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Corvel Corp. (CRVL) Stock Fundamental Analysis & AI Rating 2026

CRVL Nasdaq Insurance Agents, Brokers & Service DE CIK: 0000874866
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
82% Confidence
AGREEMENT
STRONG BUY
87% Conf
BUY
78% Conf

📊 CRVL Key Takeaways

Revenue: $710.0M
Net Margin: 11.2%
Free Cash Flow: $90.0M
Current Ratio: 1.85x
Debt/Equity: 0.00x
EPS: $1.53
AI Rating: STRONG BUY with 87% confidence
Corvel Corp. (CRVL) receives a BUY rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $710.0M, net profit margin of 11.2%, and return on equity (ROE) of 21.1%, Corvel Corp. demonstrates strong fundamentals in the Finance sector. Below is our complete CRVL stock analysis for 2026.

Is Corvel Corp. (CRVL) a Good Investment?

Claude

CorVel demonstrates exceptional financial health with strong profitability metrics (14.6% operating margin, 11.2% net margin) and excellent returns on equity (21.1%) and assets (12.3%). The company generates substantial free cash flow of $90M annually with a healthy 12.7% FCF margin, maintains a fortress balance sheet with zero debt and $230M in cash, and has achieved significant EPS growth of 24.5% YoY despite flat revenue, indicating exceptional operational leverage and efficiency improvements.

ChatGPT

CorVel shows high-quality fundamentals with solid margins, strong returns on capital, healthy free cash flow, and a debt-free balance sheet supported by substantial cash. The main limitation is weak top-line and net income growth, but the business appears operationally disciplined and financially resilient. EPS growth materially outpaced revenue, suggesting shareholder-friendly capital allocation, though that needs to be monitored for sustainability.

Why Buy Corvel Corp. Stock? CRVL Key Strengths

Claude
  • + Best-in-class profitability with 14.6% operating margin and 21.1% ROE
  • + Fortress balance sheet with zero debt and $230M cash (36% of total assets)
  • + Strong free cash flow generation of $90M annually with 12.7% FCF margin
  • + EPS growth of 24.5% YoY demonstrates operational excellence and share buyback effectiveness
  • + Excellent liquidity position with 1.85x current and quick ratios
ChatGPT
  • + Strong profitability with 23.9% gross margin, 14.6% operating margin, and 11.2% net margin
  • + Excellent financial health with $230.03M in cash, no long-term debt, and 1.85x current and quick ratios
  • + Healthy cash generation with $126.17M operating cash flow and $89.99M free cash flow

CRVL Stock Risks: Corvel Corp. Investment Risks

Claude
  • ! Revenue growth stagnating at 0% YoY indicates market maturity or competitive pressures in insurance services
  • ! High insider trading activity (10 Form 4 filings in 90 days) warrants monitoring for potential insider motivations
  • ! Net income flat YoY while EPS grew 24.5% suggests heavy reliance on share repurchases for per-share growth rather than organic earnings expansion
  • ! Exposure to workers' compensation and liability insurance markets subject to cyclical economic pressures
ChatGPT
  • ! Revenue was flat year over year, indicating limited organic growth momentum
  • ! Net income was also flat, so EPS growth may be driven more by share count reduction than core earnings expansion
  • ! Margin performance could come under pressure if costs rise or service mix shifts unfavorably

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and organic growth drivers
  • * Operating margin sustainability given EPS growth without revenue growth
  • * Free cash flow conversion and capital allocation efficiency
  • * Share count reduction rate and buyback pace
  • * Expense ratio trends in insurance operations
ChatGPT
  • * Revenue growth and client volume trends
  • * Operating margin and free cash flow conversion

Corvel Corp. (CRVL) Financial Metrics & Key Ratios

Revenue
$710.0M
Net Income
$79.3M
EPS (Diluted)
$1.53
Free Cash Flow
$90.0M
Total Assets
$644.8M
Cash Position
$230.0M

💡 AI Analyst Insight

Corvel Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CRVL Profit Margin, ROE & Profitability Analysis

Gross Margin 23.9%
Operating Margin 14.6%
Net Margin 11.2%
ROE 21.1%
ROA 12.3%
FCF Margin 12.7%

