Markel MKL Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 78.5%-17.1pp | 95.6%— | —— | —— | |
| Net margin | 53.2%-15.4pp | 68.6%— | —— | —— | |
| EBITDA margin | 87.4%-17.0pp | 104.4%— | —— | —— | |
| Free cash flow margin | 58.5%-11.2pp | 69.7%-0.4pp | 70.1%-8.8pp | 78.8%+15.5pp | |
| Returns | |||||
| Return on equity | 48.4%-19.1pp | 67.6%— | —— | —— | |
| Return on assets | 13%-5.3pp | 18.3%— | —— | —— | |
| Return on invested capital | 54.1%-18.5pp | 72.6%— | —— | —— | |
| Efficiency | |||||
| Asset turnover | 1×-0.1× | 1.1×-0.1× | 1.1×+0.2× | 1×-0.2× | |
| Leverage | |||||
| Debt-to-equity | 1×-0.1× | 1.1×0.0× | 1.1×-0.2× | 1.4×+0.1× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×0.0× | |
| Net debt / EBITDA | 0.6×-0.2× | 0.8×— | —— | —— | |
| Interest coverage | 58.4×-16.8× | 75.1×— | —— | —— | |
| Valuation | |||||
| Market capitalization | $100.39B+20.4% | $83.37B+12.8% | $73.92B+5.6% | $69.97B+7.6% | |
| Enterprise value | $102.52B+18.8% | $86.33B+17.6% | $73.4B+1.3% | $72.42B+9.0% | |
| Price / earnings | 48.7×+16.0× | 32.7×— | —— | —— | |
| Price / sales | 6.5×+0.9× | 5.5×+0.4× | 5.2×-0.9× | 6×+0.9× | |
| Price / book | 5.6×+0.6× | 5.1×-0.1× | 5.2×-0.1× | 5.3×+0.7× | |
| EV / EBITDA | 30.3×+8.0× | 22.2×— | —— | —— | |
| EV / sales | 6.6×+0.9× | 5.7×+0.6× | 5.1×-1.1× | 6.3×+1.0× | |
| Free cash flow yield | 36.2%-14.3pp | 50.6%-3.8pp | 54.3%+1.6pp | 52.7%+3.7pp | |
| Earnings yield | 32.9%-16.8pp | 49.7%— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Markel's ratios come from?
- Every ratio is computed from Markel's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
