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Corvel CRVL Ratios & Valuation

Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Gross margin24.3%+0.9pp24.2%+1.8pp24.2%+2.4pp23.8%+2.0pp23.4%+1.9pp
Net margin11.5%+0.9pp11.2%+1.1pp11.3%+1.6pp11%+1.4pp10.6%+1.0pp
EBITDA margin18.2%+1.5pp17.8%+1.9pp17.8%+2.4pp17.3%+2.0pp16.8%+1.5pp
Free cash flow margin11.5%+1.3pp11.1%+1.6pp10.8%+2.2pp10.7%+2.0pp10.2%+1.4pp
Returns
Return on equity30.8%-2.6pp31.3%-1.8pp32.6%+0.4pp33.3%+0.1pp33.4%-0.5pp
Return on assets18.6%-0.5pp17.9%-0.1pp18.6%+1.5pp18.6%+1.3pp19%+1.0pp
Return on invested capital59.9%+5.9pp62.4%+8.3pp59%+11.2pp61.1%+11.5pp54%+8.8pp
Efficiency
Asset turnover1.6×-0.2×1.6×-0.2×1.7×-0.1×1.7×-0.1×1.8×-0.1×
Liquidity
Current ratio+0.1×1.9×+0.1×1.9×+0.2×1.8×+0.1×1.9×+0.3×
Quick ratio+0.1×1.9×+0.1×1.9×+0.2×1.8×+0.1×1.9×+0.3×
Cash ratio+0.2×0.9×+0.2×0.9×+0.3×0.9×+0.2×0.8×+0.3×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.1×0.0×
Net debt / EBITDA-1.2×-0.2×-1.2×-0.3×-1.1×-0.3×-1.1×-0.3×-0.9×-0.3×
Per Share
Book value per share$7.64+23.3%$7.28+26.0%$7.01+29.0%$6.60+29.9%$6.19+30.1%
Valuation
Market capitalization$2.8B-51.4%$3.47B-39.3%$3.97B-29.0%$5.39B+23.8%$5.75B+27.8%
Enterprise value$2.59B-53.8%$3.26B-41.5%$3.79B-31.0%$5.21B+22.6%$5.61B+26.8%
Price / earnings25.3×-35.1×32.8×-32.0×37.7×-30.9×53.4×-2.3×60.4×+1.4×
Price / sales2.9×-3.5×3.7×-2.9×4.3×-2.4×5.9×+0.5×6.4×+0.8×
Price / book7.1×-10.8×9.2×-9.8×11×-8.8×15.7×-0.8×17.9×-0.3×
EV / EBITDA14.8×-22.5×19.4×-20.8×22.9×-19.5×32.9×-1.3×37.3×+0.8×
EV / sales2.7×-3.6×3.5×-2.9×4.1×-2.4×5.7×+0.5×6.3×+0.7×
Free cash flow yield3.9%+2.4pp3%+1.6pp2.5%+1.2pp1.8%+0.2pp1.6%0.0pp
Earnings yield3.9%+2.3pp3%+1.5pp2.7%+1.2pp1.9%+0.1pp1.7%0.0pp
PEG ratio1.6×-0.8×1.6×-2.0×1.3×-6.2×1.8×-2.7×2.4×-1.5×

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Questions, answered.

Where do Corvel's ratios come from?
Every ratio is computed from Corvel's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.