Markel Group Inc. (MKL)
Markel Group Inc. brought in $15.7B of revenue over the twelve months to September 30, 2026, up 8.8% from a year earlier. Net income was $1.8B, a net margin of 11.4%. Operating cash flow minus capital spending left $2.6B of free cash flow in fiscal 2025. At September 30, 2026 it held $3.6B in cash against $4.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about Markel Group Inc.
- Net worth
- Markel Group Inc. has a market value (market cap) of $24.5B at the latest share price, and shareholders' equity of $18.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $15.5B (+4.7% year on year), with net income of $2.1B. Over the 12 months to September 30, 2026: revenue $15.7B, net income $1.8B.
- Cash flow
- In fiscal 2025 operations brought in $2.8B of cash; after $206.9M of capital spending, free cash flow was $2.6B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
What Markel Group Inc. does
Markel Group Inc. is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NYSE under the ticker MKL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.5B | $2.1B | $169.22 | $2.6B |
| 2024 | $14.8B | $2.7B | $199.32 | $2.3B |
| 2023 | $14.3B | $2B | $146.98 | $2.5B |
| 2022 | $11.7B | -$216.3M | -$23.72 | $2.5B |
| 2021 | $12.8B | $2.4B | $176.38 | $2.1B |
| 2020 | $9.7B | $816M | $55.63 | $1.6B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MKL ranks in Finance
Latest SEC filings
What Markel Group Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 30, 2026Form 13F-HR filing 13F-HR
- October 28, 2026
- October 28, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 5.7% to $4.2B versus the same quarter last year; diluted EPS $18.15 versus $59.25.
- September 14, 2026Activist stake changed SCHEDULE 13D/A
- September 8, 2026
- August 28, 2026Form N-PX filing N-PX
- July 31, 2026Form 13F-HR filing 13F-HR
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $4B versus the same quarter last year; diluted EPS $92.76 versus $49.67.
- June 11, 2026
- May 29, 2026
What is MKL worth? A DCF from its reported cash flow
Insider trades
What the people running Markel Group Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 5, 2026 | Markel Steven ADirector | Gave as a gift | 500 | - |
| September 30, 2026 | Costanzo Brian J.Chief Financial Officer | Other change | 2 | $3K |
| July 15, 2026 | Crowley Andrew G.EVP & Pres., Markel Ventures | Other change | 7 | $12.9K |
| June 30, 2026 | Costanzo Brian J.Chief Financial Officer | Other change | 2 | $3.5K |
| June 30, 2026 | Crowley Andrew G.EVP & Pres., Markel Ventures | Other change | 3 | $4.6K |
| June 15, 2026 | Michael Jonathan EDirector | Other change | 66 | $110K |
| June 15, 2026 | Oreilly MichaelDirector | Other change | 90 | $150K |
| June 15, 2026 | Morrison Harold Lawrence Jr.Director | Other change | 33 | $55K |
Who owns MKL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Markel Group Inc.13D, may seek influence | 42% | September 14, 2026 |
| Vanguard Capital Management13G, passive | 5.2% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 951 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 1,416,320 | +15,621 |
| Vanguard Capital Management LLC | 2,474,142 | +62,062 |
| Vanguard Portfolio Management LLC | 2,172,305 | +17,133 |
| Davis Selected Advisers | 406,759 | +23,326 |
| Morgan Stanley | 657,806 | +3,567 |
| Select Equity Group, L.P. | 331,679 | -45,964 |
| State Farm Mutual Automobile Insurance Co | 51,800,000 | 0 |
| State Street Corp | 576,528 | +35,750 |
| Principal Financial Group Inc | 307,791 | -94,085 |
| Boston Partners | 307,500 | +56,528 |
| Check Capital Management Inc | 237,627 | +160,741 |
| Van Lanschot Kempen Investment Management N.V. | 230,637 | +4,489 |
| Geode Capital Management, LLC | 661,688 | +21,188 |
| DAVENPORT & Co LLC | 206,399 | -773 |
| Baillie Gifford & Co | 157,923 | -17,145 |
| Norges Bank | 145,542 | new |
| Dimensional Fund Advisors LP | 513,682 | +105,351 |
| Bank of America Corp | 142,610 | +6,526 |
| Polar Capital Holdings Plc | 6,078,250 | -1,750 |
| Madison Avenue Partners, LP | 112,325 | +24,436 |
Insiders
17 insiders reported holding 146,255 shares in total, about $289.6M at the last price.
| Holder | Shares |
|---|---|
| Markel Steven ADirector | 59,868 |
| Gayner Thomas SinnicksonChief Executive Officer, Director | 56,260 |
| Heaton Michael REVP & Chief Operating Officer | 4,709 |
| Grinnan Richard RandolphSVP, Chief Legal Officer & Sec | 4,147 |
| Oreilly MichaelDirector | 3,935 |
| Leopold DianeDirector | 2,895550 held indirectly |
| Crowley Andrew G.EVP & Pres., Markel Ventures | 2,749 |
| Wilson SimonEVP and CEO, Markel Insurance | 2,397 |
| Puckett A. LynneDirector | 1,9701,463 held indirectly |
| Costanzo Brian J.Chief Financial Officer | 1,634 |
Questions about MKL
What does Markel Group Inc. do?
Markel Group Inc. is a company in the Finance sector, listed on NYSE as MKL. Its shares trade on NYSE under the ticker MKL.
What is Markel Group Inc.'s net worth?
Markel Group Inc. has a market value (market cap) of $24.5B at the latest share price, and shareholders' equity of $18.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Markel Group Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $1.8B on revenue of $15.7B, a net margin of 11.4%.
How much revenue does Markel Group Inc. make?
Over the twelve months to September 30, 2026 Markel Group Inc. reported revenue of $15.7B. That is 8.8% more than a year earlier.
When did Markel Group Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 6, 2026.
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Where the numbers come from
Financial figures are the values Markel Group Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.