Corvel (CRVL) Gross Margin (2010 - 2025)
Corvel (CRVL) posted Gross Margin of 23.31% for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 0.12 percentage points from 23.19% a year earlier but down 0.97 percentage points from the prior quarter.
Corvel (CRVL) Gross Margin (2010 - 2025) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Gross Margin at Corvel was 24.22%, up 1.82 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was 23.42%, up 1.83 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +2.16 percentage points (FY2020 to FY2025).
- In prior fiscal years, Corvel's Gross Margin was 21.59% in FY2024 (-0.44 pp), 22.02% in FY2023 (-1.51 pp), 23.54% in FY2022 (+1.17 pp) and 22.37% in FY2021 (+1.11 pp).
- Quarterly Gross Margin has run from a low of 20.34% in fiscal Q2 2023 to a high of 25.13% in fiscal Q4 2025 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last five quarters, with an average year-over-year change of +1.10 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q4 2025, with a gain of 4.19 percentage points; the weakest was fiscal Q2 2023, with a drop of 2.90 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 24.28% (Q2 2026), 24.18% (Q1 2026) and 25.13% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 27.16% |
| 10 | Corvel | 3.80 Bn | 2.92 Bn | - | - |
Historic 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% |
Corvel Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CRVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CRVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();