See more : Chervon Holdings Limited (2285.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Markel Corporation (MKL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Markel Corporation, a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
You may be interested
- Obsidian Energy Ltd. (OBE.TO) Income Statement Analysis – Financial Results
- Spindox S.p.A. (SPN.MI) Income Statement Analysis – Financial Results
- Ram Ratna Wires Limited (RAMRAT.NS) Income Statement Analysis – Financial Results
- China Marine Information Electronics Company Limited (600764.SS) Income Statement Analysis – Financial Results
- Accell Group N.V. (AO1B.DE) Income Statement Analysis – Financial Results
Markel Corporation (MKL)
About Markel Corporation
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.80B | 11.82B | 12.92B | 9.64B | 9.52B | 6.95B | 6.06B | 5.61B | 5.37B | 5.13B | 4.32B | 3.00B | 2.63B | 2.23B | 2.07B | 1.90B | 2.48B | 2.52B | 2.20B | 2.26B | 2.09B | 1.77B | 1.40B | 1.09B | 524.32M | 426.00M | 419.00M | 366.70M | 343.60M | 279.70M | 234.90M | 229.10M | 225.00M | 77.00M | 97.80M | 69.50M | 40.70M | 35.40M | 22.60M |
| Cost of Revenue | 180.61M | 178.78M | 160.54M | 159.32M | 148.64M | 115.93M | 80.76M | 68.53M | 68.95M | 57.63M | 55.22M | 33.51M | 24.29M | 16.82M | 6.70M | 4.38M | 2.15M | 0.00 | 0.00 | 0.00 | 4.13M | 10.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 15.62B | 11.64B | 12.76B | 9.48B | 9.38B | 6.83B | 5.98B | 5.54B | 5.30B | 5.08B | 4.27B | 2.97B | 2.61B | 2.21B | 2.06B | 1.89B | 2.48B | 2.52B | 2.20B | 2.26B | 2.09B | 1.76B | 1.40B | 1.09B | 524.32M | 426.00M | 419.00M | 366.70M | 343.60M | 279.70M | 234.90M | 229.10M | 225.00M | 77.00M | 97.80M | 69.50M | 40.70M | 35.40M | 22.60M |
| Gross Profit Ratio | 98.86% | 98.49% | 98.76% | 98.35% | 98.44% | 98.33% | 98.67% | 98.78% | 98.72% | 98.88% | 98.72% | 98.88% | 99.08% | 99.24% | 99.68% | 99.77% | 99.91% | 100.00% | 100.00% | 100.00% | 99.80% | 99.40% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 675.68M | 474.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.90M | 0.00 | 18.80M | 37.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.84B | 0.00 | 0.00 | 0.00 | 675.68M | 474.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.90M | 0.00 | 18.80M | 40.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 12.87B | 11.77B | -13.80B | -11.79B | -10.35B | -7.27B | 5.84B | 4.81B | 4.51B | 4.58B | 3.85B | 2.60B | 2.35B | 1.86B | 1.82B | 2.01B | 1.86B | 1.90B | 1.95B | 1.98B | 1.86B | 1.61B | -1.53B | -1.09B | -445.73M | -330.20M | -332.60M | -321.70M | -287.20M | -246.30M | -197.20M | -206.10M | -207.30M | -84.00M | -118.20M | -53.80M | -31.80M | -28.10M | -20.70M |
| Operating Expenses | 15.71B | 11.77B | -13.80B | -11.79B | -9.67B | -6.80B | 5.84B | 4.81B | 4.51B | 4.58B | 3.85B | 2.60B | 2.35B | 1.86B | 1.82B | 2.01B | 1.86B | 1.90B | 1.95B | 1.98B | 1.86B | 1.61B | -1.53B | -1.09B | -445.73M | -330.20M | -332.60M | -321.70M | -287.20M | -246.30M | -197.20M | -184.20M | -207.30M | -65.20M | -77.70M | -53.80M | -31.80M | -28.10M | -20.70M |
