Company research
MARKEL GROUP INC.
CIK 1096343Updated Sep 27, 2026
SecurityMKL · NYSE · equity
Name history
MARKEL CORP · through May 25, 2023MARKEL HOLDINGS INC · through Jan 26, 2000
MKL price & chart
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NYSE:MKL on TradingView ↗About the company
Markel Group Inc. is a diverse family of companies that includes everything from insurance to bakery equipment, building supplies, houseplants, and more. The leadership teams of these businesses operate with a high degree of independence, while at the same time living the values that we call the Markel Style. Our specialty insurance business sits at the core of our company. Through decades of sound underwriting, the Markel Insurance team has provided the capital base from which we built a system of businesses and investments that collectively increase Markel Group's durability and adaptability. It's a system that provides diverse income streams, access to a wide range of investment opportunities, and the ability to efficiently move capital to the best ideas across the company. Most importantly though, this system enables each of our businesses to advance our shared goal of helping our customers, associates, and shareholders win over the long term. Visit mklgroup.com to learn more.
In the news
Markel International appoints Nick Rugg to Head of Financial Institutions & Fintech - PFR & Cyber, International ↗
Recent filings
SCHEDULE 13D/A filing
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 5.02, 8.01, 9.01
N-PX filing
13F-HR filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 68,905,050,000Source | 61,897,982,000Source | 55,045,710,000Source | 49,791,259,000Source |
| Property, Plant and Equipment, NetUSD | 1,500,000,000Source | 1,400,000,000Source | 1,300,000,000Source | 1,200,000,000Source |
| GoodwillUSD | 2,822,091,000Source | 2,735,867,000Source | 2,624,749,000Source | 2,638,838,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,543,002,000Source | 1,459,620,000Source | 1,588,684,000Source | 1,747,464,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,964,705,000Source | 3,692,667,000Source | 3,747,060,000Source | 4,137,432,000Source |
| Inventory, NetUSD | 703,400,000Source | 631,500,000Source | 617,200,000Source | 639,600,000Source |
| Operating Lease, Right-of-Use AssetUSD | 658,180,000Source | 681,405,000Source | 628,833,000Source | 526,704,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 49,802,861,000Source | 44,429,009,000Source | 39,519,817,000Source | 36,139,780,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 591,891,000Source | 591,891,000Source | 591,891,000Source |
| Common Stock, Value, IssuedUSD | 3,672,381,000Source | 3,560,633,000Source | 3,517,146,000Source | 3,493,893,000Source |
| Retained Earnings (Accumulated Deficit)USD | 15,034,835,000Source | 13,380,456,000Source | 11,353,101,000Source | 9,836,827,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -109,460,000Source | -617,082,000Source | -478,210,000Source | -857,077,000Source |
| Stockholders' Equity Attributable to ParentUSD | 18,597,756,000Source | 16,915,898,000Source | 14,983,928,000Source | 13,065,534,000Source |
| Liabilities and EquityUSD | 68,905,050,000Source | 61,897,982,000Source | 55,045,710,000Source | 49,791,259,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,631,000Source | 13,041,000Source | 72,280,000Source | 62,791,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 1,834,958,000Source | 1,541,030,000Source | 1,170,399,000Source | 836,815,000Source |
| Long-term DebtUSD | 4,303,811,000Source | 4,330,341,000Source | 3,779,796,000Source | 4,103,629,000Source |
| Redeemable Noncontrolling Interest, Equity, Common, Carrying AmountUSD | 506,064,000Source | 540,034,000Source | 469,685,000Source | 523,154,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 2,152,405,000Source | 2,847,406,000Source | 2,101,090,000Source | -101,203,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Deferred Income Tax Expense (Benefit)USD | 151,219,000Source | 394,560,000Source | 233,798,000Source | -281,752,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,761,256,000Source | 2,594,006,000Source | 2,786,807,000Source | 2,709,442,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 106,214,000Source | 207,753,000Source | 3,584,000Source | 79,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,189,915,000Source | -2,398,618,000Source | -2,703,607,000Source | -1,670,204,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -133,555,000Source | -32,167,000Source | -23,081,000Source | 8,294,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 206,894,000Source | 254,991,000Source | 258,619,000Source | 254,712,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 429,519,000Source | 572,728,000Source | 445,479,000Source | 290,796,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,210,056,000Source | -297,878,000Source | -999,716,000Source | -595,311,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -9,877,000Source | -8,886,000Source | -41,205,000Source | -47,562,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 411,054,000Source | -139,786,000Source | -889,479,000Source | 340,566,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,603,302,000Source | 4,192,248,000Source | 4,332,034,000Source | 5,221,513,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 49,769,000Source | -37,296,000Source | 27,037,000Source | -103,361,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 185,007,000Source | 181,472,000Source | 180,614,000Source | 178,778,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 1,776,784,000Source | 1,754,141,000Source | 1,763,670,000Source | 1,655,106,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 347,918,000Source | 342,359,000Source | 259,924,000Source | 366,954,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 1,080,157,000Source | 1,802,796,000Source | 1,566,231,000Source | -1,554,750,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 3,042,000Source | -14,966,000Source | 34,684,000Source | -14,884,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 1,077,115,000Source | 1,817,762,000Source | 1,531,547,000Source | -1,539,866,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -256,234,000Source | 129,438,000Source | -90,045,000Source | 140,209,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | 0Source | 18,965,000Source | 225,832,000Source |
