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CRVL

Corvel Corp.

$171.72

Earnings Summary

Revenue
$171.36Mn
Net Profits
$19.64Mn
Net Profit Margins
11.46%
PE Ratio
45

Highlights

Revenue:

Corvel Corp.’s revenue jumped 17.76% since last year same period to $171.36Mn in the Q1 2022. On a quarterly growth basis, Corvel Corp. has generated 4.16% jump in its revenue since last 3-months.

Net Profits:

Corvel Corp.’s net profit jumped 32.6% since last year same period to $19.64Mn in the Q1 2022. On a quarterly growth basis, Corvel Corp. has generated 41.7% jump in its net profits since last 3-months.

Net Profit Margins:

Corvel Corp.’s net profit margin jumped 12.6% since last year same period to 11.46% in the Q1 2022. On a quarterly growth basis, Corvel Corp. has generated 36.04% jump in its net profit margins since last 3-months.

PE Ratio:

Corvel Corp.’s price-to-earnings ratio after this Q1 2022 earnings stands at 45.

Key Ratios

Key ratios of the Corvel Corp. post its Q1 2022 earnings

Earning Per Share (EPS)
1.09
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.3
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Corvel Corp.’s earning per share (EPS) jumped 18.74% since last year same period to 1.09 in the Q1 2022. This indicates that the Corvel Corp. has generated 18.74% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Corvel Corp.’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Corvel Corp.’s return on equity (ROE) stands at 0.3.

Dividend Per Share (DPS):

Corvel Corp. declared 0 dividend per share during the earnings announcement for Q1 2022.

Company Information

CorVel Corporation is a national provider of innovative workers' compensation, auto, liability and health 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 throughout the risk management process so their clients can intervene early and often while being connected to the critical intelligence they need to proactively manage risk. With a robust technology platform at its core, CorVel's connected solution is delivered by a national team of associates who are committed to helping clients design and administer programs that meet their organization's performance goals.

Organisation
Corvel Corp.
Employees
3.68K
Industry
Finance