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CorVelCRVL +0.93%80 Return-on-Tangible-Equity is 35.36% as of Jun. 2026, which is 5% above its 10-year median of 33.52. GuruFocus rates CRVL with a GF Score™ of 80/100 and a GF Value™ of $103.67 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 489 Insurance companies, CorVel ranks better than 86.09% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. CorVel's annualized net income for the quarter that ended in Jun. 2026 was $128.9 Mil. CorVel's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $364.5 Mil. Therefore, CorVel's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 35.36%.
The historical rank and industry rank for CorVel's Return-on-Tangible-Equity or its related term are showing as below:
CRVL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 27.94 Med: 33.52 Max: 40.76
Current: 33.95
During the past 13 years, CorVel's highest Return-on-Tangible-Equity was 40.76%. The lowest was 27.94%. And the median was 33.52%.
CRVL's Return-on-Tangible-Equity is ranked better than 86.09% of 489
companies
in the Insurance industry
Industry Median: 13.83
vs CRVL: 33.95
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
CorVel Return-on-Tangible-Equity Related Terms
CorVel Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CorVel's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CRVL vs ARX, BWIN, LIFE: Return-on-Tangible-Equity Comparison
For the Insurance Brokers subindustry, CorVel's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CorVel Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, CorVel's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CorVel's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 35.36% mean?
CorVel (CRVL) has a Return-on-Tangible-Equity of 35.36% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CorVel and its competitors. This is near median its historical median of 33.52. Over the past decade, CorVel's Return-on-Tangible-Equity has ranged from 27.94 to 40.76. According to the industry distribution chart, CorVel ranks #68 out of 489 companies in the Insurance industry, placing it in the top 13.9%.
Is CorVel's Return-on-Tangible-Equity too high?
CorVel's current Return-on-Tangible-Equity of 35.36% is near median its 10-year median of 33.52. Over the past 10 years, this metric has ranged from a low of 27.94 to a high of 40.76. The Insurance industry median Return-on-Tangible-Equity is 13.83. CorVel's value of 35.36% is 155.7% above this industry median. Based on the distribution chart, CorVel ranks #68 out of 489 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, CorVel has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CorVel's Return-on-Tangible-Equity compare to ARX and BWIN?
According to the Insurance industry distribution chart, CorVel ranks #68 out of 489 companies for Return-on-Tangible-Equity. This places CorVel in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.83. CorVel's value of 35.36% is 155.7% above this benchmark. Historically, CorVel's own Return-on-Tangible-Equity has ranged from 27.94 to 40.76 over the past decade. While the company's 10-year median is 33.52 vs. the industry median of 13.83, CorVel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.83, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CorVel's current Return-on-Tangible-Equity of 35.36% is 155.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CorVel and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CorVel's current Return-on-Tangible-Equity is 35.36%, which is near median its own 10-year median of 33.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CorVel stock overvalued right now?
Based on GuruFocus' analysis, CorVel (CRVL) is currently considered Significantly Undervalued. The stock's GF Value™ is $103.67, compared to a current price of $70.39 — trading 32.1% below its estimated fair value. The current Return-on-Tangible-Equity is 35.36%, which is near median its 10-year median of 33.52 and 155.7% above the Insurance industry median of 13.83. CorVel's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For CorVel (CRVL), the current Return-on-Tangible-Equity is 35.36% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CorVel (CRVL) Overvalued in 2026?
Based on GuruFocus' analysis, CorVel stock appears to be undervalued.
The current stock price of $70.39 is trading 32.1% below its estimated GF Value™ of $103.67.
GuruFocus considers CorVel to be Significantly Undervalued.
Key valuation signals for CRVL:
Return-on-Tangible-Equity: 35.36% (near median its 10-year median of 33.52)
GF Value™: $103.67 vs. price of $70.39 (32.1% below fair value)
Industry Position: 155.7% above the Insurance median (#68 of 489)
No single metric tells the full story. See the CRVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CorVel Corp applies technology including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.
80GF Score
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