Company Quick10K Filing
Corvel
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 19 $1,543
10-Q 2020-02-07 Quarter: 2019-12-31
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-K 2019-06-07 Annual: 2019-03-31
10-Q 2019-02-07 Quarter: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-K 2018-06-08 Annual: 2018-03-31
10-Q 2018-02-02 Quarter: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-K 2017-06-09 Annual: 2017-03-31
10-Q 2017-02-03 Quarter: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-K 2016-06-10 Annual: 2016-03-31
10-Q 2016-02-04 Quarter: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-K 2015-06-11 Annual: 2015-03-31
10-Q 2015-02-05 Quarter: 2014-12-31
10-Q 2014-11-04 Quarter: 2014-09-30
10-Q 2014-08-05 Quarter: 2014-06-30
10-K 2014-06-12 Annual: 2013-12-31
10-Q 2014-02-07 Quarter: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-05 Quarter: 2013-06-30
10-K 2013-06-10 Annual: 2013-03-31
10-Q 2013-02-08 Quarter: 2012-12-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-K 2012-06-08 Annual: 2012-03-31
10-Q 2012-02-06 Quarter: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-K 2011-06-10 Annual: 2011-03-31
10-Q 2011-02-04 Quarter: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-K 2010-06-11 Annual: 2010-03-31
10-Q 2010-02-05 Quarter: 2009-12-31
8-K 2020-02-04 Earnings, Exhibits
8-K 2020-01-24 Officers
8-K 2019-11-05 Earnings, Exhibits
8-K 2019-11-05 Officers, Exhibits
8-K 2019-08-08 Shareholder Vote
8-K 2019-07-30 Earnings, Exhibits
8-K 2019-05-30 Earnings, Exhibits
8-K 2019-02-07 Regulation FD, Other Events, Exhibits
8-K 2019-02-05 Earnings, Exhibits
8-K 2019-01-14 Officers, Regulation FD, Exhibits
8-K 2018-10-30 Earnings, Exhibits
8-K 2018-09-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-10 Officers
8-K 2018-08-02 Shareholder Vote
8-K 2018-08-02 Officers, Exhibits
8-K 2018-07-31 Earnings, Exhibits
8-K 2018-05-31 Earnings, Exhibits
8-K 2018-01-30 Earnings, Exhibits
8-K 2018-01-12 Earnings, Other Events

Corvel Financials

CRVL Metrics, Comps, Filings

Annual | Quarterly

Business

CorVel is a national provider of workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. The Company applies technology, intelligence, and a human touch to the challenges of risk management so that its customers can intervene early and often while being connected to the critical intelligence they need to proactively manage risk. CorVel specializes in applying advanced communication and information technology to improve healthcare management for workers' compensation, group health, automobile and liability insurance claims management. With a technology platform at its core, the Company's connected solution is delivered by a national team of associates who are committed to helping customers deliver programs that meet their organization's performance goals.

The Company's services include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care and Medicare services. CorVel offers its services as a bundled solution (i.e. claims management), as a standalone service, or as add-on services to existing customers. Customers of the Company that do not purchase a bundled solution generally use another provider, an in-house solution, or choose not to utilize such a service to manage their workers' compensation costs. When customers purchase several products from CorVel, the pricing of the products sold is generally the same as if the products were sold on an individual basis. Bundled products are generally delivered in the same accounting period.

The Company was incorporated in Delaware in 1987, and its principal executive offices are located at 2010 Main Street, Suite 600, Irvine, California 92614. The Company's telephone number is 949-851-1473.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Marsh & McLennan (MMC) 51,238 0% 21.1 5% 31,097 16,100 0 1,530 2,935 61,968
Aon (AON) 47,028 0% 19.1 7% 28,167 24,606 18,898 0 1,867 2,751 52,546
Fanhua (FANH) 27,469 0% 3,867 1,120 0 0 0 0 26,621
Willis Towers Watson (WLTW) 25,051 0% 17.3 3% 35,703 25,672 8,721 0 905 1,741 30,042
Arthur J Gallagher (AJG) 16,720 62% 22.7 4% 19,174 14,262 7,131 4,402 728 791 17,928
Fidelity National Financial (FNF) 11,916 0% 10.0 7% 10,419 4,954 6,107 0 732 1,120 11,236
AXA Equitable Holdings (EQH) 11,066 0% 4.2 1% 244,646 227,830 13,057 0 1,404 1,573 6,595
Brown & Brown (BRO) 10,207 0% 18.9 5% 7,681 4,366 2,322 0 395 577 10,901
First American Financial (FAF) 6,590 0% 5.8 5% 11,804 7,558 5,891 0 578 843 4,879
Argo Group (ARGO) 2,424 0% 27.0 0% 10,446 8,552 1,485 0 51 106 2,857
Ehealth (EHTH) 1,763 60% -166.4 1% 581 150 339 204 4 -10 1,672
Corvel (CRVL) 1,562 22% 16.9 11% 427 226 594 128 48 87 1,464
Stewart Information Services (STC) 916 0% 4.1 6% 1,559 799 1,900 0 99 145 595
Goosehead Insurance (GSHD) 796 0% 44.7 30% 44 72 78 0 14 18 822
Investors Title (ITIC) 294 0% 9.3 8% 266 70 131 0 20 27 250
Health Insurance Innovations (HIIQ) 292 0% 14.0 2% 553 442 221 0 10 30 416
BRP Group (BRP) -18.2 -1% 346 295 0 0 -2 1 -18
Argo Group International Holdings (ARGD)
Erie Indemnity (ERIE) 0% -0.6 16% 1,975 855 2,457 0 320 384 -247

Balance Sheet ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash720352633295692
Accounts Receivable4949575860636571
Inventory
PP&E47471615653636962
Assets172182214219220235274318
Accounts Payable13171411141210
Long-Term Debt
Liabilities627188918897103123
Stockholders' Equity110111127128132139171195
Income Statement ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Revenue413429479493504519558596
Cost of Revenue319338370393399414451471
Gross Profit9492108100105105107125
R&D
SG&A5048525458575963
Tax1717212014181215
Net Income2727342929293647
Cash Flow ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash Operating3655554451526279
Cash Investing-23-15-18-24-17-31-28-15
Cash Financing-18-27-21-29-27-25-7-27