CorVel Corp (CRVL)

Return on assets (ROA)

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Net income US$ in thousands 95,165 76,252 66,365 66,410 46,356
Total assets US$ in thousands 545,976,000 454,679 393,923 415,246 424,760
ROA 0.02% 16.77% 16.85% 15.99% 10.91%

March 31, 2025 calculation

ROA = Net income ÷ Total assets
= $95,165K ÷ $545,976,000K
= 0.02%

CorVel Corp's return on assets (ROA) has shown a positive trend over the past few years. From March 31, 2021, to March 31, 2024, the ROA consistently increased from 10.91% to 16.77%, indicating that the company was effectively utilizing its assets to generate profits. However, there was a significant drop in ROA to 0.02% as of March 31, 2025. This could suggest a decrease in the company's ability to generate earnings relative to its assets in the most recent period. It would be important to further investigate the reasons behind this decline to understand the factors impacting CorVel Corp's ROA and its overall financial performance.