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.
Irvine, US
Size (employees)
3,508 (est)
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 $503.6 m in FY, 2016 which is a 2% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

503.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

104.5 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

28.5 m

EBIT (FY, 2016)

46.1 m

Market capitalization (26-May-2017)

894.2 m

Closing share price (26-May-2017)


Cash (31-Dec-2016)

32.8 m
CorVel's current market capitalization is $894.2 m.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


478.8 m492.6 m503.6 m

Revenue growth, %


Cost of goods sold

370.3 m392.7 m399 m

Gross profit

108.5 m100 m104.5 m

Gross profit Margin, %



56.5 m45.6 m46.1 m

EBIT margin, %


Pre tax profit

56.5 m45.6 m46.1 m

Net Income

34.4 m28.6 m28.5 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


34.9 m25.5 m32.8 m

Accounts Receivable

57.2 m57.5 m59.7 m

Current Assets

121 m119.2 m123.1 m


51.3 m56.3 m53.3 m


36.8 m36.8 m36.8 m

Total Assets

214.5 m218.8 m220.3 m

Accounts Payable

18.5 m15.8 m13.2 m

Current Liabilities

71.8 m74.1 m80.4 m

Retained Earnings

336.2 m364.8 m393.3 m

Total Equity

126.5 m127.9 m131.9 m

Financial Leverage

1.7 x1.7 x1.7 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

34.4 m28.6 m28.5 m

Depreciation and Amortization

16.4 m18 m20 m

Accounts Receivable

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

Accounts Payable

2.5 m(2.7 m)(2.5 m)

Cash From Operating Activities

54.8 m44.3 m51.3 m

Purchases of PP&E

(18.3 m)(22.9 m)(16.8 m)

Cash From Investing Activities

(18.3 m)(24.3 m)(17.4 m)

Cash From Financing Activities

(21.4 m)(29.4 m)(26.7 m)

Income Taxes Paid

20.8 m19.5 m13.6 m
Numbers are in $, USDY, 2016


143.6 k

Financial Leverage

1.7 x

CorVel Market Value History

CorVel Revenue Breakdown

CorVel Median Salaries

Source: 12 public H-1B filings from CorVel

CorVel Online and Social Media Presence

CorVel Company Life and Culture

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