CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $3.25 billion. The enterprise value is $3.05 billion.
| Market Cap | 3.25B |
| Enterprise Value | 3.05B |
Important Dates
The next estimated earnings date is Tuesday, August 4, 2026, before market open.
| Earnings Date | Aug 4, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 50.69 million shares outstanding. The number of shares has decreased by -0.71% in one year.
| Current Share Class | 50.69M |
| Shares Outstanding | 50.69M |
| Shares Change (YoY) | -0.71% |
| Shares Change (QoQ) | -0.58% |
| Owned by Insiders (%) | 7.11% |
| Owned by Institutions (%) | 54.44% |
| Float | 28.33M |
Valuation Ratios
The trailing PE ratio is 30.03.
| PE Ratio | 30.03 |
| Forward PE | n/a |
| PS Ratio | 3.40 |
| Forward PS | n/a |
| PB Ratio | 8.30 |
| P/TBV Ratio | 10.59 |
| P/FCF Ratio | 29.54 |
| P/OCF Ratio | 20.93 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.45, with an EV/FCF ratio of 27.68.
| EV / Earnings | 27.66 |
| EV / Sales | 3.18 |
| EV / EBITDA | 17.45 |
| EV / EBIT | 21.33 |
| EV / FCF | 27.68 |
Financial Position
The company has a current ratio of 2.03, with a Debt / Equity ratio of 0.07.
| Current Ratio | 2.03 |
| Quick Ratio | 1.47 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.15 |
| Debt / FCF | 0.25 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 30.81% and return on invested capital (ROIC) is 61.15%.
| Return on Equity (ROE) | 30.81% |
| Return on Assets (ROA) | 15.05% |
| Return on Invested Capital (ROIC) | 61.15% |
| Return on Capital Employed (ROCE) | 34.50% |
| Weighted Average Cost of Capital (WACC) | 9.54% |
| Revenue Per Employee | $182,960 |
| Profits Per Employee | $21,062 |
| Employee Count | 5,239 |
| Asset Turnover | 1.61 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $32.79 million in taxes.
| Income Tax | 32.79M |
| Effective Tax Rate | 22.91% |
Stock Price Statistics
The stock price has decreased by -38.53% in the last 52 weeks. The beta is 0.98, so CorVel's price volatility has been similar to the market average.
| Beta (5Y) | 0.98 |
| 52-Week Price Change | -38.53% |
| 50-Day Moving Average | 59.53 |
| 200-Day Moving Average | 63.83 |
| Relative Strength Index (RSI) | 61.57 |
| Average Volume (20 Days) | 257,073 |
Short Selling Information
The latest short interest is 1.24 million, so 2.44% of the outstanding shares have been sold short.
| Short Interest | 1.24M |
| Short Previous Month | 1.12M |
| Short % of Shares Out | 2.44% |
| Short % of Float | 4.37% |
| Short Ratio (days to cover) | 5.40 |
Income Statement
In the last 12 months, CorVel had revenue of $958.53 million and earned $110.34 million in profits. Earnings per share was $2.14.
| Revenue | 958.53M |
| Gross Profit | 232.86M |
| Operating Income | 143.13M |
| Pretax Income | 143.13M |
| Net Income | 110.34M |
| EBITDA | 174.90M |
| EBIT | 143.13M |
| Earnings Per Share (EPS) | $2.14 |
Balance Sheet
The company has $233.07 million in cash and $28.11 million in debt, with a net cash position of $204.97 million or $4.04 per share.
| Cash & Cash Equivalents | 233.07M |
| Total Debt | 28.11M |
| Net Cash | 204.97M |
| Net Cash Per Share | $4.04 |
| Equity (Book Value) | 394.23M |
| Book Value Per Share | 7.74 |
| Working Capital | 234.23M |
Cash Flow
In the last 12 months, operating cash flow was $155.64 million and capital expenditures -$45.36 million, giving a free cash flow of $110.28 million.
| Operating Cash Flow | 155.64M |
| Capital Expenditures | -45.36M |
| Depreciation & Amortization | 31.76M |
| Net Borrowing | n/a |
| Free Cash Flow | 110.28M |
| FCF Per Share | $2.18 |
Margins
Gross margin is 24.29%, with operating and profit margins of 14.93% and 11.51%.
| Gross Margin | 24.29% |
| Operating Margin | 14.93% |
| Pretax Margin | 14.93% |
| Profit Margin | 11.51% |
| EBITDA Margin | 18.25% |
| EBIT Margin | 14.93% |
| FCF Margin | 11.51% |
Dividends & Yields
CorVel does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.71% |
| Shareholder Yield | 0.71% |
| Earnings Yield | 3.39% |
| FCF Yield | 3.39% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on December 26, 2024. It was a forward split with a ratio of 3:1.
| Last Split Date | Dec 26, 2024 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
CorVel has an Altman Z-Score of 15.07 and a Piotroski F-Score of 6.
| Altman Z-Score | 15.07 |
| Piotroski F-Score | 6 |