CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $5.92 billion. The enterprise value is $5.81 billion.
Important Dates
The next estimated earnings date is Tuesday, January 28, 2025, before market open.
| Earnings Date | Jan 28, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 17.13 million shares outstanding. The number of shares has decreased by -0.48% in one year.
| Current Share Class | 17.13M |
| Shares Outstanding | 17.13M |
| Shares Change (YoY) | -0.48% |
| Shares Change (QoQ) | +0.16% |
| Owned by Insiders (%) | 9.06% |
| Owned by Institutions (%) | 53.56% |
| Float | 9.29M |
Valuation Ratios
The trailing PE ratio is 73.40.
| PE Ratio | 73.40 |
| Forward PE | n/a |
| PS Ratio | 7.00 |
| Forward PS | n/a |
| PB Ratio | 20.95 |
| P/TBV Ratio | 24.13 |
| P/FCF Ratio | 81.28 |
| P/OCF Ratio | 55.15 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 44.89, with an EV/FCF ratio of 79.82.
| EV / Earnings | 71.32 |
| EV / Sales | 6.88 |
| EV / EBITDA | 44.89 |
| EV / EBIT | 57.19 |
| EV / FCF | 79.82 |
Financial Position
The company has a current ratio of 1.71, with a Debt / Equity ratio of 0.11.
| Current Ratio | 1.71 |
| Quick Ratio | 1.13 |
| Debt / Equity | 0.11 |
| Debt / EBITDA | 0.23 |
| Debt / FCF | 0.44 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 32.26% and return on invested capital (ROIC) is 22.23%.
| Return on Equity (ROE) | 32.26% |
| Return on Assets (ROA) | 13.34% |
| Return on Capital (ROIC) | 22.23% |
| Revenue Per Employee | $173,642 |
| Profits Per Employee | $16,740 |
| Employee Count | 4,870 |
| Asset Turnover | 1.78 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $20.14 million in taxes.
| Income Tax | 20.14M |
| Effective Tax Rate | 19.81% |
Stock Price Statistics
The stock price has increased by +41.58% in the last 52 weeks. The beta is 1.14, so CorVel's price volatility has been higher than the market average.
| Beta (5Y) | 1.14 |
| 52-Week Price Change | +41.58% |
| 50-Day Moving Average | 338.96 |
| 200-Day Moving Average | 289.93 |
| Relative Strength Index (RSI) | 48.00 |
| Average Volume (20 Days) | 50,592 |
Short Selling Information
The latest short interest is 390,754, so 2.28% of the outstanding shares have been sold short.
| Short Interest | 390,754 |
| Short Previous Month | 388,262 |
| Short % of Shares Out | 2.28% |
| Short % of Float | 4.21% |
| Short Ratio (days to cover) | 9.64 |
Income Statement
In the last 12 months, CorVel had revenue of $845.64 million and earned $81.52 million in profits. Earnings per share was $4.71.
| Revenue | 845.64M |
| Gross Profit | 184.46M |
| Operating Income | 101.66M |
| Pretax Income | 97.71M |
| Net Income | 81.52M |
| EBITDA | 129.53M |
| EBIT | 101.66M |
| Earnings Per Share (EPS) | $4.71 |
Full Income StatementBalance Sheet
The company has $138.35 million in cash and $31.70 million in debt, giving a net cash position of $106.65 million or $6.23 per share.
| Cash & Cash Equivalents | 138.35M |
| Total Debt | 31.70M |
| Net Cash | 106.65M |
| Net Cash Per Share | $6.23 |
| Equity (Book Value) | 282.77M |
| Book Value Per Share | 16.50 |
| Working Capital | 150.47M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $107.37 million and capital expenditures -$34.52 million, giving a free cash flow of $72.84 million.
| Operating Cash Flow | 107.37M |
| Capital Expenditures | -34.52M |
| Free Cash Flow | 72.84M |
| FCF Per Share | $4.25 |
Full Cash Flow StatementMargins
Gross margin is 21.81%, with operating and profit margins of 12.02% and 9.64%.
| Gross Margin | 21.81% |
| Operating Margin | 12.02% |
| Pretax Margin | 12.02% |
| Profit Margin | 9.64% |
| EBITDA Margin | 15.32% |
| EBIT Margin | 12.02% |
| FCF Margin | 8.61% |