Crawford (CRD-A)
Market Price (5/6/2026): $9.6 | Market Cap: $468.0 MilSector: Financials | Industry: Insurance Brokers
Crawford (CRD-A)
Market Price (5/6/2026): $9.6Market Cap: $468.0 MilSector: FinancialsIndustry: Insurance Brokers
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, Dividend Yield is 3.1%, FCF Yield is 18% Low stock price volatilityVol 12M is 34% | Weak multi-year price returns2Y Excs Rtn is -35%, 3Y Excs Rtn is -59% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 1.0%, Rev Chg QQuarterly Revenue Change % is -1.0% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, Dividend Yield is 3.1%, FCF Yield is 18% |
| Low stock price volatilityVol 12M is 34% |
| Weak multi-year price returns2Y Excs Rtn is -35%, 3Y Excs Rtn is -59% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 1.0%, Rev Chg QQuarterly Revenue Change % is -1.0% |
Qualitative Assessment
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Crawford (CRD-A) stock has lost about 10% since 1/31/2026 because of the following key factors:
1. Crawford & Company reported weaker financial results for the first quarter of 2026. Revenues before reimbursements decreased by 1% to $309.5 million, down from $312.0 million in the first quarter of 2025. Net income fell to $4.9 million, or $0.10 per diluted share, compared to $6.7 million, or $0.13 per diluted share, in the prior-year quarter. Non-GAAP diluted EPS also declined from $0.21 to $0.16.
2. The U.S. Property & Casualty segment experienced a notable decline in revenue. Revenues before reimbursements for this segment decreased by 11.3% to $72.9 million in Q1 2026 from $82.2 million in Q1 2025. This drop was primarily driven by continued decreases in weather-driven services within Claims Solutions and Catastrophe Services.
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1. Crawford & Company reported weaker financial results for the first quarter of 2026. Revenues before reimbursements decreased by 1% to $309.5 million, down from $312.0 million in the first quarter of 2025. Net income fell to $4.9 million, or $0.10 per diluted share, compared to $6.7 million, or $0.13 per diluted share, in the prior-year quarter. Non-GAAP diluted EPS also declined from $0.21 to $0.16.
2. The U.S. Property & Casualty segment experienced a notable decline in revenue. Revenues before reimbursements for this segment decreased by 11.3% to $72.9 million in Q1 2026 from $82.2 million in Q1 2025. This drop was primarily driven by continued decreases in weather-driven services within Claims Solutions and Catastrophe Services.
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Stock Movement Drivers
Fundamental Drivers
The -11.1% change in CRD-A stock from 1/31/2026 to 5/5/2026 was primarily driven by a -43.5% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.77 | 9.58 | -11.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,349 | 1,308 | -3.1% |
| Net Income Margin (%) | 2.4% | 1.4% | -43.5% |
| P/E Multiple | 16.4 | 26.2 | 59.6% |
| Shares Outstanding (Mil) | 50 | 49 | 1.7% |
| Cumulative Contribution | -11.1% |
Market Drivers
1/31/2026 to 5/5/2026| Return | Correlation | |
|---|---|---|
| CRD-A | -11.1% | |
| Market (SPY) | 3.6% | 18.2% |
| Sector (XLF) | -3.0% | 40.2% |
Fundamental Drivers
The -10.3% change in CRD-A stock from 10/31/2025 to 5/5/2026 was primarily driven by a -37.4% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.68 | 9.58 | -10.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,359 | 1,308 | -3.8% |
| Net Income Margin (%) | 2.2% | 1.4% | -37.4% |
| P/E Multiple | 17.8 | 26.2 | 46.8% |
| Shares Outstanding (Mil) | 49 | 49 | 1.4% |
| Cumulative Contribution | -10.3% |
Market Drivers
10/31/2025 to 5/5/2026| Return | Correlation | |
|---|---|---|
| CRD-A | -10.3% | |
| Market (SPY) | 5.5% | 21.6% |
| Sector (XLF) | -0.6% | 40.8% |
Fundamental Drivers
The -11.4% change in CRD-A stock from 4/30/2025 to 5/5/2026 was primarily driven by a -31.2% change in the company's Net Income Margin (%).| (LTM values as of) | 4302025 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.81 | 9.58 | -11.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,341 | 1,308 | -2.5% |
| Net Income Margin (%) | 2.0% | 1.4% | -31.2% |
| P/E Multiple | 20.0 | 26.2 | 31.0% |
| Shares Outstanding (Mil) | 49 | 49 | 0.7% |
| Cumulative Contribution | -11.4% |
Market Drivers
4/30/2025 to 5/5/2026| Return | Correlation | |
|---|---|---|
| CRD-A | -11.4% | |
| Market (SPY) | 30.4% | 31.8% |
| Sector (XLF) | 7.4% | 46.8% |
Fundamental Drivers
The 15.0% change in CRD-A stock from 4/30/2023 to 5/5/2026 was primarily driven by a 9.0% change in the company's P/S Multiple.| (LTM values as of) | 4302023 | 5052026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.33 | 9.58 | 15.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,231 | 1,308 | 6.2% |
