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Markel MKL Price / book

Price / book at other companies

W.R. Berkley logo
W.R. BerkleyWRB
2.5×-0.5×
Berkshire Hathaway logo
Berkshire HathawayBRK.A
1.5×-0.3×
American International Group logo
American International GroupAIG
-0.2×
Arch Capital Group logo
Arch Capital GroupACGL
1.4×-0.3×
KKR & Co. logo
KKR & Co.KKR
2.7×-1.0×
Arthur J. Gallagher logo
Arthur J. GallagherAJG
2.3×-1.6×

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
Net margin11%-1.6pp

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 the most recent quarter.

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 price / book?
Markel (MKL) reported price / book of 1.3× in Q1 2026.
How has Markel's price / book changed year-over-year?
Markel's price / book decreased by 4.6% year-over-year, from 1.4× to 1.3×.
What is the long-term trend for Markel's price / book?
Over 4 years (2021 to 2025), Markel's price / book has grown at a 4.9% compound annual growth rate (CAGR), from 4.7× to 5.6×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.