📊 CRVL Key Takeaways
Investment Thesis
CorVel demonstrates exceptional financial health with strong profitability metrics (14.6% operating margin, 11.2% net margin) and excellent returns on equity (21.1%) and assets (12.3%). The company generates substantial free cash flow of $90M annually with a healthy 12.7% FCF margin, maintains a fortress balance sheet with zero debt and $230M in cash, and has achieved significant EPS growth of 24.5% YoY despite flat revenue, indicating exceptional operational leverage and efficiency improvements.
CRVL Strengths
- Best-in-class profitability with 14.6% operating margin and 21.1% ROE
- Fortress balance sheet with zero debt and $230M cash (36% of total assets)
- Strong free cash flow generation of $90M annually with 12.7% FCF margin
- EPS growth of 24.5% YoY demonstrates operational excellence and share buyback effectiveness
- Excellent liquidity position with 1.85x current and quick ratios
CRVL Risks
- Revenue growth stagnating at 0% YoY indicates market maturity or competitive pressures in insurance services
- High insider trading activity (10 Form 4 filings in 90 days) warrants monitoring for potential insider motivations
- Net income flat YoY while EPS grew 24.5% suggests heavy reliance on share repurchases for per-share growth rather than organic earnings expansion
- Exposure to workers' compensation and liability insurance markets subject to cyclical economic pressures
Key Metrics to Watch
- Revenue growth trajectory and organic growth drivers
- Operating margin sustainability given EPS growth without revenue growth
- Free cash flow conversion and capital allocation efficiency
- Share count reduction rate and buyback pace
- Expense ratio trends in insurance operations
CRVL Financial Metrics
💡 AI Analyst Insight
CORVEL CORP presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CRVL Profitability Ratios
CRVL vs Finance Sector
How CORVEL CORP compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CRVL Balance Sheet & Liquidity
CRVL 5-Year Financial Trend
5-Year Trend Summary: CORVEL CORP's revenue has grown significantly by 50% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.26 reflects profitable operations.
CRVL Growth Metrics (YoY)
CRVL Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $228.0M | $23.8M | $0.46 |
| Q2 2025 | $224.4M | $23.4M | $0.45 |
| Q1 2025 | $211.7M | $21.6M | $0.42 |
| Q3 2024 | $202.3M | $17.1M | $0.33 |
| Q2 2024 | $195.5M | $19.9M | $1.15 |
| Q1 2024 | $190.3M | $19.8M | $1.14 |
| Q3 2023 | $179.4M | $16.8M | $0.96 |
| Q2 2023 | $177.4M | $14.7M | $0.83 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CRVL Capital Allocation
CRVL SEC Filings
Access official SEC EDGAR filings for CORVEL CORP (CIK: 0000874866)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CRVL
What is the AI rating for CRVL?
CORVEL CORP (CRVL) has an AI rating of STRONG BUY with 87% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CRVL's key strengths?
Best-in-class profitability with 14.6% operating margin and 21.1% ROE. Fortress balance sheet with zero debt and $230M cash (36% of total assets).
What are the risks of investing in CRVL?
Revenue growth stagnating at 0% YoY indicates market maturity or competitive pressures in insurance services. High insider trading activity (10 Form 4 filings in 90 days) warrants monitoring for potential insider motivations.
What is CRVL's revenue and growth?
CORVEL CORP reported revenue of $710.0M.
Does CRVL pay dividends?
CORVEL CORP does not currently pay dividends.
Where can I find CRVL SEC filings?
Official SEC filings for CORVEL CORP (CIK: 0000874866) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CRVL's EPS?
CORVEL CORP has a diluted EPS of $1.53.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.