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Markel MKL Debt-to-equity

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0.2×+0.1×
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0.0×
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Other financials

Income statement

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Revenue$4.0B-12.7%
Operating income$1.6B+40.9%
Net income$1.2B+77.9%
EPS (diluted)$92.76+86.8%

Balance sheet

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Cash & equivalents$3.4B-8.0%
Total debt$4.4B+0.1%
Total equity$19.0B+9.7%
Total assets$71.3B+6.7%

Cash flow

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Operating cash flow$428.9M-15.0%
CapEx$44.3M-12.5%
Free cash flow$384.5M-15.3%

Valuation

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Market cap$23.32B-5.3%
Enterprise value$24.27B-4.0%
P/E10.2×-0.8×
P/S1.5×0.0×

Profitability

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Operating margin19.9%-0.5pp
Net margin14.7%+1.2pp
FCF margin13.7%+1.2pp

Returns & leverage

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Return on equity12.6%-0.9pp

Where this comes from

Calculated from Markel’s reported figures.

Based on the most recent quarter.

The source filing: Markel’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001096343-26-000064

FAQ

What is Markel's debt-to-equity?
Markel (MKL) reported debt-to-equity of 0.2× in Q2 2026.
How has Markel's debt-to-equity changed year-over-year?
Markel's debt-to-equity decreased by 8.8% year-over-year, from 0.3× to 0.2×.
What is the long-term trend for Markel's debt-to-equity?
Over 5 years (2020 to 2025), Markel's debt-to-equity has grown at a -0.2% compound annual growth rate (CAGR), from 0.3× to 0.3×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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