Company Growth (employees)
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.
USD
Revenue (FY, 2017) | 518.7 m |
Revenue growth (FY, 2016 - FY, 2017), % | 3% |
Gross profit (FY, 2017) | 104.8 m |
Gross profit margin (FY, 2017), % | 20% |
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.
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Revenue | 478.8 m | 492.6 m | 503.6 m | 518.7 m |
Revenue growth, % | 3% | 2% | 3% | |
Cost of goods sold | 370.3 m | 392.7 m | 399 m | 413.9 m |
Gross profit | 108.5 m | 100 m | 104.5 m | 104.8 m |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 124.4 m | 123.7 m | 122.4 m | 126.9 m | 124.5 m | 123.9 m | 128.5 m | 128.2 m | 128.4 m |
Cost of goods sold | 96.7 m | 98.2 m | 98.2 m | 100.8 m | 97.8 m | 98.7 m | 102.9 m | 102.3 m | 102.8 m |
Gross profit | 27.7 m | 25.5 m | 24.1 m | 26.2 m | 26.7 m | 25.2 m | 25.6 m | 25.9 m | 25.6 m |
Gross profit Margin, % | 22% | 21% | 20% | 21% | 21% | 20% | 20% | 20% | 20% |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 34.9 m | 25.5 m | 32.8 m | 28.6 m |
Accounts Receivable | 57.2 m | 57.5 m | 59.7 m | 62.8 m |
Current Assets | 121 m | 119.2 m | 123.1 m | 128.9 m |
PP&E | 51.3 m | 56.3 m | 53.3 m | 63 m |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 34.1 m | 28.2 m | 31 m | 27.1 m | 24.9 m | 26.5 m | 36.2 m | 40.9 m | 38.8 m |
Accounts Receivable | 57.2 m | 60.3 m | 56.2 m | 56.9 m | 59.2 m | 55.9 m | 60.7 m | 60.4 m | 59.2 m |
Current Assets | 116.4 m | 119.1 m | 115.3 m | 116.9 m | 122.9 m | 120.8 m | 128 m | 138.7 m | 135.6 m |
PP&E | 51.8 m | 52.6 m | 52.9 m | 56.2 m | 54.6 m | 53.6 m | 55.8 m | 57.4 m | 58.2 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 34.4 m | 28.6 m | 28.5 m | 29.5 m |
Depreciation and Amortization | 16.4 m | 18 m | 20 m | 20.9 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) |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 8.3 m | 16.2 m | 23 m | 6.9 m | 15.2 m | 21.9 m | 7.5 m | 14.4 m | 21.5 m |
Depreciation and Amortization | 4.1 m | 8.7 m | 13.3 m | 4.9 m | 9.9 m | 14.9 m | 5.1 m | 10.4 m | 15.6 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 m | 15.6 m | 33.1 m | 15.1 m | 24.6 m | 36.8 m | 8.1 m | 20.5 m | 35.6 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 146.2 k |
Financial Leverage | 1.7 x |
CorVel Market Value History
CorVel Revenue Breakdown
CorVel Median Salaries
Source: 12 public H-1B filings from CorVel
