Corvel (CRVL) Net Margin (2010 - 2025)
Corvel (CRVL) posted quarterly Net Margin of 10.26% for Q4 2025, down 17.0% year-over-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.
- In Q4 2025, Net Margin fell 17.0% year-over-year to 10.26%; the TTM figure through Dec 2025 stood at 11.23% (up 111.0% YoY), while the FY2025 annual figure was 10.63%, up 104.0% from the prior year.
- Net Margin for Q4 2025 stood at 10.26%, down from 11.64% in the prior quarter.
- The five-year high for Net Margin was 11.67% in Q1 2022, with the low at 8.26% in Q3 2022.
- The 5-year median for Net Margin is 10.23% (2024), against an average of 10.17%.
- The sharpest annual moves came in 2021 and 2022: Net Margin jumped 463 bps in 2021, then plunged 193 bps in 2022.
- Corvel's Net Margin stood at 8.42% in 2021, then increased by 11 bps to 9.39% in 2022, then decreased by 10 bps to 8.45% in 2023, then advanced by 23 bps to 10.43% in 2024, then fell by 2 bps to 10.26% in 2025.
- Business Quant data shows CRVL's Net Margin at 10.26% in Q4 2025, 11.64% in Q3 2025, and 11.6% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | 17.44% |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 13.31% |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | 8.09% |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 9.53% |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 17.24% |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | 16.54% |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 28.27% |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 22.05% |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
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% |