Markel MKL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues by Business | ||||||
| Consumer and Other | $280.5M-2.5% | $274.49M+4.2% | $291.41M+9.8% | $529.23M— | $287.79M— | |
| Corporate and eliminations | $23.84M-7.1% | $28.17M+2.4% | $33.27M-1.1% | $25.12M— | $25.66M— | |
| Financial | $161.53M-9.5% | $224.13M+40.7% | $161.5M+16.3% | $172.85M— | $178.48M— | |
| Industrial | $883.06M+6.4% | $1.03B+3.8% | $1.05B+5.2% | $1.02B— | $829.57M— | |
| Markel Insurance | $2.2B-1.1% | $2.45B+7.5% | $2.4B+6.2% | $2.07B+3.0% | $2.23B-8.6% | |
| Revenue from Contract with Customer by Product | ||||||
| Management Fees | $41.55M+60.6% | $76.1M+163% | $30.34M+17.3% | $29.58M+31.2% | $25.87M+29.8% | |
| Services | $546.43M+7.0% | $693.74M+8.5% | $681.39M+11.1% | $650.64M+13.6% | $510.75M+2.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Markel break its business down?
- Markel (MKL) reports operating revenues by business across 5 parts — Consumer and Other, Corporate and eliminations, Financial, Industrial and Markel Insurance. Each is extracted from the segment footnotes and tracked over time.
- Where does Markel's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Markel's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
