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

Markel (MKL) reported consulting — services and other revenues of $70.84M in Q4 2024.

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

Markel's consulting — services and other revenues decreased by 4.6% year-over-year, from $74.28M to $70.84M.

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

Over 3 years (2021 to 2024), Markel's consulting — services and other revenues has grown at a 0.6% compound annual growth rate (CAGR), from $277.90M to $283.34M.

What does consulting — services and other revenues mean?

The total revenue earned from professional consulting and related service activities within the company's non-insurance business segment.

Discontinued — last reported Q4 '24

Products & Services · Services and other revenues

Consulting — Services and other revenues

Markel Consulting — Services and other revenues remained flat by 0.0% to $70.84M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $74.28M to $70.84M. Over 3 years (FY 2021 to FY 2024), Consulting — Services and other revenues shows relatively stable performance with a 0.6% 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 or higher demand for the company's professional services, while a decrease may indicate market saturation, reduced client spending, or a strategic shift away from these service offerings.

Detailed definition

This metric represents the total revenue generated from professional consulting services and ancillary business activiti...

Peer comparison

Comparable to professional services revenue or non-core segment service fees reported by diversified holding companies or conglomerates with specialized consulting arms.

Metric ID: mkl_segment_consulting_services_and_other_revenues

Historical Data

4 years

	FY'21	FY'22	FY'23	FY'24
Value	$277.90M	$326.55M	$297.12M	$283.34M
YoY Change	—	+17.5%	-9.0%	-4.6%

Range$277.90M – $326.55M

CAGR+0.6%

Avg YoY Growth+1.3%

Median YoY Growth-4.6%

Current Streak2 years decline

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Frequently Asked Questions

What is Markel's consulting — services and other revenues?: Markel (MKL) reported consulting — services and other revenues of $70.84M in Q4 2024.
How has Markel's consulting — services and other revenues changed year-over-year?: Markel's consulting — services and other revenues decreased by 4.6% year-over-year, from $74.28M to $70.84M.
What is the long-term trend for Markel's consulting — services and other revenues?: Over 3 years (2021 to 2024), Markel's consulting — services and other revenues has grown at a 0.6% compound annual growth rate (CAGR), from $277.90M to $283.34M.
What does consulting — services and other revenues mean?: The total revenue earned from professional consulting and related service activities within the company's non-insurance business segment.