Is CORVEL CORP (CRVL) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 24.2% | |
| Operating Margin | 13.7% | |
| Net Margin | 11.2% | |
| Return on Equity (ROE) | 31.3% | |
| Return on Assets (ROA) | 14.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $127M |
| Free Cash Flow | $92M |
| Total Debt | $28M |
| Debt-to-Equity | 6.9 |
| Current Ratio | 1.9 |
| Total Assets | $546M |
Price & Trading
| Last Close | $53.41 |
| 50-Day MA | $55.61 |
| 200-Day MA | $75.48 |
| Avg Volume | 239K |
| Beta | 1.1 |
|
52-Week Range
$44.83
| |
About CORVEL CORP (CRVL)
CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It 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. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is CORVEL CORP (CRVL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CORVEL CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CORVEL CORP's debt ratio?
CORVEL CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are CORVEL CORP's key financial metrics?
CORVEL CORP has a market capitalization of $2.7B, trailing P/E ratio of 26.2, and revenue of $896M. The company maintains a gross margin of 24.2% and a net margin of 11.2%. Return on equity stands at 31.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.