Corvel (CRVL) Net Margin (2010 - 2025)
Corvel's 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 has reported Net Margin for 16 years, with the latest figure at 10.26% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin fell 17.0% year-over-year to 10.26%; the trailing twelve-month figure through Dec 2025 stood at 11.23% (up 111.0% YoY), and the FY2025 full-year result 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 12.8% in Q1 2022, with the low at 4.42% in Q1 2021.
- Average Net Margin over 5 years is 9.91%, with a median of 10.19% recorded in 2021.
- Year-over-year, Net Margin slumped 357 bps in 2021 and surged 838 bps in 2022.
- Tracing CRVL's Net Margin over 5 years: 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 24.61% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 17.45% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 12.95% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 22.46% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | -4.01% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 10.26% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -111.39% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 8.69% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 17.96% |
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 | 9.80% |
| Dec 31, 2022 | 9.39% |
| Sep 30, 2022 | 8.26% |
| Jun 30, 2022 | 9.47% |
| Mar 31, 2022 | 12.80% |
| Dec 31, 2021 | 8.42% |
| Sep 30, 2021 | 10.19% |
| Jun 30, 2021 | 11.04% |
| Mar 31, 2021 | 4.42% |
| Dec 31, 2020 | 8.04% |
| Sep 30, 2020 | 8.72% |
| Jun 30, 2020 | 6.41% |
| Mar 31, 2020 | 7.99% |
| Dec 31, 2019 | 6.31% |
| Sep 30, 2019 | 8.76% |
| Jun 30, 2019 | 8.93% |
| Mar 31, 2019 | 7.84% |
| Dec 31, 2018 | 7.05% |
| Sep 30, 2018 | 8.63% |
| Jun 30, 2018 | 7.83% |
| Mar 31, 2018 | 5.63% |
| Dec 31, 2017 | 6.80% |
| Sep 30, 2017 | 6.15% |
| Jun 30, 2017 | 6.38% |
| Mar 31, 2017 | 5.98% |
| Dec 31, 2016 | 5.49% |
| Sep 30, 2016 | 5.42% |
| Jun 30, 2016 | 5.83% |
| Mar 31, 2016 | 5.20% |
| Dec 31, 2015 | 5.40% |
| Sep 30, 2015 | 6.64% |
| Jun 30, 2015 | 5.44% |
| Mar 31, 2015 | 4.56% |
| Dec 31, 2014 | 5.58% |
| Sep 30, 2014 | 6.37% |
| Jun 30, 2014 | 6.67% |
| Mar 31, 2014 | 6.93% |
| Dec 31, 2013 | 7.25% |
| Sep 30, 2013 | 7.27% |
| Jun 30, 2013 | 7.29% |
| Mar 31, 2013 | 8.80% |
| Dec 31, 2012 | 5.52% |
| Sep 30, 2012 | 6.29% |
| Jun 30, 2012 | 6.31% |
| Mar 31, 2012 | 13.53% |
| Dec 31, 2011 | 5.33% |
| Sep 30, 2011 | 7.54% |
| Jun 30, 2011 | 8.01% |
| Mar 31, 2011 | 2.63% |
| Dec 31, 2010 | 7.06% |
| Sep 30, 2010 | 8.07% |
| Jun 30, 2010 | 8.48% |