CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $5.67 billion. The enterprise value is $5.53 billion.
Important Dates
The next estimated earnings date is Wednesday, May 21, 2025, before market open.
| Earnings Date | May 21, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 51.36 million shares outstanding. The number of shares has decreased by -0.22% in one year.
| Current Share Class | 51.36M |
| Shares Outstanding | 51.36M |
| Shares Change (YoY) | -0.22% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 7.26% |
| Owned by Institutions (%) | 53.62% |
| Float | 28.77M |
Valuation Ratios
The trailing PE ratio is 65.01.
| PE Ratio | 65.01 |
| Forward PE | n/a |
| PS Ratio | 6.50 |
| Forward PS | n/a |
| PB Ratio | 18.83 |
| P/TBV Ratio | 21.50 |
| P/FCF Ratio | 68.67 |
| P/OCF Ratio | 47.35 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 39.88, with an EV/FCF ratio of 67.06.
| EV / Earnings | 62.72 |
| EV / Sales | 6.35 |
| EV / EBITDA | 39.88 |
| EV / EBIT | 50.24 |
| EV / FCF | 67.06 |
Financial Position
The company has a current ratio of 1.77, with a Debt / Equity ratio of 0.10.
| Current Ratio | 1.77 |
| Quick Ratio | 1.24 |
| Debt / Equity | 0.10 |
| Debt / EBITDA | 0.20 |
| Debt / FCF | 0.36 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 33.01% and return on invested capital (ROIC) is 23.08%.
| Return on Equity (ROE) | 33.01% |
| Return on Assets (ROA) | 13.99% |
| Return on Invested Capital (ROIC) | 23.08% |
| Return on Capital Employed (ROCE) | 34.19% |
| Revenue Per Employee | $178,913 |
| Profits Per Employee | $18,111 |
| Employee Count | 4,870 |
| Asset Turnover | 1.77 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $21.90 million in taxes.
| Income Tax | 21.90M |
| Effective Tax Rate | 19.89% |
Stock Price Statistics
The stock price has increased by +38.08% in the last 52 weeks. The beta is 0.94, so CorVel's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | +38.08% |
| 50-Day Moving Average | 110.93 |
| 200-Day Moving Average | 108.93 |
| Relative Strength Index (RSI) | 46.08 |
| Average Volume (20 Days) | 164,483 |
Short Selling Information
The latest short interest is 900,372, so 1.75% of the outstanding shares have been sold short.
| Short Interest | 900,372 |
| Short Previous Month | 805,024 |
| Short % of Shares Out | 1.75% |
| Short % of Float | 3.13% |
| Short Ratio (days to cover) | 7.03 |
Income Statement
In the last 12 months, CorVel had revenue of $871.31 million and earned $88.20 million in profits. Earnings per share was $1.70.
| Revenue | 871.31M |
| Gross Profit | 194.95M |
| Operating Income | 110.10M |
| Pretax Income | 97.71M |
| Net Income | 88.20M |
| EBITDA | 138.72M |
| EBIT | 110.10M |
| Earnings Per Share (EPS) | $1.70 |
Full Income StatementBalance Sheet
The company has $162.94 million in cash and $29.54 million in debt, giving a net cash position of $133.40 million or $2.60 per share.
| Cash & Cash Equivalents | 162.94M |
| Total Debt | 29.54M |
| Net Cash | 133.40M |
| Net Cash Per Share | $2.60 |
| Equity (Book Value) | 300.85M |
| Book Value Per Share | 5.86 |
| Working Capital | 166.42M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $119.64 million and capital expenditures -$37.14 million, giving a free cash flow of $82.50 million.
| Operating Cash Flow | 119.64M |
| Capital Expenditures | -37.14M |
| Free Cash Flow | 82.50M |
| FCF Per Share | $1.61 |
Full Cash Flow StatementMargins
Gross margin is 22.37%, with operating and profit margins of 12.64% and 10.12%.
| Gross Margin | 22.37% |
| Operating Margin | 12.64% |
| Pretax Margin | 12.64% |
| Profit Margin | 10.12% |
| EBITDA Margin | 15.92% |
| EBIT Margin | 12.64% |
| FCF Margin | 9.47% |