Discontinued — last reported Q4 '23
Business Segments · Intangible Amortization
Other — Intangible Amortization
Markel Other — Intangible Amortization decreased by 0.1% to $24.41M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $24.82M to $24.41M. Over 2 years (FY 2021 to FY 2023), Other — Intangible Amortization shows relatively stable performance with a -2.3% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toD&A
How to read this metric
This is a non-cash charge; high levels reflect significant historical M&A activity and the resulting accounting impact on earnings.
Detailed definition
Represents the non-cash expense related to the gradual write-down of intangible assets, such as customer relationships o...
Peer comparison
Standard 'Amortization of Intangibles' found in companies with active acquisition strategies.
Metric ID:
mkl_segment_other_amortization_of_intangible_assetsHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25.87M | $25.73M | $25.53M | $25.12M | $24.95M | $24.85M | $24.82M | $24.85M | $24.56M | $24.43M | $24.41M |
| QoQ Change | — | -0.6% | -0.8% | -1.6% | -0.7% | -0.4% | -0.1% | +0.1% | -1.1% | -0.6% | -0.1% |
| YoY Change | — | — | — | — | -3.6% | -3.4% | -2.8% | -1.1% | -1.5% | -1.7% | -1.7% |
Range$24.41M – $25.87M
CAGR-2.3%
Avg YoY Growth-2.2%
Median YoY Growth-1.7%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Markel's other — intangible amortization?
- Markel (MKL) reported other — intangible amortization of $24.41M in Q4 2023.
- How has Markel's other — intangible amortization changed year-over-year?
- Markel's other — intangible amortization decreased by 1.7% year-over-year, from $24.82M to $24.41M.
- What is the long-term trend for Markel's other — intangible amortization?
- Over 2 years (2021 to 2023), Markel's other — intangible amortization has grown at a -2.3% compound annual growth rate (CAGR), from $102.97M to $98.24M.
- What does other — intangible amortization mean?
- The non-cash cost of expensing acquired intangible assets over their useful life.