We are publicly traded (NASDAQ:CRVL) and annual revenues exceeded $493 million in FY2015. Our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. CorVel has approximately 3,500 associates who serve more than 2,000 customers through a national branch office network covering all 50 states.
Company Growth (employees)
Irvine, US
Size (employees)
3,629 (est)+4%
CorVel was founded in 1987 and is headquartered in Irvine, US

CorVel Office Locations

CorVel has an office in Irvine
Irvine, US (HQ)
1020 2010 Main St

CorVel Data and Metrics

CorVel Financial Metrics

CorVel's revenue was reported to be $518.7 m in FY, 2017 which is a 3% increase from the previous period.

Revenue (FY, 2017)

518.7 m

Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)

104.8 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

29.5 m

Market capitalization (22-Sep-2017)

1 b

Cash (31-Mar-2017)

28.6 m
CorVel's current market capitalization is $1 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017


478.8 m492.6 m503.6 m518.7 m

Revenue growth, %


Cost of goods sold

370.3 m392.7 m399 m413.9 m

Gross profit

108.5 m100 m104.5 m104.8 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


124.4 m123.7 m122.4 m126.9 m124.5 m123.9 m128.5 m128.2 m128.4 m

Cost of goods sold

96.7 m98.2 m98.2 m100.8 m97.8 m98.7 m102.9 m102.3 m102.8 m

Gross profit

27.7 m25.5 m24.1 m26.2 m26.7 m25.2 m25.6 m25.9 m25.6 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016FY, 2017


34.9 m25.5 m32.8 m28.6 m

Accounts Receivable

57.2 m57.5 m59.7 m62.8 m

Current Assets

121 m119.2 m123.1 m128.9 m


51.3 m56.3 m53.3 m63 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


34.1 m28.2 m31 m27.1 m24.9 m26.5 m36.2 m40.9 m38.8 m

Accounts Receivable

57.2 m60.3 m56.2 m56.9 m59.2 m55.9 m60.7 m60.4 m59.2 m

Current Assets

116.4 m119.1 m115.3 m116.9 m122.9 m120.8 m128 m138.7 m135.6 m


51.8 m52.6 m52.9 m56.2 m54.6 m53.6 m55.8 m57.4 m58.2 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

34.4 m28.6 m28.5 m29.5 m

Depreciation and Amortization

16.4 m18 m20 m20.9 m

Accounts Receivable

(9.5 m)(2 m)(3.6 m)(5.4 m)

Accounts Payable

2.5 m(2.7 m)(2.5 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

8.3 m16.2 m23 m6.9 m15.2 m21.9 m7.5 m14.4 m21.5 m

Depreciation and Amortization

4.1 m8.7 m13.3 m4.9 m9.9 m14.9 m5.1 m10.4 m15.6 m

Accounts Receivable

(312 k)(3.9 m)(436 k)323 k(2.6 m)564 k(1.3 m)(1.8 m)(1.1 m)

Cash From Operating Activities

9.7 m15.6 m33.1 m15.1 m24.6 m36.8 m8.1 m20.5 m35.6 m
USDY, 2017


146.2 k

Financial Leverage

1.7 x
Show all financial metrics

CorVel Market Value History

CorVel Revenue Breakdown

CorVel Median Salaries

Source: 12 public H-1B filings from CorVel

Traffic Overview of CorVel

CorVel Online and Social Media Presence

CorVel Company Life and Culture

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