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CORVEL CORP（CRVL）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.3倍（$235.6M vs $179.7M），CORVEL CORP净利率更高（10.3% vs -29.5%，领先39.7%），Rocket Lab Corp同比增速更快（35.7% vs 3.4%），CORVEL CORP自由现金流更多（$35.2M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 6.6%）
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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
CRVL vs RKLB — 直观对比
营收规模更大
CRVL
是对方的1.3倍
$179.7M
营收增速更快
RKLB
高出32.3%
3.4%
净利率更高
CRVL
高出39.7%
-29.5%
自由现金流更多
CRVL
多$149.4M
$-114.2M
两年增速更快
RKLB
近两年复合增速
6.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $235.6M | $179.7M |
| 净利润 | $24.2M | $-52.9M |
| 毛利率 | 23.3% | 38.0% |
| 营业利润率 | 13.7% | -28.4% |
| 净利率 | 10.3% | -29.5% |
| 营收同比 | 3.4% | 35.7% |
| 净利润同比 | 1.7% | -1.1% |
| 每股收益（稀释后） | $0.47 | $-0.09 |
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CRVLRKLB
| Q4 25 | $235.6M | $179.7M | ||
| Q3 25 | $239.6M | $155.1M | ||
| Q2 25 | $234.7M | $144.5M | ||
| Q1 25 | $231.5M | $122.6M | ||
| Q4 24 | $228.0M | $132.4M | ||
| Q3 24 | $224.4M | $104.8M | ||
| Q2 24 | $211.7M | $106.3M | ||
| Q1 24 | $207.2M | $92.8M |
净利润CRVLRKLB
| Q4 25 | $24.2M | $-52.9M | ||
| Q3 25 | $27.9M | $-18.3M | ||
| Q2 25 | $27.2M | $-66.4M | ||
| Q1 25 | $26.4M | $-60.6M | ||
| Q4 24 | $23.8M | $-52.3M | ||
| Q3 24 | $23.4M | $-51.9M | ||
| Q2 24 | $21.6M | $-41.6M | ||
| Q1 24 | $19.5M | $-44.3M |
毛利率CRVLRKLB
| Q4 25 | 23.3% | 38.0% | ||
| Q3 25 | 24.3% | 37.0% | ||
| Q2 25 | 24.2% | 32.1% | ||
| Q1 25 | 25.0% | 28.8% | ||
| Q4 24 | 23.2% | 27.8% | ||
| Q3 24 | 22.6% | 26.7% | ||
| Q2 24 | 22.7% | 25.6% | ||
| Q1 24 | 20.9% | 26.1% |
营业利润率CRVLRKLB
| Q4 25 | 13.7% | -28.4% | ||
| Q3 25 | 15.0% | -38.0% | ||
| Q2 25 | 15.0% | -41.3% | ||
| Q1 25 | 14.4% | -48.3% | ||
| Q4 24 | 13.5% | -38.9% | ||
| Q3 24 | 12.8% | -49.5% | ||
| Q2 24 | 13.2% | -40.7% | ||
| Q1 24 | 10.9% | -46.4% |
净利率CRVLRKLB
| Q4 25 | 10.3% | -29.5% | ||
| Q3 25 | 11.6% | -11.8% | ||
| Q2 25 | 11.6% | -46.0% | ||
| Q1 25 | 11.4% | -49.5% | ||
| Q4 24 | 10.4% | -39.5% | ||
| Q3 24 | 10.4% | -49.6% | ||
| Q2 24 | 10.2% | -39.2% | ||
| Q1 24 | 9.4% | -47.7% |
每股收益（稀释后）CRVLRKLB
| Q4 25 | $0.47 | $-0.09 | ||
| Q3 25 | $0.54 | $-0.03 | ||
| Q2 25 | $0.52 | $-0.13 | ||
| Q1 25 | $-1.23 | $-0.12 | ||
| Q4 24 | $0.46 | $-0.11 | ||
| Q3 24 | $1.35 | $-0.10 | ||
| Q2 24 | $1.25 | $-0.08 | ||
| Q1 24 | $1.12 | $-0.09 |
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 | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $375.7M | $1.7B |
