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CorVelCRVL +1.44%77 3-Year ROIIC % is 67.03 as of Mar. 2026, which is 202% above its 10-year median of 22.22. GuruFocus rates CRVL with a GF Score™ of 77/100 and a GF Value™ of $102.51 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 334 Insurance companies, CorVel ranks better than 93.11% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
CorVel's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 67.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CorVel's 3-Year ROIIC % or its related term are showing as below:
CRVL's 3-Year ROIIC % is ranked better than 93.11% of 334
companies
in the Insurance industry
Industry Median: 5.275
vs CRVL: 67.03
CorVel (NAS:CRVL) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
CorVel 3-Year ROIIC % Related Terms
CorVel 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CorVel's 3-Year ROIIC % 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.
For the Insurance Brokers subindustry, CorVel's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, CorVel's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CorVel's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
CorVel (CRVL) has a 3-Year ROIIC % of 67.03 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CorVel and its competitors. This is 202% above median its historical median of 22.22. According to the industry distribution chart, CorVel ranks #23 out of 334 companies in the Insurance industry, placing it in the top 6.9%.
Is CorVel's 3-Year ROIIC % too high?
CorVel's current 3-Year ROIIC % of 67.03 is 202% above median its 10-year median of 22.22. The Insurance industry median 3-Year ROIIC % is 5.28. CorVel's value of 67.03 is 1170.7% above this industry median. Based on the distribution chart, CorVel ranks #23 out of 334 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, CorVel has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CorVel's 3-Year ROIIC % compare to ARX and BWIN?
According to the Insurance industry distribution chart, CorVel ranks #23 out of 334 companies for 3-Year ROIIC %. This places CorVel in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.28. CorVel's value of 67.03 is 1170.7% above this benchmark. While the company's 10-year median is 22.22 vs. the industry median of 5.28, 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 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.28, based on 334 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CorVel's current 3-Year ROIIC % of 67.03 is 1170.7% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CorVel and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CorVel's current 3-Year ROIIC % is 67.03, which is 202% above median its own 10-year median of 22.22. 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 $102.51, compared to a current price of $59.92 — trading 41.5% below its estimated fair value. The current 3-Year ROIIC % is 67.03, which is 202% above median its 10-year median of 22.22 and 1170.7% above the Insurance industry median of 5.28. CorVel's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For CorVel (CRVL), the current 3-Year ROIIC % is 67.03 as of Mar. 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 $59.92 is trading 41.5% below its estimated GF Value™ of $102.51.
GuruFocus considers CorVel to be Significantly Undervalued.
Key valuation signals for CRVL:
3-Year ROIIC %: 67.03 (202% above median its 10-year median of 22.22)
GF Value™: $102.51 vs. price of $59.92 (41.5% below fair value)
Industry Position: 1170.7% above the Insurance median (#23 of 334)
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.
77GF Score
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