Corvel vs Pennant Group
Corvel and Pennant Group are similar in size: $959m and $948m of revenue in their latest fiscal years. Pennant Group grew faster (36.3% against 7.0%). Corvel kept more of each dollar of sales as profit: a net margin of 11.5% against 3.1%. Corvel carries less debt relative to equity (0.0% against 46.8%).
| Latest fiscal year | CorvelCRVL, 2026 | Pennant GroupPNTG, 2025 |
|---|---|---|
| Revenue | $959m | $948m |
| Revenue growth | 7.0% | 36.3% |
| Net income | $110m | $29.6m |
| Operating margin | — | 5.5% |
| Net margin | 11.5% | 3.1% |
| Return on equity | 30.8% | 8.6% |
| Free cash flow | $110m | $36.3m |
| Cash | $233m | $17.0m |
| Total debt | $0 | $175m |
| Debt to equity | 0.0% | 46.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $56.2m | — |
| Employees | 5,239 | 9,700 |
| Market value | $4.20bn | $1.43bn |
| Price vs our value range | — | Within our value range |
| Moat score | 68 (Moderate) | 21 (Weak) |
| Insider trades, 12 months | 0 buys, 26 sales | 0 buys, 9 sales |