| Cost & Expenses | 12.87B | 11.96B | 9.79B | 8.64B | 7.24B | 6.96B | 5.97B | 4.98B | 4.63B | 4.69B | 3.96B | 2.69B | 2.44B | 1.93B | 1.87B | 2.06B | 1.91B | 1.97B | 2.01B | 2.04B | 1.91B | 1.65B | 1.58B | 1.15B | 470.88M | 20.40M | 20.10M | 8.00M | 8.50M | 88.40M | 72.90M | 72.90M | 41.90M | 31.30M | 56.10M | 2.40M | 300.00K | -28.10M | -20.70M |
| Interest Income | 0.00 | 464.01M | 384.42M | 392.05M | 171.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -820.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 185.08M | 196.06M | 183.58M | 177.58M | 171.69M | 154.21M | 132.45M | 129.90M | 118.30M | 117.44M | 114.00M | 92.76M | 86.25M | 73.66M | 53.97M | 47.39M | 56.25M | 65.17M | 63.84M | 56.22M | 51.96M | 40.10M | 48.65M | 52.35M | 25.15M | 20.40M | 20.10M | 8.00M | 8.50M | 7.70M | 5.60M | 5.30M | 0.00 | 4.30M | 3.20M | 2.40M | 300.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 259.92M | 366.95M | 336.39M | 307.07M | 269.24M | 227.85M | 203.87M | 194.15M | 68.95M | 57.63M | 55.22M | 33.51M | 24.29M | 16.82M | 6.70M | 4.38M | 30.53M | 27.61M | 29.58M | 31.34M | 39.26M | 28.23M | 41.91M | 32.40M | 12.86M | 7.30M | 7.30M | 10.90M | 11.10M | 15.40M | 13.00M | 12.30M | 12.60M | 4.80M | 4.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 2.93B | 411.45M | 3.65B | 1.49B | 2.73B | 374.20M | 423.62M | 953.96M | 1.06B | 761.40M | 665.81M | 492.14M | 276.45M | 369.17M | 252.61M | -113.63M | 658.74M | 618.57M | 249.84M | 311.60M | 233.55M | 157.79M | -91.64M | 32.94M | 91.45M | 103.09M | 27.40M | 18.90M | 19.60M | 48.80M | 18.60M | 17.60M | 0.00 | 16.60M | 7.50M | 0.00 | 0.00 | 7.30M | 1.90M |
| EBITDA Ratio | 18.53% | 8.95% | -5.58% | -20.63% | 0.03% | 5.42% | 6.90% | 16.91% | 19.65% | 14.78% | 15.34% | 16.24% | 12.95% | 18.96% | 13.68% | -4.48% | 26.53% | 25.65% | 12.70% | 13.78% | 13.04% | 10.51% | -6.56% | 3.01% | 17.44% | 24.20% | 22.36% | 15.24% | 19.64% | 17.45% | 21.58% | 24.97% | 13.47% | 21.56% | 24.95% | 22.59% | 21.87% | 20.62% | 8.41% |
| Operating Income | 2.93B | 878.63M | -880.80M | -2.15B | -145.98M | 148.53M | 219.75M | 803.92M | 860.41M | 557.82M | 475.75M | 404.81M | 276.45M | 369.17M | 252.61M | -113.63M | 628.21M | 618.57M | 249.84M | 280.27M | 233.55M | 157.79M | -133.55M | 542.00K | 78.59M | 95.80M | 86.40M | 45.00M | 56.40M | 33.40M | 37.70M | 44.90M | 17.70M | 11.80M | 20.10M | 15.70M | 8.90M | 7.30M | 1.90M |
| Operating Income Ratio | 18.53% | 7.44% | -6.82% | -22.29% | -1.53% | 2.14% | 3.63% | 14.32% | 16.02% | 10.87% | 11.00% | 13.49% | 10.51% | 16.59% | 12.21% | -5.99% | 25.30% | 24.56% | 11.36% | 12.39% | 11.16% | 8.91% | -9.56% | 0.05% | 14.99% | 22.49% | 20.62% | 12.27% | 16.41% | 11.94% | 16.05% | 19.60% | 7.87% | 15.32% | 20.55% | 22.59% | 21.87% | 20.62% | 8.41% |
