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Company price
82.83 USD -0.33 ( 0.40%)
Last update at 2026-11-09T17:53:00Z
VOLUME
43449
Market Cap
3619.51M
P/E
31.99

Momentum Score

…

CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing; preferred provider management and reimbursement; retrospective utilization, facility claim, and professional review; pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management customers, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.

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Day Price Range
82.16
Low
85.33
High
52 Week Price Range
44.83
Low
83.14
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

CorVel provides technology-enabled workers' compensation, medical bill review, pharmacy benefits and claims-management services to insurers, employers and third-party administrators. Long-term growth may be supported by outsourcing of claims administration, demand for healthcare cost containment and adoption of its data-driven platform, making it potentially attractive for its recurring-fee model and consistent profitability.
Principal risks include regulatory changes in healthcare and workers' compensation, competition from larger insurers and tech entrants, and revenue sensitivity to claim volumes and economic cycles that investors should monitor.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
83.16
Dividend Yield
-
Revenue TTM
983.74M
Revenue Per Share
19.23
Gross Profit TTM
243.90M
Debt / Equity
0.07
ROE
30.70%
Net Debt
-204.97M
ROCE
34.50%
Diluted EPS TTM
2.24

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Income before tax 143.13M 120.82M 95.10M 84.55M 84.51M
Net income 110.34M 95.17M 76.25M 66.36M 66.41M
Selling general administrative 89732.00M 88.90M 76.59M 73.70M 67.60M
Selling and marketing expenses - - 26.25M - -
Gross profit 232.86M 209.73M 171.69M 158.26M 152.11M
Reconciled depreciation 31.76M 29.54M 26.25M 25.12M 23.92M
Ebit 143.13M 120.82M 95.10M 59.43M 60.60M
Ebitda 174.90M 150.36M 121.35M 84.55M 84.51M
Depreciation and amortization 31.76M 29.54M 26.25M 25.12M 23.92M
Operating income 143.13M 120.82M 95.10M 59.43M 60.60M
Other operating expenses 815.40M 774.76M 700.21M 634.01M 561.72M
Interest expense - - - -25.12M -23.92M
Tax provision 32.79M 25.66M 18.85M 18.19M 18.10M
Income tax expense 32.79M 25.66M 18.85M 18.19M 18.10M
Total revenue 958.53M 895.59M 795.31M 718.56M 646.23M
Total operating expenses 89.73M 88.90M 76.59M 73.70M 67.60M
Cost of revenue 725.66M 685.86M 623.62M 560.30M 494.12M
Total other income expense net - - - 25.12M 23.92M
Net income from continuing ops 110.34M 95.17M 76.25M 66.36M 66.41M
Net income applicable to common shares - - - 66.36M 66.41M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total assets 642.99M 545.98M 474.42M 393.92M 415.25M
Intangible assets 0.26M 0.44M 37.99M 1.24M 1.67M
Other current assets 127.91M 111.98M 99.56M 91407.00M 84.90M
Total liab 248.75M 223.99M 226.77M 191.75M 202.85M
Total stockholder equity 394.23M 321.99M 247.65M 202.18M 212.40M
Deferred long term liab - - - - 1.69M
Other current liab 48.38M 46.84M 129.26M 35.68M 48.01M
Common stock 0.01M 0.01M 0.00M 3.00M 0.00M
Capital stock 0.01M 0.01M 0.00M 0.00M 0.00M
Retained earnings 1013.43M 903.09M 807.92M 731.67M 665.30M
Other liab - - - - 1.69M
Good will 36.81M 36.81M 36.81M 39.66M 38.96M
Other assets - - 0.00M - 0.48M
Cash 233.07M 170.58M 105.56M 71.33M 97.50M
Total current liabilities 228.07M 204.04M 184.50M 167.89M 171.37M
Current deferred revenue 147.94M 132.28M 29.96M 107.00M 95.58M
Net debt -204.97M -142.50M -74.17M -47.47M -54.36M
Short term debt 7.42M 8.13M 8.86M 9.90M 13.35M
Short long term debt total 28.11M 28.08M 31.40M 23.86M 43.14M
Other stockholder equity -619.20M -581.10M -560.28M -532.49M -452.91M
Property plant equipment - - - 82.77M 76.27M
Total current assets 462.30M 386.69M 302.23M 243.77M 264.99M
Net tangible assets - - - 164.12M 173.91M
Net receivables 101.31M 104.13M 97.11M 81.03M 82.59M
Inventory - - - -91315.59M -
Accounts payable 24.32M 15.42M 16.41M 15.31M 14.43M
Common stock total equity - - - 0.00M 0.00M
Retained earnings total equity - - - 731.67M 665.30M
Non currrent assets other 0.62M 0.45M 41144.15M -0.22M 0.48M
Non current assets total 180.69M 159.29M 172.19M 150.15M 150.25M
Capital lease obligations 28.11M 28.08M 31.40M 23.86M 43.14M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Investments - -35.76M -29.24M -26.32M -29.82M
Change to liabilities - - - -8.76M 9.47M
Total cashflows from investing activities -45.36M -35.76M -29.24M -26.32M -29.82M
Total cash from financing activities -47.80M -26.54M -35.76M -82.14M -79.61M
Change to operating activities - - - - -14.29M
Net income 110.34M 95.17M 76.25M 66.36M 66.41M
Change in cash 62.49M 65.02M 34.23M -26.18M -42.21M
Begin period cash flow 170.58M 105.56M 71.33M 97.50M 139.72M
End period cash flow 233.07M 170.58M 105.56M 71.33M 97.50M
Total cash from operating activities 155.64M 127.31M 99.24M 82.29M 67.22M
Depreciation 31.76M 29.54M 26.25M 25.12M 23.92M
Change to account receivables 2.70M -10.46M -17.90M 0.34M -18.02M
Sale purchase of stock -56.21M -37.60M -45.71M -93.67M -90.08M
Other cashflows from financing activities -47747.21M 11.07M 9.95M 11.53M 10.47M
Change to netincome - - - 5.28M 7.78M
Capital expenditures 45.36M 35.76M 29.24M 26.32M 29.82M
Change receivables - - - 0.34M -18.02M
Cash flows other operating - - - -6.05M -22.34M
Cash and cash equivalents changes - - - -26.18M -42.21M
Change in working capital 2.52M -1.83M -7.05M -14.47M -30.88M
Stock based compensation 5.41M 5.71M 4.98M 5.56M 5.20M
Other non cash items 0.82M 3.89M 2.12M 1.63M 0.28M
Free cash flow 110.28M 91.56M 70.00M 55.97M 37.40M

