CRVL vs. AJG
CRVL (CorVel Corporation) and AJG (Arthur J. Gallagher & Co.) are both stocks. Both operate in the Insurance Brokers industry within the Financial Services sector. Over the past 10 years, CRVL returned 15.83%/yr vs 19.05%/yr for AJG. At a 0.24 correlation, their price movements are largely independent.
Performance
CRVL vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, CRVL achieves a -8.48% return, which is significantly higher than AJG's -14.15% return. Over the past 10 years, CRVL has underperformed AJG with an annualized return of 15.83%, while AJG has yielded a comparatively higher 19.05% annualized return.
CRVL
- 1D
- 3.75%
- 1M
- -1.29%
- YTD
- -8.48%
- 6M
- -10.09%
- 1Y
- -40.86%
- 3Y*
- -2.47%
- 5Y*
- 7.16%
- 10Y*
- 15.83%
AJG
- 1D
- 2.31%
- 1M
- 8.18%
- YTD
- -14.15%
- 6M
- -14.80%
- 1Y
- -31.52%
- 3Y*
- 2.25%
- 5Y*
- 10.39%
- 10Y*
- 19.05%
CRVL vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRVL CorVel Corporation | -8.48% | -39.18% | 35.02% | 70.10% | -30.13% | 96.23% | 21.34% | 41.54% | 16.67% | 44.54% |
AJG Arthur J. Gallagher & Co. | -14.15% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
Correlation
The correlation between CRVL and AJG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 1991 | 0.24 |
The correlation between CRVL and AJG shifts across timeframes, from 0.24 (all time) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CRVL:
$2.14
AJG:
$5.74
CRVL:
28.97
AJG:
38.48
CRVL:
1.96
AJG:
3.99
CRVL:
3.34
AJG:
4.12
CRVL:
$958.53M
AJG:
$13.94B
CRVL:
$232.86M
AJG:
$7.63B
CRVL:
$166.41M
AJG:
$3.66B
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Return for Risk
CRVL vs. AJG — Risk / Return Rank
CRVL
AJG
CRVL vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CorVel Corporation (CRVL) and Arthur J. Gallagher & Co. (AJG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRVL | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.81 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.80 | +0.07 |
| Martin ratioReturn relative to average drawdown | -1.15 | -1.35 | +0.20 |
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Drawdowns
CRVL vs. AJG - Drawdown Comparison
The maximum CRVL drawdown since its inception was -67.12%, which is greater than AJG's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for CRVL and AJG.
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Drawdown Indicators
| CRVL | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.12% | -57.49% | -9.63% |
Max Drawdown (1Y)Largest decline over 1 year | -55.91% | -39.55% | -16.36% |
Max Drawdown (3Y)Largest decline over 3 years | -64.19% | -44.40% | -19.79% |
Max Drawdown (5Y)Largest decline over 5 years | -64.19% | -44.40% | -19.79% |
Max Drawdown (10Y)Largest decline over 10 years | -64.19% | -44.40% | -19.79% |
Current DrawdownCurrent decline from peak | -51.79% | -35.86% | -15.93% |
Average DrawdownAverage peak-to-trough decline | -20.40% | -12.85% | -7.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.71% | 24.50% | +11.21% |
Volatility
CRVL vs. AJG - Volatility Comparison
CorVel Corporation (CRVL) has a higher volatility of 12.65% compared to Arthur J. Gallagher & Co. (AJG) at 8.26%. This indicates that CRVL's price experiences larger fluctuations and is considered to be riskier than AJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRVL | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.65% | 8.26% | +4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 39.40% | 22.50% | +16.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.58% | 28.10% | +13.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.43% | 23.06% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.40% | 23.08% | +11.32% |
Dividends
CRVL vs. AJG - Dividend Comparison
CRVL has not paid dividends to shareholders, while AJG's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.22% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
CRVL CorVel Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CRVL vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between CorVel Corporation and Arthur J. Gallagher & Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CRVL vs. AJG - Profitability Comparison
CRVL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported a gross profit of 63.01M and revenue of 248.55M. Therefore, the gross margin over that period was 25.4%.
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a gross profit of 1.42B and revenue of 3.63B. Therefore, the gross margin over that period was 39.1%.
CRVL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported an operating income of 39.72M and revenue of 248.55M, resulting in an operating margin of 16.0%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported an operating income of 341.00M and revenue of 3.63B, resulting in an operating margin of 9.4%.
CRVL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CorVel Corporation reported a net income of 31.03M and revenue of 248.55M, resulting in a net margin of 12.5%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a net income of 151.00M and revenue of 3.63B, resulting in a net margin of 4.2%.
Frequently Asked Questions
CRVL and AJG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRVL has higher volatility (12.65%) compared to AJG (8.26%). In terms of maximum drawdown, CRVL dropped -67.12% vs AJG's -57.49%.
CRVL currently has the higher Sharpe Ratio (-0.99 vs -1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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