Corvel (CRVL) Free Cash Flow (2010 - 2025)
Corvel (CRVL) reported Free Cash Flow of $35.17 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 9.5% from $32.11 million a year earlier and up 130.3% from the prior quarter.
Corvel (CRVL) Free Cash Flow (2010 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Corvel's Free Cash Flow came in at $104.25 million, up 26.4% year-over-year; for FY2025 (ended Mar 31, 2025), it was $91.56 million, up 30.8% from FY2024.
- Free Cash Flow has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- By fiscal year, Free Cash Flow came in at $70 million in FY2024 (+25.1%), $55.97 million in FY2023 (+49.6%), $37.4 million in FY2022 (-51.5%) and $77.14 million in FY2021 (+59.2%).
- Five-year quarterly Free Cash Flow spans a low of $4.72 million in fiscal Q2 2023 and a high of $39.55 million in fiscal Q1 2026.
- Year over year, Free Cash Flow has now increased in each of the last seven quarters, with growth averaging 35.3% over the last eight quarters.
- The high point for year-over-year Free Cash Flow in five years was fiscal Q3 2023 (growth of 186.4%); the low point was fiscal Q3 2022 (a decline of 70.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $15.27 million (Q2 2026), $39.55 million (Q1 2026) and $14.26 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 10.25 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 5.65 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | -332.00 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 1.63 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | -718.00 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 2.43 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 1.43 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 1.83 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 3.42 Bn |
| 10 | Corvel | 3.80 Bn | 2.92 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 35.17 Mn |
| Sep 30, 2025 | 15.27 Mn |
| Jun 30, 2025 | 39.55 Mn |
| Mar 31, 2025 | 14.26 Mn |
| Dec 31, 2024 | 32.11 Mn |
| Sep 30, 2024 | 12.42 Mn |
| Jun 30, 2024 | 32.77 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Dec 31, 2023 | 22.46 Mn |
| Sep 30, 2023 | 10.77 Mn |
| Jun 30, 2023 | 31.58 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 23.98 Mn |
| Sep 30, 2022 | 4.72 Mn |
| Jun 30, 2022 | 21.64 Mn |
| Mar 31, 2022 | 5.45 Mn |
| Dec 31, 2021 | 8.37 Mn |
| Sep 30, 2021 | 15.59 Mn |
| Jun 30, 2021 | 8.00 Mn |
| Mar 31, 2021 | 16.66 Mn |
Corvel Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CRVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CRVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();