What is Markel's markel insurance — intangible amortization?

Markel (MKL) reported markel insurance — intangible amortization of -$9.31M in Q4 2025.

How has Markel's markel insurance — intangible amortization changed year-over-year?

Markel's markel insurance — intangible amortization decreased by 6.5% year-over-year, from -$8.74M to -$9.31M.

What does markel insurance — intangible amortization mean?

This represents the systematic allocation of the cost of intangible assets over their estimated useful lives. It is a non-cash expense that reflects the gradual consumption of the value of acquired assets.

Markel MKL Markel Insurance — Intangible Amortization

Other segment segments

Financial

$60.7M—

Industrial

$60.11M—

Consumer & Other

$26.96M—

Corporate Operations

$0—

Similar metrics at other companies

KMPRLife Insurance — Intangible Amortization

$1.7M+6.3%

KKRInsurance — Amortization of Intangibles

$14.2M+202%

OBTBanking — Intangible Amortization

$71K0.0%

FMAOIntangible Asset Amortization

$305K-31.5%

FMNBBank — Intangible Amortization

$851K+19.5%

MEIMedical — Intangible Amortization

$0—

Other financials

Income statement

See full

Revenue$3.6B+0.1%

Operating income-$273.3M-197%

Net income-$212.3M-274%

EPS (diluted)-$18.90-256%

Balance sheet

See full

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

See full

Operating cash flow$15.9M-95.8%

CapEx$47.3M+16.1%

Free cash flow-$31.4M-109%

Valuation

See full

Market cap$24.44B-2.1%

Enterprise value$25.14B-1.8%

P/E13.8×+2.6×

P/S1.5×-0.1×

Profitability

See full

Operating margin16.4%-1.7pp

Net margin11%-1.6pp

FCF margin13.6%-0.8pp

Returns & leverage

See full

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 us-gaap:AmortizationOfIntangibleAssets.

The official record: Markel’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about Markel's markel insurance — intangible amortization.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Markel's markel insurance — intangible amortization?: Markel (MKL) reported markel insurance — intangible amortization of -$9.31M in Q4 2025.
How has Markel's markel insurance — intangible amortization changed year-over-year?: Markel's markel insurance — intangible amortization decreased by 6.5% year-over-year, from -$8.74M to -$9.31M.
What does markel insurance — intangible amortization mean?: This represents the systematic allocation of the cost of intangible assets over their estimated useful lives. It is a non-cash expense that reflects the gradual consumption of the value of acquired assets.