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

84.94 0.97 −1.13%
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) Return on invested capital

Alert me on Return on invested capital

CorVel Corp.'s return on invested capital over the twelve months to 30 September 2026 was 62.7%, up 7.2 percentage points from fiscal 2026 (55.5%). Over the past ten years it has ranged from 25.9% (fiscal 2018) to 55.5% (fiscal 2026) — the current reading is the highest in ten years. That is above the Insurance Brokers industry median of 5.64% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 55.5% 5.63
FY2025 49.9% 8.05
FY2024 41.8% 1.44
FY2023 40.4% (5.58)
FY2022 46.0% 0.13
FY2021 45.8% 10.21
FY2020 35.6% (1.66)
FY2019 37.3% 11.35
FY2018 25.9% (1.07)
FY2017 27.0% (2.02)

Against its own ten years

Low 25.9% High 55.5%
Ten-year median 38.8%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
CRVL CorVel Corp. 62.7%
GSHD Goosehead Insurance compare 59.6%
ERIE Erie Indemnity Company compare 21.0%
TWFG TWFG, Inc. compare 19.6%
RYAN Ryan Specialty Holdings Inc. compare 7.19%
ARX Accelerant Holdings compare 0.00%
NP Neptune Insurance Holdings Inc. compare 0.00%
BWIN Baldwin Insurance Group, Inc. compare −2.29%
LIFE Ethos Technologies Inc. compare −5.39%
Insurance Brokers industry median 5.64%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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