CRVL
CorVel Corporation
CRVL's fundamentals are mixed: revenue grew 8.3%, while its operating margin rose 1 points to 16%. At 36x earnings, it's trading below its usual 47x.
CRVL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
CRVL's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like CRVL.
CRVL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 32x | $76.95 | -11% |
| Current | 36x | $86.50 | — |
| Fair | 47x | $111 | +29% |
| Expensive | 59x | $141 | +63% |
Historical ranges are pointers, not guarantees.
CRVL's PE is in its cheap range at 36x.
CRVL Forward outlook
There aren't enough analyst estimates for CRVL to show an outlook.
CRVL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.38 | +18% |
| Q2 2026 | $2.25 | +17% |
| Q1 2026 | $2.14 | +17% |
| Q4 2025 | $2.03 | +19% |
| Q3 2025 | $2.02 | +29% |
| Q2 2025 | $1.93 | +29% |
| Q1 2025 | $1.83 | +24% |
| Q4 2024 | $1.70 | +18% |
CRVL's earnings per share have climbed steadily: $2.38 over the past year, up 18% from the year before, and higher year over year for 22 quarters in a row.
CRVL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.1M | +11% |
| Q2 2026 | $259.9M | +11% |
| Q1 2026 | $248.5M | +7.4% |
| Q4 2025 | $235.6M | +3.4% |
| Q3 2025 | $239.6M | +6.8% |
| Q2 2025 | $234.7M | +11% |
| Q1 2025 | $231.5M | +12% |
| Q4 2024 | $228M | +13% |
CRVL's revenue has grown year over year for 22 quarters in a row: $267M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +2.2 points |
| Q2 2026 | 17% | +1.6 points |
| Q1 2026 | 16% | +1.6 points |
| Q4 2025 | 14% | +0.2 points |
| Q3 2025 | 15% | +2.2 points |
| Q2 2025 | 15% | +1.8 points |
| Q1 2025 | 14% | +3.5 points |
| Q4 2024 | 14% | +2.5 points |
CRVL's operating margin was 17% last quarter, up 2.2 points from the same quarter a year ago, near the top of its range since 2019.
CRVL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $29.3M | +92% |
| Q2 2026 | $43.1M | +8.9% |
| Q1 2026 | $20.3M | +42% |
| Q4 2025 | $35.2M | +9.5% |
| Q3 2025 | $15.3M | +23% |
| Q2 2025 | $39.5M | +21% |
| Q1 2025 | $14.3M | +174% |
| Q4 2024 | $32.1M | +43% |
CRVL's free cash flow was $128M over the past year, up 26% from the year before. Free cash flow isn't a meaningful measure for financial services companies like CRVL.
CRVL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -238K shares |
| 1 year | -2% | -1M shares |
| 3 years | -2.6% | -1.3M shares |
| 5 years | -7.3% | -4M shares |
| Available history | -8.8% | -4.9M shares |
CRVL has 51M diluted shares, down 2% from a year ago, with $74M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18.6M |
| Q2 2026 | $22M |
| Q1 2026 | $20.2M |
| Q4 2025 | $13.6M |
| Q3 2025 | $12.8M |
| Q2 2025 | $9.6M |
| Q1 2025 | $9M |
| Q4 2024 | $9.5M |
CRVL spent $74M buying back its own shares over the past year, up 82% from the year before.
CRVL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.4x | Net Cash |
| Q2 2026 | -1.4x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -1.3x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.2x | Net Cash |
CRVL has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CRVL.
CRVL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 76.6 | Overbought |
| Stochastic | 85.6 | Overbought |
CRVL's weekly RSI is 77 (overbought) and its Stochastic is 86 (overbought).
CRVL PE vs Financial Services Sector
| Metric | CRVL | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 13x | 179% above |
| PE % | 24 | 63 | 39 pts below |
CRVL is trading at 36x earnings, a 179% premium to the Financial Services sector's median of 13x.
CRVL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.3 | 7.7% above |
| 20 week MA | $71.3 | 21% above |
| 50 week MA | $64.4 | 34% above |
| 100 week MA | $81.5 | 6.2% above |
| 200 week MA | $80.9 | 7% above |
CRVL is in an uptrend: it's above all five of its weekly moving averages, and 7% above its 200-week average.
CRVL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.8 | $34.7 | +21% |
| 2021 | $34.7 | $66.1 | +90% |
| 2022 | $66.1 | $48.0 | -27% |
| 2023 | $48.0 | $82.4 | +72% |
| 2024 | $82.4 | $113.7 | +38% |
| 2025 | $113.7 | $69.1 | -39% |
| 2026 YTD | $69.1 | $86.5 | +25% |
CRVL has finished higher in four of the last six years, two of them by more than 50%. It's up 25% so far in 2026.