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Markel MKL Industrial — Services and other expenses

Other segment segments

Consumer and Other
$83.26M
Financial
$45.77M
Corporate and eliminations
$20.83M
Markel Insurance
$5.11M

Similar metrics at other companies

Suncoke Energy logo
SXCIndustrial Services — Cost of products sold and other expenses
$0
Suncoke Energy logo
SXCIndustrial Services — Operating and maintenance expense
$55.8M+299%
Littelfuse logo
LFUSIndustrial — Other segment expenses
$103.05M+42.9%
Coherent logo
COHRIndustrial — Total Costs & Expenses
$364.83M-15.7%
ESO
ESOAIndustrial Construction — Other Cost And Expense Operating
$1.09M+10.8%
Suncoke Energy logo
SXCIndustrial Services — Selling, general and administrative expenses
$8.9M+2,867%

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:Servicesandotherexpenses.

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 — services and other expenses?
Markel (MKL) reported industrial — services and other expenses of $473.82M in Q1 2026.
How has Markel's industrial — services and other expenses changed year-over-year?
Markel's industrial — services and other expenses increased by 6.5% year-over-year, from $444.78M to $473.82M.
What does industrial — services and other expenses mean?
Captures the operating costs incurred to deliver service-based offerings and other non-manufacturing activities within the industrial segment. This includes personnel, administrative support, and operational overhead required to maintain service delivery.