Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
CRVL 
CorVel Corp (CRVL)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: CRVL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -29% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.33B USD | Price to earnings Ratio 56.61 | 1Y Target Price - |
Price to earnings Ratio 56.61 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.02 | 52 Weeks Range 83.37 - 128.61 | Updated Date 06/29/2025 |
52 Weeks Range 83.37 - 128.61 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.83 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.63% | Operating Margin (TTM) 14.39% |
Management Effectiveness
Return on Assets (TTM) 15.09% | Return on Equity (TTM) 33.41% |
Valuation
Trailing PE 56.61 | Forward PE - | Enterprise Value 5181116845 | Price to Sales(TTM) 5.95 |
Enterprise Value 5181116845 | Price to Sales(TTM) 5.95 | ||
Enterprise Value to Revenue 5.79 | Enterprise Value to EBITDA 34.46 | Shares Outstanding 51440900 | Shares Floating 28823140 |
Shares Outstanding 51440900 | Shares Floating 28823140 | ||
Percent Insiders 43.82 | Percent Institutions 54.01 |
Upturn AI SWOT
CorVel Corp
Company Overview
History and Background
CorVel Corp was founded in 1987. It has grown from a regional provider of workers' compensation services to a national provider of risk management solutions. Significant milestones include expanding into broader healthcare management and technology development.
Core Business Areas
- Workers' Compensation: Provides a range of services to manage workers' compensation claims, including medical bill review, utilization review, case management, and network solutions.
- Auto & Liability: Offers medical and disability management services for auto and general liability claims.
- Care Management: Provides comprehensive care management services to improve patient outcomes and reduce healthcare costs.
Leadership and Structure
The leadership team consists of Michael G. Combs (President & CEO), and other key executives. The organizational structure includes various departments focusing on operations, technology, sales, and finance.
Top Products and Market Share
Key Offerings
- CareIQ: A cloud-based platform that integrates claims management, care management, and provider network solutions. CorVel is in a competitive market for such products, with rivals like Optum, Sedgwick, and Conduent. Data regarding precise revenue from this product is not publicly available. CorVel uses this product as a main differentiator in the medical bill review and case management process.
- Network Solutions: Provides access to a network of healthcare providers offering discounted rates. Market share data is difficult to isolate for this specific product line. The main competitors in this market are Multiplan, First Health, and Zelis.
- Medical Bill Review: Reviews medical bills for accuracy and appropriateness, ensuring compliance with fee schedules and regulations. The market is moderately fragmented. Competitors: Optum, Conduent, Sedgwick.
Market Dynamics
Industry Overview
The healthcare risk management industry is growing due to increasing healthcare costs, regulatory complexity, and demand for efficient claims processing.
Positioning
CorVel Corp is positioned as a technology-driven provider of risk management solutions, focusing on cost containment and improved outcomes. Its competitive advantages include its integrated platform and data analytics capabilities.
Total Addressable Market (TAM)
The total addressable market for healthcare risk management is estimated to be over $30 billion. CorVel Corp is well-positioned to capture a significant share of this market, leveraging its technology and expertise. While specific TAM penetration data is not available, CorVel's revenue indicates significant involvement.
Upturn SWOT Analysis
Strengths
- Integrated Technology Platform
- Strong Client Relationships
- Experienced Management Team
- Data Analytics Capabilities
Weaknesses
- Dependence on Key Clients
- Limited International Presence
- Smaller Market Cap Compared to larger competitors
- Vulnerable to cyber security
Opportunities
- Expanding into New Markets (e.g., government sector)
- Developing New Products and Services
- Acquiring Complementary Businesses
- Further developing data analytics capabilities
Threats
- Increased Competition
- Regulatory Changes
- Economic Downturn
- Data breaches
Competitors and Market Share
Key Competitors
- UNH
- CNC
- CI
Competitive Landscape
CorVel Corp competes with larger, more established players. Its advantages include its specialized focus and technology platform. Disadvantages include its smaller size and limited resources.
Major Acquisitions
Tmesis
- Year: 2018
- Acquisition Price (USD millions): 27
- Strategic Rationale: Expanded service offerings into compliance with Medicare, Medicaid, and workersu2019 compensation laws.
Growth Trajectory and Initiatives
Historical Growth: Discuss CorVel Corp's growth trends over the past years. Check the past 10k filings on SEC's website.
Future Projections: Provide projections for CorVel Corp's future growth based on analyst estimates. Analyst estimates are often available from financial data providers.
Recent Initiatives: Highlight recent strategic initiatives undertaken by CorVel Corp, such as product launches or acquisitions.
Summary
CorVel Corp is a solid player in the healthcare risk management sector, leveraging its technology and data analytics to offer cost-effective solutions. Its strengths lie in its integrated platform and client relationships. However, it faces challenges from larger competitors and needs to address its dependence on key clients and improve its international presence. Future growth will depend on its ability to innovate and expand its market reach. Cybersecurity also needs to be monitored.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial Data Providers
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share data are estimates and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CorVel Corp
Exchange NASDAQ | Headquaters Fort Worth, TX, United States | ||
IPO Launch date 1991-06-28 | President, CEO & Chairman Mr. Michael G. Combs | ||
Sector Financial Services | Industry Insurance Brokers | Full time employees 5075 | Website https://www.corvel.com |
Full time employees 5075 | Website https://www.corvel.com | ||
CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.