Corvel (CRVL) Gross Margin (2010 - 2025)
Corvel (CRVL) posted quarterly Gross Margin of 23.31% for Q4 2025, up 12.0% year-over-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.
- In Q4 2025, Gross Margin rose 12.0% year-over-year to 23.31%; the TTM figure through Dec 2025 stood at 24.22% (up 182.0% YoY), while the FY2025 annual figure was 23.42%, up 183.0% from the prior year.
- Gross Margin for Q4 2025 stood at 23.31%, down from 24.28% in the prior quarter.
- The five-year high for Gross Margin was 25.13% in Q1 2025, with the low at 20.34% in Q3 2022.
- The 5-year median for Gross Margin is 22.69% (2024), against an average of 22.93%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 290 bps in 2022, then soared 419 bps in 2025.
- Corvel's Gross Margin stood at 21.39% in 2021, then advanced by 5 bps to 22.49% in 2022, then declined by 7 bps to 20.84% in 2023, then rose by 11 bps to 23.19% in 2024, then advanced by 1 bps to 23.31% in 2025.
- Business Quant data shows CRVL's Gross Margin at 23.31% in Q4 2025, 24.28% in Q3 2025, and 24.18% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 81.58% |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | - |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | - |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 84.59% |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 83.83% |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 79.91% |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |