What is Markel's net realized gains (losses)?

Markel (MKL) reported net realized gains (losses) of $269.02M in Q4 2025.

How has Markel's net realized gains (losses) changed year-over-year?

Markel's net realized gains (losses) decreased by 40.5% year-over-year, from $451.80M to $269.02M.

What is the long-term trend for Markel's net realized gains (losses)?

Over 4 years (2021 to 2025), Markel's net realized gains (losses) has grown at a -14.1% compound annual growth rate (CAGR), from $1.98B to $1.08B.

What does net realized gains (losses) mean?

Profits or losses recognized when investment assets are sold.

Operating

Net realized gains (losses)

Markel Net realized gains (losses) remained flat by 0.0% to $269.02M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 40.5%, from $451.80M to $269.02M. Over 4 years (FY 2021 to FY 2025), Net realized gains (losses) shows a downward trend with a -14.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement

SectionOperating

CategoryProfitability

SignalHigher is better

VolatilityVolatile

First reportedQ1 2013

Last reportedQ4 2025Feb 26, 2026

How to read this metric

Positive values indicate successful investment liquidation, while negative values suggest portfolio underperformance or strategic rebalancing.

Detailed definition

This captures the actual gains or losses realized upon the sale of investment securities within the company's portfolio....

Peer comparison

Standard for insurers with significant investment portfolios; varies based on market conditions.

Metric ID: operating_realized_investment_gains_losses

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$1.98B	-$1.60B	$1.52B	$1.81B	$1.08B
YoY Change	—	-180.7%	+195.5%	+18.6%	-40.5%

Range-$1.60B – $1.98B

CAGR-14.1%

Avg YoY Growth-1.8%

Median YoY Growth-10.9%

Net realized gains (losses) at Other Companies

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Frequently Asked Questions

What is Markel's net realized gains (losses)?: Markel (MKL) reported net realized gains (losses) of $269.02M in Q4 2025.
How has Markel's net realized gains (losses) changed year-over-year?: Markel's net realized gains (losses) decreased by 40.5% year-over-year, from $451.80M to $269.02M.
What is the long-term trend for Markel's net realized gains (losses)?: Over 4 years (2021 to 2025), Markel's net realized gains (losses) has grown at a -14.1% compound annual growth rate (CAGR), from $1.98B to $1.08B.
What does net realized gains (losses) mean?: Profits or losses recognized when investment assets are sold.