CorVel Corporation (CRVL) AI Stock Analysis

CorVel Corporation, headquartered in Fort Worth, Texas, provides comprehensive solutions in workers' compensation, auto, liability, and health services across the United States. Founded in 1987, it assists employers, third party administrators, insurance companies, and government agencies in managing medical costs and healthcare claims. The company leverages artificial intelligence, machine learning, and natural language processing to optimize episode-of-care management. Core network solutions include medical fee auditing, preferred provider management, reimbursement services, utilization review, pharmacy services, and directed care. CorVel also delivers patient management services such as claims management, case management, 24/7 nurse triage, and vocational rehabilitation.

CorVel expanded annual revenue from $646.2M in FY2022 to $718.6M in FY2023, $795.3M in FY2024, $895.6M in FY2025, and $958.5M in FY2026, representing a 5-year revenue CAGR of 11.6%. Net income grew from $66.4M in FY2022 to $110.3M in FY2026, while net margin rose from 10.3% to 11.5%. Operating margin improved from 13.1% in FY2022 to 14.9% in FY2026, and gross margin reached 24.3%. In the latest quarter ended June 30, 2026, quarterly revenue increased 10.7% year-over-year, and quarterly earnings grew 21.2%. Trailing twelve month revenue reached $983.7M with an operating margin of 16.7% and EPS of $2.24.

As of June 30, 2026, CorVel held $255.9M in cash and short-term investments against $28.4M in total debt, resulting in a net cash position of $227.5M. Total assets reached $689.7M compared to $408.9M in shareholders' equity, with a current ratio of 1.94 and a debt-to-equity ratio of 0.07. In FY2026, operating cash flow was $155.6M, which funded $45.4M in capital expenditures to generate $110.3M in free cash flow. CorVel allocated $56.2M toward share buybacks during FY2026.

CorVel trades at a trailing P/E of 35.6x and a forward P/E of 23.8x, compared to medians of 12.1x and 10.8x for its US-listed Financial Services peers. Its price-to-sales ratio stands at 4.1x versus the peer median of 3.2x, while EV-to-EBITDA is 19.0x against the peer median of 11.7x. The company has a market capitalization of $4.03B and an enterprise value of $3.47B. CorVel shares gained 12.9% over the past year and 36.9% over the past 5 years, trailing the S&P 500 returns of 16.8% and 83.0% over the same timeframes.

Wall Street coverage reflects a mean price target of $0.00 against CorVel's last close of $79.69 on October 16, 2026. The company is scheduled to report its next earnings on November 3, 2026. Inside ownership represents 38.9% of shares, institutional holdings account for 56.1%, and short interest stands at 10.6% of the float.

This page is an AI-written research summary of CorVel Corporation (CRVL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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