CorVel Net Income from 2010 to 2024

CRVL Stock  USD 361.39  9.22  2.49%   
CorVel Corp Net Income yearly trend continues to be quite stable with very little volatility. Net Income may rise above about 80.1 M this year. From the period between 2010 and 2024, CorVel Corp, Net Income regression line of its data series had standard deviation of  21,823,994 and standard deviation of  21,823,994. View All Fundamentals
 
Net Income  
First Reported
1990-06-30
Previous Quarter
21.6 M
Current Value
23.4 M
Quarterly Volatility
5.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CorVel Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CorVel Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 30.3 M or Selling General Administrative of 39.9 M, as well as many indicators such as Price To Sales Ratio of 5.8, Dividend Yield of 0.0502 or PTB Ratio of 18.64. CorVel financial statements analysis is a perfect complement when working with CorVel Corp Valuation or Volatility modules.
  
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Latest CorVel Corp's Net Income Growth Pattern

Below is the plot of the Net Income of CorVel Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in CorVel Corp financial statement analysis. It represents the amount of money remaining after all of CorVel Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is CorVel Corp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CorVel Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 76.25 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

CorVel Net Income Regression Statistics

Arithmetic Mean42,679,373
Geometric Mean32,146,938
Coefficient Of Variation51.13
Mean Deviation17,436,265
Median35,695,000
Standard Deviation21,823,994
Sample Variance476.3T
Range79.4M
R-Value0.94
Mean Square Error57T
R-Squared0.89
Slope4,600,804
Total Sum of Squares6668T

CorVel Net Income History

202480.1 M
202376.3 M
202266.4 M
202166.4 M
202046.4 M
201947.4 M
201846.7 M

Other Fundumenentals of CorVel Corp

CorVel Corp Net Income component correlations

About CorVel Corp Financial Statements

CorVel Corp investors utilize fundamental indicators, such as Net Income, to predict how CorVel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income76.3 M80.1 M
Net Income Applicable To Common Shares76.3 M80.1 M
Net Income From Continuing Ops76.3 M47.3 M
Net Income Per Share 4.45  4.68 
Net Income Per E B T 0.80  0.52 

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.174
Earnings Share
4.71
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.