Corvel (CRVL) Net Margin (2010 - 2025)
Corvel (CRVL) posted Net Margin of 10.26% for Q4 2025, down 11.9% on a QoQ basis from 11.64% in Q3 2025, and down 17.0% year-over-year from 12.36% in Q4 2024.
Analysis
Corvel (CRVL) Net Margin (2010 - 2025) Analysis & Trends
Corvel has reported Net Margin for 16 years, with the latest figure at 10.26% in 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 10.68%, a 94.0% increase from a year earlier, with the FY2025 full-year figure at 10.05%, up 88.0% from the prior year.
- Net Margin was 10.26% for Q4 2025 at Corvel, down from 11.64% in the prior quarter.
- The five-year high for Net Margin was 11.64% in Q3 2025, with the low at 4.42% in Q1 2021.
- Average Net Margin over 5 years is 9.6%, with a median of 10.18% recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Net Margin sank 357 bps in 2021, then jumped 704 bps in 2022.
- Over 5 years, Net Margin stood at 8.42% in 2021, then gained by 11 bps to 9.39% in 2022, then dropped by 10 bps to 8.45% in 2023, then grew by 23 bps to 10.43% in 2024, then decreased by 2 bps to 10.26% in 2025.
- The last three Net Margin figures came in at 10.26% (Q4 2025), 11.64% (Q3 2025), and 11.6% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 349.71 Bn | 318.24 Bn | 36.67 Bn | 5.06% |
| 2 | Cvs Health | 121.89 Bn | 107.93 Bn | 47.23 Bn | 2.82% |
| 3 | Elevance Health | 90.41 Bn | 54.46 Bn | 13.45 Bn | 2.88% |
| 4 | Cigna | 73.73 Bn | 66.47 Bn | 14.97 Bn | 2.62% |
| 5 | Humana | 48.06 Bn | 24.19 Bn | 5.50 Bn | 1.75% |
| 6 | Centene | 32.28 Bn | 5.22 Bn | 14.55 Bn | 2.03% |
| 7 | Molina Healthcare | 10.24 Bn | 1.32 Bn | 1.43 Bn | 0.55% |
| 8 | Oscar Health | 9.83 Bn | 1.28 Bn | 1.09 Bn | 7.41% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.65 Bn | 1.95 Bn | 180.96 Mn | 2.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 10.26% |
| Sep 30, 2025 | 11.64% |
| Jun 30, 2025 | 11.60% |
| Mar 31, 2025 | 9.18% |
| Dec 31, 2024 | 10.43% |
| Sep 30, 2024 | 10.43% |
| Jun 30, 2024 | 10.19% |
| Mar 31, 2024 | 7.78% |
| Dec 31, 2023 | 8.45% |
| Sep 30, 2023 | 10.18% |
| Jun 30, 2023 | 10.41% |
| Mar 31, 2023 | 8.77% |
| Dec 31, 2022 | 9.39% |
| Sep 30, 2022 | 8.26% |
| Jun 30, 2022 | 9.47% |
| Mar 31, 2022 | 11.46% |
| Dec 31, 2021 | 8.42% |
| Sep 30, 2021 | 10.19% |
| Jun 30, 2021 | 11.04% |
| Mar 31, 2021 | 4.42% |