Peer Comparison*

Sector: Financial Services Industry: Insurance Brokers

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CRVL
CorVel Corp
-0.33
0.40%
82.83 31.99 23.75 3.68 8.92 3.48 18.57
MRSH
Marsh & McLennan Companies, Inc.
1.50
0.73%
206.32 22.03 15.87 3.07 5.67 3.82 14.80
AON
Aon PLC
3.36
1.00%
338.17 19.50 17.61 4.19 7.68 4.95 13.01
AJG
Arthur J Gallagher & Co
-0.52
0.18%
281.10 41.13 17.09 4.21 2.74 4.93 19.58
WTW
Willis Towers Watson PLC
0.52
0.16%
329.38 19.92 14.56 2.96 3.91 3.52 13.08

Profile*

CorVel Corp

CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing; preferred provider management and reimbursement; retrospective utilization, facility claim, and professional review; pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management customers, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.

5128 Apache Plume Road, Fort Worth, TX, United States, 76109

817 390 1416

5239

Name Title Year Born
Mr. Michael G. Combs Pres & CEO 1964
Mr. Brandon T. O'Brien Chief Financial Officer 1980
Ms. Jennifer L. Yoss VP of Accounting 1978
Mr. Maxim Shishin Chief Information Officer 1975
Mr. Victor Gordon Clemons Sr. Exec. Chairman 1944
Ms. Stefani P. Wendel Investor Relation NA
Sharon F. O'Connor VP of Legal & HR NA
Mr. Richard J. Schweppe Sec. 1955
Mr. Victor Gordon Clemons Sr. Executive Chairman 1944
Mr. Michael G. Combs President & CEO 1964

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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