CORVEL CORP (CRVL)

CorVel Corp. engages in the provision of services to employers and payors in the risk management and insurance services arenas, including workers' compensation, general liability, auto liability, and hospital bill auditing and payment integrity. It operates through the Patient Management Services and Network Solutions Services segments. The Patient Management Services segment includes claims administration, utilization review, medical case management, and vocational rehabilitation. The Network Solutions Services segment consists of fee schedule auditing, hospital bill auditing, coordination of independent medical examinations, diagnostic imaging review services, and preferred provider referral services. The company was founded by V. Clemons Gordon Sr. in 1987 and is headquartered in Fort Worth, TX.

Address

2010 MAIN STREE
IRVINE, CA 92614

Founded

1987

Number of Employees

4,870

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$25,840 $35,912 $19,869 $24,054 $22,593 $60,068 $40,209 $75,825 $99,858 $55,020 $18,580 $43,439
Average Price $39.65 $34.43 $37.39 $41.85 $58.44 $76.57 $80.33 $145.56 $156.64 $193.57 $244.58 $79.76
# Shares Purchased 651,727 1,043,113 531,335 574,698 386,576 784,510 500,570 520,923 637,484 284,232 75,967 544,649
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 697.0% 817.9% 745.0% 655.0% 440.7% 312.7% 293.4% 117.1% 101.7% 63.2% 29.2% 296.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 515.2% 644.9% 576.5% 525.3% 335.8% 219.6% 218.6% 85.4% 64.5% 31.9% 21.8% 202.2%
Quartile Rank
Percentile Rank 96% 97% 97% 98% 96% 94% 94% 93% 92% 89% 87% 96%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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