CRVL vs Finance Sector: How Corvel Corp. Compares

How Corvel Corp. compares to Finance sector averages

Net Margin
CRVL 11.2%
vs
Sector Avg 25.0%
CRVL Sector
ROE
CRVL 21.1%
vs
Sector Avg 12.0%
CRVL Sector
Current Ratio
CRVL 1.9x
vs
Sector Avg 1.2x
CRVL Sector
Debt/Equity
CRVL 0.0x
vs
Sector Avg 2.0x
CRVL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Corvel Corp. Stock Overvalued? CRVL Valuation Analysis 2026

Based on fundamental analysis, Corvel Corp. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
21.1%
Sector avg: 12%
Net Profit Margin
11.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Corvel Corp. Balance Sheet: CRVL Debt, Cash & Liquidity

Current Ratio
1.85x
Quick Ratio
1.85x
Debt/Equity
0.00x
Debt/Assets
41.7%
Interest Coverage
N/A
Long-term Debt
N/A

CRVL Revenue & Earnings Growth: 5-Year Financial Trend

CRVL 5-year financial data: Year 2021: Revenue $595.7M, Net Income $46.7M, EPS $2.46. Year 2022: Revenue $646.2M, Net Income $47.4M, EPS $2.55. Year 2023: Revenue $718.6M, Net Income $46.4M, EPS $2.55. Year 2024: Revenue $795.3M, Net Income $66.4M, EPS $3.66. Year 2025: Revenue $895.6M, Net Income $66.4M, EPS $1.26.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Corvel Corp.'s revenue has grown significantly by 50% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.26 reflects profitable operations.

CRVL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
12.7%
Free cash flow / Revenue

CRVL Quarterly Earnings & Performance

Quarterly financial performance data for Corvel Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $228.0M $23.8M $0.46
Q2 2025 $224.4M $23.4M $0.45
Q1 2025 $211.7M $21.6M $0.42
Q3 2024 $202.3M $17.1M $0.33
Q2 2024 $195.5M $19.9M $1.15
Q1 2024 $190.3M $19.8M $1.14
Q3 2023 $179.4M $16.8M $0.96
Q2 2023 $177.4M $14.7M $0.83

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Corvel Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$126.2M
Cash generated from operations
Stock Buybacks
$36.0M
Shares repurchased (TTM)
Capital Expenditures
$36.2M
Investment in assets
Dividends
None
No dividend program

CRVL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Corvel Corp. (CIK: 0000874866)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/edgardoc.xml View →
Apr 2, 2026 4 xslF345X06/edgardoc.xml View →
Apr 2, 2026 4 xslF345X06/edgardoc.xml View →
Mar 17, 2026 4 xslF345X05/edgardoc.xml View →
Mar 17, 2026 4 xslF345X05/edgardoc.xml View →

Frequently Asked Questions about CRVL

What is the AI rating for CRVL?

Corvel Corp. (CRVL) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CRVL's key strengths?

Claude: Best-in-class profitability with 14.6% operating margin and 21.1% ROE. Fortress balance sheet with zero debt and $230M cash (36% of total assets). ChatGPT: Strong profitability with 23.9% gross margin, 14.6% operating margin, and 11.2% net margin. Excellent financial health with $230.03M in cash, no long-term debt, and 1.85x current and quick ratios.

What are the risks of investing in CRVL?

Claude: Revenue growth stagnating at 0% YoY indicates market maturity or competitive pressures in insurance services. High insider trading activity (10 Form 4 filings in 90 days) warrants monitoring for potential insider motivations. ChatGPT: Revenue was flat year over year, indicating limited organic growth momentum. Net income was also flat, so EPS growth may be driven more by share count reduction than core earnings expansion.

What is CRVL's revenue and growth?

Corvel Corp. reported revenue of $710.0M.

Does CRVL pay dividends?

Corvel Corp. does not currently pay dividends.

Where can I find CRVL SEC filings?

Official SEC filings for Corvel Corp. (CIK: 0000874866) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CRVL's EPS?

Corvel Corp. has a diluted EPS of $1.53.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CRVL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Corvel Corp. has a BUY rating with 82% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CRVL stock overvalued or undervalued?

Valuation metrics for CRVL: ROE of 21.1% (sector avg: 12%), net margin of 11.2% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy CRVL stock in 2026?

Our dual AI analysis gives Corvel Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CRVL's free cash flow?

Corvel Corp.'s operating cash flow is $126.2M, with capital expenditures of $36.2M. FCF margin is 12.7%.

How does CRVL compare to other Finance stocks?

Vs Finance sector averages: Net margin 11.2% (avg: 25%), ROE 21.1% (avg: 12%), current ratio 1.85 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI