Corvel (CRVL) Operating Margin (2010 - 2025)

Corvel has reported Operating Margin for 16 years, with the latest figure at 13.68% in Q4 2025.

• On a quarterly basis, Operating Margin rose 17.0% year-over-year to 13.68% in Q4 2025; TTM through Dec 2025 was 14.52%, a 189.0% increase from a year earlier, with the FY2025 full-year figure at 13.49%, up 153.0% from the prior year.
• Operating Margin was 13.68% for Q4 2025 at Corvel, down from 14.98% in the prior quarter.
• The five-year high for Operating Margin was 15.32% in Q1 2022, with the low at 10.45% in Q3 2022.
• Average Operating Margin over 5 years is 12.91%, with a median of 13.01% recorded in 2024.
• The sharpest annual moves came in 2021 and 2023: Operating Margin soared 505 bps in 2021, then plunged 314 bps in 2023.
• Over 5 years, Operating Margin stood at 10.75% in 2021, then grew by 15 bps to 12.39% in 2022, then declined by 11 bps to 11.05% in 2023, then grew by 22 bps to 13.51% in 2024, then grew by 1 bps to 13.68% in 2025.
• The last three Operating Margin figures came in at 13.68% (Q4 2025), 14.98% (Q3 2025), and 15.03% (Q2 2025), per Business Quant data.