CorVel Corp (CRVL)
Net profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 95,165 | 88,200 | 81,524 | 78,024 | 76,252 | 74,967 | 74,721 | 69,479 | 66,365 | 67,833 | 64,842 | 66,258 | 66,410 | 61,582 | 59,104 | 54,897 | 46,356 | 43,294 | 41,266 | 42,272 |
| Revenue (ttm) | US$ in thousands | 895,589 | 871,308 | 845,638 | 816,780 | 795,311 | 773,521 | 750,604 | 732,508 | 718,562 | 704,478 | 689,600 | 669,917 | 646,230 | 620,381 | 597,379 | 575,664 | 552,644 | 554,158 | 560,744 | 571,686 |
| Net profit margin | 10.63% | 10.12% | 9.64% | 9.55% | 9.59% | 9.69% | 9.95% | 9.49% | 9.24% | 9.63% | 9.40% | 9.89% | 10.28% | 9.93% | 9.89% | 9.54% | 8.39% | 7.81% | 7.36% | 7.39% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $95,165K ÷ $895,589K
= 10.63%
CorVel Corp's net profit margin has shown a generally increasing trend over the past few years, indicating the company's ability to efficiently convert its revenue into profit. The net profit margin increased from 7.39% in June 2020 to 10.63% in March 2025. This improvement demonstrates effective cost management, revenue growth, or a combination of both.
While there were fluctuations in the net profit margin over the periods analyzed, the overall trend is positive. The company experienced a peak net profit margin of 10.63% in March 2025, suggesting a strong performance in generating profits relative to its revenue during that period.
It is important to continue monitoring the net profit margin to ensure that the company maintains or improves its profitability levels in the future. A consistently healthy net profit margin indicates a company's ability to sustainably generate profits over time.