Corvel Profit margin
What is the Profit margin of Corvel?
The Profit margin of Corvel Corp. is 9.59%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on NASDAQ compared to Corvel
What does Corvel do?
together, let's do more. corvel is a leader of risk and healthcare management solutions to employers, third party administrators, insurance companies and government agencies. we are publicly traded (nasdaq:crvl) and annual revenues exceeded $493 million in fy2015. our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. corvel has approximately 3,500 associates who serve more than 2,000 customers through a national branch office network covering all 50 states.
Companies with profit margin similar to Corvel
- New York Times Co has Profit margin of 9.58%
- ViacomCBS Inc has Profit margin of 9.58%
- Ester Industries has Profit margin of 9.58%
- Artini has Profit margin of 9.58%
- Grainger Plc has Profit margin of 9.58%
- Acuity Brands has Profit margin of 9.59%
- Corvel has Profit margin of 9.59%
- Balrampur Chini Mills has Profit margin of 9.59%
- Narmada Gelatines has Profit margin of 9.59%
- MP Materials has Profit margin of 9.59%
- Imperial Oil has Profit margin of 9.59%
- Grand Brilliance has Profit margin of 9.60%
- Tasty Bite Eatables has Profit margin of 9.60%