Skip to content
OpenCapital
Get started

Markel MKL Q1 2025 earnings

Reported April 30, 2025 · After market close

Revenue$3.3BMiss by $597.8MDiluted EPS$25.72Beat by $8.95
Revenue estimate$3.9B
EPS estimate$16.77

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$4.5B
EPS estimate$29.94

Financials

Q1 2025

Income statement

See full
Revenue$3.5B-20.6%
Operating income$282.5M-78.8%
Net income$121.7M-88.1%
EPS (diluted)$12.08-84.0%

Balance sheet

See full
Cash & equivalents$4.2B+15.6%
Total debt$4.4B+13.9%
Total equity$17.1B+9.0%
Total assets$64.6B+12.8%

Cash flow

See full
Operating cash flow$376.2M-40.3%
CapEx$40.7M-43.4%
Free cash flow$335.5M-40.0%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$23.87B+19.4%
Enterprise value$24.07B+19.1%
P/E13×+5.1×
P/S1.6×+0.3×

Profitability

See full
Operating margin18.1%-5.1pp
Net margin12.6%-4.2pp
FCF margin14.4%-4.4pp

Returns & leverage

See full
Return on equity11.2%-6.0pp
Debt / equity0.3×0.0×

Segments

By product

See full
Services$510.8M+2.1%
Management Fees$25.9M—

Versus estimates

Revenue

Q1 2026$2.8BMiss by $836.8MQ4 2025$4.2BBeat by $580.0MQ3 2025$4.4BBeat by $637.3MQ2 2025$4.4BMiss by $412.7M
Q1 2025$3.3BMiss by $597.8M
Q4 2024$4.0BBeat by $861.9M

Diluted EPS

Q1 2026$21.61Miss by $4.77Q4 2025$34.45Beat by $6.83Q3 2025$30.90Beat by $6.88Q2 2025$25.46Beat by $0.49
Q1 2025$25.72Beat by $8.95
Q4 2024$20.51Beat by $1.51

Ask the moment Markel reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Markel report Q1 2025 earnings?
Markel (MKL) reported Q1 2025 earnings on April 30, 2025 after market close.
What were Markel's Q1 2025 revenue and EPS?
Markel reported revenue of $3.3B and diluted EPS of $25.72 for Q1 2025.
Did Markel beat estimates in Q1 2025?
Revenue missed the consensus estimate of $3.9B by $597.8M. EPS beat the consensus estimate of $16.77 by $8.95.
How did Markel's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 26.4% from $4.5B a year earlier and diluted EPS grew 41.6% from $18.17.
Where can I find Markel's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001096343-25-000061) directly on SEC EDGAR. The filing index links above go to sec.gov.