CorVel Corporation (CRVL)

CorVel Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	895.59	795.31	718.56	646.23	552.64
Revenue Growth (YoY)	12.61%	10.68%	11.19%	16.93%	-6.68%
Cost of Revenue	685.86	623.62	560.3	494.12	429.02
Gross Profit	209.73	171.69	158.26	152.11	123.62
Selling, General & Admin	88.9	76.59	73.71	67.6	64.45
Operating Expenses	88.9	76.59	73.71	67.6	64.45
Operating Income	120.82	95.1	84.55	84.51	59.18
Pretax Income	120.82	95.1	84.55	84.51	59.18
Income Tax Expense	25.66	18.85	18.19	18.1	12.82
Net Income	95.17	76.25	66.37	66.41	46.36
Net Income to Common	95.17	76.25	66.37	66.41	46.36
Net Income Growth	24.80%	14.90%	-0.07%	43.26%	-2.15%
Shares Outstanding (Basic)	51	51	52	53	54
Shares Outstanding (Diluted)	52	52	53	54	54
Shares Change (YoY)	-0.09%	-1.39%	-2.95%	-0.21%	-2.34%
EPS (Basic)	1.85	1.48	1.28	1.25	0.86
EPS (Diluted)	1.83	1.47	1.26	1.22	0.85
EPS Growth	24.49%	16.67%	3.28%	43.53%	-
Free Cash Flow	91.56	70	55.97	37.4	77.14
Free Cash Flow Per Share	1.76	1.34	1.06	0.69	1.42
Gross Margin	23.42%	21.59%	22.02%	23.54%	22.37%
Operating Margin	13.49%	11.96%	11.77%	13.08%	10.71%
Profit Margin	10.63%	9.59%	9.24%	10.28%	8.39%
Free Cash Flow Margin	10.22%	8.80%	7.79%	5.79%	13.96%
EBITDA	150.36	121.35	109.68	108.43	82.61
EBITDA Margin	16.79%	15.26%	15.26%	16.78%	14.95%
D&A For EBITDA	29.54	26.25	25.12	23.92	23.44
EBIT	120.82	95.1	84.55	84.51	59.18
EBIT Margin	13.49%	11.96%	11.77%	13.08%	10.71%
Effective Tax Rate	21.24%	19.82%	21.51%	21.42%	21.66%

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

SEC Filings: 10-K · 10-Q