Business Segments · Products expenses
Industrial — Products expenses
Markel Industrial — Products expenses increased by 1.8% to $359.95M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $326.04M to $359.95M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
An increase relative to revenue may indicate rising input costs or supply chain inefficiencies, while a decrease suggests improved production efficiency or favorable cost management.
Detailed definition
Represents the direct costs associated with the manufacturing, production, and procurement of physical goods sold within...
Peer comparison
Similar to Cost of Goods Sold (COGS) in manufacturing and industrial conglomerates.
Metric ID:
mkl_segment_industrial_products_expensesHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $358.16M | $358.16M | $358.16M | $358.16M | $364.92M | $339.75M | $326.04M | $366.28M | $365.96M | $353.71M | $359.95M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.9% | -6.9% | -4.0% | +12.3% | -0.1% | -3.3% | +1.8% |
| YoY Change | — | — | — | — | +1.9% | -5.1% | — | — | +0.3% | +4.1% | +10.4% |
Range$326.04M – $366.28M
CAGR+0.2%
Avg YoY Growth+2.3%
Median YoY Growth+1.9%
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Frequently Asked Questions
- What is Markel's industrial — products expenses?
- Markel (MKL) reported industrial — products expenses of $359.95M in Q1 2026.
- How has Markel's industrial — products expenses changed year-over-year?
- Markel's industrial — products expenses increased by 10.4% year-over-year, from $326.04M to $359.95M.
- What does industrial — products expenses mean?
- The total cost of producing and acquiring the physical goods sold by the industrial business segment.