Corvel (CRVL) Gross Margin (2010 - 2025)
Corvel's 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 has reported Gross Margin for 16 years, with the latest figure at 23.31% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 12.0% year-over-year to 23.31%; the trailing twelve-month figure through Dec 2025 stood at 24.22% (up 182.0% YoY), and the FY2025 full-year result 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.
- Average Gross Margin over 5 years is 22.93%, with a median of 22.69% recorded in 2024.
- Year-over-year, Gross Margin sank 290 bps in 2022 and soared 419 bps in 2025.
- Tracing CRVL's Gross Margin over 5 years: stood at 21.39% in 2021, then grew by 5 bps to 22.49% in 2022, then retreated by 7 bps to 20.84% in 2023, then advanced by 11 bps to 23.19% in 2024, then grew by 1 bps to 23.31% in 2025.
- The last three Gross Margin figures came in at 23.31% (Q4 2025), 24.28% (Q3 2025), and 24.18% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 83.71% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 84.80% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 36.98% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 23.31% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | - |
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% |
| Dec 31, 2020 | 21.83% |
| Sep 30, 2020 | 22.42% |
| Jun 30, 2020 | 20.45% |
| Mar 31, 2020 | 20.87% |
| Dec 31, 2019 | 19.75% |
| Sep 30, 2019 | 22.35% |
| Jun 30, 2019 | 22.07% |
| Mar 31, 2019 | 21.59% |
| Dec 31, 2018 | 20.09% |
| Sep 30, 2018 | 21.25% |
| Jun 30, 2018 | 20.85% |
| Mar 31, 2018 | 18.91% |
| Dec 31, 2017 | 18.17% |
| Sep 30, 2017 | 18.88% |
| Jun 30, 2017 | 20.92% |
| Mar 31, 2017 | 20.75% |
| Dec 31, 2016 | 19.92% |
| Sep 30, 2016 | 20.21% |
| Jun 30, 2016 | 19.91% |
| Mar 31, 2016 | 20.61% |
| Dec 31, 2015 | 20.37% |
| Sep 30, 2015 | 21.44% |
| Jun 30, 2015 | 20.63% |
| Mar 31, 2015 | 18.56% |
| Dec 31, 2014 | 19.72% |
| Sep 30, 2014 | 20.59% |
| Jun 30, 2014 | 22.27% |
| Mar 31, 2014 | 22.07% |
| Dec 31, 2013 | 22.88% |
| Sep 30, 2013 | 22.89% |
| Jun 30, 2013 | 22.79% |
| Mar 31, 2013 | 21.36% |
| Dec 31, 2012 | 20.26% |
| Sep 30, 2012 | 21.65% |
| Jun 30, 2012 | 22.16% |
| Mar 31, 2012 | 20.55% |
| Dec 31, 2011 | 20.94% |
| Sep 30, 2011 | 24.50% |
| Jun 30, 2011 | 24.97% |
| Mar 31, 2011 | 25.58% |
| Dec 31, 2010 | 25.00% |
| Sep 30, 2010 | 24.88% |
| Jun 30, 2010 | 26.01% |