vs
CORVEL CORP（CRVL）与Donnelley Financial Solutions, Inc.（DFIN）财务数据对比。点击上方公司名可切换其他公司
CORVEL CORP的季度营收约是Donnelley Financial Solutions, Inc.的1.4倍（$235.6M vs $172.5M），CORVEL CORP净利率更高（10.3% vs 3.6%，领先6.7%），Donnelley Financial Solutions, Inc.同比增速更快（10.4% vs 3.4%），Donnelley Financial Solutions, Inc.自由现金流更多（$47.9M vs $35.2M），过去两年CORVEL CORP的营收复合增速更高（6.6% vs -7.9%）
Corvel Corp是一家总部位于美国的综合解决方案供应商，核心业务涵盖工伤赔偿、医疗管理与风险缓释，服务客户包括保险公司、自保雇主及公共部门机构，可帮助客户控制医疗成本、提升护理效果、优化行政运营流程。
唐nelley金融解决方案（DFIN）是一家总部位于美国伊利诺伊州芝加哥市的金融合规企业，面向资本市场与投资市场的各类企业，提供符合美国监管要求的软件即服务产品、软件赋能服务、印刷业务及合规相关服务，助力客户满足合规要求。
CRVL vs DFIN — 直观对比
营收规模更大
CRVL
是对方的1.4倍
$172.5M
营收增速更快
DFIN
高出7.0%
3.4%
净利率更高
CRVL
高出6.7%
3.6%
自由现金流更多
DFIN
多$12.7M
$35.2M
两年增速更快
CRVL
近两年复合增速
-7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $235.6M | $172.5M |
| 净利润 | $24.2M | $6.2M |
| 毛利率 | 23.3% | — |
| 营业利润率 | 13.7% | 8.3% |
| 净利率 | 10.3% | 3.6% |
| 营收同比 | 3.4% | 10.4% |
| 净利润同比 | 1.7% | -1.6% |
| 每股收益（稀释后） | $0.47 | $0.31 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CRVLDFIN
| Q4 25 | $235.6M | $172.5M | ||
| Q3 25 | $239.6M | $175.3M | ||
| Q2 25 | $234.7M | $218.1M | ||
| Q1 25 | $231.5M | $201.1M | ||
| Q4 24 | $228.0M | $156.3M | ||
| Q3 24 | $224.4M | $179.5M | ||
| Q2 24 | $211.7M | $242.7M | ||
| Q1 24 | $207.2M | $203.4M |
净利润CRVLDFIN
| Q4 25 | $24.2M | $6.2M | ||
| Q3 25 | $27.9M | $-40.9M | ||
| Q2 25 | $27.2M | $36.1M | ||
| Q1 25 | $26.4M | $31.0M | ||
| Q4 24 | $23.8M | $6.3M | ||
| Q3 24 | $23.4M | $8.7M | ||
| Q2 24 | $21.6M | $44.1M | ||
| Q1 24 | $19.5M | $33.3M |
毛利率CRVLDFIN
| Q4 25 | 23.3% | — | ||
| Q3 25 | 24.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.0% | — | ||
| Q4 24 | 23.2% | — | ||
| Q3 24 | 22.6% | — | ||
| Q2 24 | 22.7% | — | ||
| Q1 24 | 20.9% | — |
营业利润率CRVLDFIN
| Q4 25 | 13.7% | 8.3% | ||
| Q3 25 | 15.0% | 16.1% | ||
| Q2 25 | 15.0% | 24.2% | ||
| Q1 25 | 14.4% | 22.8% | ||
| Q4 24 | 13.5% | 6.0% | ||
| Q3 24 | 12.8% | 10.1% | ||
| Q2 24 | 13.2% | 26.6% | ||
| Q1 24 | 10.9% | 21.9% |
净利率CRVLDFIN
| Q4 25 | 10.3% | 3.6% | ||
| Q3 25 | 11.6% | -23.3% | ||
| Q2 25 | 11.6% | 16.6% | ||
| Q1 25 | 11.4% | 15.4% | ||
| Q4 24 | 10.4% | 4.0% | ||
| Q3 24 | 10.4% | 4.8% | ||
| Q2 24 | 10.2% | 18.2% | ||
| Q1 24 | 9.4% | 16.4% |
每股收益（稀释后）CRVLDFIN
| Q4 25 | $0.47 | $0.31 | ||
| Q3 25 | $0.54 | $-1.49 | ||
| Q2 25 | $0.52 | $1.28 | ||
| Q1 25 | $-1.23 | $1.05 | ||
| Q4 24 | $0.46 | $0.21 | ||
| Q3 24 | $1.35 | $0.29 | ||
| Q2 24 | $1.25 | $1.47 | ||
| Q1 24 | $1.12 | $1.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $230.0M | $24.5M |
| 总债务越低越好 | — | $171.3M |
| 股东权益账面价值 | $375.7M | $379.2M |
| 总资产 | $644.8M | $800.4M |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资CRVLDFIN
