CorVel
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. CorVel's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $795,311,000. The net income raised on $76,252,000 and profit margin reached 10%. Total operating expenses were $76,592,000.
Profit Margin
| 2010 | 337.96M | 26.09M | 7.72% |
|---|---|---|---|
| 2011 | 380.66M | 24.66M | 6.48% |
| 2012 | 412.66M | 26.55M | 6.43% |
| 2015 | 492.62M | 28.59M | 5.8% |
| 2016 | 503.58M | 28.52M | 5.66% |
| 2018 | 558.35M | 35.69M | 6.39% |
| 2019 | 595.74M | 46.70M | 7.84% |
| 2021 | 552.64M | 46.35M | 8.39% |
| 2022 | 646.23M | 66.41M | 10.28% |
| 2024 | 795.31M | 76.25M | 9.59% |
CRVL Income Statement (2010 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 795.31M | 646.23M | 552.64M | 595.74M | 558.35M | 503.58M | 492.62M | 412.66M | 380.66M | 337.96M |
Cost of revenue | 623.61M | 494.11M | 429.02M | 470.93M | 451.09M | 399.04M | 392.65M | 318.82M | 284.09M | 252.42M |
Gross profit | 171.69M | 152.11M | 123.62M | 124.80M | 107.25M | 104.54M | 99.96M | 93.84M | 96.57M | 85.53M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 76.59M | 67.60M | 64.44M | 63.29M | 59.35M | 58.48M | 54.40M | 50.40M | 59.16M | 42.05M |
Operating income | 95.10M | 60.59M | 35.73M | 61.51M | 47.90M | 46.06M | 45.56M | 43.43M | 37.40M | 43.48M |
Other income (expenses), net | 0 | 23.91M | 23.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income before tax | 95.10M | 84.51M | 59.17M | 61.51M | 47.90M | 46.06M | 45.56M | 43.43M | 37.40M | 43.48M |
Income tax expense | 18.84M | 18.10M | 12.81M | 14.81M | 12.20M | 17.53M | 16.97M | 16.88M | 12.74M | 17.38M |
Net income | 76.25M | 66.41M | 46.35M | 46.70M | 35.69M | 28.52M | 28.59M | 26.55M | 24.66M | 26.09M |
Earnings per share | ||||||||||
Basic EPS | 4.45 | 3.74 | 2.59 | 2.48 | 1.9 | 1.44 | 1.38 | 1.15 | 1.04 | 1.04 |
Diluted EPS | 4.4 | 3.66 | 2.55 | 2.46 | 1.87 | 1.43 | 1.37 | 1.14 | 1.02 | 1.03 |
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