CorVel (CRVL) stock price, revenue, and financials

CorVel market cap is $1.4 b, and annual revenue was $595.74 m in FY 2019

$1.4 B

CRVL Mkt cap, 16-Oct-2019

$150.1 M

CorVel Revenue Q1, 2020
CorVel Gross profit (Q1, 2020)33.1 M
CorVel Gross profit margin (Q1, 2020), %22.1%
CorVel Net income (Q1, 2020)13.4 M
CorVel Cash, 30-Jun-2019104.4 M

CorVel Revenue

CorVel revenue was $595.74 m in FY, 2019

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CorVel Revenue Breakdown

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CorVel revenue breakdown by business segment: 55.1% from Patient management services and 44.9% from Network solutions services

CorVel Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

478.8m492.6m503.6m518.7m558.4m595.7m

Revenue growth, %

3%2%3%

Cost of goods sold

370.3m392.7m399.0m413.9m451.1m470.9m

Gross profit

108.5m100.0m104.5m104.8m107.3m124.8m

Gross profit Margin, %

23%20%21%20%19%21%

General and administrative expense

52.0m58.5m57.2m59.4m63.3m

Operating expense total

52.0m58.5m57.2m59.4m63.3m

EBIT

56.5m45.6m46.1m

EBIT margin, %

12%9%9%

Pre tax profit

56.5m45.6m46.1m47.5m47.9m61.5m

Income tax expense

22.1m17.0m17.5m18.1m12.2m14.8m

Net Income

34.4m28.6m28.5m29.5m35.7m46.7m

CorVel Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

34.9m25.5m32.8m28.6m55.8m91.7m

Accounts Receivable

57.2m57.5m59.7m62.8m64.9m71.3m

Current Assets

121.0m119.2m123.1m128.9m163.3m215.5m

PP&E

51.3m56.3m53.3m63.0m69.4m62.0m

Goodwill

36.8m36.8m36.8m36.8m36.8m36.8m

Total Assets

214.5m218.8m220.3m235.4m274.0m318.0m

Accounts Payable

18.5m15.8m13.2m35.2m

Current Liabilities

71.8m74.1m80.4m90.1m98.0m116.9m

Total Liabilities

88.0m88.3m96.7m102.8m123.2m

Retained Earnings

336.2m364.8m393.3m422.8m458.5m505.2m

Total Equity

126.5m127.9m131.9m138.6m171.2m194.8m

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.6 x1.6 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

22.2m32.7m34.1m28.2m31.0m27.1m24.9m26.5m36.2m40.9m38.8m35.0m38.1m53.6m73.3m90.1m96.5m104.4m

Accounts Receivable

54.4m55.4m57.2m60.3m56.2m56.9m59.2m55.9m60.7m60.4m59.2m62.8m66.0m63.5m66.1m65.1m62.4m66.8m

Current Assets

100.4m111.1m116.4m119.1m115.3m116.9m122.9m120.8m128.0m138.7m135.6m134.4m148.3m166.6m183.2m204.1m210.0m221.6m

PP&E

50.0m49.7m51.8m52.6m52.9m56.2m54.6m53.6m55.8m57.4m58.2m63.2m64.1m63.7m66.8m64.8m62.9m68.2m

Goodwill

36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m36.8m

Total Assets

192.8m202.9m211.1m214.4m211.3m216.6m221.7m218.6m227.4m240.2m237.7m240.5m255.5m272.0m291.2m309.9m313.7m427.9m

Accounts Payable

17.2m18.7m19.4m14.2m17.4m15.5m11.6m18.0m16.2m16.0m20.7m15.4m16.9m16.0m13.7m15.3m23.1m

Current Liabilities

62.1m65.7m64.4m66.1m64.8m72.7m77.4m73.8m79.2m86.6m87.5m95.4m101.7m109.9m104.8m115.6m117.4m130.7m

Total Liabilities

90.5m86.9m94.1m94.7m101.8m107.8m111.8m109.3m119.9m121.5m224.0m

Additional Paid-in Capital

114.4m116.4m120.3m121.5m122.3m124.9m126.7m128.5m133.2m134.4m135.2m138.1m138.8m141.7m146.1m149.3m152.5m160.5m

Retained Earnings

319.1m327.8m344.5m352.4m359.2m371.7m379.9m386.6m400.8m407.7m414.8m431.5m439.9m449.5m470.2m483.0m493.3m518.6m

Total Equity

112.4m119.0m130.5m132.2m130.4m127.2m127.6m128.1m140.6m146.1m143.0m138.7m147.7m160.2m181.9m190.1m192.3m203.8m

Financial Leverage

1.7 x1.7 x1.6 x1.6 x1.6 x1.7 x1.7 x1.7 x1.6 x1.6 x1.7 x1.7 x1.7 x1.7 x1.6 x1.6 x1.6 x2.1 x

CorVel Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

34.4m28.6m28.5m29.5m35.7m46.7m

Depreciation and Amortization

16.4m18.0m20.0m20.9m21.8m23.0m

Accounts Receivable

(9.5m)(2.0m)(3.6m)(5.4m)(4.7m)(8.3m)

Accounts Payable

2.5m(2.7m)(2.5m)

Cash From Operating Activities

54.8m44.3m51.3m52.1m62.2m78.6m

Purchases of PP&E

(18.3m)(22.9m)(16.8m)(31.0m)(27.7m)(15.3m)

Cash From Investing Activities

(18.3m)(24.3m)(17.4m)(31.0m)(27.7m)(15.3m)

Cash From Financing Activities

(21.4m)(29.4m)(26.7m)(25.2m)(7.3m)(27.4m)

Income Taxes Paid

20.8m19.5m13.6m18.3m16.2m12.9m

CorVel Ratios

USDY, 2019

Financial Leverage

2.1 x

CorVel Employee Rating

3.3331 votes
Culture & Values
3.2
Work/Life Balance
3.6
Senior Management
3.1
Salary & Benefits
2.6
Career Opportunities
3.2
Source