Growth Metrics

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

Corvel's quarterly Free Cash Flow came in at $46.1 million in Q4 2025, up 43.68% year-on-year from $32.1 million in Q4 2024, and up 84.37% quarter-over-quarter from $25.0 million in Q3 2025.

Corvel has reported Free Cash Flow for 15 years, with the latest figure at $46.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 43.68% year-over-year to $46.1 million; the trailing twelve-month figure through Dec 2025 stood at $167.7 million (up 103.28% YoY), and the FY2025 full-year result was $127.3 million, up 81.89% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $46.1 million, up from $25.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $50.0 million in Q1 2025, with the low at -$8.3 million in Q1 2023.
  • Average Free Cash Flow over 5 years is $23.6 million, with a median of $24.9 million recorded in 2022.
  • Year-over-year, Free Cash Flow sank 149.11% in 2023 and surged 862.2% in 2025.
  • Tracing CRVL's Free Cash Flow over 5 years: stood at $26.8 million in 2021, then surged by 41.24% to $37.9 million in 2022, then slumped by 40.71% to $22.5 million in 2023, then soared by 43.0% to $32.1 million in 2024, then jumped 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) Free Cash Flow (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 363.00 Mn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 921.00 Mn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn -65.00 Mn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 241.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -28.10 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 46.14 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - -18.74 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 17.17 Mn
10 Twfg 279.02 Mn 351.22 Mn - 22.43 Mn

Historic Data

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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
Jun 30, 2023 31.58 Mn
Jun 30, 2023 31.58 Mn
Mar 31, 2023 -8.26 Mn
Mar 31, 2023 -8.26 Mn
Dec 31, 2022 37.87 Mn
Dec 31, 2022 37.87 Mn
Sep 30, 2022 1.61 Mn
Sep 30, 2022 1.61 Mn
Jun 30, 2022 24.75 Mn
Jun 30, 2022 24.75 Mn
Mar 31, 2022 16.83 Mn
Mar 31, 2022 16.83 Mn
Dec 31, 2021 26.81 Mn
Dec 31, 2021 26.81 Mn
Sep 30, 2021 15.59 Mn
Sep 30, 2021 15.59 Mn
Jun 30, 2021 8.00 Mn
Jun 30, 2021 8.00 Mn
Mar 31, 2021 33.90 Mn
Mar 31, 2021 33.90 Mn
Dec 31, 2020 27.91 Mn
Dec 31, 2020 27.91 Mn
Sep 30, 2020 20.77 Mn
Sep 30, 2020 20.77 Mn
Jun 30, 2020 11.80 Mn
Jun 30, 2020 11.80 Mn
Mar 31, 2020 9.92 Mn
Mar 31, 2020 9.92 Mn
Dec 31, 2019 -4.10 Mn
Dec 31, 2019 -4.10 Mn
Sep 30, 2019 21.97 Mn
Sep 30, 2019 21.97 Mn
Jun 30, 2019 20.68 Mn
Jun 30, 2019 20.68 Mn
Mar 31, 2019 5.77 Mn
Mar 31, 2019 5.77 Mn
Dec 31, 2018 15.47 Mn
Dec 31, 2018 15.47 Mn
Sep 30, 2018 22.29 Mn
Sep 30, 2018 22.29 Mn
Jun 30, 2018 19.84 Mn
Jun 30, 2018 19.84 Mn
Mar 31, 2018 921,000.00
Mar 31, 2018 921,000.00
Dec 31, 2017 14.37 Mn
Dec 31, 2017 14.37 Mn
Sep 30, 2017 3.09 Mn
Sep 30, 2017 3.09 Mn
Jun 30, 2017 16.08 Mn
Jun 30, 2017 16.08 Mn
Mar 31, 2017 -12.01 Mn
Mar 31, 2017 -12.01 Mn
Dec 31, 2016 15.96 Mn
Dec 31, 2016 15.96 Mn
Sep 30, 2016 11.08 Mn
Sep 30, 2016 11.08 Mn
Jun 30, 2016 5.98 Mn
Jun 30, 2016 5.98 Mn
Mar 31, 2016 11.25 Mn
Mar 31, 2016 11.25 Mn
Dec 31, 2015 20.25 Mn
Dec 31, 2015 20.25 Mn
Jun 30, 2013 11.32 Mn
Jun 30, 2013 11.32 Mn
Mar 31, 2013 5.55 Mn
Mar 31, 2013 5.55 Mn
Dec 31, 2012 16.86 Mn
Dec 31, 2012 16.86 Mn
Sep 30, 2012 7.46 Mn
Sep 30, 2012 7.46 Mn
Jun 30, 2012 10.06 Mn
Jun 30, 2012 10.06 Mn
Mar 31, 2012 1.15 Mn
Mar 31, 2012 1.15 Mn
Dec 31, 2011 -3.70 Mn
Dec 31, 2011 -3.70 Mn
Sep 30, 2011 6.80 Mn
Sep 30, 2011 6.80 Mn
Jun 30, 2011 8.22 Mn
Jun 30, 2011 8.22 Mn
Mar 31, 2011 -9.93 Mn
Mar 31, 2011 -9.93 Mn
Dec 31, 2010 14.31 Mn
Dec 31, 2010 14.31 Mn
Sep 30, 2010 16.35 Mn
Sep 30, 2010 16.35 Mn
Jun 30, 2010 5.83 Mn
Jun 30, 2010 5.83 Mn