CORVEL CORP
CRVLNasdaq
$61.70
↓ -0.9%Jul 17 close · end-of-day
Price
1Y↓ -36.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.2B
Enterprise Value
$3.0B
P/E
28.8
P/S
3.3
P/B
8.1
EV/EBITDA
—
PEG
1.5
FCF Yield
3.5%
Dividend Yield
—
Revenue (TTM)
$958.5M
Net Income (TTM)
$110.3M
Free Cash Flow (TTM)
$110.3M
Gross Margin
24.3%
Operating Margin
—
Net Margin
11.5%
ROE
28.0%
ROIC
—
Debt / Equity
—
Net Cash
$233.1M
Return 1Y
-36.4%
Company profile
CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies. 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 was incorporated in 1987 and is headquartered in Fort Worth, Texas.
- CEO
- Michael G. Combs
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Insurance
- Employees
- 4,230
- Headquarters
- California
- Website
- corvel.com
Management & directors
- Combs Michael GCEO & President
- Shishin MaximChief Information Officer
- Yoss JenniferVice President of Accounting
- Nichols Brian S.Chief Financial Officer
- Bertels Mark E.EVP - Risk Management Services
- O'Brien BrandonChief Financial Officer
Roles derived from SEC Form 4 filings.
Earnings
CRVL Q4 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$248.5M↑ +7.4%
Diluted EPS$0.61↑ +22.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $552.6M | $646.2M | $718.6M | $795.3M | $895.6M | $958.5M |
| Gross profit | $123.6M | $152.1M | $158.3M | $171.7M | $209.7M | $232.9M |
| Operating income | — | — | — | — | — | — |
| Net income | $46.4M | $66.4M | $66.4M | $76.3M | $95.2M | $110.3M |
| Diluted EPS | $2.55 | $3.66 | $1.26 | $1.47 | $1.83 | $2.14 |
| Operating cash flow | $94.4M | $67.2M | $82.3M | $99.2M | $127.3M | $155.6M |
| Free cash flow | $77.1M | $37.4M | $56.0M | $70.0M | $91.6M | $110.3M |
| Gross margin | 22.4% | 23.5% | 22.0% | 21.6% | 23.4% | 24.3% |
| Operating margin | — | — | — | — | — | — |
| Net margin | 8.4% | 10.3% | 9.2% | 9.6% | 10.6% | 11.5% |
| Line item | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $211.7M | $224.4M | $228.0M | $231.5M | $234.7M | $239.6M | $235.6M | $248.5M |
| Gross profit | $48.2M | $50.7M | $52.9M | $58.0M | $56.8M | $58.2M | $54.9M | $63.0M |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $21.6M | $23.4M | $23.8M | $26.4M | $27.2M | $27.9M | $24.2M | $31.0M |
| Diluted EPS | $0.42 | $0.45 | $0.46 | $0.50 | $0.52 | $0.54 | $0.47 | $0.61 |
| Operating cash flow | $40.4M | $22.3M | $41.6M | $22.9M | $55.0M | $25.0M | $46.1M | $29.5M |
| Free cash flow | $32.8M | $12.4M | $32.1M | $14.3M | $39.5M | $15.3M | $35.2M | $20.3M |
| Gross margin | 22.7% | 22.6% | 23.2% | 25.0% | 24.2% | 24.3% | 23.3% | 25.4% |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 10.2% | 10.4% | 10.4% | 11.4% | 11.6% | 11.6% | 10.3% | 12.5% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-12 | Shishin Maxim· Chief Information Officer | Sale | 2,250 | $60.59 | $136,327.50 | filing |
| 2026-06-12 | Shishin Maxim· Chief Information Officer | Option exercise | 2,250 | $52.65 | $118,455.75 | filing |
| 2026-06-12 | Combs Michael G· CEO & President | Sale | 500 | $60.79 | $30,395.00 | filing |
| 2026-06-11 | Combs Michael G· CEO & President | Sale | 7,000 | $60.55 | $423,819.90 | filing |
| 2026-06-11 | JESSUP R JUDD | Tax withholding | 2,153 | $60.79 | $130,880.87 | filing |
| 2026-06-11 | JESSUP R JUDD | Option exercise | 9,000 | $14.44 | $129,960.00 | filing |
| 2026-06-10 | Combs Michael G· CEO & President | Sale | 7,000 | $61.38 | $429,625.70 | filing |
| 2026-06-09 | MICHAEL JEFFREY J | Sale | 9,000 | $60.98 | $548,834.40 | filing |
| 2026-06-09 | Combs Michael G· CEO & President | Sale | 7,000 | $60.90 | $426,293.00 | filing |
| 2026-06-09 | MICHAEL JEFFREY J | Option exercise | 9,000 | $14.44 | $129,960.00 | filing |
| 2026-06-08 | Combs Michael G· CEO & President | Sale | 7,000 | $60.22 | $421,558.20 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Sale | 958 | $61.02 | $58,457.64 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Sale | 900 | $61.02 | $54,918.45 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Option exercise | 958 | $52.00 | $49,813.13 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Option exercise | 900 | $49.63 | $44,667.00 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Sale | 141 | $61.02 | $8,603.89 | filing |
| 2026-05-26 | Yoss Jennifer· Vice President of Accounting | Option exercise | 141 | $52.00 | $7,331.58 | filing |
| 2026-05-01 | Nichols Brian S.· Chief Financial Officer | Option exercise | 18 | $39.83 | $716.89 | filing |
| 2026-05-01 | Nichols Brian S.· Chief Financial Officer | Tax withholding | 12 | $57.53 | $690.36 | filing |
| 2026-05-01 | Nichols Brian S.· Chief Financial Officer | Tax withholding | 1 | $57.53 | $57.53 | filing |
| 2026-04-22 | Bertels Mark E.· EVP - Risk Management Services | Option exercise | 1,050 | $39.83 | $41,818.35 | filing |
| 2026-04-22 | Bertels Mark E.· EVP - Risk Management Services | Tax withholding | 736 | $56.76 | $41,775.36 | filing |
| 2026-04-22 | Bertels Mark E.· EVP - Risk Management Services | Tax withholding | 94 | $57.40 | $5,395.60 | filing |
| 2026-03-31 | Combs Michael G· CEO & President | Award | 62 | $51.92 | $3,218.89 | filing |
| 2026-03-31 | Yoss Jennifer· Vice President of Accounting | Award | 50 | $51.92 | $2,595.88 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.