Corvel (CRVL) FCF Margin (2010 - 2025)
Corvel (CRVL) posted FCF Margin of 14.93% for Q4 2025, up 134.24% on a QoQ basis from 6.37% in Q3 2025, and up 84.0% year-over-year from 8.11% in Q4 2024.
Analysis
Corvel (CRVL) FCF Margin (2010 - 2025) Analysis & Trends
Corvel has reported FCF Margin for 15 years, with the latest figure at 14.93% in Q4 2025.
- On a quarterly basis, FCF Margin rose 84.0% year-over-year to 14.93% in Q4 2025; TTM through Dec 2025 was 11.07%, a 160.0% increase from a year earlier, with the FY2025 full-year figure at 10.22%, up 142.0% from the prior year.
- FCF Margin was 14.93% for Q4 2025 at Corvel, up from 6.37% in the prior quarter.
- The five-year high for FCF Margin was 16.85% in Q2 2025, with the low at 2.51% in Q1 2024.
- Average FCF Margin over 5 years is 9.06%, with a median of 8.13% recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: FCF Margin tumbled 1463 bps in 2021, then jumped 828 bps in 2022.
- Over 5 years, FCF Margin stood at 5.09% in 2021, then surged by 163 bps to 13.37% in 2022, then slipped by 17 bps to 11.1% in 2023, then climbed by 27 bps to 14.09% in 2024, then rose by 6 bps to 14.93% in 2025.
- The last three FCF Margin figures came in at 14.93% (Q4 2025), 6.37% (Q3 2025), and 16.85% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.38 Bn | 333.97 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 123.65 Bn | 109.89 Bn | 47.23 Bn | 5.33% |
| 3 | Elevance Health | 88.36 Bn | 52.55 Bn | 13.45 Bn | 3.22% |
| 4 | Cigna | 74.65 Bn | 67.69 Bn | 14.97 Bn | -1.00% |
| 5 | Humana | 48.21 Bn | 24.40 Bn | 5.50 Bn | 4.49% |
| 6 | Centene | 33.12 Bn | 6.13 Bn | 14.55 Bn | 6.38% |
| 7 | Molina Healthcare | 10.45 Bn | 1.53 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 8.81 Bn | 262.35 Mn | 1.09 Bn | 42.63% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.81 Bn | 2.10 Bn | 180.96 Mn | -2.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.93% |
| Sep 30, 2025 | 6.37% |
| Jun 30, 2025 | 16.85% |
| Mar 31, 2025 | 6.16% |
| Dec 31, 2024 | 14.09% |
| Sep 30, 2024 | 5.54% |
| Jun 30, 2024 | 15.48% |
| Mar 31, 2024 | 2.51% |
| Dec 31, 2023 | 11.10% |
| Sep 30, 2023 | 5.51% |
| Jun 30, 2023 | 16.60% |
| Mar 31, 2023 | 3.03% |
| Dec 31, 2022 | 13.37% |
| Sep 30, 2022 | 2.66% |
| Jun 30, 2022 | 12.27% |
| Mar 31, 2022 | 3.18% |
| Dec 31, 2021 | 5.09% |
| Sep 30, 2021 | 9.88% |
| Jun 30, 2021 | 5.24% |
| Mar 31, 2021 | 11.45% |