| P/S Multiple | 0.3 | 0.4 | 9.0% |
| Shares Outstanding (Mil) | 48 | 49 | -0.6% |
| Cumulative Contribution | 15.0% |
Market Drivers
4/30/2023 to 5/5/2026| Return | Correlation | |
|---|---|---|
| CRD-A | 15.0% | |
| Market (SPY) | 78.7% | 33.2% |
| Sector (XLF) | 63.2% | 38.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CRD-A Return | 4% | -23% | 144% | -10% | -0% | -8% | 62% |
| Peers Return | 53% | 1% | 16% | 32% | -9% | -18% | 75% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| CRD-A Win Rate | 42% | 50% | 67% | 42% | 58% | 20% | |
| Peers Win Rate | 72% | 43% | 53% | 73% | 50% | 28% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 40% | |
Max Drawdowns [4] | |||||||
| CRD-A Max Drawdown | -4% | -29% | -3% | -40% | -22% | -17% | |
| Peers Max Drawdown | -7% | -21% | -12% | -4% | -16% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AJG, CRVL, EXLS, AON, WTW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/5/2026 (YTD)
How Low Can It Go
| Event | CRD-A | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -16.6% | -18.8% |
| % Gain to Breakeven | 19.9% | 23.1% |
| Time to Breakeven | 258 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.4% | -9.5% |
| % Gain to Breakeven | 12.8% | 10.5% |
| Time to Breakeven | 20 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -29.6% | -24.5% |
| % Gain to Breakeven | 42.0% | 32.4% |
| Time to Breakeven | 169 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -29.9% | -33.7% |
| % Gain to Breakeven | 42.6% | 50.9% |
| Time to Breakeven | 312 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -17.6% | -3.7% |
| % Gain to Breakeven | 21.4% | 3.9% |
| Time to Breakeven | 73 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -40.2% | -12.2% |
| % Gain to Breakeven | 67.1% | 13.9% |
| Time to Breakeven | 90 days | 62 days |
In The Past
Crawford's stock fell -16.6% during the 2025 US Tariff Shock. Such a loss loss requires a 19.9% gain to breakeven.
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Asset Allocation
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| Event | CRD-A | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -29.6% | -24.5% |
| % Gain to Breakeven | 42.0% | 32.4% |
| Time to Breakeven | 169 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -29.9% | -33.7% |
| % Gain to Breakeven | 42.6% | 50.9% |
| Time to Breakeven | 312 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -40.2% | -12.2% |
| % Gain to Breakeven | 67.1% | 13.9% |
| Time to Breakeven | 90 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -49.4% | -6.8% |
| % Gain to Breakeven | 97.6% | 7.3% |
| Time to Breakeven | 106 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -38.5% | -17.9% |
| % Gain to Breakeven | 62.5% | 21.8% |
| Time to Breakeven | 424 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -27.6% | -15.4% |
| % Gain to Breakeven | 38.2% | 18.2% |
| Time to Breakeven | 193 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -24.3% | -53.4% |
| % Gain to Breakeven | 32.1% | 114.4% |
| Time to Breakeven | 22 days | 1085 days |
In The Past
Crawford's stock fell -16.6% during the 2025 US Tariff Shock. Such a loss loss requires a 19.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Crawford (CRD-A)
Crawford & Company provides claims management and outsourcing solutions for carriers, brokers, and corporations in the United States, the United Kingdom, Europe, Canada, Australia, and internationally. The company's Crawford Loss Adjusting provides claims management services to insurance companies and self-insured entities risk including property, public liability, automobile, and marine insurances. Its Crawford TPA Solutions segment provides claims and risk management services for corporations in the self-insured or commercially-insured marketplace; desktop claim adjusting and claims evaluation services; initial loss reporting services for claimants; and loss mitigation and risk management information services, as well as administers loss funds established to pay claims. This segment also offers third party administration for workers' compensation, auto and liability, disability absence and medical management, and accident and health products. The company's Crawford Platform Solutions segment offers insurance through service lines, such as Contractor Connection and Networks, including losses caused by natural disasters, such as fires, hailstorms, hurricanes, earthquakes, floods, as well as man-made disasters, such as oil spills, and chemical releases. It also provides customer-centric solutions for various loss types comprising high-frequency and low-complexity claims to large complex repairs; and outsourced contractor management services to personal and commercial insurance carriers and consumer markets. The company was founded in 1941 and is headquartered in Atlanta, Georgia.
