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.
Type
Public
HQ
Irvine, US
Founded
1987
Size (employees)
3,508 (est)
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 Metrics

CorVel Financial Metrics

Revenue (2016)

$503.6 m

Revenue growth (2015-16), %

2%

Gross profit

$104.5 m

Gross profit margin (2016), %

21%

Net income (2016)

$28.5 m

Market capitalization (21-Mar-2017)

$793.8 m

Closing share price (21-Mar-2017)

$41.6

Cash (31-Mar-2016)

$32.8 m
CorVel's current market capitalization is $793.8 m.
CorVel's revenue was reported to be $503.6 m in FY, 2016 which is a 2.2% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$478.8 m$492.6 m$503.6 m

Revenue growth, %

3%2%

Cost of goods sold

$399 m

Gross profit

$108.5 m$100 m$104.5 m

Gross profit Margin, %

23%20%21%

EBIT

$56.5 m$45.6 m$46.1 m

EBIT margin, %

12%9%9%

Pre tax profit

$46.1 m

Net Income

$34.4 m$28.6 m$28.5 m
FY, 2014FY, 2015FY, 2016

Cash

$34.9 m$25.5 m$32.8 m

Accounts Receivable

$57.2 m$57.5 m$59.7 m

Inventories

Current Assets

$121 m$119.2 m$123.1 m

PP&E

$51.3 m$56.3 m$53.3 m

Goodwill

$36.8 m$36.8 m$36.8 m

Total Assets

$214.5 m$218.8 m$220.3 m

Accounts Payable

Current Liabilities

$71.8 m$74.1 m$80.4 m

Retained Earnings

$336.2 m$364.8 m$393.3 m

Total Equity

$126.5 m$127.9 m$131.9 m

Financial Leverage

1.7 x1.7 x1.7 x
FY, 2014FY, 2015FY, 2016

Net Income

$34.4 m$28.6 m$28.5 m

Depreciation and Amortization

$16.4 m$18 m$20 m

Accounts Receivable

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

Inventories

Accounts Payable

Cash From Operating Activities

$54.8 m$44.3 m$51.3 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)

Income Taxes Paid

$20.8 m$19.5 m$13.6 m

CorVel Market Value History

CorVel Median Salaries

Source: 12 public H-1B filings from CorVel

CorVel Online Presence

CorVel Company Life

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