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Markel MKL Industrial — Products expenses

Other segment segments

Consumer and Other
$157.48M
Corporate and eliminations
$0
Financial
$0
Markel Insurance
$0

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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:Productsexpenses.

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 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?
Represents the direct costs associated with the manufacturing, production, and procurement of physical goods sold within the industrial segment. This includes raw materials, labor, and overhead directly attributable to the product lines.