Corvel (CRVL) Net Margin (2010 - 2025)
Corvel's (CRVL) quarterly Net Margin came in at 10.26% in Q4 2025, down 17.0% year-on-year from 12.36% in Q4 2024, and down 11.9% quarter-over-quarter from 11.64% in Q3 2025.
Corvel (CRVL) Net Margin (2010 - 2025) Analysis & Trends
Corvel's Net Margin history runs 16 years deep, the most recent figure standing at 10.26% for Q4 2025.
- On a quarterly basis, Net Margin fell 17.0% year-over-year to 10.26% in Q4 2025; TTM through Dec 2025 was 11.23%, a 111.0% increase from a year earlier, with the FY2025 full-year figure at 10.63%, up 104.0% from the prior year.
- Net Margin fell to 10.26% in Q4 2025 per CRVL's latest filing, from 11.64% in the prior quarter.
- Across five years, Net Margin topped out at 11.67% in Q1 2022 and bottomed at 8.26% in Q3 2022.
- The 5-year median for Net Margin is 10.23% (2024), against an average of 10.17%.
- Across the five-year window, Net Margin jumped 463 bps in 2021 and sank 193 bps in 2022, its largest moves.
- Year by year, Net Margin stood at 8.42% in 2021, then rose by 11 bps to 9.39% in 2022, then slipped by 10 bps to 8.45% in 2023, then climbed by 23 bps to 10.43% in 2024, then retreated by 2 bps to 10.26% in 2025.
- Per Business Quant, the three latest CRVL Net Margin figures stand at 10.26% (Q4 2025), 11.64% (Q3 2025), and 11.6% (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 120,003.58 Bn | 120,003.57 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 88.45 Bn | 76.25 Bn | 6.04 Bn | 17.44% |
| 3 | Aon | 78.90 Bn | 77.49 Bn | - | 24.61% |
| 4 | Arthur J. Gallagher | 65.43 Bn | 64.02 Bn | - | 17.30% |
| 5 | Willis Towers Watson | 28.80 Bn | 26.94 Bn | 1.98 Bn | 12.95% |
| 6 | Brown & Brown | 23.44 Bn | 22.43 Bn | 1.61 Bn | 22.46% |
| 7 | Neptune Insurance Holdings | 4.20 Bn | 4.19 Bn | 26.44 Mn | 19.44% |
| 8 | Accelerant Holdings | 3.29 Bn | 1.75 Bn | 48.00 Mn | -4.01% |
| 9 | Corvel | 3.13 Bn | 2.79 Bn | 54.92 Mn | 10.26% |
| 10 | Baldwin Insurance | 2.53 Bn | 2.38 Bn | - | -56.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.26% |
| Sep 30, 2025 | 11.64% |
| Jun 30, 2025 | 11.60% |
| Mar 31, 2025 | 11.41% |
| Dec 31, 2024 | 10.43% |
| Sep 30, 2024 | 10.43% |
| Jun 30, 2024 | 10.19% |
| Mar 31, 2024 | 9.39% |
| Dec 31, 2023 | 8.45% |
| Sep 30, 2023 | 10.18% |
| Jun 30, 2023 | 10.41% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 9.39% |
| Sep 30, 2022 | 8.26% |
| Jun 30, 2022 | 9.47% |
| Mar 31, 2022 | 11.67% |
| Dec 31, 2021 | 8.42% |
| Sep 30, 2021 | 10.19% |
| Jun 30, 2021 | 11.04% |
| Mar 31, 2021 | 10.45% |