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- The 'ADP' for managing complex insurance claims and risk management for businesses.
- An 'Angi' or 'HomeAdvisor' specifically for connecting insurance companies with a managed network of vetted contractors for property repairs, especially after disasters.
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- Claims Adjusting Services: Provides claims management services for insurance companies and self-insured entities across various insurance types including property, public liability, automobile, and marine.
- Third-Party Administration (TPA) Services: Offers comprehensive claims and risk management for self-insured or commercially-insured corporations, including desktop claim adjusting, loss reporting, and administration for workers' compensation, auto, liability, disability, and health products.
- Contractor Network and Management Services: Delivers outsourced contractor management services and solutions, such as Contractor Connection, for various loss types ranging from high-frequency claims to large complex repairs and disaster recovery.
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Crawford (CRD-A) primarily sells its claims management and outsourcing solutions to other companies. The provided background description does not list specific customer company names. Instead, it details the major categories of businesses that Crawford serves:
- Insurance Carriers and Companies: This includes various insurance providers that utilize Crawford's services for claims management, loss adjusting (e.g., property, public liability, automobile, marine insurances), and related solutions.
- Brokers: Companies that act as intermediaries in the insurance market, for whom Crawford provides solutions.
- Corporations and Self-Insured Entities: These are businesses, whether self-insured or commercially-insured, that use Crawford's TPA Solutions for claims and risk management, workers' compensation, auto and liability, disability absence and medical management, and other related services.
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W. Bruce Swain, Jr. President & CEO (Interim, effective January 1, 2026) W. Bruce Swain, Jr. will become interim President and CEO of Crawford & Company effective January 1, 2026. He currently serves as Chief Financial Officer until December 31, 2025. Swain began his career at Crawford in 1991, initially handling business interruption claims, and later moved into the finance organization. He held various management positions before being appointed Senior Vice President and Controller in January 2000, and then Chief Financial Officer and Executive Vice President in October 2006. He has been with Crawford for over 30 years. Holly Boudreau Chief Financial Officer (effective January 1, 2026) Holly Boudreau will assume the role of Chief Financial Officer for Crawford & Company, effective January 1, 2026. She joined Crawford in 2013. From 2024 to 2025, she served as Senior Vice President of Tax, Treasury, and Finance Transformation at Crawford, focusing on enhancing the operational effectiveness of the finance function. Before joining Crawford, Boudreau was a tax director at PricewaterhouseCoopers LLP. She is a Certified Public Accountant in New York and Georgia. Rohit Verma President and Chief Executive Officer (until December 31, 2025) Rohit Verma has served as President and Chief Executive Officer of Crawford & Company since May 15, 2020, and will step down effective December 31, 2025, to become CEO of Alight, Inc.. He joined Crawford in 2017. Prior to Crawford, Verma spent 10 years at Zurich North America, where he was a regional executive for the South region and held various executive management roles in underwriting, finance, strategy, and general management. His earlier career included work as a management consultant with McKinsey & Company and Deloitte. He has over 20 years of international strategic expertise across Europe, Asia, and North America. Andrew Bart CEO, International Operations Andrew Bart is the Chief Executive Officer of Crawford International Operations, overseeing all company operations outside of North America. This includes the Loss Adjusting, Third Party Administration (TPA), and Platform Solutions segments. He is dedicated to delivering market-leading claim solutions, attracting and developing technical experts, advancing digital capabilities, and fostering a growth-oriented culture. He assumed the role of President, Loss Adjusting, International in January 2021. Roberto McQuattie Global Chief Transformation Officer Roberto McQuattie serves as Crawford & Company's Global Chief Transformation Officer. Previously, he was the president for Latin America, where he was responsible for driving new business growth and managing operations across Crawford's extensive network of 15 offices in the region. During his tenure, he successfully transformed Crawford into one of Latin America's largest claims-management solutions providers. In 2019, he played a crucial role in the acquisition of Crawford Carvallo, which significantly expanded the company's local capabilities and expertise in Latin America.AI Analysis | Feedback
The key risks to Crawford & Company (CRD-A) are:
- Carrier Insourcing and Soft Near-Term Volume: A significant risk to Crawford's business is the potential for insurance carriers to insource claims management functions, leading to reduced demand for Crawford's outsourcing solutions. This is compounded by a general soft near-term volume, which directly impacts the company's revenue streams.
