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CRVLCorVel Corporation
$73.30$3.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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CRVL logo

CorVel Corporation

CRVL
NASDAQ · Insurance Brokers
$73.30
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$3.74B
P/E34.3x
52W High$80.79
Volume163.29K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

Accelerating Premium Growth Masks Investment Income Dependence

CorVel's accelerating premium growth (10.7% YoY in 2027Q1) and improving underwriting profitability (combined ratio down to 83.3% from 89.1% in 2024Q4) suggest a fundamentally sound core business. However, the negative operating income in 2027Q1 and the absenc...

GrowthAccelerating
ProfitabilityStrong
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

CRVL price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

+68% Peers

P/E is 68% above peer median

03

Market leadership

RS 79 · Avg

Average momentum (RS Rating: 79)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CRVL+11.50%
S&P 500 (^GSPC)+12.39%
1-Year Return
CRVL-8.50%
S&P 500 (^GSPC)+15.77%
3-Year Return
CRVL+14.89%
S&P 500 (^GSPC)+76.50%
5-Year Return
CRVL+17.90%
S&P 500 (^GSPC)+66.85%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
34.3x
Forward P/E
42.1x
EV/EBITDA20th %ile
20.2x
FCF YieldCash Flow
2.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
34.3x
50.3x
20th· Low
EV/EBITDA
20.2x
30.2x
20th· Low
Price/FCF
33.9x
63.6x
20th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$30.56-58.3%
Base (Fair)$47.28-33.1%
Bull$67.99-7.2%
$30.56 Bear$47.28 Base$67.99 Bull
Current Market Price: $73.30
Trades at a 55.0% premium to Base DCF ($47.28)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$959M+7.0% YoY
Net income
$110M+16.0% YoY
Free cash flow
$110M+20.4% YoY
Operating margin
14.9%+1.4 pts YoY
ROIC (TTM)58.2%
Avg ROIC 5Y-
ROE (TTM)30.8%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate0/12 (0%)
Revenue Beat Rate0/12 (0%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.63
vs —
$260M
vs —
Q2 2026
May 20, 2026
$0.61
vs —
$249M
vs —
Q1 2026
Feb 3, 2026
$0.47
vs —
$236M
vs —
Q4 2025
Nov 4, 2025
$0.54
vs —
$240M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 3, 2026
Head to Head Analysis: CorVel (NASDAQ:CRVL) versus Wellgistics Health (NASDAQ:MEDS)

Wellgistics Health (NASDAQ: MEDS - Get Free Report) and CorVel (NASDAQ: CRVL - Get Free Report) are both healthcare companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends and profitability. Earnings and Valuation This table compares Wellgistics Health and

Defense World·Aug 12, 2026
Assenagon Asset Management S.A. Sells 95,906 Shares of CorVel Corp. $CRVL

Assenagon Asset Management S.A. reduced its stake in CorVel Corp. (NASDAQ: CRVL) by 48.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,952 shares of the business services provider's stock after selling 95,906 shares during the period.

Seeking Alpha·Aug 5, 2026
CorVel Corporation (CRVL) Q1 2027 Earnings Call Prepared Remarks Transcript

CorVel Corporation (CRVL) Q1 2027 Earnings Call Prepared Remarks Transcript

MarketBeat·Aug 5, 2026
CorVel Q1 Earnings Call Highlights

CorVel NASDAQ: CRVL reported June-quarter revenue of $260 million, up 11% from $235 million in the June 2025 quarter, while earnings per share rose 22% to $0.63 from $0.52 a year earlier.

Filtered for CorVel CorporationMore Headlines
04

Compare before deciding

Benchmark CRVL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CorVel Corporation (CRVL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CRVL logoCRVLCorVel CorporationCurrent
$73.30$3.74B34.257.03%11.51%30.81%—
MGRC logoMGRCMcGrath RentCorp
$113.24$2.77B17.833.65%16.38%12.44%—
GBLI logoGBLIGlobal Indemnity Group, LLC
$24.65$353.45M14.092.02%7.52%0.02%—
MCRB logoMCRBSeres Therapeutics, Inc.
$3.79$36.7M5.92—-1192.94%-60.32%—
AMSF logoAMSFAMERISAFE, Inc.
$24.37$455.81M9.872.63%14%18.37%—
EHTH logoEHTHeHealth, Inc.
$0.84$26.79M-2.484.06%5.42%3.23%—

Compare CRVL vs Peers

CorVel Corporation (CRVL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MGRC

Most directly comparable listed peer for CRVL.

Scale Benchmark

vs UNH

Larger-name benchmark to compare CRVL against a more recognizable public peer.

Peer Set

Compare Top 5

vs MGRC, GBLI, MCRB, AMSF

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CRVL SEC Filings & Documents

CorVel Corporation (CRVL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Jun 1, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

May 22, 2026·SEC

FY 2025

May 23, 2025·SEC

FY 2024

May 24, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

Feb 5, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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CRVL Frequently Asked Questions

CorVel Corporation (CRVL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is CorVel Corporation growing?

CorVel Corporation (CRVL) grew revenue by 7.0% over the past year. This is steady growth.

Is CRVL profitable?

Yes, CorVel Corporation (CRVL) is profitable, generating $115.3M in net income for fiscal year 2026 (11.5% net margin).

Dividend & Returns
What is CRVL's return on equity?

CorVel Corporation (CRVL) has a return on equity (ROE) of 30.8%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics
What is CorVel Corporation's combined ratio?

CorVel Corporation (CRVL) has a combined ratio of 85.1%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in CRVL back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →