CorVel Corp.

CRVL Financial Insurance Brokers

CorVel Corp.’s revenue for fiscal 2026 (year ended March 2026) was $958.5 million, up 7.03% from fiscal 2025.

Revenue
+11.5%
EPS
+24.9%
Free cash flow
+8.94%

Quarter to September 2026, against a year earlier

85.56 1.82 −2.08%
Market cap
$4.3B
P/E
35.9×
Fwd P/E
—
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

CorVel Corp. (CRVL) Operating margin

Alert me on Operating margin

CorVel Corp.'s operating margin over the twelve months to 30 September 2026 was 15.9%, up 1.0 percentage points from fiscal 2026 (14.9%). Over the past ten years it has ranged from 8.58% (fiscal 2018) to 14.9% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Insurance Brokers industry median of 15.8% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 14.9% 1.44
FY2025 13.5% 1.53
FY2024 12.0% 0.19
FY2023 11.8% (1.31)
FY2022 13.1% 2.37
FY2021 10.7% 0.46
FY2020 10.3% (0.08)
FY2019 10.3% 1.75
FY2018 8.58% (0.59)
FY2017 9.17% 0.02

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 17.2% 0.49
Jun 2026 16.7% 0.69
Mar 2026 16.0% 2.30
Dec 2025 13.7% (1.30)
43 more quarters

Against its own ten years

Low 8.58% High 14.9%
Ten-year median 10.5%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
NP Neptune Insurance Holdings Inc. compare 41.3%
GSHD Goosehead Insurance compare 23.3%
ARX Accelerant Holdings compare 21.2%
ERIE Erie Indemnity Company compare 17.9%
TWFG TWFG, Inc. compare 17.3%
CRVL CorVel Corp. 15.9%
RYAN Ryan Specialty Holdings Inc. compare 15.6%
LIFE Ethos Technologies Inc. compare −4.30%
BWIN Baldwin Insurance Group, Inc. compare −6.88%
Insurance Brokers industry median 15.8%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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