vs
Side-by-side financial comparison of CORVEL CORP (CRVL) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
CORVEL CORP is the larger business by last-quarter revenue ($235.6M vs $151.1M, roughly 1.6× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs 3.4%). CORVEL CORP produced more free cash flow last quarter ($35.2M vs $12.3M). Over the past eight quarters, CORVEL CORP's revenue compounded faster (6.6% CAGR vs 5.1%).
Corvel Corp is a U.S.-headquartered provider of integrated workers’ compensation, healthcare management, and risk mitigation solutions. It serves insurance carriers, self-insured employers, and public sector clients, delivering services to control healthcare costs, improve care outcomes, and optimize administrative operations.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
CRVL vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $235.6M | $151.1M |
| Net Profit | $24.2M | — |
| Gross Margin | 23.3% | 17.8% |
| Operating Margin | 13.7% | 2.3% |
| Net Margin | 10.3% | — |
| Revenue YoY | 3.4% | 3.6% |
| Net Profit YoY | 1.7% | — |
| EPS (diluted) | $0.47 | $0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $235.6M | $151.1M | ||
| Q3 25 | $239.6M | $126.8M | ||
| Q2 25 | $234.7M | $132.5M | ||
| Q1 25 | $231.5M | $135.7M | ||
| Q4 24 | $228.0M | $145.8M | ||
| Q3 24 | $224.4M | $122.3M | ||
| Q2 24 | $211.7M | $130.8M | ||
| Q1 24 | $207.2M | $136.8M |
| Q4 25 | $24.2M | — | ||
| Q3 25 | $27.9M | $1.6M | ||
| Q2 25 | $27.2M | $-17.2M | ||
| Q1 25 | $26.4M | $7.8M | ||
| Q4 24 | $23.8M | — | ||
| Q3 24 | $23.4M | $4.7M | ||
| Q2 24 | $21.6M | $8.3M | ||
| Q1 24 | $19.5M | $7.1M |
| Q4 25 | 23.3% | 17.8% | ||
| Q3 25 | 24.3% | 15.1% | ||
| Q2 25 | 24.2% | 3.9% | ||
| Q1 25 | 25.0% | 22.0% | ||
| Q4 24 | 23.2% | 22.8% | ||
| Q3 24 | 22.6% | 18.5% | ||
| Q2 24 | 22.7% | 22.3% | ||
| Q1 24 | 20.9% | 21.5% |
| Q4 25 | 13.7% | 2.3% | ||
| Q3 25 | 15.0% | -2.7% | ||
| Q2 25 | 15.0% | -15.6% | ||
| Q1 25 | 14.4% | 6.2% | ||
| Q4 24 | 13.5% | 7.8% | ||
| Q3 24 | 12.8% | 3.1% | ||
| Q2 24 | 13.2% | 6.9% | ||
| Q1 24 | 10.9% | 5.5% |
| Q4 25 | 10.3% | — | ||
| Q3 25 | 11.6% | 1.2% | ||
| Q2 25 | 11.6% | -13.0% | ||
| Q1 25 | 11.4% | 5.7% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | 10.2% | 6.3% | ||
| Q1 24 | 9.4% | 5.2% |
| Q4 25 | $0.47 | $0.22 | ||
| Q3 25 | $0.54 | $0.10 | ||
| Q2 25 | $0.52 | $-1.05 | ||
| Q1 25 | $-1.23 | $0.46 | ||
| Q4 24 | $0.46 | $0.62 | ||
| Q3 24 | $1.35 | $0.28 | ||
| Q2 24 | $1.25 | $0.47 | ||
| Q1 24 | $1.12 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $230.0M | $92.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $375.7M | $283.8M |
| Total Assets | $644.8M | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $230.0M | $92.5M | ||
| Q3 25 | $207.5M | $80.8M | ||
| Q2 25 | $202.0M | $101.4M | ||
| Q1 25 | $170.6M | $108.3M | ||
| Q4 24 | $162.9M | $105.5M | ||
| Q3 24 | $138.3M | $96.0M | ||
| Q2 24 | $131.9M | $105.6M | ||
| Q1 24 | $105.6M | $115.3M |
| Q4 25 | $375.7M | $283.8M | ||
| Q3 25 | $362.8M | $279.6M | ||
| Q2 25 | $342.5M | $289.3M | ||
| Q1 25 | $322.0M | $321.5M | ||
| Q4 24 | $300.9M | $319.6M | ||
| Q3 24 | $282.8M | $314.9M | ||
| Q2 24 | $263.9M | $321.5M | ||
| Q1 24 | $247.6M | $332.0M |
| Q4 25 | $644.8M | $342.0M | ||
| Q3 25 | $611.7M | $342.3M | ||
| Q2 25 | $597.4M | $349.5M | ||
| Q1 25 | $546.0M | $379.0M | ||
| Q4 24 | $538.8M | $384.0M | ||
| Q3 24 | $518.6M | $373.5M | ||
| Q2 24 | $486.2M | $376.7M | ||
| Q1 24 | $454.7M | $385.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $46.1M | $15.5M |
| Free Cash FlowOCF − Capex | $35.2M | $12.3M |
| FCF MarginFCF / Revenue | 14.9% | 8.2% |
| Capex IntensityCapex / Revenue | 4.7% | 2.1% |
| Cash ConversionOCF / Net Profit | 1.91× | — |
| TTM Free Cash FlowTrailing 4 quarters | $104.3M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $46.1M | $15.5M | ||
| Q3 25 | $25.0M | $12.9M | ||
| Q2 25 | $55.0M | $14.7M | ||
| Q1 25 | $22.9M | $11.1M | ||
| Q4 24 | $41.6M | $20.0M | ||
| Q3 24 | $22.3M | $9.4M | ||
| Q2 24 | $40.4M | $18.7M | ||
| Q1 24 | $15.2M | $7.3M |
| Q4 25 | $35.2M | $12.3M | ||
| Q3 25 | $15.3M | $7.0M | ||
| Q2 25 | $39.5M | $9.1M | ||
| Q1 25 | $14.3M | $10.0M | ||
| Q4 24 | $32.1M | $16.4M | ||
| Q3 24 | $12.4M | $2.6M | ||
| Q2 24 | $32.8M | $10.1M | ||
| Q1 24 | $5.2M | $5.6M |
| Q4 25 | 14.9% | 8.2% | ||
| Q3 25 | 6.4% | 5.5% | ||
| Q2 25 | 16.8% | 6.9% | ||
| Q1 25 | 6.2% | 7.4% | ||
| Q4 24 | 14.1% | 11.2% | ||
| Q3 24 | 5.5% | 2.1% | ||
| Q2 24 | 15.5% | 7.7% | ||
| Q1 24 | 2.5% | 4.1% |
| Q4 25 | 4.7% | 2.1% | ||
| Q3 25 | 4.1% | 4.6% | ||
| Q2 25 | 6.6% | 4.2% | ||
| Q1 25 | 3.7% | 0.8% | ||
| Q4 24 | 4.2% | 2.5% | ||
| Q3 24 | 4.4% | 5.5% | ||
| Q2 24 | 3.6% | 6.6% | ||
| Q1 24 | 4.8% | 1.3% |
| Q4 25 | 1.91× | — | ||
| Q3 25 | 0.90× | 8.15× | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.87× | 1.43× | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 0.95× | 1.98× | ||
| Q2 24 | 1.87× | 2.27× | ||
| Q1 24 | 0.78× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRVL
| Patient Management Services | $146.1M | 62% |
| Network Solutions Services | $89.6M | 38% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