- Sensitivity to Weather-Related Activity: Crawford's business, particularly its Platform Solutions segment, is heavily influenced by natural disasters such as fires, hailstorms, hurricanes, earthquakes, and floods. Lower weather-related activity can lead to a decrease in claims volume, resulting in reduced revenue for the company.
- Intense Competition and the Need for Technology Adaptation: The claims management industry is competitive, and Crawford faces risks from intense competition. Furthermore, the company must continually adapt to technological advancements and digitize its processes to maintain operational efficiency and competitive advantage. A failure to embrace technology could impact its ability to effectively manage claims and compete in the market.
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```htmlThe rapid advancement and adoption of artificial intelligence (AI) and automation technologies by insurance carriers and self-insured entities pose a clear emerging threat. These technologies are increasingly capable of automating various aspects of the claims management process, including initial loss reporting, damage assessment (via computer vision analyzing photos/videos), fraud detection, and even the adjudication and settlement of high-frequency, low-complexity claims. As insurers build or integrate these AI-powered platforms, their reliance on third-party adjusters, desktop claim evaluators, and certain third-party administration (TPA) services, which form the core of Crawford's Loss Adjusting and TPA Solutions segments, could diminish significantly.
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Crawford & Company (CRD-A) operates in several addressable markets related to claims management and outsourcing solutions.Addressable Markets for Crawford & Company's Main Products and Services:
- Global Insurance Claims Services Market: This market, which encompasses claims management and outsourcing solutions, was valued at $193.8 billion in 2022 and is projected to reach $638.3 billion by 2032.
- Global Claims Management Solution Market: For technology-driven claims management solutions, the global market size was approximately $15.76 billion in 2024 and is forecasted to grow to $22.34 billion by 2030.
-
Global Insurance Third-Party Administrator (TPA) Market: The global TPA market, which includes various claims and risk management services offered by Crawford, was estimated at $513.23 billion in 2024 and is projected to expand to $820.39 billion by 2033.
- U.S. Insurance Third-Party Administrator Market: Specifically in the U.S., this market was valued at $156.08 billion in 2020 and is projected to reach $243.26 billion by 2030.
- US Healthcare Insurance Third-Party Administrator Market: A segment of the TPA market relevant to Crawford's health-related TPA services was valued at approximately $64.92 billion in 2024 and is expected to reach $144.86 billion by 2031.
- Europe Insurance Third-Party Administration Market: In Europe, the market was valued at $15.67 billion in 2023.
- Global Contractor Management Service Market: This market, which aligns with Crawford's Contractor Connection and Networks services, was estimated at $15 billion in 2025 and is projected to grow to $50 billion by 2033.
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Crawford & Company (CRD-A) anticipates several key drivers to fuel its revenue growth over the next two to three years:
- Continued Growth in Broadspire Segment: The Broadspire segment, which provides third-party administration for workers' compensation, auto and liability, and other benefits, is expected to be a significant contributor to future revenue. It has consistently demonstrated mid-single-digit growth and achieved record full-year revenue and earnings in 2025. Management considers Broadspire a "core profit engine" due to its recurring revenue and less reliance on weather-related events.
- Profitable Market Share Expansion and New Business: A primary strategic goal for Crawford is the expansion of profitable market share, supported by a focus on continuously improving its go-to-market strategy. The company successfully added $98 million in new business during 2025, indicating its ability to attract new clients and assignments.