| Total Other Income/Expenses | -275.12M | -151.57M | 3.13B | -273.44M | -191.54M | -47.61M | -132.45M | -175.25M | -118.30M | -117.44M | -114.00M | -92.76M | -86.25M | -73.66M | -53.97M | -159.83M | -56.25M | -65.17M | -63.84M | -56.22M | -51.96M | -40.10M | -182.20M | -51.81M | 53.44M | 75.39M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 2.65B | -148.84M | 3.13B | 1.00B | 2.29B | -7.86M | 87.30M | 629.92M | 742.11M | 440.38M | 361.74M | 312.05M | 190.20M | 295.51M | 198.64M | -161.02M | 571.96M | 553.40M | 186.00M | 224.05M | 181.58M | 117.69M | -182.20M | -51.81M | 53.44M | 188.50M | 172.50M | 104.20M | 114.90M | 70.00M | 80.00M | 120.60M | 90.80M | 55.30M | 94.10M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 16.79% | -1.26% | 24.25% | 10.38% | 24.00% | -0.11% | 1.44% | 11.22% | 13.82% | 8.58% | 8.37% | 10.40% | 7.23% | 13.28% | 9.60% | -8.48% | 23.03% | 21.97% | 8.45% | 9.90% | 8.68% | 6.65% | -13.04% | -4.73% | 10.19% | 44.25% | 41.17% | 28.42% | 33.44% | 25.03% | 34.06% | 52.64% | 40.36% | 71.82% | 96.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 552.62M | -47.64M | 684.46M | 168.68M | 486.35M | 122.50M | -313.46M | 169.48M | 152.96M | 116.69M | 77.90M | 53.80M | 41.71M | 27.78M | -3.78M | -102.25M | 166.29M | 160.90M | 38.09M | 58.63M | 58.11M | 42.37M | -56.48M | -24.21M | 12.83M | 18.10M | 15.90M | -9.70M | 13.40M | 7.10M | 8.50M | 14.00M | 3.30M | 1.80M | 3.10M | 2.40M | 2.60M | 2.60M | 1.00M |
| Net Income | 2.00B | -101.20M | 2.42B | 816.03M | 1.79B | -128.18M | 395.27M | 455.69M | 582.77M | 321.18M | 281.02M | 253.39M | 142.03M | 266.79M | 201.64M | -58.77M | 405.67M | 392.50M | 147.92M | 165.41M | 123.48M | 75.32M | -125.72M | -27.59M | 40.61M | 57.30M | 50.40M | 46.70M | 34.50M | 18.60M | 23.60M | 25.60M | 14.40M | 5.70M | 13.80M | 10.90M | 6.00M | 4.70M | 900.00K |
| Net Income Ratio | 12.63% | -0.86% | 18.76% | 8.47% | 18.80% | -1.84% | 6.52% | 8.12% | 10.85% | 6.26% | 6.50% | 8.45% | 5.40% | 11.99% | 9.74% | -3.10% | 16.34% | 15.58% | 6.72% | 7.31% | 5.90% | 4.26% | -9.00% | -2.52% | 7.75% | 13.45% | 12.03% | 12.74% | 10.04% | 6.65% | 10.05% | 11.17% | 6.40% | 7.40% | 14.11% | 15.68% | 14.74% | 13.28% | 3.98% |
| EPS | 147.32 | -7.45 | 176.92 | 55.67 | 129.25 | -9.21 | 25.89 | 31.41 | 41.99 | 22.38 | 22.57 | 25.96 | 14.66 | 27.31 | 20.54 | -5.99 | 40.73 | 40.43 | 15.05 | 16.79 | 12.55 | 7.67 | -14.73 | -3.99 | 7.27 | 10.41 | 9.20 | 8.58 | 6.38 | 3.33 | 4.23 | 4.64 | 2.70 | 1.05 | 2.62 | 2.29 | 1.37 | 1.27 | 0.22 |
| EPS Diluted | 146.98 | -7.45 | 176.51 | 55.63 | 129.07 | -9.21 | 25.81 | 31.27 | 41.74 | 22.27 | 22.48 | 25.89 | 14.60 | 27.27 | 20.52 | -5.99 | 40.64 | 39.40 | 14.80 | 16.41 | 12.31 | 7.65 | -14.73 | -3.99 | 7.20 | 10.17 | 8.92 | 8.30 | 6.15 | 3.33 | 4.23 | 4.64 | 2.70 | 1.05 | 2.62 | 2.29 | 1.37 | 1.27 | 0.22 |
| Weighted Avg Shares Out | 13.35M | 13.58M | 13.77M | 13.81M | 13.86M | 13.92M | 13.96M | 14.01M | 13.98M | 13.98M | 12.54M | 9.67M | 9.69M | 9.77M | 9.82M | 9.81M | 9.96M | 9.71M | 9.83M | 9.85M | 9.84M | 9.82M | 8.53M | 6.92M | 5.59M | 5.50M | 5.48M | 5.62M | 5.61M | 5.59M | 5.58M | 5.52M | 5.33M | 5.43M | 5.27M | 4.72M | 4.31M | 3.62M | 3.64M |
