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| Date | Value |
|---|---|
| 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 |