Markel Group Inc. (MKL) vs W.R. Berkley Corporation (WRB)

Markel Group Inc. and W.R. Berkley Corporation are both Insurance Property & Casualty companies. W.R. Berkley Corporation is the larger, with a market value of $25.0B against $21.5B — 1.2× the size. Markel Group Inc. trades at the lower P/E: 9.5× against 13.7×. W.R. Berkley Corporation grew revenue faster over the last twelve months: 4.27% against 0.86%. Markel Group Inc. has the higher net margin (13.8% vs 12.9%) and the lower return on invested capital (10.0% vs 15.7%). Across the 22 metrics below, Markel Group Inc. leads on 12 and W.R. Berkley Corporation on 10.

Valuation

Metric MKL WRB Insurance Property & Casualty median
P/E 9.46 13.66 10.29
P/S 1.31 1.75 1.17
P/B 1.14 2.64 1.83
Price to free cash flow 10.23 7.62 7.48
EV/EBITDA 7.11 10.60 7.49
EV/Sales 1.32 1.76 1.13
Earnings yield 10.57% 7.32% 9.50%
Free cash flow yield 9.77% 13.13% 13.29%

Profitability

Metric MKL WRB Insurance Property & Casualty median
Gross margin 51.93% 47.56% 41.16%
Operating margin 18.63% 17.04% 15.09%
Net margin 13.77% 12.94% 11.51%
Free cash flow margin 12.76% 22.92% 17.59%
Return on equity 12.57% 20.14% 18.19%
Return on assets 3.31% 4.37% 3.74%
Return on invested capital 10.01% 15.74% 12.06%

Growth

Metric MKL WRB Insurance Property & Casualty median
Revenue growth (TTM) 0.86% 4.27% 8.69%
EPS growth (last fiscal year) (15.10%) 2.06% —
Revenue growth, 5-year CAGR 11.25% 12.67% 9.23%
Net income growth, 5-year CAGR 21.14% 27.38% 10.09%

Health

Metric MKL WRB Insurance Property & Casualty median
Debt to equity 0.23 0.29 0.25
Current ratio 0.57 0.32 0.42
Net debt to EBITDA (0.09) 0.13 0.08

Dividend

Metric MKL WRB Insurance Property & Casualty median
Dividend yield — 1.72% 2.79%
Payout ratio 0.00 0.09 0.27

Size

Metric MKL WRB Insurance Property & Casualty median
Market cap 21.50b 24.98b 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack