Markel Corporation

Financial Services · Insurance - Property & Casualty

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

Statements

Balance Sheet

Markel Corporation (MKL) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Total Assets" came in at 68,905 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size %

Last 12 Full history

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All figures in millions of USD.

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Balance Sheet MKL
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	1,605	1,870	1,921	2,455	5,473	6,441	7,409	8,532	9,398	9,814	10,088	10,134	9,478	10,242	10,218	11,005	11,952	22,284	23,581	24,941	34,416	32,805	27,202	37,474	41,710	48,477	63,443	43,445	47,346	68,905
Current Assets	–	–	–	664	1,659	2,167	921	905	2,845	2,963	2,122	1,835	1,913	2,003	1,002	1,058	1,306	3,823	3,514	5,386	5,317	5,927	3,724	21,520	24,977	30,774	2,988	6,957	7,063	33,325
Cash	–	–	–	1.8	250	297	444	373	379	334	555	478	640	850	745	775	973	2,765	2,482	2,630	1,739	2,198	2,396	3,073	4,342	3,978	4,137	4,332	4,192	3,965
Cash & Short-Term Investments	–	–	–	144	331	362	512	455	501	582	555	478	640	850	745	775	973	2,765	2,482	13,667	13,966	14,300	2,396	14,240	17,058	18,366	18,664	4,332	4,192	11,031
Receivables	–	–	288	521	1,328	1,805	409	451	416	335	1,567	1,357	1,273	1,152	257	283	333	1,058	1,032	3,180	3,313	6,313	1,328	7,281	7,920	9,707	11,408	2,625	2,871	18,581
Inventory	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	-18,427	-21,269	299	303	-9,598	-9,114	-27,082	-22,903	–	–
Property, Plant & Equipment	–	–	–	–	29	28	34	34	30	50	46	51	57	100	160	245	330	348	421	431	412	502	552	589	632	1,634	1,727	1,929	2,081	2,158
Goodwill	–	–	–	–	376	357	357	357	340	340	340	332	332	403	475	608	675	968	1,049	1,168	1,142	1,777	2,238	2,309	2,605	2,899	2,639	2,625	2,736	2,822
Intangible Assets	39	37	35	92	403	372	361	357	340	340	340	345	344	503	646	868	374	565	703	792	723	1,356	1,726	1,738	1,783	2,617	1,747	1,589	1,460	2,453
Total Liabilities	115	93	93	168	4,571	5,206	6,249	7,150	7,741	8,109	7,792	7,493	7,297	7,450	7,031	7,543	7,977	15,534	15,918	17,038	15,622	17,726	17,928	19,369	21,209	33,276	25,541	27,919	29,877	49,803
Current Liabilities	–	–	–	–	3,998	4,825	5,609	6,388	6,886	7,260	6,934	6,812	42	1,011	51	64	882	2,150	2,145	2,242	2,238	4,944	5,399	5,660	6,230	24,179	8,665	15,517	–	39,778
Short-Term Debt	–	–	–	–	–	–	–	–	–	99	179	93	–	0.7	246	246	247	29	23	2,241	184	86	289	113	127	0.0	500	202	173	195
Accounts Payable	–	–	–	–	138	170	122	150	90	116	59	40	42	47	51	855	882	2,150	2,145	2,242	2,238	4,944	5,399	5,660	6,230	7,493	8,665	1,038	1,435	1,668
Long-Term Debt	–	–	–	–	723	531	574	762	855	849	679	588	689	963	1,009	1,288	1,233	2,227	2,230	2,239	2,575	3,099	3,010	3,534	3,484	4,361	4,104	3,780	4,330	4,304
Shareholders' Equity	268	357	425	383	752	1,085	1,159	1,382	1,657	1,705	2,296	2,641	2,181	2,774	3,172	3,388	3,889	6,674	7,595	7,904	18,795	15,079	9,081	18,105	20,502	14,717	37,901	14,984	16,916	18,598
Retained Earnings	200	247	304	342	302	176	252	375	537	669	1,016	1,417	1,298	1,514	1,736	1,835	2,068	2,295	2,582	3,137	3,526	3,777	5,782	7,457	8,195	10,447	9,837	11,353	13,380	15,035
Shares Outstanding	5.6	5.7	5.6	5.6	6.9	8.5	9.8	10	10	10.0	10.0	10.0	9.8	9.8	9.8	9.7	9.8	13	14	14	14	14	14	14	14	14	14	13	13	13

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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