CorVel Corp.

CRVL Financial Insurance Brokers

CorVel Corp.’s revenue for fiscal 2026 (year ended March 2026) was $958.5 million, up 7.03% from fiscal 2025.

Revenue
+11.5%
EPS
+24.9%
Free cash flow
+8.94%

Quarter to September 2026, against a year earlier

85.56 1.82 −2.08%
Market cap
$4.3B
P/E
35.9×
Fwd P/E
—
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

CorVel Corp. (CRVL) Free cash flow margin

Alert me on Free cash flow margin

CorVel Corp.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 11.5 percentage points from fiscal 2026 (11.5%). Over the past ten years it has ranged from 4.05% (fiscal 2017) to 14.0% (fiscal 2021); the current reading is higher than 92% of that period. That is below the Insurance Brokers industry median of 3.58% and below the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 11.5% 1.29
FY2025 10.2% 1.42
FY2024 8.80% 1.01
FY2023 7.79% 2.00
FY2022 5.79% (8.17)
FY2021 14.0% 5.78
FY2020 8.18% (2.46)
FY2019 10.6% 4.47
FY2018 6.17% 2.12
FY2017 4.05% (2.81)

Against its own ten years

Low 4.05% High 14.0%
Ten-year median 7.99%
Current reading's percentile 92

Free cash flow margin against peers

Company Free cash flow margin
NP Neptune Insurance Holdings Inc. compare 39.5%
LIFE Ethos Technologies Inc. compare 19.3%
RYAN Ryan Specialty Holdings Inc. compare 15.3%
GSHD Goosehead Insurance compare 15.2%
ERIE Erie Indemnity Company compare 13.4%
BWIN Baldwin Insurance Group, Inc. compare 2.52%
ARX Accelerant Holdings compare 0.16%
CRVL CorVel Corp. 0.00%
TWFG TWFG, Inc. compare −2.63%
Insurance Brokers industry median 3.58%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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