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Markel MKL Net margin

Net margin at other companies

W.R. Berkley logo
W.R. BerkleyWRB
12.6%+0.2pp
Berkshire Hathaway logo
Berkshire HathawayBRK.A
19.3%-2.5pp
American International Group logo
American International GroupAIG
11.9%+8.6pp
Arch Capital Group logo
Arch Capital GroupACGL
24.6%+3.9pp
Marsh logo
MarshMRSH
14.3%-1.9pp
KKR & Co. logo
KKR & Co.KKR
14.3%-0.1pp

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$23.38B+0.8%
Enterprise value$24.08B+2.9%
P/E13.2×+0.6×
P/S1.5×-0.1×

Profitability

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Operating margin16.4%-1.7pp

Returns & leverage

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Return on equity10.1%-1.2pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Markel’s reported figures.

Based on trailing twelve months.

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 net margin?
Markel (MKL) reported net margin of 11% in Q1 2026.
How has Markel's net margin changed year-over-year?
Markel's net margin decreased by 12.4% year-over-year, from 12.6% to 11%.
What is the long-term trend for Markel's net margin?
Over 2 years (2021 to 2025), Markel's net margin has grown at a -19.5% compound annual growth rate (CAGR), from 81.9% to 53.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.