favorably in the market. Management highlighted key initiatives aimed at leveraging technology to meet evolving client needs and drive future growth. Strategic advancements in AI and strong revenue growth are likely to significantly impact CorVel's future performance and market positioning.

4 Nov

4 transcript

CorVel Corp. (CRVL) reported its Q2 2026 earnings, highlighting a significant increase in revenue and net income compared to the previous year. The company attributed this growth to improved operational efficiencies and expanded service offerings. Management expressed optimism about future performance, citing ongoing investments in technology and strategic partnerships. Additionally, they provided guidance for the upcoming quarters, indicating a positive outlook despite potential market challenges. Significant revenue growth and strategic investments are likely to alter the company's trajectory and investor sentiment.

4

CorVel Corp. reported its fiscal Q2 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company's performance was driven by growth in its managed care services and technology solutions. Despite challenges in the broader market, CorVel's strategic initiatives and operational efficiencies contributed to its positive financial results. The outlook remains optimistic as the company continues to expand its service offerings and enhance its market position. Significant growth in revenue and net income indicates a strong performance that could influence investor sentiment and market positioning.

4

CorVel Corp. reported its latest financial results, highlighting significant revenue growth and improved earnings. The company attributed this success to its strategic initiatives and operational efficiencies. Key metrics showed a positive trend, indicating strong demand for its services in the healthcare and workers' compensation sectors. Management expressed optimism about future performance, citing ongoing investments in technology and service expansion. Significant revenue growth and strategic initiatives are likely to enhance CorVel's market position and investor sentiment.

13 Oct

4

CorVel Corp. has attracted investor attention due to its strong financial performance and strategic initiatives aimed at enhancing its market position. The company has reported significant revenue growth and is focusing on expanding its service offerings in the workers' compensation and healthcare sectors. Analysts highlight CorVel's innovative technology solutions and operational efficiencies as key drivers of its success, positioning it favorably in a competitive landscape. Strong financial performance and strategic initiatives are likely to significantly impact future growth and investor sentiment.

13 Sep

4

CorVel Corp. (CRVL) has achieved a notable 35% return on capital, highlighting its effective management and operational efficiency. This impressive figure suggests that the company is generating substantial profits relative to its capital employed, which could attract investor interest and confidence. The strong return on capital may indicate potential for future growth and profitability, positioning CorVel favorably in the market. A 35% return on capital is a significant indicator of operational efficiency and could lead to increased investor confidence and market performance.

26 Aug

3

The Save Mart Companies received recognition for their innovative approach to transforming their workers' compensation program in partnership with CorVel Corp. This collaboration aims to enhance the efficiency and effectiveness of the program, ultimately benefiting both employees and the company. The collaboration may enhance operational efficiency and employee satisfaction, impacting CorVel's market position moderately.

stockrow.com/CRVL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com