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)
Type
Public
HQ
Irvine, US
Founded
1987
Size (employees)
3,629 (est)+4%
Website
corvel.com
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 Financials and Metrics

CorVel Financials

CorVel's revenue was reported to be $518.7 m in FY, 2017
USD

Revenue (Q1, 2018)

137.6 m

Gross profit (Q1, 2018)

28.8 m

Gross profit margin (Q1, 2018), %

21%

Net income (Q1, 2018)

8.8 m

Market capitalization (13-Nov-2017)

1 b

Cash (30-Jun-2017)

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

Revenue

478.8 m492.6 m503.6 m518.7 m

Revenue growth, %

3%2%3%

Cost of goods sold

370.3 m392.7 m399 m413.9 m

Gross profit

108.5 m100 m104.5 m104.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

119.4 m121.1 m124.4 m123.7 m122.4 m126.9 m124.5 m123.9 m128.5 m128.2 m128.4 m137.6 m

Cost of goods sold

92 m93.4 m96.7 m98.2 m98.2 m100.8 m97.8 m98.7 m102.9 m102.3 m102.8 m108.8 m

Gross profit

27.3 m27.7 m27.7 m25.5 m24.1 m26.2 m26.7 m25.2 m25.6 m25.9 m25.6 m28.8 m

Gross profit Margin, %

23%23%22%21%20%21%21%20%20%20%20%21%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

PP&E

51.3 m56.3 m53.3 m63 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

22.2 m32.7 m34.1 m28.2 m31 m27.1 m24.9 m26.5 m36.2 m40.9 m38.8 m35 m

Accounts Receivable

54.4 m55.4 m57.2 m60.3 m56.2 m56.9 m59.2 m55.9 m60.7 m60.4 m59.2 m62.8 m

Current Assets

100.4 m111.1 m116.4 m119.1 m115.3 m116.9 m122.9 m120.8 m128 m138.7 m135.6 m134.4 m

PP&E

50 m49.7 m51.8 m52.6 m52.9 m56.2 m54.6 m53.6 m55.8 m57.4 m58.2 m63.2 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

17.3 m26.1 m8.3 m16.2 m23 m6.9 m15.2 m21.9 m7.5 m14.4 m21.5 m8.8 m

Depreciation and Amortization

8.1 m12.2 m4.1 m8.7 m13.3 m4.9 m9.9 m14.9 m5.1 m10.4 m15.6 m5.3 m

Accounts Receivable

(5.7 m)(7.3 m)(312 k)(3.9 m)(436 k)323 k(2.6 m)564 k(1.3 m)(1.8 m)(1.1 m)(203 k)

Cash From Operating Activities

28.5 m45.6 m9.7 m15.6 m33.1 m15.1 m24.6 m36.8 m8.1 m20.5 m35.6 m21.4 m
Y, 2017

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

CorVel's Web-traffic and Trends

CorVel Online and Social Media Presence

CorVel Company Life and Culture

You may also be interested in