CorVel Corp. (CRVL) vs Erie Indemnity Company (ERIE)

CorVel Corp. and Erie Indemnity Company are both Insurance Brokers companies. Erie Indemnity Company is the larger, with a market value of $13.3B against $4.3B — 3.1× the size. Erie Indemnity Company trades at the lower P/E: 22.9× against 35.9×. CorVel Corp. grew revenue faster over the last twelve months: 8.29% against 2.04%. Erie Indemnity Company has the higher net margin (14.0% vs 12.0%) and the lower return on invested capital (21.0% vs 62.7%). Across the 19 metrics below, CorVel Corp. leads on 10 and Erie Indemnity Company on 9.

Valuation

Metric CRVL ERIE Insurance Brokers median
P/E 35.88 22.94 22.14
P/S 4.28 3.19 2.91
P/B 10.05 5.15 3.02
Price to free cash flow 38.00 23.71 22.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 2.79% 4.36% 3.41%
Free cash flow yield 2.63% 4.22% 3.09%

Profitability

Metric CRVL ERIE Insurance Brokers median
Gross margin 25.52% 17.85% 49.54%
Operating margin 15.93% 17.85% 15.76%
Net margin 12.02% 13.97% 8.19%
Free cash flow margin 0.00% 13.44% 3.58%
Return on equity 30.64% 23.70% 2.99%
Return on assets 18.34% 16.49% 2.33%
Return on invested capital 62.74% 21.00% 5.64%

Growth

Metric CRVL ERIE Insurance Brokers median
Revenue growth (TTM) 8.29% 2.04% 9.77%
EPS growth (last fiscal year) 16.94% (6.88%) (8.67%)
Revenue growth, 5-year CAGR 11.64% 9.90% 9.30%
Net income growth, 5-year CAGR 18.94% 13.78% 0.00%

Health

Metric CRVL ERIE Insurance Brokers median
Debt to equity 0.00 0.00 0.49
Current ratio 2.02 1.73 1.54
Net debt to EBITDA (1.33) (0.44) 1.20

Dividend

Metric CRVL ERIE Insurance Brokers median
Dividend yield — 2.06% 1.01%
Payout ratio — 0.53 0.33

Size

Metric CRVL ERIE Insurance Brokers median
Market cap 4.34b 13.30b 2.41b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack