CorVel Corporation

NasdaqGS:CRVL Stock Report

Market Cap: US$3.1b

CorVel Management

Management criteria checks 3/4

CorVel's CEO is Michael Combs, appointed in Apr 2017, has a tenure of 9.08 years. total yearly compensation is $1.19M, comprised of 54.7% salary and 45.3% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth $2.52M. The average tenure of the management team and the board of directors is 2.5 years and 25.9 years respectively.

Key information

Michael Combs

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage54.67%
CEO tenure9.1yrs
CEO ownership0.08%
Management average tenure2.5yrs
Board average tenure25.9yrs

Recent management updates

Recent updates

Seeking Alpha • Nov 12

CorVel: Numbers Remain Buoyant, But AI Proliferation Remains An Elevated Risk

Summary CorVel Corporation remains under pressure despite strong Q2 results, with revenues up 7% and net profit up 19% year-over-year. CRVL faces headwinds from a shortage of qualified professionals and rapid AI innovation, which may level the competitive landscape. Technical indicators show CRVL is ultra-oversold, suggesting a potential short-term bounce, though the bearish trend persists. Maintaining a 'Hold' rating on CRVL as industry challenges and market sentiment continue to weigh on the stock. Read the full article on Seeking Alpha
Analysis Article • Oct 14

Earnings Not Telling The Story For CorVel Corporation (NASDAQ:CRVL)

With a price-to-earnings (or "P/E") ratio of 36.3x CorVel Corporation ( NASDAQ:CRVL ) may be sending very bearish...
Analysis Article • Jul 21

Returns on Capital Paint A Bright Future For CorVel (NASDAQ:CRVL)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article • Jul 03

A Look At The Fair Value Of CorVel Corporation (NASDAQ:CRVL)

Key Insights Using the 2 Stage Free Cash Flow to Equity, CorVel fair value estimate is US$85.85 With US$101 share...
Analysis Article • Jun 12

Risks To Shareholder Returns Are Elevated At These Prices For CorVel Corporation (NASDAQ:CRVL)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article • Apr 08

Returns on Capital Paint A Bright Future For CorVel (NASDAQ:CRVL)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article • Mar 16

Is Now The Time To Put CorVel (NASDAQ:CRVL) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Feb 22

Risks To Shareholder Returns Are Elevated At These Prices For CorVel Corporation (NASDAQ:CRVL)

CorVel Corporation's ( NASDAQ:CRVL ) price-to-earnings (or "P/E") ratio of 63.2x might make it look like a strong sell...
Analysis Article • Dec 17

CorVel (NASDAQ:CRVL) Is Investing Its Capital With Increasing Efficiency

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article • Oct 22

Subdued Growth No Barrier To CorVel Corporation's (NASDAQ:CRVL) Price

With a price-to-earnings (or "P/E") ratio of 67.5x CorVel Corporation ( NASDAQ:CRVL ) may be sending very bearish...
Analysis Article • Aug 27

Here's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Jul 30

Shareholders Are Optimistic That CorVel (NASDAQ:CRVL) Will Multiply In Value

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article • Jul 12

CorVel Corporation's (NASDAQ:CRVL) Popularity With Investors Is Clear

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
Analysis Article • Apr 25

CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article • Apr 07

CorVel Corporation's (NASDAQ:CRVL) Share Price Matching Investor Opinion

CorVel Corporation's ( NASDAQ:CRVL ) price-to-earnings (or "P/E") ratio of 54.9x might make it look like a strong sell...
Analysis Article • Mar 19

Is Now The Time To Put CorVel (NASDAQ:CRVL) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Jan 10

CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Dec 23

The Price Is Right For CorVel Corporation (NASDAQ:CRVL)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article • Dec 05

With EPS Growth And More, CorVel (NASDAQ:CRVL) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Oct 10

CorVel (NASDAQ:CRVL) Is Investing Its Capital With Increasing Efficiency

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article • Sep 01

Here's Why We Think CorVel (NASDAQ:CRVL) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Jul 10

We Think CorVel (NASDAQ:CRVL) Might Have The DNA Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article • Apr 11

CorVel (NASDAQ:CRVL) Is Very Good At Capital Allocation

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article • Mar 24

If EPS Growth Is Important To You, CorVel (NASDAQ:CRVL) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

CEO Compensation Analysis

How has Michael Combs's remuneration changed compared to CorVel's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$110m

Dec 31 2025n/an/a

US$106m

Sep 30 2025n/an/a

US$105m

Jun 30 2025n/an/a

US$101m

Mar 31 2025US$1mUS$651k

US$95m

Dec 31 2024n/an/a

US$88m

Sep 30 2024n/an/a

US$82m

Jun 30 2024n/an/a

US$78m

Mar 31 2024US$967kUS$627k

US$76m

Dec 31 2023n/an/a

US$75m

Sep 30 2023n/an/a

US$75m

Jun 30 2023n/an/a

US$69m

Mar 31 2023US$2mUS$626k

US$66m

Dec 31 2022n/an/a

US$68m

Sep 30 2022n/an/a

US$65m

Jun 30 2022n/an/a

US$66m

Mar 31 2022US$1mUS$579k

US$66m

Dec 31 2021n/an/a

US$62m

Sep 30 2021n/an/a

US$59m

Jun 30 2021n/an/a

US$55m

Mar 31 2021US$2mUS$562k

US$46m

Dec 31 2020n/an/a

US$43m

Sep 30 2020n/an/a

US$41m

Jun 30 2020n/an/a

US$42m

Mar 31 2020US$1mUS$551k

US$47m

Compensation vs Market: Michael's total compensation ($USD1.19M) is below average for companies of similar size in the US market ($USD7.00M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.

CEO

Michael Combs (61 yo)

9.1yrs
Tenure
US$1,191,679
Compensation

Mr. Michael G. Combs has been the President of CorVel Corporation since April 1, 2017 and has been its Chief Executive Officer since January 18, 2019 and serves as its Chairman since November 26, 2024. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Michael Combs
President9.1yrsUS$1.19m0.081%
$ 2.5m
Jennifer Yoss
Vice President of Accounting11.9yrsUS$327.88k0.0043%
$ 134.0k
Maxim Shishin
Chief Information Officer9.2yrsUS$556.62k0.014%
$ 434.6k
Mark Bertels
Executive Vice President of Risk Management Services4.1yrsUS$496.80k0.0056%
$ 174.0k
Brian Nichols
Chief Financial Officerless than a yearno data0.000010%
$ 312.5
Sharon O'Connor
Vice President of Legal Services10.1yrsno datano data
Melissa Storan
Vice President of Marketing2.3yrsno datano data
Jason Wheeler
Vice President of Sales & Account Management2.3yrsno datano data
Jeffrey Gurtcheff
Chief Claims Officer2.6yrsno datano data
Leslie Washburn
Chief of Staff2.2yrsno datano data
Frank Siepmann
Chief Information Security Officer2.3yrsno datano data
Sarah Scott
Executive Vice President of Product1.3yrsno datano data
2.5yrs
Average Tenure
50yo
Average Age

Experienced Management: CRVL's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Combs
President1.5yrsUS$1.19m0.081%
$ 2.5m
Steven Hamerslag
Independent Director35yrsUS$175.86k0.57%
$ 17.7m
Jeffrey Michael
Independent Director35.7yrsUS$172.86k1.1%
$ 34.5m
R. Jessup
Lead Independent Director28.8yrsUS$183.86k0.23%
$ 7.1m
Alan Hoops
Independent Director23yrsUS$176.86k0.27%
$ 8.5m
Joanna Catherine Burkey
Independent Director1.8yrsUS$618.04kno data
25.9yrs
Average Tenure
68yo
Average Age

Experienced Board: CRVL's board of directors are seasoned and experienced ( 25.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 17:41
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CorVel Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.