CorVel Corporation (CRVL)

CorVel Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	871.31	795.31	718.56	646.23	552.64	592.23
Revenue Growth (YoY)	12.64%	10.68%	11.19%	16.93%	-6.68%	-0.59%
Cost of Revenue	676.36	623.62	560.3	494.12	429.02	466.3
Gross Profit	194.95	171.69	158.26	152.11	123.62	125.92
Selling, General & Admin	84.85	76.59	73.71	67.6	64.45	65.21
Operating Expenses	84.85	76.59	73.71	67.6	64.45	65.21
Operating Income	110.1	95.1	84.55	84.51	59.18	60.71
Pretax Income	110.1	95.1	84.55	84.51	59.18	60.71
Income Tax Expense	21.9	18.85	18.19	18.1	12.82	13.33
Net Income	88.2	76.25	66.37	66.41	46.36	47.38
Net Income to Common	88.2	76.25	66.37	66.41	46.36	47.38
Net Income Growth	17.65%	14.90%	-0.07%	43.26%	-2.15%	1.44%
Shares Outstanding (Basic)	51	51	52	53	54	55
Shares Outstanding (Diluted)	52	52	53	54	54	56
Shares Change (YoY)	-0.22%	-1.39%	-2.95%	-0.21%	-2.34%	-2.14%
EPS (Basic)	1.72	1.48	1.28	1.25	0.86	0.86
EPS (Diluted)	1.70	1.47	1.26	1.22	0.85	0.85
EPS Growth	18.07%	16.71%	3.01%	43.53%	-	3.66%
Free Cash Flow	82.5	70	55.97	37.4	77.14	48.47
Free Cash Flow Per Share	1.59	1.34	1.06	0.69	1.42	0.87
Gross Margin	22.37%	21.59%	22.02%	23.54%	22.37%	21.26%
Operating Margin	12.64%	11.96%	11.77%	13.08%	10.71%	10.25%
Profit Margin	10.12%	9.59%	9.24%	10.28%	8.39%	8.00%
Free Cash Flow Margin	9.47%	8.80%	7.79%	5.79%	13.96%	8.18%
EBITDA	138.72	121.35	109.68	108.43	82.61	83.23
EBITDA Margin	15.92%	15.26%	15.26%	16.78%	14.95%	14.05%
D&A For EBITDA	28.62	26.25	25.12	23.92	23.44	22.52
EBIT	110.1	95.1	84.55	84.51	59.18	60.71
EBIT Margin	12.64%	11.96%	11.77%	13.08%	10.71%	10.25%
Effective Tax Rate	19.89%	19.82%	21.51%	21.42%	21.66%	21.96%

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q