| 总资产 | $644.8M | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资CRVLRKLB
| Q4 25 | $230.0M | $1.0B | ||
| Q3 25 | $207.5M | $976.7M | ||
| Q2 25 | $202.0M | $688.1M | ||
| Q1 25 | $170.6M | $428.4M | ||
| Q4 24 | $162.9M | $419.0M | ||
| Q3 24 | $138.3M | $442.4M | ||
| Q2 24 | $131.9M | $496.8M | ||
| Q1 24 | $105.6M | $492.5M |
总债务CRVLRKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益CRVLRKLB
| Q4 25 | $375.7M | $1.7B | ||
| Q3 25 | $362.8M | $1.3B | ||
| Q2 25 | $342.5M | $688.5M | ||
| Q1 25 | $322.0M | $431.3M | ||
| Q4 24 | $300.9M | $382.5M | ||
| Q3 24 | $282.8M | $419.8M | ||
| Q2 24 | $263.9M | $455.2M | ||
| Q1 24 | $247.6M | $478.9M |
总资产CRVLRKLB
| Q4 25 | $644.8M | $2.3B | ||
| Q3 25 | $611.7M | $2.2B | ||
| Q2 25 | $597.4M | $1.6B | ||
| Q1 25 | $546.0M | $1.3B | ||
| Q4 24 | $538.8M | $1.2B | ||
| Q3 24 | $518.6M | $1.2B | ||
| Q2 24 | $486.2M | $1.2B | ||
| Q1 24 | $454.7M | $1.2B |
负债/权益比CRVLRKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $35.2M | $-114.2M |
| 自由现金流率自由现金流/营收 | 14.9% | -63.6% |
| 资本支出强度资本支出/营收 | 4.7% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.91× | — |
| 过去12个月自由现金流最近4个季度 | $104.3M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流CRVLRKLB
| Q4 25 | $46.1M | $-64.5M | ||
| Q3 25 | $25.0M | $-23.5M | ||
| Q2 25 | $55.0M | $-23.2M | ||
| Q1 25 | $22.9M | $-54.2M | ||
| Q4 24 | $41.6M | $-2.4M | ||
| Q3 24 | $22.3M | $-30.9M | ||
| Q2 24 | $40.4M | $-13.0M | ||
| Q1 24 | $15.2M | $-2.6M |
自由现金流CRVLRKLB
| Q4 25 | $35.2M | $-114.2M | ||
| Q3 25 | $15.3M | $-69.4M | ||
| Q2 25 | $39.5M | $-55.3M | ||
| Q1 25 | $14.3M | $-82.9M | ||
| Q4 24 | $32.1M | $-23.9M | ||
| Q3 24 | $12.4M | $-41.9M | ||
| Q2 24 | $32.8M | $-28.3M | ||
| Q1 24 | $5.2M | $-21.8M |
自由现金流率CRVLRKLB
| Q4 25 | 14.9% | -63.6% | ||
| Q3 25 | 6.4% | -44.8% | ||
| Q2 25 | 16.8% | -38.3% | ||
| Q1 25 | 6.2% | -67.6% | ||
| Q4 24 | 14.1% | -18.1% | ||
| Q3 24 | 5.5% | -40.0% | ||
| Q2 24 | 15.5% | -26.7% | ||
| Q1 24 | 2.5% | -23.5% |
资本支出强度CRVLRKLB
| Q4 25 | 4.7% | 27.6% | ||
| Q3 25 | 4.1% | 29.6% | ||
| Q2 25 | 6.6% | 22.2% | ||
| Q1 25 | 3.7% | 23.4% | ||
| Q4 24 | 4.2% | 16.3% | ||
| Q3 24 | 4.4% | 10.5% | ||
| Q2 24 | 3.6% | 14.4% | ||
| Q1 24 | 4.8% | 20.7% |
现金转化率CRVLRKLB
| Q4 25 | 1.91× | — | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 0.95× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 0.78× | — |
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% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
