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Corvel CRVL Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Gross margin24.3%+0.9pp23.4%+1.9pp21.6%-0.4pp22%-1.5pp
Net margin11.5%+0.9pp10.6%+1.0pp9.6%+0.4pp9.2%-1.0pp
EBITDA margin18.2%+1.5pp16.8%+1.5pp15.3%0.0pp15.3%-1.5pp
Free cash flow margin11.5%+1.3pp10.2%+1.4pp8.8%+1.0pp7.8%+2.0pp
Returns
Return on equity30.8%-2.6pp33.4%-0.5pp33.9%+1.9pp32%+1.3pp
Return on assets18.6%-0.5pp19%+1.0pp18%+1.6pp16.4%+0.6pp
Return on invested capital59.9%+5.9pp54%+8.8pp45.1%+4.0pp41.2%-4.1pp
Efficiency
Asset turnover1.6×-0.2×1.8×-0.1×1.9×+0.1×1.8×+0.2×
Liquidity
Current ratio+0.1×1.9×+0.3×1.6×+0.2×1.5×-0.1×
Quick ratio+0.1×1.9×+0.3×1.6×+0.2×1.5×-0.1×
Cash ratio+0.2×0.8×+0.3×0.6×+0.1×0.4×-0.1×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.2×0.0×
Debt-to-assets0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA-1.2×-0.2×-0.9×-0.3×-0.6×-0.3×-0.3×+0.2×
Per Share
Book value per share$7.64+23.3%$6.19+30.1%$4.76+24.2%$3.83-67.3%
Valuation
Market capitalization$2.8B-51.4%$5.75B+27.8%$4.5B+37.9%$3.26B+10.6%
Enterprise value$2.59B-53.8%$5.61B+26.8%$4.42B+37.2%$3.22B+11.4%
Price / earnings25.3×-35.1×60.4×+1.4×59×+9.8×49.2×+4.8×
Price / sales2.9×-3.5×6.4×+0.8×5.7×+1.1×4.5×0.0×
Price / book7.1×-10.8×17.9×-0.3×18.2×+2.0×16.1×+2.3×
EV / EBITDA14.8×-22.5×37.3×+0.8×36.4×+7.1×29.4×+2.7×
EV / sales2.7×-3.6×6.3×+0.7×5.6×+1.1×4.5×0.0×
Free cash flow yield3.9%+2.4pp1.6%0.0pp1.6%-0.2pp1.7%+0.4pp
Earnings yield3.9%+2.3pp1.7%0.0pp1.7%-0.3pp2%-0.2pp
PEG ratio1.6×-0.8×2.4×-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.