Corvel (CRVL) Net Margin (2010 - 2025)
Corvel's Net Margin came in at 10.26% for fiscal Q3 2026 (quarter ended Dec 31, 2025), down 0.17 percentage points from 10.43% a year earlier and down 1.39 percentage points from the prior quarter.
Corvel (CRVL) Net Margin (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Corvel reported Net Margin of 11.23%, up 1.11 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it was 10.63%, up 1.04 percentage points from FY2024.
- Net Margin carries a five-year change of +2.63 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was 9.59% in FY2024 (+0.35 pp), 9.24% in FY2023 (-1.04 pp), 10.28% in FY2022 (+1.89 pp) and 8.39% in FY2021 (+0.39 pp).
- The fiscal Q3 2026 figure represents the lowest quarterly Net Margin since fiscal Q1 2025.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.76 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q1 2022 (a gain of 4.63 percentage points), and the weakest in fiscal Q2 2023 (a drop of 1.93 percentage points).
- Business Quant data shows CRVL's Net Margin at 11.64% (Q2 2026), 11.60% (Q1 2026) and 11.41% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 4.90% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 2.81% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 0.58% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 2.90% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 2.32% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 0.90% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 0.63% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 1.70% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 2.04% |
| 10 | Corvel | 3.80 Bn | 2.92 Bn | - | - |
Historic 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 | 11.46% |
| Dec 31, 2021 | 8.42% |
| Sep 30, 2021 | 10.19% |
| Jun 30, 2021 | 11.04% |
| Mar 31, 2021 | 10.18% |
Corvel Net 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=net-margin&ticker=CRVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();