What is Markel's pre-tax income?

Markel (MKL) reported pre-tax income of -$269.94M in Q1 2026.

How has Markel's pre-tax income changed year-over-year?

Markel's pre-tax income decreased by 271.1% year-over-year, from $157.75M to -$269.94M.

What is the long-term trend for Markel's pre-tax income?

Over 3 years (2021 to 2025), Markel's pre-tax income has grown at a -4.4% compound annual growth rate (CAGR), from $3.13B to $2.73B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Markel MKL Pre-Tax Income

Pre-Tax Income at other companies

W.R. BerkleyWRB

$616.1M+14.4%

RLIRLI

$67.34M-14.4%

Berkshire HathawayBRK.A

$12.32B+139%

Global Indemnity Group, LLC GBLI

$5.52M+208%

Skyward Specialty Insurance Group, Inc.SKWD

$62.08M+20.7%

Tiptree Inc.TIPT

——

Other financials

Income statement

See full

Revenue$3.6B+0.1%

Operating income-$273.3M-197%

Net income-$212.3M-274%

EPS (diluted)-$18.90-256%

Balance sheet

See full

Cash & equivalents$3.7B-12.2%

Total debt$4.4B-0.2%

Total equity$18.1B+5.7%

Total assets$68.6B+6.2%

Cash flow

See full

Operating cash flow$15.9M-95.8%

CapEx$47.3M+16.1%

Free cash flow-$31.4M-109%

Valuation

See full

Market cap$24.44B-2.1%

Enterprise value$25.14B-1.8%

P/E13.8×+2.6×

P/S1.5×-0.1×

Profitability

See full

Operating margin16.4%-1.7pp

Net margin11%-1.6pp

FCF margin13.6%-0.8pp

Returns & leverage

See full

Return on equity10.1%-1.2pp

Debt / equity0.2×0.0×

Where this comes from

Reported directly by Markel in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Markel’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Markel's pre-tax income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Markel's pre-tax income?: Markel (MKL) reported pre-tax income of -$269.94M in Q1 2026.
How has Markel's pre-tax income changed year-over-year?: Markel's pre-tax income decreased by 271.1% year-over-year, from $157.75M to -$269.94M.
What is the long-term trend for Markel's pre-tax income?: Over 3 years (2021 to 2025), Markel's pre-tax income has grown at a -4.4% compound annual growth rate (CAGR), from $3.13B to $2.73B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.