CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $3.48 billion. The enterprise value is $3.25 billion.
| Market Cap | 3.48B |
| Enterprise Value | 3.25B |
Important Dates
The last earnings date was Wednesday, August 5, 2026, before market open.
| Earnings Date | Aug 5, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 50.52 million shares outstanding. The number of shares has decreased by -1.17% in one year.
| Current Share Class | 50.52M |
| Shares Outstanding | 50.52M |
| Shares Change (YoY) | -1.17% |
| Shares Change (QoQ) | -0.70% |
| Owned by Insiders (%) | 2.24% |
| Owned by Institutions (%) | 55.17% |
| Float | 30.63M |
Valuation Ratios
The trailing PE ratio is 30.62.
| PE Ratio | 30.62 |
| Forward PE | n/a |
| PS Ratio | 3.54 |
| Forward PS | n/a |
| PB Ratio | 8.52 |
| P/TBV Ratio | 9.36 |
| P/FCF Ratio | 30.57 |
| P/OCF Ratio | 23.11 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.66, with an EV/FCF ratio of 28.57.
| EV / Earnings | 28.20 |
| EV / Sales | 3.31 |
| EV / EBITDA | 17.66 |
| EV / EBIT | 21.51 |
| EV / FCF | 28.57 |
Financial Position
The company has a current ratio of 1.94, with a Debt / Equity ratio of 0.07.
| Current Ratio | 1.94 |
| Quick Ratio | 1.41 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.15 |
| Debt / FCF | 0.25 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 30.70% and return on invested capital (ROIC) is 62.23%.
| Return on Equity (ROE) | 30.70% |
| Return on Assets (ROA) | 14.68% |
| Return on Invested Capital (ROIC) | 62.23% |
| Return on Capital Employed (ROCE) | 35.19% |
| Weighted Average Cost of Capital (WACC) | 9.42% |
| Revenue Per Employee | $187,773 |
| Profits Per Employee | $22,015 |
| Employee Count | 5,239 |
| Asset Turnover | 1.53 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $35.86 million in taxes.
| Income Tax | 35.86M |
| Effective Tax Rate | 23.72% |
Stock Price Statistics
The stock price has decreased by -22.65% in the last 52 weeks. The beta is 0.95, so CorVel's price volatility has been similar to the market average.
| Beta (5Y) | 0.95 |
| 52-Week Price Change | -22.65% |
| 50-Day Moving Average | 63.51 |
| 200-Day Moving Average | 61.43 |
| Relative Strength Index (RSI) | 61.61 |
| Average Volume (20 Days) | 169,123 |
Short Selling Information
The latest short interest is 1.40 million, so 2.77% of the outstanding shares have been sold short.
| Short Interest | 1.40M |
| Short Previous Month | 1.20M |
| Short % of Shares Out | 2.77% |
| Short % of Float | 4.57% |
| Short Ratio (days to cover) | 8.00 |
Income Statement
In the last 12 months, CorVel had revenue of $983.74 million and earned $115.33 million in profits. Earnings per share was $2.25.
| Revenue | 983.74M |
| Gross Profit | 243.90M |
| Operating Income | 151.19M |
| Pretax Income | 151.19M |
| Net Income | 115.33M |
| EBITDA | 184.13M |
| EBIT | 151.19M |
| Earnings Per Share (EPS) | $2.25 |
Balance Sheet
The company has $255.88 million in cash and $28.39 million in debt, with a net cash position of $227.49 million or $4.50 per share.
| Cash & Cash Equivalents | 255.88M |
| Total Debt | 28.39M |
| Net Cash | 227.49M |
| Net Cash Per Share | $4.50 |
| Equity (Book Value) | 408.89M |
| Book Value Per Share | 8.08 |
| Working Capital | 244.73M |
Cash Flow
In the last 12 months, operating cash flow was $150.55 million and capital expenditures -$36.73 million, giving a free cash flow of $113.82 million.
| Operating Cash Flow | 150.55M |
| Capital Expenditures | -36.73M |
| Depreciation & Amortization | 32.94M |
| Net Borrowing | n/a |
| Free Cash Flow | 113.82M |
| FCF Per Share | $2.25 |
Margins
Gross margin is 24.79%, with operating and profit margins of 15.37% and 11.72%.
| Gross Margin | 24.79% |
| Operating Margin | 15.37% |
| Pretax Margin | 15.37% |
| Profit Margin | 11.72% |
| EBITDA Margin | 18.72% |
| EBIT Margin | 15.37% |
| FCF Margin | 11.57% |
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 | 1.17% |
| Shareholder Yield | 1.17% |
| Earnings Yield | 3.31% |
| FCF Yield | 3.27% |
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 12.31 and a Piotroski F-Score of 6.
| Altman Z-Score | 12.31 |
| Piotroski F-Score | 6 |