CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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. 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 offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also 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 was incorporated in 1987 and is headquartered in Fort Worth, Texas.
Revenue of CorVel Corporation (CRVL)
Revenue in 2023 (TTM): $795.31 M
According to CorVel Corporation's latest financial reports the company's current revenue (TTM) is $795.31 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of CorVel Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $795.31 M | $171.69 M | $121.35 M | $95.1 M | $76.25 M |
| 2022 | $718.56 M | $158.26 M | $109.68 M | $84.55 M | $66.37 M |
| 2021 | $646.23 M | $152.11 M | $108.43 M | $84.51 M | $66.41 M |
| 2020 | $552.64 M | $123.62 M | $82.61 M | $59.18 M | $46.36 M |
| 2019 | $592.23 M | $125.92 M | $83.23 M | $60.71 M | $47.38 M |
| 2018 | $595.74 M | $124.81 M | $84.5 M | $61.51 M | $46.7 M |
| 2017 | $558.35 M | $107.25 M | $69.68 M | $47.9 M | $35.7 M |
| 2016 | $518.69 M | $104.79 M | $47.55 M | $47.55 M | $29.48 M |
| 2015 | $503.58 M | $104.54 M | $66.01 M | $46.06 M | $28.53 M |
| 2014 | $492.63 M | $99.97 M | $63.56 M | $45.56 M | $28.59 M |
| 2013 | $478.82 M | $108.48 M | $72.92 M | $56.51 M | $34.39 M |
| 2012 | $429.31 M | $91.66 M | $59.63 M | $43.9 M | $26.73 M |
| 2011 | $412.67 M | $93.84 M | $58.16 M | $43.44 M | $26.55 M |
| 2010 | $380.67 M | $96.57 M | $49.65 M | $37.4 M | $24.66 M |
| 2009 | $337.97 M | $85.54 M | $55.47 M | $43.48 M | $26.1 M |
| 2008 | $310.08 M | $73.74 M | $43.39 M | $31.61 M | $19.28 M |
| 2007 | $301.89 M | $78.07 M | $50.11 M | $38.35 M | $23.38 M |
| 2006 | $274.58 M | $65.84 M | $41.54 M | $30.45 M | $18.58 M |
| 2005 | $266.5 M | $45.44 M | $26.79 M | $15.85 M | $9.75 M |
| 2004 | $291 M | $44.66 M | $27.6 M | $16.52 M | $10.16 M |
| 2003 | $305.28 M | $51.43 M | $25.37 M | $25.37 M | $16.01 M |
| 2002 | $282.78 M | $51.83 M | $26.75 M | $26.75 M | $16.58 M |
| 2001 | $235.91 M | $42.69 M | $23.9 M | $23.9 M | $14.82 M |
| 2000 | $209.55 M | $37.54 M | $27.91 M | $21.16 M | $13.22 M |
| 1999 | $186.77 M | $41.02 M | $26.27 M | $19.3 M | $11.97 M |
| 1998 | $165.5 M | $35.7 M | $23.1 M | $16.8 M | $10.4 M |
| 1997 | $141.7 M | $31.4 M | $20.4 M | $15.2 M | $9.5 M |
| 1996 | $121.7 M | $26.6 M | $18 M | $13.7 M | $8.5 M |
| 1995 | $109.1 M | $23.2 M | $15.1 M | $12 M | $7.3 M |
| 1994 | $95.8 M | $19.2 M | $12 M | $9.7 M | $5.9 M |
| 1993 | $80.6 M | $15.7 M | $9.6 M | $7.2 M | $4.4 M |
| 1992 | $61.8 M | $10.1 M | $5.2 M | $4.1 M | $2.5 M |
| 1991 | $46.9 M | $8.1 M | $3.8 M | $2.6 M | $1.6 M |
| 1990 | $28.9 M | $4.2 M | $1.8 M | $900 K | $700 K |