- Increasing Demand for Complex Claims and Global Technical Services: The growing complexity of risks globally is expanding the market for major and complex loss claims. Crawford is well-positioned to capitalize on this trend, as clients increasingly seek partners with deep technical expertise and global coordination capabilities to manage high-severity, intricate claims. The company's global technical services team is highlighted as a leader in this specialized market.
- Operational Streamlining and Enhanced Client Focus: Recent strategic restructuring, including the implementation of a new global operating structure and the exit from lower-margin legal advisory services, is intended to improve operational efficiency and enhance client outcomes. This streamlining is expected to support scalable growth across its business segments, allowing for better revenue capture and improved service delivery.
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Share Repurchases
- On October 30, 2025, the Board of Directors authorized an increase of two million shares to the share purchase program, extending its termination date to December 31, 2027.
- This program was initially established on November 4, 2021, and further expanded on February 10, 2022, with an aggregate authorization to repurchase up to seven million shares of common stock.
- During 2025, the Company repurchased 836,859 shares of CRD-A at an average cost of $10.90 per share and 131,060 shares of CRD-B at an average cost of $10.62 per share, totaling $10.5 million in share repurchases.
- In 2024, Crawford & Company repurchased 409,610 shares of CRD-B.
Outbound Investments
- Crawford & Company completed several acquisitions in the last few years, including Tecse, Inarges, and Cortes y Botella in November 2024.
- Other acquisitions include Bosboon and Praxis Consulting in October 2021, and edjuster in August 2021.
- The company averaged 1.2 acquisitions annually between 2020 and 2025, with peak acquisition years in 2024 and 2021, each having three acquisitions.
Capital Expenditures
- In the last 12 months, as of December 31, 2025, capital expenditures amounted to -$7.01 million.
- The company's capital management approach supports investments in its workforce, technology, and client solutions to strengthen its market position.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Crawford Earnings Notes | 12/16/2025 | |
| Crawford Total Shareholder Return (TSR): -7.4% in 2024 and 21.7% 3-yr compounded annual returns (above peer average) | 03/07/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 131.44 |
| Mkt Cap | 14.8 |
| Rev LTM | 6,027 |
| Op Inc LTM | 1,321 |
| FCF LTM | 932 |
| FCF 3Y Avg | 740 |
| CFO LTM | 1,075 |
| CFO 3Y Avg | 884 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.5% |
| Rev Chg 3Y Avg | 10.8% |
| Rev Chg Q | 7.5% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Inc Chg LTM | 14.3% |
| Op Inc Chg 3Y Avg | 13.3% |
| Op Mgn LTM | 16.8% |
| Op Mgn 3Y Avg | 16.8% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 16.0% |
| CFO/Rev 3Y Avg | 14.7% |
| FCF/Rev LTM | 13.3% |
| FCF/Rev 3Y Avg | 12.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.8 |
| P/S | 2.8 |
| P/Op Inc | 14.3 |
| P/EBIT | 12.9 |
| P/E | 22.8 |
| P/CFO | 15.9 |
| Total Yield | 6.0% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 4.1% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.9% |
| 3M Rtn | -10.6% |
| 6M Rtn | -18.4% |
| 12M Rtn | -24.0% |
| 3Y Rtn | -0.7% |
| 1M Excs Rtn | -14.5% |
| 3M Excs Rtn | -15.6% |
| 6M Excs Rtn | -23.0% |
| 12M Excs Rtn | -52.2% |
| 3Y Excs Rtn | -73.6% |
Segment Financials
Assets by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| International Operations | 149 | ||||
| Capitalized software costs, net | 112 | ||||
| North America Loss Adjusting Revenues before Reimbursements | 107 | ||||
| Platform Solutions | 95 | 72 | |||
| Operating lease right-of-use asset, net | 79 | ||||
| Broadspire | 73 | ||||
| Cash and cash equivalents | 55 | ||||
| Other noncurrent assets | 42 | ||||
| Prepaid expenses and other current assets | 40 | ||||
| Deferred income tax assets | 25 | ||||
