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Markel MKL Financial — Attritional Current Year Claims and Claims Adjustment Expense

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Other financials

Income statement

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Revenue$3.6B+0.1%
Operating income-$273.3M-197%
Net income-$212.3M-274%
EPS (diluted)-$18.90-256%

Balance sheet

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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

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Operating cash flow$15.9M-95.8%
CapEx$47.3M+16.1%
Free cash flow-$31.4M-109%

Valuation

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Market cap$24.44B-2.1%
Enterprise value$25.14B-1.8%
P/E13.8×+2.6×
P/S1.5×-0.1×

Profitability

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Operating margin16.4%-1.7pp
Net margin11%-1.6pp
FCF margin13.6%-0.8pp

Returns & leverage

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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 mkl:AttritionalCurrentYearClaimsAndClaimsAdjustmentExpense.

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

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Questions, answered.

What is Markel's financial — attritional current year claims and claims adjustment expense?
Markel (MKL) reported financial — attritional current year claims and claims adjustment expense of $49.94M in Q1 2026.
How has Markel's financial — attritional current year claims and claims adjustment expense changed year-over-year?
Markel's financial — attritional current year claims and claims adjustment expense increased by 15.6% year-over-year, from $43.19M to $49.94M.
What does financial — attritional current year claims and claims adjustment expense mean?
The expected losses and associated adjustment expenses for the current accident year, excluding large, unpredictable catastrophe events. This measures the underlying profitability and loss experience of the core insurance book.