Markel Corporation

Markel Corporation

MKLยทNYSE

$1.78K

-0.55%
Financial ServicesInsurance - Property & Casualty

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. it also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.

At a Glance

Live Snapshot
Market Cap$22.24B
EPS169.7400
P/E Ratio10.47
Earnings Date07/29/2026
3Y+40.0%
5Y+72.0%
10Y+196.0%
3Y-1074.0%
5Y+158.0%
10Y+362.0%
3Y+2.0%
5Y+59.0%
10Y+416.0%
Markel Corporation

Markel Corporation Profit Bridge

MKL ยท NYSE
Revenue16.59B
Cost of Goods Sold (5.08B)
Gross Profit11.51B
Operating Expenses (8.78B)
Operating Income2.73B
Interest Expense (205.91M)
Other Income/Expense0.00
Pretax Income2.73B
Income Tax (580.30M)
Net Income2.11B
Net Income
2.11B

Profitability Analysis

Gross Margin

69.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

16.5%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Markel Corporation Income Statement

MKL โ€ข NYSE

Markel Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
16.6B
16.8B
15.7B
11.8B
12.9B
9.6B
9.5B
6.9B
6.1B
5.6B
5.4B
5.1B
4.3B
3B
2.6B
2.2B
2.1B
2B
2.5B
2.5B
GROSS PROFIT
(5.1B)
(7.5B)
(7.6B)
(8.4B)
(7B)
(6.3B)
(4.7B)
(4.3B)
(4.2B)
(3.2B)
(2.8B)
(2.9B)
(2.3B)
(1.6B)
(1.7B)
(1.4B)
(992.9M)
(1.3B)
(1.9B)
(1.9B)
11.5B
9.3B
8.1B
3.4B
5.9B
3.4B
4.9B
2.6B
1.8B
2.4B
2.6B
2.2B
2B
1.4B
906.8M
853.3M
1.1B
707.6M
630.4M
618.6M
OPERATING INCOME
(8.8B)
(5.6B)
(5.4B)
(3.6B)
(2.8B)
(2.4B)
(2.6B)
(2.7B)
(1.8B)
(1.7B)
(1.9B)
(1.8B)
(1.6B)
(1.1B)
(716.6M)
(557.8M)
(877.8M)
(867.4M)
(58.4M)
(65.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(675.7M)
(474.9M)
(458.6M)
(416.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
2.7B
3.6B
2.7B
-151.6M
3.1B
1B
2.3B
-7.9M
87.3M
629.9M
742.1M
440.4M
361.7M
312.1M
190.2M
295.5M
198.6M
-159.8M
572M
553.4M
PRE-TAX INCOME
(205.9M)
(204.3M)
(185.1M)
(196.1M)
(183.6M)
(177.6M)
(171.7M)
(154.2M)
(132.5M)
(129.9M)
(118.3M)
(117.4M)
(114M)
(92.8M)
(86.3M)
(73.7M)
(54M)
(48.2M)
(56.3M)
(65.2M)
-205.9M
734.2M
566.7M
268M
200.8M
214.5M
286M
297.8M
-132.5M
-129.9M
-118.3M
-117.4M
-114M
-92.8M
-86.3M
-73.7M
-54M
-48.2M
-56.3M
-65.2M
(8.8B)
(5.6B)
(5.4B)
(3.6B)
(2.8B)
(2.4B)
(1.9B)
(2.2B)
(1.3B)
(1.3B)
(1.9B)
(1.8B)
(1.6B)
(1.1B)
(716.6M)
(557.8M)
(877.8M)
(867.4M)
(58.4M)
(65.2M)
2.7B
3.6B
2.7B
-151.6M
3.1B
1B
2.3B
-7.9M
87.3M
629.9M
742.1M
440.4M
361.7M
312.1M
190.2M
295.5M
198.6M
-159.8M
572M
553.4M
NET INCOME
(580.3M)
(790.3M)
(552.6M)
-48.2M
(684M)
(168.7M)
(486.3M)
(122.5M)
-313.5M
(169.5M)
(153M)
(116.7M)
(77.9M)
(53.8M)
(41.7M)
(27.8M)
-3.8M
-101.4M
(166.3M)
(160.9M)
2.1B
2.7B
2B
-216.3M
2.4B
816M
1.8B
-128.2M
395.3M
455.7M
582.8M
321.2M
281M
253.4M
142M
266.8M
201.6M
-58.8M
405.7M
392.5M

SEC Filings

MKL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 22, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 20, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 28, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
April 02, 2026
2026
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 21, 2026
2026
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
Showing 1 to 10 of 330 filings