CorVel Corp (CRVL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 120,825 | 110,102 | 101,664 | 97,708 | 95,101 | 95,097 | 88,733 | 76,238 | 65,689 | 63,340 | 65,024 | 72,808 | 78,497 | 77,606 | 73,880 | 68,820 | 59,176 | 54,649 | 52,946 | 54,253 |
| 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 |
| Operating profit margin | 13.49% | 12.64% | 12.02% | 11.96% | 11.96% | 12.29% | 11.82% | 10.41% | 9.14% | 8.99% | 9.43% | 10.87% | 12.15% | 12.51% | 12.37% | 11.95% | 10.71% | 9.86% | 9.44% | 9.49% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $120,825K ÷ $895,589K
= 13.49%
The operating profit margin of CorVel Corp has shown fluctuations over the period from June 30, 2020, to March 31, 2025.
The trend indicates that the operating profit margin improved from June 30, 2020, to March 31, 2021, with a steady increase from 9.49% to 10.71%. Subsequently, there was a notable increase in the operating profit margin to 12.51% by December 31, 2021. However, from that point onwards, there was some fluctuation in the operating profit margin.
The operating profit margin reached its peak at 13.49% on March 31, 2025. Despite some fluctuations, the operating profit margin generally trended upwards over the period analyzed, showing an improvement in the company's operational efficiency and profitability.
It is important to assess the underlying factors driving these changes in the operating profit margin to understand the company's performance and make informed decisions regarding investment or financial strategies.