CRVL
CorVel Corp
NASDAQ: CRVL · FINANCIAL SERVICES · INSURANCE BROKERS
$58.15
+0.29% today
Updated 2026-04-29
Market cap
$2.98B
P/E ratio
28.50
P/S ratio
3.17x
EPS (TTM)
$2.04
Dividend yield
—
52W range
$45 – $117
Volume
0.2M
CorVel Corp (CRVL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $266.50M | $274.58M | $301.89M | $310.08M | $337.97M | $380.67M | $412.67M | $429.31M | $478.82M | $492.63M | $503.58M | $518.69M | $558.35M | $595.74M | $592.23M | $552.64M | $646.23M | $718.56M | $795.31M | $895.59M |
| Revenue growth (YoY) | — | +3.0% | +9.9% | +2.7% | +9.0% | +12.6% | +8.4% | +4.0% | +11.5% | +2.9% | +2.2% | +3.0% | +7.6% | +6.7% | -0.6% | -6.7% | +16.9% | +11.2% | +10.7% | +12.6% |
| Cost of revenue | $221.06M | $208.75M | $223.83M | $236.33M | $252.43M | $284.10M | $318.83M | $337.65M | $370.33M | $392.66M | $399.04M | $413.89M | $451.10M | $470.93M | $466.30M | $429.02M | $494.12M | $560.30M | $623.62M | $685.86M |
| Gross profit | $45.44M | $65.83M | $78.06M | $73.74M | $85.54M | $96.57M | $93.84M | $91.66M | $108.48M | $99.97M | $104.54M | $104.79M | $107.25M | $124.81M | $125.92M | $123.62M | $152.11M | $158.26M | $171.69M | $209.73M |
| Gross margin | 17.1% | 24.0% | 25.9% | 23.8% | 25.3% | 25.4% | 22.7% | 21.4% | 22.7% | 20.3% | 20.8% | 20.2% | 19.2% | 21.0% | 21.3% | 22.4% | 23.5% | 22.0% | 21.6% | 23.4% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $29.59M | $35.38M | $39.72M | $42.13M | $42.06M | $59.17M | $50.41M | $47.77M | $51.97M | $54.41M | $58.48M | $57.24M | $59.35M | $63.30M | $65.21M | $64.45M | $67.60M | $73.70M | $76.59M | $88.90M |
| Operating income | $15.85M | $30.45M | $38.34M | $31.61M | $43.48M | $37.40M | $43.44M | $43.90M | $56.51M | $45.56M | $46.06M | $47.55M | $47.90M | $61.51M | $60.71M | $59.17M | $84.51M | $84.55M | $95.10M | $120.82M |
| Operating margin | 5.9% | 11.1% | 12.7% | 10.2% | 12.9% | 9.8% | 10.5% | 10.2% | 11.8% | 9.2% | 9.1% | 9.2% | 8.6% | 10.3% | 10.3% | 10.7% | 13.1% | 11.8% | 12.0% | 13.5% |
| EBITDA | $26.79M | $40.57M | $50.11M | $43.39M | $55.47M | $49.65M | $58.16M | $59.63M | $72.92M | $63.56M | $66.01M | $68.50M | $69.68M | $84.50M | $83.23M | $82.61M | $108.43M | $109.67M | $121.35M | $150.36M |
| EBITDA margin | 10.1% | 14.8% | 16.6% | 14.0% | 16.4% | 13.0% | 14.1% | 13.9% | 15.2% | 12.9% | 13.1% | 13.2% | 12.5% | 14.2% | 14.1% | 14.9% | 16.8% | 15.3% | 15.3% | 16.8% |
| EBIT | $15.85M | $30.45M | $38.34M | $31.61M | $43.48M | $37.40M | $43.44M | $43.90M | $56.51M | $45.56M | $46.06M | $47.55M | $47.90M | $61.51M | $60.71M | $59.17M | $84.51M | $84.55M | $95.10M | $120.82M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $22.52M | $23.44M | $23.92M | $25.12M | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $9.75M | $18.58M | $23.38M | $19.28M | $26.10M | $24.66M | $26.55M | $26.73M | $34.39M | $28.59M | $28.52M | $29.48M | $35.70M | $46.70M | $47.38M | $46.36M | $66.41M | $66.36M | $76.25M | $95.17M |
| Net income growth (YoY) | — | +90.5% | +25.9% | -17.6% | +35.4% | -5.5% | +7.7% | +0.7% | +28.7% | -16.9% | -0.2% | +3.3% | +21.1% | +30.8% | +1.4% | -2.2% | +43.3% | -0.1% | +14.9% | +24.8% |
| Profit margin | 3.7% | 6.8% | 7.7% | 6.2% | 7.7% | 6.5% | 6.4% | 6.2% | 7.2% | 5.8% | 5.7% | 5.7% | 6.4% | 7.8% | 8.0% | 8.4% | 10.3% | 9.2% | 9.6% | 10.6% |