| Q4 25 | $230.0M | $24.5M | ||
| Q3 25 | $207.5M | $22.7M | ||
| Q2 25 | $202.0M | $33.8M | ||
| Q1 25 | $170.6M | $16.2M | ||
| Q4 24 | $162.9M | $57.3M | ||
| Q3 24 | $138.3M | $33.6M | ||
| Q2 24 | $131.9M | $35.0M | ||
| Q1 24 | $105.6M | $43.7M |
总债务CRVLDFIN
| Q4 25 | — | $171.3M | ||
| Q3 25 | — | $154.7M | ||
| Q2 25 | — | $190.1M | ||
| Q1 25 | — | $189.5M | ||
| Q4 24 | — | $124.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRVLDFIN
| Q4 25 | $375.7M | $379.2M | ||
| Q3 25 | $362.8M | $423.1M | ||
| Q2 25 | $342.5M | $432.1M | ||
| Q1 25 | $322.0M | $419.9M | ||
| Q4 24 | $300.9M | $436.1M | ||
| Q3 24 | $282.8M | $444.5M | ||
| Q2 24 | $263.9M | $441.5M | ||
| Q1 24 | $247.6M | $408.9M |
总资产CRVLDFIN
| Q4 25 | $644.8M | $800.4M | ||
| Q3 25 | $611.7M | $816.3M | ||
| Q2 25 | $597.4M | $874.7M | ||
| Q1 25 | $546.0M | $852.8M | ||
| Q4 24 | $538.8M | $841.6M | ||
| Q3 24 | $518.6M | $843.6M | ||
| Q2 24 | $486.2M | $882.9M | ||
| Q1 24 | $454.7M | $867.8M |
负债/权益比CRVLDFIN
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $46.1M | $59.8M |
| 自由现金流经营现金流 - 资本支出 | $35.2M | $47.9M |
| 自由现金流率自由现金流/营收 | 14.9% | 27.8% |
| 资本支出强度资本支出/营收 | 4.7% | 6.9% |
| 现金转化率经营现金流/净利润 | 1.91× | 9.65× |
| 过去12个月自由现金流最近4个季度 | $104.3M | $107.8M |
8季度趋势，按日历期对齐
经营现金流CRVLDFIN
| Q4 25 | $46.1M | $59.8M | ||
| Q3 25 | $25.0M | $74.4M | ||
| Q2 25 | $55.0M | $68.4M | ||
| Q1 25 | $22.9M | $-37.7M | ||
| Q4 24 | $41.6M | $56.4M | ||
| Q3 24 | $22.3M | $86.4M | ||
| Q2 24 | $40.4M | $56.2M | ||
| Q1 24 | $15.2M | $-27.9M |
自由现金流CRVLDFIN
| Q4 25 | $35.2M | $47.9M | ||
| Q3 25 | $15.3M | $59.2M | ||
| Q2 25 | $39.5M | $51.7M | ||
| Q1 25 | $14.3M | $-51.0M | ||
| Q4 24 | $32.1M | $41.3M | ||
| Q3 24 | $12.4M | $67.3M | ||
| Q2 24 | $32.8M | $36.8M | ||
| Q1 24 | $5.2M | $-40.2M |
自由现金流率CRVLDFIN
| Q4 25 | 14.9% | 27.8% | ||
| Q3 25 | 6.4% | 33.8% | ||
| Q2 25 | 16.8% | 23.7% | ||
| Q1 25 | 6.2% | -25.4% | ||
| Q4 24 | 14.1% | 26.4% | ||
| Q3 24 | 5.5% | 37.5% | ||
| Q2 24 | 15.5% | 15.2% | ||
| Q1 24 | 2.5% | -19.8% |
资本支出强度CRVLDFIN
| Q4 25 | 4.7% | 6.9% | ||
| Q3 25 | 4.1% | 8.7% | ||
| Q2 25 | 6.6% | 7.7% | ||
| Q1 25 | 3.7% | 6.6% | ||
| Q4 24 | 4.2% | 9.7% | ||
| Q3 24 | 4.4% | 10.6% | ||
| Q2 24 | 3.6% | 8.0% | ||
| Q1 24 | 4.8% | 6.0% |
现金转化率CRVLDFIN
| Q4 25 | 1.91× | 9.65× | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 2.02× | 1.89× | ||
| Q1 25 | 0.87× | -1.22× | ||
| Q4 24 | 1.75× | 8.95× | ||
| Q3 24 | 0.95× | 9.93× | ||
| Q2 24 | 1.87× | 1.27× | ||
| Q1 24 | 0.78× | -0.84× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CRVL
| Patient Management Services | $146.1M | 62% |
| Network Solutions Services | $89.6M | 38% |
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
