CorVel Gross Margin 2010-2024 | CRVL
- CorVel average gross margin for 2023 was 22.08%, a 3.58% decline from 2022.
- CorVel average gross margin for 2022 was 22.9%, a 1.29% decline from 2021.
- CorVel average gross margin for 2021 was 23.2%, a 9.28% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.