| Weighted Avg Shares Out (Dil) | 13.38M | 13.58M | 13.80M | 13.82M | 13.88M | 13.92M | 14.01M | 14.08M | 14.06M | 14.06M | 12.59M | 9.76M | 9.73M | 9.78M | 9.83M | 9.81M | 9.98M | 9.96M | 9.99M | 10.08M | 10.03M | 9.85M | 8.53M | 6.92M | 5.64M | 5.63M | 5.65M | 5.63M | 5.63M | 5.59M | 5.58M | 5.52M | 5.33M | 5.43M | 5.27M | 4.72M | 4.31M | 3.62M | 3.64M |
Markel: Remains A Long Term Buy
Markel has a strong 30+ year track record but faced recent growth challenges due to natural catastrophes, economic inflation, and poor acquisitions. Despite setbacks, Markel's integrity and strategic actions have led to improving fundamentals, with book value growing annually and...
Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia
SINGAPORE , Sept. 18, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in...
Markel Group Stock Rises 11% YTD: More Room for Growth?
MKL is well-poised to grow on rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.
Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs
LONDON , Sept. 10, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies...
Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines
RICHMOND, Va. , Sept. 4, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Mullarkey has been named Global Executive Underwriting Officer for Property and First Party Lines.
Markel appoints Rhys O'Neill as Senior Underwriter, Marine & Energy Liability in International Specialty
LONDON , Sept. 3, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Rhys O'Neill as Senior Underwriter, Marine & Energy Liability, International Specialty, with immediate effect.
Why Is Markel Group (MKL) Up 1.6% Since Last Earnings Report?
Markel Group (MKL) reported earnings 30 days ago. What's next for the stock?
Markel: Operational Excellence Is Still Not Visible In Share Price
Markel is a compelling buy because its book value has risen more than its share price in recent years. Markel is cheaper than Berkshire Hathaway, but each of the companies has its own risk characteristics. Berkshire Hathaway is better prepared...
Markel Group's Q2: Nearly A Century Of Growth Facing Modern Headwinds
Markel Group Inc., a diversified holding company, operates in insurance, investments, and Markel Ventures. Recent financial performance has been lackluster, with lower-than-expected earnings and revenue. Despite solid long-term growth, Markel faces challenges such as underperformance in EBITDA and cash flow,...
Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty
LONDON , Aug. 15, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group (NYSE:MKL), today announced the appointment of Grant Smith as Director, Marine & Energy Liability, International Specialty, with immediate effect. Smith's appointment is the latest in a...
Source: https://incomestatements.info
Category: Stock Reports