What is Markel's construction — services and other revenues?

Markel (MKL) reported construction — services and other revenues of $522.32M in Q4 2024.

How has Markel's construction — services and other revenues changed year-over-year?

Markel's construction — services and other revenues increased by 2.3% year-over-year, from $510.58M to $522.32M.

What is the long-term trend for Markel's construction — services and other revenues?

Over 3 years (2021 to 2024), Markel's construction — services and other revenues has grown at a 10.4% compound annual growth rate (CAGR), from $1.55B to $2.09B.

What does construction — services and other revenues mean?

Revenue earned from providing services and support activities within the construction business segment.

Discontinued — last reported Q4 '24

Products & Services · Services and other revenues

Construction — Services and other revenues

Markel Construction — Services and other revenues remained flat by 0.0% to $522.32M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $510.58M to $522.32M. Over 3 years (FY 2021 to FY 2024), Construction — Services and other revenues shows an upward trend with a 10.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ1 2019

Last reportedQ4 2024

How to read this metric

An increase suggests successful expansion of service-based offerings or higher demand for maintenance and support, while a decrease may indicate a contraction in service volume or a shift in the segment's business model.

Detailed definition

This metric represents the total revenue generated from service-based activities, maintenance, and ancillary operations...

Peer comparison

Comparable to service revenue or 'other income' lines in industrial and construction conglomerates, often benchmarked against service-to-product revenue ratios in similar engineering and construction firms.

Metric ID: mkl_segment_construction_services_and_other_revenues

Historical Data

4 years

	FY'21	FY'22	FY'23	FY'24
Value	$1.55B	$1.91B	$2.04B	$2.09B
YoY Change	—	+22.9%	+6.9%	+2.3%

Range$1.55B – $2.09B

CAGR+10.4%

Avg YoY Growth+10.7%

Median YoY Growth+6.9%

Current Streak3+ years growth

Similar Metrics at Other Companies

Sterling Infrastructure, Inc.STRL View metric

MKS InstrumentsMKSI View metric

LennarLEN View metric

EMCOR GroupEME View metric

CNP

CenterPoint EnergyCNP View metric

Frequently Asked Questions

What is Markel's construction — services and other revenues?: Markel (MKL) reported construction — services and other revenues of $522.32M in Q4 2024.
How has Markel's construction — services and other revenues changed year-over-year?: Markel's construction — services and other revenues increased by 2.3% year-over-year, from $510.58M to $522.32M.
What is the long-term trend for Markel's construction — services and other revenues?: Over 3 years (2021 to 2024), Markel's construction — services and other revenues has grown at a 10.4% compound annual growth rate (CAGR), from $1.55B to $2.09B.
What does construction — services and other revenues mean?: Revenue earned from providing services and support activities within the construction business segment.