• CorVel average net profit margin for 2023 was 9.83%, a 1.03% increase from 2022.
• CorVel average net profit margin for 2022 was 9.73%, a 1.22% increase from 2021.
• CorVel average net profit margin for 2021 was 9.85%, a 31.68% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.