Corvel (CRVL) Free Cash Flow (2010 - 2025)

Corvel (CRVL) recorded quarterly Free Cash Flow of $46.1 million in Q4 2025, up 84.37% quarter-over-quarter from $25.0 million in Q3 2025, and up 43.68% on a YoY basis from $32.1 million in Q4 2024.

Corvel (CRVL) Free Cash Flow (2010 - 2025) Analysis & Trends

Corvel's Free Cash Flow history runs 15 years deep, the most recent figure standing at $46.1 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 43.68% year-over-year to $46.1 million; the TTM figure through Dec 2025 stood at $167.7 million (up 103.28% YoY), while the FY2025 annual figure was $127.3 million, up 81.89% from the prior year.
  • Free Cash Flow was $46.1 million for Q4 2025 at Corvel, up from $25.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $50.0 million in Q1 2025 to a low of -$8.3 million in Q1 2023.
  • Historically, Free Cash Flow has averaged $23.6 million across 5 years, with a median of $24.9 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Free Cash Flow sank 149.11% in 2023, then soared 862.2% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $26.8 million in 2021, then jumped by 41.24% to $37.9 million in 2022, then tumbled by 40.71% to $22.5 million in 2023, then surged by 43.0% to $32.1 million in 2024, then soared by 43.68% to $46.1 million in 2025.
  • The last three Free Cash Flow figures came in at $46.1 million (Q4 2025), $25.0 million (Q3 2025), and $46.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -750.00 Mn
2 Aon 69.98 Bn 68.59 Bn - 363.00 Mn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 921.00 Mn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -65.00 Mn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 241.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 15.60 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 46.14 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -28.10 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -18.74 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 46.14 Mn
Dec 31, 2025 46.14 Mn
Sep 30, 2025 25.02 Mn
Sep 30, 2025 25.02 Mn
Jun 30, 2025 46.53 Mn
Jun 30, 2025 46.53 Mn
Mar 31, 2025 50.02 Mn
Mar 31, 2025 50.02 Mn
Dec 31, 2024 32.11 Mn
Dec 31, 2024 32.11 Mn
Sep 30, 2024 12.42 Mn
Sep 30, 2024 12.42 Mn
Jun 30, 2024 32.77 Mn
Jun 30, 2024 32.77 Mn
Mar 31, 2024 5.20 Mn
Mar 31, 2024 5.20 Mn
Dec 31, 2023 22.46 Mn
Dec 31, 2023 22.46 Mn
Sep 30, 2023 10.77 Mn
Sep 30, 2023 10.77 Mn