Corvel (CRVL) FCF Margin (2010 - 2025)
Corvel (CRVL) recorded quarterly FCF Margin of 19.58% in Q4 2025, up 87.51% quarter-over-quarter from 10.44% in Q3 2025, and up 549.0% on a YoY basis from 3.02% in Q4 2024.
Corvel (CRVL) FCF Margin (2010 - 2025) Analysis & Trends
Corvel's FCF Margin history runs 15 years deep, the most recent figure standing at 19.58% for Q4 2025.
- In Q4 2025, FCF Margin rose 549.0% year-over-year to 19.58%; the TTM figure through Dec 2025 stood at 17.81% (up 834.0% YoY), while the FY2025 annual figure was 14.22%, up 541.0% from the prior year.
- FCF Margin was 19.58% for Q4 2025 at Corvel, up from 10.44% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 23.3% in Q1 2021 to a low of 4.46% in Q1 2023.
- Historically, FCF Margin has averaged 11.92% across 5 years, with a median of 12.57% in 2022.
- The sharpest annual moves came in 2023 and 2025: FCF Margin tumbled 1428 bps in 2023, then soared 1910 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 16.3% in 2021, then climbed by 30 bps to 21.11% in 2022, then plunged by 47 bps to 11.1% in 2023, then advanced by 27 bps to 14.09% in 2024, then surged by 39 bps to 19.58% in 2025.
- The last three FCF Margin figures came in at 19.58% (Q4 2025), 10.44% (Q3 2025), and 19.82% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | -9.87% |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 7.21% |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 19.53% |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | -2.75% |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 12.68% |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 41.26% |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 19.58% |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | -21.65% |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | -3.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.58% |
| Sep 30, 2025 | 10.44% |
| Jun 30, 2025 | 19.82% |
| Mar 31, 2025 | 21.60% |
| 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 | -4.46% |
| Dec 31, 2022 | 21.11% |
| Sep 30, 2022 | 0.91% |
| Jun 30, 2022 | 14.04% |
| Mar 31, 2022 | 9.82% |
| Dec 31, 2021 | 16.30% |
| Sep 30, 2021 | 9.88% |
| Jun 30, 2021 | 5.24% |
| Mar 31, 2021 | 23.30% |