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Markel MKL Business Segments

FY'25FY'24FY'23FY'22
Operating revenues by Business
Consumer and Other$1.38B$1.25B
Corporate and eliminations$112.22M$63.18M
Financial$736.96M$553.13M
Industrial$3.93B$3.73B
Markel Insurance$9.14B+1.8%$8.98B+3.4%$8.69B
Revenue from Contract with Customer by Product
Management Fees$161.89M+66.5%$97.23M$79.21M
Services$2.54B+9.1%$2.33B+2.3%$2.27B+1.5%$2.24B+13.6%

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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.