Corvel (CRVL) Operating Leases (2019 - 2025)

Corvel (CRVL) recorded quarterly Operating Leases of $18.6 million in Q4 2025, little changed quarter-over-quarter from $18.6 million in Q3 2025, and down 12.14% on a YoY basis from $21.2 million in Q4 2024.

Corvel (CRVL) Operating Leases (2019 - 2025) Analysis & Trends

Corvel's Operating Leases history runs 7 years deep, the most recent figure standing at $18.6 million for Q4 2025.

  • In Q4 2025, Operating Leases fell 12.14% year-over-year to $18.6 million; the TTM figure through Dec 2025 stood at $18.6 million (down 12.14% YoY), while the FY2025 annual figure was $20.0 million, down 11.45% from the prior year.
  • Operating Leases was $18.6 million for Q4 2025 at Corvel, roughly flat from $18.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $41.9 million in Q1 2021 to a low of $18.6 million in Q3 2025.
  • Historically, Operating Leases has averaged $26.4 million across 5 years, with a median of $23.5 million in 2023.
  • The sharpest annual moves came in 2021 and 2023: Operating Leases tumbled 53.61% in 2021, then retreated 1.52% in 2023.
  • A 5-year view of Operating Leases shows it stood at $38.2 million in 2021, then tumbled by 32.61% to $25.8 million in 2022, then fell by 10.46% to $23.1 million in 2023, then declined by 8.19% to $21.2 million in 2024, then fell by 12.14% to $18.6 million in 2025.
  • The last three Operating Leases figures came in at $18.6 million (Q4 2025), $18.6 million (Q3 2025), and $19.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn
2 Aon 69.98 Bn 68.59 Bn -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 18.62 Mn
Sep 30, 2025 18.58 Mn
Jun 30, 2025 19.70 Mn
Mar 31, 2025 19.95 Mn
Dec 31, 2024 21.19 Mn
Sep 30, 2024 22.92 Mn
Jun 30, 2024 21.71 Mn
Mar 31, 2024 22.53 Mn
Dec 31, 2023 23.08 Mn
Sep 30, 2023 25.05 Mn
Jun 30, 2023 22.86 Mn
Mar 31, 2023 23.86 Mn
Dec 31, 2022 25.77 Mn
Sep 30, 2022 25.44 Mn
Jun 30, 2022 27.30 Mn
Mar 31, 2022 29.79 Mn
Dec 31, 2021 38.24 Mn
Sep 30, 2021 38.46 Mn
Jun 30, 2021 40.69 Mn
Mar 31, 2021 41.90 Mn