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Markel MKL Markel Insurance — Services and other expenses

Other segment segments

Industrial
$473.82M
Consumer and Other
$83.26M
Financial
$45.77M
Corporate and eliminations
$20.83M

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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: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 markel insurance — services and other expenses?
Markel (MKL) reported markel insurance — services and other expenses of $5.11M in Q1 2026.
How has Markel's markel insurance — services and other expenses changed year-over-year?
Markel's markel insurance — services and other expenses decreased by 37.6% year-over-year, from $8.18M to $5.11M.
What is the long-term trend for Markel's markel insurance — services and other expenses?
Over 2 years (2023 to 2025), Markel's markel insurance — services and other expenses has grown at a 14.0% compound annual growth rate (CAGR), from $21.66M to $28.17M.
What does markel insurance — services and other expenses mean?
Captures the operational costs associated with providing professional services, consulting, or administrative support functions within the insurance segment. These expenses are distinct from core underwriting and claims management costs.