CorVel Corporation (CRVL)

CorVel Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	207.45	170.58	105.56	71.33	97.5	139.72
Cash & Short-Term Investments	207.45	170.58	105.56	71.33	97.5	139.72
Cash Growth	49.95%	61.59%	47.99%	-26.85%	-30.21%	67.88%
Receivables	104.92	104.13	97.11	81.03	82.59	64.72
Prepaid Expenses	9.59	10.51	9.25	9.57	12.76	8.01
Other Current Assets	112.3	101.47	90.31	81.84	72.15	56.5
Total Current Assets	434.27	386.69	302.23	243.77	264.99	268.94
Property, Plant & Equipment	130.35	70.12	72.78	76.8	81.48	88.04
Goodwill	36.81	36.81	36.81	36.81	36.81	36.81
Other Intangible Assets	0.35	43.19	37.99	34.94	31.48	30.01
Long-Term Deferred Tax Assets	9.41	8.7	3.55	0.22	-	0.61
Other Long-Term Assets	0.49	0.45	1.32	1.38	0.48	0.35
Total Assets	611.68	545.98	454.68	393.92	415.25	424.76
Accounts Payable	19.14	15.42	16.41	15.06	14.08	12.35
Accrued Expenses	56.69	46.84	40.9	35.68	48.01	57.11
Current Portion of Leases	7.32	8.13	8.86	9.9	13.35	12.77
Current Income Taxes Payable	3.97	1.37	0.22	0.25	0.35	-
Current Unearned Revenue	30.91	30.81	29.96	26.98	25.8	22.51
Other Current Liabilities	112.3	101.47	88.14	80.02	69.78	57.72
Total Current Liabilities	230.33	204.04	184.5	167.89	171.37	162.46
Long-Term Leases	18.58	19.95	22.53	23.86	29.79	41.9
Long-Term Deferred Tax Liabilities	-	-	-	-	1.69	-
Total Liabilities	248.9	223.99	207.03	191.75	202.85	204.36
Common Stock	0.01	0.01	0	0	0	0
Additional Paid-In Capital	258.51	250.41	233.63	218.7	201.61	185.94
Retained Earnings	958.23	903.09	807.92	731.67	665.3	598.89
Treasury Stock	-853.97	-831.51	-793.91	-748.2	-654.52	-564.44
Shareholders' Equity	362.78	321.99	247.65	202.18	212.4	220.4
Total Liabilities & Equity	611.68	545.98	454.68	393.92	415.25	424.76
Total Debt	25.89	28.08	31.4	33.76	43.14	54.66
Net Cash (Debt)	181.56	142.51	74.17	37.57	54.36	85.05
Net Cash Growth	70.24%	92.14%	97.41%	-30.89%	-36.08%	-
Net Cash Per Share	3.50	2.74	1.43	0.71	1.00	1.56
Filing Date Shares Outstanding	51.25	51.35	51.37	51.43	52.47	53.55
Total Common Shares Outstanding	51.29	51.36	51.39	51.51	52.71	53.63
Working Capital	203.94	182.65	117.73	75.88	93.62	106.48
Book Value Per Share	7.07	6.27	4.82	3.93	4.03	4.11
Tangible Book Value	325.61	241.98	172.85	130.42	144.11	153.58
Tangible Book Value Per Share	6.35	4.71	3.36	2.53	2.73	2.86
Land	-	11.05	11.12	11.08	11.08	11.08
Machinery	-	65.43	66.61	68.25	77.38	66.71
Leasehold Improvements	-	22.61	18.01	18.3	18.58	17.56

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q