Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Markel logo

Markel Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Markel holds $68.6B in total assets. Shareholders' equity is $18.1B against $4.4B in total debt. Cash and equivalents total $3.7B. Based on the Q1 2026 filing.

Total Assets$68.6BTotal Stockholders Equity$18.1BLong Term Debt$4.4BCash And Equivalents$3.7B
Latest FilingQ1 2026
Report Date2026-04-28
Market Cap$22.9B
P/E Ratio12.92
ROE10.05%

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$617.1M-$391.1M-$180.8M-$139M-$109.5M-$237.6M
Common stock$3.6B$3.6B$3.7B$3.7B$3.7B$3.7B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$3.6B$3.6B$3.7B$3.7B$3.7B$3.7B
Noncontrolling interests$13M$16.2M$18.6M$18.6M-$1.6M-$1.6M
Redeemable noncontrolling interests$540M$579.7M$531.3M$536M$506.1M$519.8M
Retained earnings$13.4B$13.4B$13.8B$14.5B$15B$14.7B
Total liabilities and stockholders' equity$61.9B$64.6B$66.8B$67.4B$68.9B$68.6B
Total stockholders' equity$16.9B$17.1B$17.3B$18B$18.6B$18.1B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$3.7B$4.2B$3.7B$4B$4B$3.7B
Premiums And Other Receivables Net$3.6B$4.3B$4.6B$4.3B$4B$3.8B
Prepaid reinsurance premiums$2.9B$3.3B$4.6B$3.7B$3.1B$3.3B
Other Receivables$3.6B$4.3B$4.6B$4.3B$4B$3.8B
Restricted cash$499.6M$481.3M$574.9M$567.7M$638.6M$500.8M
Short-term investments$2.5B$2.1B$1.9B$2.1B$2B$2B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Liability for Claims and Claims Adjustment Expense$26.6B$27.9B$28.5B$29.1B$30.9B$31.4B
Reinsurance balances payable$1.4B$1.8B$1.7B$1.8B$1.7B$1.6B
Unearned premiums$7.1B$7.7B$9.1B$8.2B$7.3B$7.2B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets-$98.6M-$37.8M-$37.8M-$37.8M-$37.8M—
Available-for-sale securities$15.7B$16.3B$16.8B$17.3B$17.8B$17.9B
Goodwill$2.7B$2.8B$2.8B$2.8B$2.8B$2.8B
Deferred policy acquisition costs$875.7M$960.7M$975.4M$984.4M$909.5M$857.2M
Equity securities$11.8B$11.7B$12.3B$12.8B$13B$12.3B
Reinsurance recoverables$11.6B$12.6B$12.8B$13B$14.6B$15.2B
Intangible assets, net$1.5B$1.6B$1.6B$1.6B$1.5B$1.5B
Long-term investments$30.1B$30.1B$31B$32.2B$32.8B$32.3B
Other intangible assets—net$1.5B$1.6B$1.6B$1.6B$1.5B$1.5B
Investments$30.1B$30.1B$31B$32.2B$32.8B$32.3B
Other Assets$4.4B$4.2B$4.2B$4.3B$4.5B$4.7B
Other non-current assets$4.4B$4.2B$4.2B$4.3B$4.5B$4.7B
Total assets$61.9B$64.6B$66.8B$67.4B$68.9B$68.6B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reserve for insurance claims$26.6B$27.9B$28.5B$29.1B$30.9B$31.4B
Long-term debt$4.3B$4.4B$4.4B$4.3B$4.3B$4.4B
Other non-current liabilities$5B$4.5B$4.6B$4.7B$5.7B$5.3B
Total liabilities$44.4B$46.9B$48.9B$48.8B$49.8B$50B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available for sale investments$15.7B$16.3B$16.8B$17.3B$17.8B$17.9B
Noncontrolling interests in subsidiaries$13M$16.2M$18.6M$18.6M-$1.6M-$1.6M