| Net property and equipment | 21 | ||||
| Income taxes receivable | 5 | ||||
| Corporate assets | 389 | ||||
| Crawford Loss Adjusting | 198 | ||||
| Crawford TPA (Third Party Administrator) Solutions | 95 | ||||
| Total | 804 | 753 |
Price Behavior
Price Behavior
| Market Price | $9.58 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 03/19/1992 | |
| Distance from 52W High | -18.7% | |
| 50 Days | 200 Days | |
| DMA Price | $10.28 | $10.57 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -6.8% | -9.4% |
| 3M | 1YR | |
| Volatility | 34.1% | 33.9% |
| Downside Capture | 0.73 | 0.63 |
| Upside Capture | 47.20 | 70.40 |
| Correlation (SPY) | 17.2% | 31.4% |
CRD-A Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.67 | 0.40 | 0.36 | 0.45 | 0.84 | 0.85 |
| Up Beta | 0.72 | 0.56 | 0.17 | 0.27 | 1.14 | 0.97 |
| Down Beta | -4.49 | -0.29 | -0.17 | -0.12 | 0.36 | 0.84 |
| Up Capture | 60% | 37% | 54% | 60% | 64% | 48% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 22 | 34 | 62 | 126 | 386 |
| Down Capture | 214% | 66% | 62% | 80% | 102% | 95% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 21 | 30 | 62 | 123 | 353 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRD-A | |
|---|---|---|---|---|
| CRD-A | -11.7% | 33.9% | -0.32 | - |
| Sector ETF (XLF) | 5.3% | 14.6% | 0.14 | 46.8% |
| Equity (SPY) | 27.8% | 12.5% | 1.73 | 31.8% |
| Gold (GLD) | 40.6% | 27.2% | 1.23 | -6.4% |
| Commodities (DBC) | 50.1% | 18.0% | 2.16 | -13.8% |
| Real Estate (VNQ) | 11.0% | 13.4% | 0.53 | 30.0% |
| Bitcoin (BTCUSD) | -17.3% | 42.2% | -0.34 | 7.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRD-A | |
|---|---|---|---|---|
| CRD-A | 1.7% | 39.9% | 0.16 | - |
| Sector ETF (XLF) | 9.4% | 18.7% | 0.39 | 31.8% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 30.1% |
| Gold (GLD) | 20.2% | 17.9% | 0.92 | 2.4% |
| Commodities (DBC) | 14.0% | 19.1% | 0.60 | 6.8% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.09 | 27.3% |
| Bitcoin (BTCUSD) | 7.9% | 56.2% | 0.35 | 13.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRD-A | |
|---|---|---|---|---|
| CRD-A | 7.6% | 41.5% | 0.32 | - |
| Sector ETF (XLF) | 12.5% | 22.2% | 0.52 | 37.0% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 33.1% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | -1.1% |
| Commodities (DBC) | 9.6% | 17.7% | 0.45 | 11.0% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 30.8% |
| Bitcoin (BTCUSD) | 67.4% | 66.9% | 1.06 | 8.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/2/2026 | -4.8% | -8.1% | -8.9% |
| 11/3/2025 | 1.3% | 4.4% | 2.1% |
| 8/4/2025 | -3.7% | -2.2% | 13.8% |
| 3/3/2025 | -1.7% | -9.7% | -7.4% |
| 11/4/2024 | 0.2% | 2.8% | 1.6% |
| 8/5/2024 | 6.0% | 8.1% | 15.1% |
| 3/4/2024 | -28.2% | -36.7% | -27.6% |
| 11/6/2023 | 5.2% | 9.4% | 23.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 10 |
| # Negative | 10 | 9 | 8 |
| Median Positive | 5.6% | 8.1% | 12.3% |
| Median Negative | -4.2% | -3.9% | -8.2% |
| Max Positive | 17.8% | 28.7% | 63.5% |
| Max Negative | -28.2% | -36.7% | -27.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/04/2026 | 10-Q |
| 12/31/2025 | 03/02/2026 | 10-K |
| 09/30/2025 | 11/03/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/05/2025 | 10-Q |
| 12/31/2024 | 03/03/2025 | 10-K |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 08/05/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 03/04/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 03/06/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Verma, Rohit | CEO & President | Direct | Sell | 12122025 | 11.00 | 125,414 | 1,379,554 | 2,255,924 | Form |
| 2 | Stevenson, Tami E | SVP-GC & Corp Secy | Direct | Sell | 5282025 | 10.21 | 4,900 | 50,041 | 268,405 | Form |
| 3 | Stevenson, Tami E | SVP-GC & Corp Secy | Direct | Sell | 5142025 | 10.92 | 4,550 | 49,686 | 340,507 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Insurance Brokers Resources |
| Insurance Business America |
| A.M. Best |
| National Underwriter |
| Insurance News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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