| GoodwillUSD | 2,822,091,000Source | 2,735,867,000Source | 2,624,749,000Source | 2,638,838,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | 80,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 80,000,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 70,400,000Source | 58,700,000Source | -2,100,000Source | -22,900,000Source |
| Income Tax Expense (Benefit)USD | 580,303,000Source | 790,294,000Source | 552,616,000Source | -47,636,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 5,079,845,000Source | 5,052,749,000Source | 5,322,009,000Source | 4,445,589,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,107,010,000Source | 2,747,022,000Source | 1,996,060,000Source | -214,123,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 45,395,000Source | 100,384,000Source | 105,030,000Source | 112,920,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,080,901,000Source | 2,711,022,000Source | 1,960,060,000Source | -250,123,000Source |
| Operating Lease, ExpenseUSD | 188,700,000Source | 169,000,000Source | 148,400,000Source | 126,300,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -38,743,000Source | -54,010,000Source | — | — |
| Realized Investment Gains (Losses)USD | 1,076,081,000Source | 1,807,219,000Source | 1,524,054,000Source | -1,595,733,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 15,513,233,000Source | 16,620,763,000Source | 15,803,630,000Source | 11,675,335,000Source |
| Operating Income (Loss)USD | 3,194,852,000Source | 3,712,562,000Source | 2,928,828,000Source | -92,986,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,732,708,000Source | 3,637,700,000Source | 2,653,706,000Source | -148,839,000Source |
| Income Tax Expense (Benefit)USD | 580,303,000Source | 790,294,000Source | 552,616,000Source | -47,636,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 45,395,000Source | 100,384,000Source | 105,030,000Source | 112,920,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,107,010,000Source | 2,747,022,000Source | 1,996,060,000Source | -214,123,000Source |
| Earnings Per Share, BasicUSD per share | 169.74Source | 199.69Source | 147.32Source | -23.57Source |
| Earnings Per Share, DilutedUSD per share | 169.22Source | 199.32Source | 146.98Source | -23.57Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 12,609,000Source | 13,017,000Source | 13,347,000Source | 13,580,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,648,000Source | 13,041,000Source | 13,378,000Source | 13,580,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 185,007,000Source | 181,472,000Source | 180,614,000Source | 178,778,000Source |
| Costs and ExpensesUSD | 13,394,462,000Source | 12,908,201,000Source | 12,874,802,000Source | 11,768,321,000Source |
| Current Income Tax Expense (Benefit)USD | 429,084,000Source | 395,734,000Source | 318,818,000Source | 234,116,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 1,776,784,000Source | 1,754,141,000Source | 1,763,670,000Source | 1,655,106,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 3,042,000Source | -14,966,000Source | 34,684,000Source | -14,884,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -256,234,000Source | 129,438,000Source | -90,045,000Source | 140,209,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 80,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,985,180,000Source | 2,428,694,000Source | 1,711,849,000Source | -109,311,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 70,400,000Source | 58,700,000Source | -2,100,000Source | -22,900,000Source |
| Interest ExpenseUSD | 205,910,000Source | 204,300,000Source | 185,077,000Source | 196,062,000Source |
| Lease IncomeUSD | 231,871,000Source | 176,293,000Source | 188,904,000Source | — |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 5,079,845,000Source | 5,052,749,000Source | 5,322,009,000Source | 4,445,589,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,080,901,000Source | 2,711,022,000Source | 1,960,060,000Source | -250,123,000Source |
| Net Investment IncomeUSD | 970,427,000Source | 920,496,000Source | 734,532,000Source | 446,755,000Source |
| Operating Lease, ExpenseUSD | 188,700,000Source | 169,000,000Source | 148,400,000Source | 126,300,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 26,109,000Source | 36,000,000Source | 36,000,000Source | 36,000,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 30Source | 60Source | 60Source | 60Source |
| Realized Investment Gains (Losses)USD | 1,076,081,000Source | 1,807,219,000Source | 1,524,054,000Source | -1,595,733,000Source |
Filing attachments
mklex991-form8xk_502and801.htm · 8-K · 2026-09-08
EX-99.1 2 mklex991-form8xk_502and801.htm EX-99.1 Document EXHIBIT 99.1 For more information contact: Investor Relations Markel Group Inc. IR@markel.com FOR IMMEDIATE RELEASE Markel Chairman Steve Markel to Retire and Will Be Succeeded by Tom Gayner • Simon Wilson and Andrew Crowley Promoted to Co-Presidents • Establishes Leadership Council Consisting of Lead Independent Director, Chairman, and Co-Presidents RICHMOND, Va., September 8, 2026 - Markel Group Inc. (NYSE: MKL) today…
Read attachment ↗mkl02262026ex991.htm · 8-K · 2026-02-26
EX-99.1 3 mkl02262026ex991.htm EX-99.1 Document EXHIBIT 99.1 For more information contact: Investor Relations Markel Group Inc. IR@markel.com FOR IMMEDIATE RELEASE Markel Group announces leadership appointments RICHMOND, Va., Feb. 23, 2026 - Markel Group Inc. (NYSE: MKL) announced today the appointments of Simon Wilson, CEO of Markel Insurance, and Andrew Crowley, President of Markel Ventures, as Executive Vice Presidents of Markel Group, in addition to their current responsibil…
Read attachment ↗mklboardreview02052025ex991.htm · 8-K · 2025-02-06
EX-99.1 2 mklboardreview02052025ex991.htm EXHIBIT 99.1 Document For more information contact: Investor Relations Markel Group Inc. IR@markel.com For immediate release Markel Group Inc. provides update for its shareholders RICHMOND, Va., February 5, 2025 - Markel Group Inc.’s (NYSE: MKL) focus on a zealous pursuit of excellence has been a key to its success. As a result of that focus, the Company has delivered total shareholder returns of over 20,000% since our initial public off…
Read attachment ↗