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Corvel Corporation  (CRVL)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial

Corvel's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Corvel in the second quarter 2023?
Corvel Corporation achieved a return on average equity (ROE) of 36.16 % in its second quarter 2023 a new company high.

ROE has advanced compared to 34.66% in the first quarter 2023, due to net income growth.

Within the Insurance Brokerage industry Corvel Corporation achieved the highest return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2023 from 176 to 286.

What is ROE?



Return On Equity (Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
(Sep 30 2022)
II. Quarter
Y / Y Equity Change 12.5 % 0.66 % -4.81 % -9.36 % -
Y / Y Net Income Change 35.77 % 18.66 % -7.48 % 21.58 % -8.81 %
Net Income (TTM) in Millions 75 69 66 68 65
Return On Equity (TTM) 36.16 % 34.66 % 33.16 % 33.47 % 31.22 %
CRVL's Total Ranking # 286 # 176 # 364 # 320 # 445
Equity (TTM) in Millions 223 207 202 195 198
Seq. Equity Change 7.53 % 2.38 % 3.78 % -1.53 % -3.79 %
Seq. Net Income Change 0.47 % 9 % 7.83 % 14.96 % -12.19 %

Return On Equity Company Ranking
Within: No.
Industry # 0
Sector # 22
Overall # 286

Return On Equity Statistics
High Average Low
36.16 %
25.2 %
20.53 %
(Sep 30 2023)   (Dec 31 2016)





CRVL Annual Return On Equity (Mar 31 2023)
2023
(Mar 31 2022)
2022
(Mar 31 2021)
2021
(Mar 31 2020)
2020
(Mar 31 2019)
2019
Total Equity in Millions 202 212 220 190 195
Y / Y Equity Change -4.81 % -3.63 % 16.18 % -2.61 % 13.8 %
Net Income in Millions 66 66 46 47 47
Y / Y Net Income Change -0.07 % 43.26 % -2.16 % 1.44 % 30.84 %
Return On Equity 32.83 % 31.27 % 21.03 % 24.97 % 23.97 %





Annual Roe Comment
Despite deterioration in net income, company improved ROE to in 2023, company improved ROE to 32.83 % compared to the prior year.


More Return On Equity Ratios
Insurance Brokerage Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
CRVL's' Return on Equity at Yahoo Finance
CRVL's Roe Ratio versus Insurance Brokerage Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for CRVL's Competitors
Return On Equity for Corvel's Suppliers
Roe for CRVL's Customers




Companies with similar Return On Equity at Sep 30 2023, within Financial Sector ROE
Artisan Partners Asset Management Inc   97.84 %
Ryman Hospitality Properties inc   79.83 %
Corebridge Financial Inc   78.97 %
Haymaker Acquisition Corp 4  76.32 %
Avantax Inc   75.17 %
Simon Property Group inc   73.47 %
Ameriprise Financial Inc   68.27 %
First Citizens Bancshares Inc  64.94 %
Iron Mountain Inc  60.97 %
Moody s Corporation  48.80 %
Union Bankshares Inc   45.18 %
Dynamic Shares Trust  43.77 %
F and g Annuities and Life Inc   41.30 %
Alexanders Inc  40.74 %
Ambac Financial Group Inc   39.59 %
Presidio Property Trust Inc   39.59 %
Innsuites Hospitality Trust  39.13 %
Freedom Holding Corp   37.92 %
Cohen and Steers Inc   37.00 %
Corvel Corporation  36.16 %
Renaissancere Holdings Ltd   35.52 %
Lamar Advertising Co  35.09 %
Equitable Holdings Inc   34.90 %
Affiliated Managers Group inc   34.67 %
Lpl Financial Holdings Inc   34.13 %
Kinsale Capital Group Inc   32.41 %
Regions Financial Corporation  32.16 %
Strawberry Fields Reit Inc   31.83 %
Marsh and Mclennan Companies Inc   30.72 %
American Express Co  30.60 %


Date modified: 2023-11-03T16:01:13+00:00



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