CORVEL CORP
CorVel Corporation (NASDAQ: CRVL) operates as an independent nationwide provider of medical cost containment and managed care services designed to address escalating medical costs across workers' compensation benefits, automobile insurance claims, and group health insurance. The company applies advanced technology,… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What CORVEL CORP does
In the company’s own words
CorVel Corporation (NASDAQ: CRVL) operates as an independent nationwide provider of medical cost containment and managed care services designed to address escalating medical costs across workers' compensation benefits, automobile insurance claims, and group health insurance. The company applies advanced technology, including artificial intelligence, machine learning, and natural language processing, to enhance the management of episodes of care and reduce healthcare costs. CorVel's website is located at www.corvel.com.
The company serves a diverse customer base including insurance companies, third-party administrators, government entities, and self-administered employers. CorVel's service offerings are organized into two primary categories: network solutions services and patient management services. Network solutions include bill review, preferred provider organization management, utilization management, pharmacy services, directed care services, and Medicare solutions. The company operates a proprietary national PPO network comprising over 1.2 million providers nationwide. Patient management services encompass claims management, case management, a 24/7 virtual care platform with nurse triage, vocational rehabilitation, disability management, and liability and auto claims management. The company delivers solutions as fully integrated claims-management programs, discrete standalone services, or targeted add-ons that enhance existing client workflows.
CorVel's technology infrastructure includes proprietary bill review and claims management systems featuring an artificial intelligence engine with over 100 million individual rules. The company operates CareMC®, an online portal offering paperless claims processing and real-time access to claims information and savings reports. The company maintains a tier III-rated data center near Portland, Oregon, with a redundancy center in Lone Mountain, Nevada, ensuring continuous data replication and system availability.
As of March 31, 2026, CorVel employed 5,239 employees concentrated entirely in the United States, with 93 percent working either permanently from home or in hybrid arrangements. The company maintains a nationwide presence through a network of branches with a centralized hub in Fort Worth, Texas. No single customer accounted for 10 percent or more of revenue during the past three fiscal years. The company has repurchased 115.3 million shares since commencing its share repurchase program in fiscal 1997.
Company details
- Sector
- Financials
- Industry
- Insurance
- Headquarters
- PORTLAND, OR
- Fiscal year end
- March
- CIK
- 874866
- SIC
- 6411
Financial performance, year by year
Fiscal 2014–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns CORVEL CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · CORVEL CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do CORVEL CORP and its peers compare on margins and cash generation over ten years?”
- “Where did five years of CORVEL CORP's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in CORVEL CORP's last four quarterly filings that the numbers alone won't show?”