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CORVEL CORP CRVL

Nasdaq · stock · Insurance Agents, Brokers & Service · website · IPO 1991-06-28

CORVEL CORP statistics & valuation

P / E28.9×
P / S3.3×
P / B8.1×
P / FCF29.0×
Net margin11.5%
FCF margin11.5%
Graham number -69.4%$19.18

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.70% 6.40% 7.80% 8.00% 8.40% 10.30% 9.20% 9.60% 10.60% 11.50% 2017201820192020202120222023202420252026
Gross margin (%)
20.20% 19.20% 21.00% 21.30% 22.40% 23.50% 22.00% 21.60% 23.40% 24.30% 2017201820192020202120222023202420252026
Operating margin (%)
2017201820192020202120222023202420252026
Return on equity (%)
21.30% 20.90% 24.00% 25.00% 21.00% 31.30% 32.80% 30.80% 29.60% 28.00% 2017201820192020202120222023202420252026
Shares outstanding
58.7M 57.1M 57.0M 55.8M 54.5M 54.4M 52.8M 52.0M 52.0M 51.6M 2017201820192020202120222023202420252026
Net debt ($)
2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
12.50% 13.00% 14.70% 11.40% 10.90% 16.00% 16.80% 16.80% 17.40% 17.20% 2017201820192020202120222023202420252026
Free cash flow margin (%)
4.10% 6.20% 10.60% 8.20% 14.00% 5.80% 7.80% 8.80% 10.20% 11.50% 2017201820192020202120222023202420252026
Debt / equity (×)
2017201820192020202120222023202420252026
EPS ($)
$0.50 $0.62 $0.82 $0.85 $0.85 $1.22 $1.26 $1.47 $1.83 $2.14 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CORVEL CORP trades at about 29.3× earnings — below its 10-year norm (10-year range 20.7×–59.4×, median 42.4×).

20.7× 59.4×

Shaded band = 10-year range (20.7×–59.4×); dot = today's 29.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin24.3%23.4%21.6%22.0%23.5%22.4%21.3%21.0%19.2%20.2%
Net margin11.5%10.6%9.6%9.2%10.3%8.4%8.0%7.8%6.4%5.7%
FCF margin11.5%10.2%8.8%7.8%5.8%14.0%8.2%10.6%6.2%4.1%
Return on assets17.2%17.4%16.8%16.8%16.0%10.9%11.4%14.7%13.0%12.5%
Return on equity28.0%29.6%30.8%32.8%31.3%21.0%25.0%24.0%20.9%21.3%
Current ratio2.031.901.641.451.551.661.561.841.671.43

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.