Corvel (CRVL) Gross Margin (2010 - 2025)

Corvel's (CRVL) quarterly Gross Margin came in at 23.31% in Q4 2025, up 12.0% year-on-year from 20.81% in Q4 2024, and down 4.0% quarter-over-quarter from 24.28% in Q3 2025.

Corvel (CRVL) Gross Margin (2010 - 2025) Analysis & Trends

Corvel's Gross Margin history runs 16 years deep, the most recent figure standing at 23.31% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 12.0% year-over-year to 23.31% in Q4 2025; TTM through Dec 2025 was 24.22%, a 182.0% increase from a year earlier, with the FY2025 full-year figure at 23.42%, up 183.0% from the prior year.
  • Gross Margin declined to 23.31% in Q4 2025 per CRVL's latest filing, from 24.28% in the prior quarter.
  • Across five years, Gross Margin topped out at 25.13% in Q1 2025 and bottomed at 20.34% in Q3 2022.
  • The 5-year median for Gross Margin is 22.69% (2024), against an average of 22.93%.
  • Across the five-year window, Gross Margin sank 290 bps in 2022 and soared 419 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 21.39% in 2021, then climbed by 5 bps to 22.49% in 2022, then fell by 7 bps to 20.84% in 2023, then gained by 11 bps to 23.19% in 2024, then climbed by 1 bps to 23.31% in 2025.
  • Per Business Quant, the three latest CRVL Gross Margin figures stand at 23.31% (Q4 2025), 24.28% (Q3 2025), and 24.18% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 81.58%
2 Aon 75.99 Bn 74.60 Bn - -
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - -
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 83.71%
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 84.80%
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 69.96%
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 36.98%
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 23.31%
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -
10 Goosehead Insurance 1.31 Bn 1.20 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 23.31%
Sep 30, 2025 24.28%
Jun 30, 2025 24.18%
Mar 31, 2025 25.13%
Dec 31, 2024 23.19%
Sep 30, 2024 22.62%
Jun 30, 2024 22.74%
Mar 31, 2024 20.94%
Dec 31, 2023 20.84%
Sep 30, 2023 22.63%
Jun 30, 2023 22.01%
Mar 31, 2023 22.62%
Dec 31, 2022 22.49%
Sep 30, 2022 20.34%
Jun 30, 2022 22.61%
Mar 31, 2022 25.12%
Dec 31, 2021 21.39%
Sep 30, 2021 23.24%
Jun 30, 2021 24.38%
Mar 31, 2021 24.55%