Markel Corporation

Financial Services · Insurance - Property & Casualty

1,735.20$ -0.4% vs. previous close Closing price · As of: Sep 24, 2026

Statements

Income Statement

Markel Corporation (MKL) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 5,196 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement MKL
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	1,431	1,429	1,412	1,482	1,508	1,662	1,553	2,073	2,241	1,084	2,449	2,463	2,087	2,526	434	3,105	2,844	3,261	2,900	3,501	2,687	3,758	2,606	1,792	3,066	4,211	3,610	4,128	3,414	4,561	4,518	3,711	4,500	3,841	3,326	4,411	4,387	4,220	3,551	5,196	17,354
Cost of Revenue	585	508	612	523	1,075	691	748	729	869	870	862	849	905	950	1,294	998	1,385	1,351	1,407	1,363	1,518	1,587	592	605	584	2,485	1,654	1,779	2,011	2,189	1,825	1,844	1,900	1,242	1,822	1,963	1,976	1,283	1,167	2,123	6,549
Gross Profit	846	921	800	959	432	972	806	1,344	1,372	214	1,586	1,614	1,181	1,576	-860	2,107	1,458	1,911	2,921	3,479	1,169	2,171	2,014	1,294	2,482	1,448	1,957	2,349	1,403	2,372	2,694	1,867	2,600	2,599	1,504	2,448	2,411	2,937	2,384	3,073	10,805
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	310	328	283	299	344	382	132	130	132	81	175	171	153	177	218	–	–	218	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,886	1,660	–
Total Operating Expenses	727	741	706	750	792	828	763	983	853	1,145	854	964	919	935	912	931	874	898	2,155	2,422	2,446	2,581	2,648	2,971	2,993	3,155	1,285	1,441	1,336	1,365	1,352	1,501	1,393	1,876	1,346	1,586	1,433	2,203	2,657	1,555	7,847
Operating Income	119	180	94	210	-360	144	43	361	519	-930	733	650	262	641	-1,772	1,175	584	1,013	745	1,079	242	1,177	-42	-1,179	73	1,056	672	908	68	1,007	1,342	366	1,206	724	158	862	978	734	-273	1,518	2,958
Interest Expense	33	32	33	32	32	35	40	37	38	39	40	41	47	43	45	45	43	44	42	47	46	48	50	50	47	49	49	47	45	44	46	53	53	53	52	53	51	50	51	52	204
Pre-Tax Income	119	180	94	210	-360	144	43	361	519	-930	733	650	262	641	-1,772	1,175	584	1,013	728	1,020	244	1,140	-68	-1,122	141	901	672	908	68	1,007	1,342	366	1,206	724	158	862	978	734	-270	1,518	2,961
Income Tax Expense	36	48	23	58	-99	-296	108	81	110	-177	155	144	58	129	-371	244	130	166	148	217	54	265	-18	-239	18	287	134	192	14	213	293	76	259	162	28	185	215	152	-66	333	634
Net Income	84	133	70	150	-259	435	-64	278	409	-752	576	497	206	511	-1,406	922	453	847	574	803	190	881	-50	-883	123	710	489	696	43	769	1,025	268	905	549	122	657	751	577	-212	1,169	2,285
EBITDA	170	229	144	259	-309	206	112	427	585	-861	814	728	345	720	-1,689	1,259	671	1,096	804	1,096	328	1,226	24	-1,060	174	2,054	765	1,000	160	1,095	1,432	463	1,306	823	257	967	1,073	827	-230	1,614	3,284

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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