CorVel Corporation is a provider of healthcare management services and solutions for workers' compensation, auto and liability, group health and disability insurance markets. The Company’s services include claims management, bill review, preferred provider networks, utilization management, case management, directed care and medicare services.The Company’s target markets are employers, insurance companies, third party administrators, and state and municipal governments. 

Company Growth (employees)
Irvine, US
Size (employees)
3,629 (est)
CorVel was founded in 1987 and is headquartered in Irvine, US

CorVel Office Locations

CorVel has an office in Irvine
Irvine, US (HQ)
2010 Main Street Suite 600
Show all (1)

CorVel Financials and Metrics

CorVel Financials

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

Revenue (Q3, 2018)

414.8 m

Gross profit (Q3, 2018)

80.1 m

Gross profit margin (Q3, 2018), %


Net income (Q3, 2018)

26.7 m

Market capitalization (16-Feb-2018)

961.8 m

Cash (31-Dec-2017)

53.6 m
CorVel's current market capitalization is $961.8 m.
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


119.4 m121.1 m124.4 m123.7 m122.4 m126.9 m124.5 m123.9 m128.5 m128.2 m128.4 m137.6 m136.4 m414.8 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 m110.7 m334.7 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 m25.8 m80.1 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


22.2 m32.7 m34.1 m28.2 m31 m27.1 m24.9 m26.5 m36.2 m40.9 m38.8 m35 m38.1 m53.6 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 m66 m63.5 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 m148.3 m166.6 m


50 m49.7 m51.8 m52.6 m52.9 m56.2 m54.6 m53.6 m55.8 m57.4 m58.2 m63.2 m64.1 m63.7 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, 2018Q3, 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 m26.7 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 m16 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)(2.4 m)

    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 m49.9 m
      USDY, 2017


      114.3 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

      CorVel's Web-traffic and Trends

      CorVel Online and Social Media Presence

      CorVel Company Life and Culture

      You may also be interested in