CorVel Corporation

CorVel Corporation

CRVLยทNASDAQ

$57.27

-8.1%
Financial ServicesInsurance - Brokers

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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. 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 offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, 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 was incorporated in 1987 and is headquartered in Fort Worth, Texas.

At a Glance

Live Snapshot
Market Cap$2.90B
EPS2.1500
P/E Ratio26.64
Earnings Date08/04/2026
3Y+89.0%
5Y+58.0%
10Y+148.0%
3Y+20.0%
5Y+10.0%
10Y+106.0%
3Y-67.0%
5Y-53.0%
10Y-1.0%
CRVL

CorVel Corporation Cash Conversion Engine

CRVL ยท NASDAQ
Net Income95.17M
Depreciation & Amortization29.54M
Stock-Based Compensation5.71M
Change in Working Capital-1.83M
Others3.89M
Capital Expenditures-35.76M
Free Cash Flow91.56M

Cash Flow Quality Analysis

FCF Conversion Rate

96.2%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

28.1%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+30.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.83M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

CorVel Corporation Cash Flow Statement

CRVL โ€ข NASDAQ

CorVel Corporation Cash Flow StatementMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 2009Mar 2008Mar 2007Mar 2006
OPERATING ACTIVITIES
95.2M
76.3M
66.4M
66.4M
46.4M
47.4M
46.7M
35.7M
29.5M
28.5M
28.6M
34.4M
26.7M
26.6M
24.7M
26.1M
19.3M
23.4M
18.6M
9.8M
29.5M
26.3M
25.1M
23.9M
23.4M
22.5M
23M
21.8M
20.9M
20M
18M
16.4M
15.7M
14.7M
12.2M
12M
11.8M
11.8M
10.1M
10.9M
-5.2M
-3.3M
-1.9M
2.3M
-8.4M
1.5M
1.5M
-874K
-1.2M
-1.7M
304K
-2.5M
2.3M
9.1M
624K
308K
2K
-2.2M
-1.5M
-1.5M
5.7M
5M
5.6M
5.2M
5M
4.5M
4.3M
3.2M
2.4M
2.2M
2.2M
2.1M
997K
2.3M
2.5M
2.1M
1.3M
0.0
0.0
0.0
3.9M
2.1M
1.6M
280K
2.6M
1.8M
2.2M
3.8M
3.1M
1.6M
2M
1.4M
2.5M
2.9M
6.2M
2.9M
2.5M
4.1M
4.3M
4.2M
(28.1M)
(22.9M)
(20M)
(19.4M)
(20.8M)
(15.1M)
(12.9M)
(16.2M)
(18.3M)
-13.6M
-19.5M
(20.8M)
(9.7M)
(12.9M)
(13.7M)
(17.3M)
(11.5M)
(0.0)
(0.0)
(0.0)
-1.8M
-7M
-14.5M
-30.9M
25.4M
3.2M
966K
-1.4M
-2.7M
655K
-6.8M
3M
6.5M
-19.3M
2.4M
-5.1M
-3.6M
260K
-1.5M
5.4M
127.3M
99.2M
82.3M
67.2M
94.4M
80.8M
78.6M
62.2M
52.1M
51.3M
44.3M
54.8M
54.8M
36.2M
48.7M
38.3M
31.3M
37.3M
30M
28.7M
INVESTING ACTIVITIES
-35.8M
-29.2M
-26.3M
-29.8M
-17.2M
-32.4M
-15.3M
-27.7M
-31M
-16.8M
-22.9M
-18.3M
-14.9M
-23.2M
-18.5M
-11.7M
-10.5M
-14.8M
-8.5M
-7.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-45K
-1.2M
-600K
-3.4M
-14.6M
-12M
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
34K
-600K
-1.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-35.8M
-29.2M
-26.3M
-29.8M
-17.2M
-32.4M
-15.3M
-27.7M
-31M
-17.4M
-24.3M
-18.3M
-14.9M
-23.3M
-19.7M
-12.3M
-13.8M
-29.3M
-20.5M
-7.8M
FINANCING ACTIVITIES
-37.6M
-45.7M
-93.7M
-90.1M
-32.7M
-65.6M
-35.2M
-11.2M
-28M
-31.5M
-31.8M
-27.2M
-27M
-19.1M
-25.9M
-29.8M
-21.3M
-5.4M
-12.3M
-15.7M
-37.6M
-45.7M
-93.7M
-90.1M
-32.7M
-65.6M
-35.2M
-11.2M
-28M
-31.5M
-31.8M
-27.2M
-30.7M
-21.6M
-30.6M
-32.6M
-23.5M
-8.2M
-21.9M
-18.7M
11.1M
9.9M
11.5M
10.5M
12M
8.7M
7.7M
3.9M
2.8M
4.8M
2.4M
5.8M
4M
459K
-1M
3.8M
2.8M
340K
3.6M
0.0
-26.5M
-35.8M
-82.1M
-79.6M
-20.6M
-57M
-27.4M
-7.3M
-25.2M
-26.7M
-29.4M
-21.4M
-26.7M
-18.6M
-26.9M
-28.8M
-20.7M
-5M
-8.7M
-15.7M
CASH FLOW SUMMARY
65M
34.2M
-26.2M
-42.2M
56.5M
-8.5M
35.9M
27.2M
-4.2M
7.3M
-9.4M
15M
13.2M
-5.7M
2M
-3M
-3.2M
2.9M
814K
5.3M
105.6M
71.3M
97.5M
139.7M
83.2M
91.7M
55.8M
28.6M
32.8M
25.5M
34.9M
19.8M
6.6M
12.3M
10.2M
13.2M
17.9M
15M
14.2M
8.9M
170.6M
105.6M
71.3M
97.5M
139.7M
83.2M
91.7M
55.8M
28.6M
32.8M
25.5M
34.9M
19.8M
6.6M
12.3M
10.2M
14.7M
17.9M
15M
14.2M
91.6M
70M
56M
37.4M
77.1M
48.5M
63.4M
34.5M
21M
34.6M
21.4M
36.5M
39.9M
12.5M
26.6M
26.6M
20.8M
22.5M
21.5M
21M

SEC Filings

CRVL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 27, 2026
2026
10-K

10-K 2026 FY

FY

May 22, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 20, 2026
May 20, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

September 12, 2025
September 10, 2025
2025
8-K

8-K 2025

N/A

August 13, 2025
August 07, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
Showing 1 to 10 of 342 filings