Saturday 17 October 2026 Export CRVL’s income statement to Excel — free account

CorVel Corp.

CorVel Corp.’s revenue for fiscal 2026 (year ended March 2026) was $958.5 million, up 7.03% from fiscal 2025. In the quarter to June 2026, revenue grew 10.7%, EPS grew 18.9% and free cash flow grew 8.94%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

79.76 0.53 −0.66%

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Market cap: $4.1B
P/E: 35.4×
Fwd P/E: —
Dividend yield: —
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 21.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	—	—	1	2	—	1	5	—	2	3	—

Insider Ownership 39.26%

Capital & Financial Ratios $m

Market Cap 4,060.00

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 35.45

Fwd P/E —

P/S ratio 4.12

P/B ratio 9.91

Past 5Y EPS Growth 20.28%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 50.50%

10-year low 10-year high

P/S against its own 10 years 65.32%

10-year low 10-year high

P/B against its own 10 years 58.13%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	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

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 $m

	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

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	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

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	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

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.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	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
	High	20.40	23.58	31.32	35.62	71.13	70.36	85.20	127.24	128.61	83.37
People
People	Employees	3,629	3,788	3,904	3,824	3,681	4,233	4,444	4,870	5,075	5,239
	Revenue/emp, $m	0.14	0.15	0.15	0.15	0.15	0.15	0.16	0.16	0.18	0.18
Income, $m
Income, $m	Revenue	519	558	596	592	553	646	719	795	896	959
	Gross margin, %	20.20	19.21	20.95	21.26	22.37	23.54	22.02	21.59	23.42	24.29
	EBT	48	48	62	61	59	85	85	95	121	143
	EBT margin, %	9.17	8.58	10.33	10.25	10.71	13.08	11.77	11.96	13.49	14.93
	Net income	29	36	47	47	46	66	66	76	95	110
	Depreciation	21	22	23	23	23	24	25	26	30	32
Per share, $
Per share, $	Revenue	8.90	9.89	10.57	10.77	10.27	12.13	13.82	15.48	17.43	18.69
	Earnings	0.51	0.63	0.83	0.86	0.86	1.25	1.28	1.48	1.85	2.15
	Cash flow	0.89	1.10	1.39	1.47	1.75	1.26	1.58	1.93	2.48	3.03
	Capex	(0.53)	(0.49)	(0.27)	(0.59)	(0.32)	(0.56)	(0.51)	(0.57)	(0.70)	(0.88)
	Free cash flow	0.36	0.61	1.12	0.88	1.43	0.70	1.08	1.36	1.78	2.15
	Book value	2.38	3.03	3.46	3.45	4.10	3.99	3.89	4.82	6.27	7.69
	Shares, m	58	56	56	55	54	53	52	51	51	51
Valuation, ×
Valuation, ×	P/E	28.62	25.47	26.36	21.13	39.62	45.16	49.68	57.69	60.63	25.42
	P/S	1.63	1.63	2.07	1.69	3.33	4.63	4.59	5.53	6.42	2.92
	P/B	6.09	5.32	6.33	5.27	8.35	14.08	16.31	17.75	17.87	7.11
	EV/Sales	1.57	1.53	1.92	1.55	3.08	4.48	4.49	5.39	6.23	2.68
	EV/FCF	38.84	24.81	18.02	18.89	22.04	77.35	57.64	61.29	60.97	23.30
Cash, $m
Cash, $m	Operating cash flow	52	62	79	81	94	67	82	99	127	156
	Capex	(31)	(28)	(15)	(32)	(17)	(30)	(26)	(29)	(36)	(45)
	Free cash flow	21	34	63	48	77	37	56	70	92	110
Balance, $m
Balance, $m	Working capital	39	65	99	75	106	94	76	118	183	234
	Total debt	—	—	—	98	55	43	34	—	—	—
	Net debt	(29)	(56)	(92)	(83)	(140)	(98)	(71)	(106)	(171)	(233)
	Shareholders’ equity	139	171	195	190	220	212	202	248	322	394
Returns, %
Returns, %	ROA	12.94	14.01	15.78	12.90	11.02	15.81	16.40	17.97	19.02	18.56
	ROIC	27.01	25.94	37.29	35.63	45.84	45.97	40.39	41.83	49.88	55.51
	ROE	21.79	23.04	25.52	24.64	22.61	30.69	32.02	33.90	33.41	30.81

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BRO Brown & Brown, Inc.	$22.8B	19.3×	17.6×	+30.43% (above 0%: growing)	+8.86% (above 0%: growing)	+6.75% (above 0%: growing)	50.00%	28.82%	Compare
ERIE Erie Indemnity Company	$11.1B	19.7×	18.0×	+2.80% (above 0%: growing)	+3.20% (above 0%: growing)	+10.22% (above 0%: growing)	18.73%	18.73%	Compare
BWIN Baldwin Insurance Group, Inc.	$4.5B	— (loss-making)	— (loss-making)	+30.13% (above 0%: growing)	n/m	+208.10% (above 0%: growing)	31.81%	(1.69%)	Compare
ARX Accelerant Holdings	$4.3B	— (loss-making)	143×	+62.89% (above 0%: growing)	+620.00% (above 0%: growing)	−139.56% (below 0%: shrinking)	100.00%	30.96%	Compare
CRVL CorVel Corp.	$4.1B	35.4×	—	+10.74% (above 0%: growing)	+18.87% (above 0%: growing)	+8.94% (above 0%: growing)	26.08%	16.67%
NP Neptune Insurance Holdings Inc.	$4.0B	117×	68.6×	+32.82% (above 0%: growing)	−11.65% (below 0%: shrinking)	+234.05% (above 0%: growing)	100.00%	47.52%	Compare
GSHD Goosehead Insurance	$1.6B	32.4×	28.6×	+20.59% (above 0%: growing)	+110.00% (above 0%: growing)	−63.75% (below 0%: shrinking)	100.00%	23.45%	Compare
TWFG TWFG, Inc.	$1.4B	43.0×	36.6×	+45.11% (above 0%: growing)	+38.46% (above 0%: growing)	+42.74% (above 0%: growing)	51.44%	20.10%	Compare
CRD.A Crawford & Company	$581.9M	26.1×	—	−1.37% (below 0%: shrinking)	+75.00% (above 0%: growing)	−51.68% (below 0%: shrinking)	28.78%	7.68%	Compare
Median of peers	$4.2B	29.3×	32.6×	+30.28%	+38.46%	+8.49%	50.72%	21.78%

All 22 Insurance Brokers stocks →

CorVel Corp. (CRVL) key facts

Strength: CorVel Corp.’s revenue for fiscal 2026 (year ended March 2026) was $958.5 million, up 7.03% from fiscal 2025.
Strength: Net income was $110.3 million, or $2.15 per share (basic), a net margin of 11.5%.
CorVel Corp. (CRVL) is an Insurance Brokers company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, CRVL traded at $79.76, a market capitalization of $4.1 billion.
At that price the stock trades at 35.4× trailing-twelve-month earnings and 4.1× sales; its P/E is higher than 51% of its own readings over the past ten years.
Return on equity was 30.8% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 for fiscal 2026.