Markel Group Inc.
MKL Financial Insurance Property & Casualty
Markel Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.6 billion, roughly unchanged from fiscal 2024.
- Revenue
- −11.2%
- EPS
- −63.4%
- Free cash flow
- −27.2%
- Total debt
- +1.75%
Quarter to September 2026, against a year earlier
Follow MKL
Alert me
Markel Group Inc. (MKL) Gross margin
Markel Group Inc.'s gross margin over the twelve months to 30 September 2026 was 50.2%, down 0.3 percentage points from fiscal 2025 (50.5%). Over the past ten years it has ranged from 26.5% (fiscal 2017) to 54.3% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Insurance Property & Casualty industry median of 41.7% and below the Financial sector median of 70.2%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 50.5% | (1.20) |
| FY2024 | 51.7% | 3.34 |
| FY2023 | 48.4% | 7.97 |
| FY2022 | 40.4% | (13.89) |
| FY2021 | 54.3% | 10.61 |
| FY2020 | 43.7% | (6.28) |
| FY2019 | 49.9% | 17.15 |
| FY2018 | 32.8% | 6.29 |
| FY2017 | 26.5% | (10.28) |
| FY2016 | 36.8% | (0.02) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 46.5% | (16.41) |
| Jun 2026 | 62.9% | 30.46 |
| Mar 2026 | 32.5% | (17.48) |
| Dec 2025 | 49.9% | (3.43) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AIZ Assurant, Inc. compare | 78.1% |
| L Loews Corporation compare | 52.9% |
| MKL Markel Group Inc. | 50.2% |
| WRB W.R. Berkley Corporation compare | 47.3% |
| CNA CNA Financial Corporation compare | 41.7% |
| KNSL Kinsale Capital Group, Inc. compare | 34.5% |
| CINF Cincinnati Financial Corporation compare | 25.5% |
| AFG American Financial Group, Inc. compare | 22.3% |
| ORI Old Republic International Corporation compare | 14.9% |
| Insurance Property & Casualty industry median | 41.7% |
| Financial sector median | 70.2% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on MKL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement