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Markel Group Inc. (MKL) stock

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NYSE: MKL NYSE Property & Casualty Insurance

Markel Group Inc. is a US-listed company in the property & casualty insurance industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Markel Group files

10-Q filed October 28: Markel

Revenue for the twelve months to September 2026 was $15.7bn, up 3.3% on a year earlier, about the same pace as a quarter earlier.

Our model value for Markel Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 29: Markel

Markel Group's revenue reached $15.7bn in the twelve months to June 2026, a rise of 3.3% on the year before. That growth rate was little changed from the prior quarter, suggesting the pace of expansion has steadied rather than accelerated or slipped. For a group of Markel's size, holding a consistent growth rate over successive periods points to a business that is neither losing momentum nor seeing a sudden surge in demand. The latest figures offer no sign of a meaningful shift in trajectory, with the twelve-month trend broadly in line with what preceded it.

10-Q on SEC EDGAR

Where Markel stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $15.5bn, up 3.5% on a year earlier, slower than 5.8% a quarter earlier. The diluted share count is down 2.4% on a year earlier, which lifts each remaining share.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Markel Group Inc.'s trailing-twelve-month revenue grew 3.3% year on year, with a free-cash-flow margin of 11.5%.

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 35% in the quarter to 2026-06-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 1.9% in a year, so each share owns more of the business.

Things to watch

  • Margins narrowing. Operating margin is down 4.0 points on a year ago.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$19.79 against an average estimate of $30.57: missed by 35.3%
Revenue
$4.16bn, up 5.7% on a year earlier
Next report
October 28, 2026; average EPS estimate $27.76

Markel Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.9%
  • 1 week+1.6%
  • 1 month+9.6%
  • This year-11.4%
  • 1 year-3.6%
  • 5 years+45.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$15.7B
Operating margin
15.7%
Net margin
11.4%
EPS (TTM, diluted)
$143.15

Growth

Revenue growth
+3.3%
Change in growth rate
−0.2 pts
Share count change
−1.9%

Earnings

Last results
February 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement
  3. Leadership
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

No model value for Markel Group Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Markel Group Inc. as an insurer, with every model that fits that kind of business. Cost of equity 7.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.65 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$2400 ~$1500–$3900 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$2500 ~$2100–$3100 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$2300 ~$1300–$3400 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$1900 ~$1600–$3300 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1100 ~$1000–$1500 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Markel Group Inc. with property, casualty and specialty insurers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

60 /100

Moderate moat

How hard Markel Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 2.8% of total assets over 10 years.

  • Durability 4 / 20

    Operating margin has been a median 15.5%; its worst year was 0.2%.

  • Discipline 15 / 20

    The diluted share count fell 9.4% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (65 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Markel Group Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $97.11 −13% $15.9bn +2%
Next $114.29 +18% $15.9bn +0%

Next year's EPS estimate has moved −2.3% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.8% on 90 days ago. In the last 30 days, 0 analysts raised Markel Group Inc.'s forecast and 5 cut it.

Consensus EPS forecast Markel Group Inc., last 90 days
$90.00 $100.00 $110.00 $120.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $107.67 Current fiscal year, 60 days ago: $94.08 Current fiscal year, 30 days ago: $94.08 Current fiscal year, 7 days ago: $94.08 Current fiscal year, Now: $97.11 $97.11 Next fiscal year, 90 days ago: $116.96 Next fiscal year, 60 days ago: $112.94 Next fiscal year, 30 days ago: $112.94 Next fiscal year, 7 days ago: $112.95 Next fiscal year, Now: $114.29 $114.29

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $107.67$116.96
60 days ago $94.08$112.94
30 days ago $94.08$112.94
7 days ago $94.08$112.95
Now $97.11$114.29

Earnings against estimates

Markel Group Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $30.57 $19.79 −35.3%
Mar 2026 $26.34 $23.55 −10.6%
Dec 2025 $25.73 $37.41 +45.4%
Sept 2025 $23.77 $31.61 +33.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, February 4, 2026

No numeric guidance in Markel Group Inc.'s latest earnings release (filed February 4, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

7 analysts, Oct 2026
Buy114%
Hold571%
Sell114%

Monthly trend

  1. Oct 20261517
  2. Sep 2026617
  3. Aug 2026617
  4. Jul 2026617

Counts of recommendations published by analysts covering Markel Group Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.3%
of tradable shares
Days to cover
3.69
at average volume
Short interest, 1 month
+1%
to October 15, 2026
Held by institutions
80%
of shares
Held by insiders
1.4%
of shares
Employees
22,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −3.6%

$1974.53 on October 31, 2025 to $1904.42

Markel Group Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $15.0bn $15.5bn +3.5%
Net margin 14.9% 14.7% −1.1%
P/E multiple 11.4x 10.5x −8.0%
Share count 13m 13m +2.5%

Biggest factor: p/e multiple.

Last 3 years +42.4%

$1336.97 on November 3, 2023 to $1904.42

Markel Group Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $15.1bn $15.5bn +3.0%
Net margin 12.8% 14.7% +14.6%
P/E multiple 9.3x 10.5x +12.4%
Share count 13m 13m +7.4%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Markel Group Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
MKL+19%+7%+8%+22%+25%−11%
Industry peers (median)+14%−3%+9%+31%+7%+10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MKL67%50%42%42%67%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MKL−11%−29%−17%−10%−19%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 45% from February 20, 2020 to March 23, 2020. Getting back needed a 81% gain, reached on March 14, 2022, 721 days after the low.

Price behaviour

52-week range
$1712.45 – $2191.90
From 52-week high
−13.1%
vs 50-day average
+5.8%
vs 200-day average
+0.5%
Volatility (1 year)
19%
Beta vs S&P 500
0.05

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 4 down
typical move ±5.5%
After a week
6 up, 4 down
typical move ±5.0%
After a month
5 up, 5 down
typical move ±5.5%
Markel Group Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
February 4, 2026 +2.8% −1.7% +3.0% −2.7%
October 29, 2025 +5.5% −1.1% +8.7% +13.2%
February 5, 2025 +12.1% +0.8% +3.3% +3.0%
January 31, 2024 −7.0% −0.3% −3.7% −0.5%
February 1, 2023 −7.5% +2.5% −2.6% −4.6%
February 2, 2022 −0.2% −1.4% −0.2% −0.3%
February 2, 2021 +5.9% +1.5% +11.0% +11.1%
February 4, 2020 +6.9% +2.7% +10.9% +4.3%
February 5, 2019 −4.5% +0.3% −3.2% −9.9%
February 8, 2017 +2.3% +0.7% +3.7% +5.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Markel Group Inc.
$14B $14.5B $15B $15.5B $16B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $14.3B Revenue (TTM), FY24 Q1: $15.1B Revenue (TTM), FY24 Q2: $14.7B Revenue (TTM), FY24 Q3: $15B Revenue (TTM), FY24 Q4: $15.6B Revenue (TTM), FY25 Q1: $14.7B Revenue (TTM), FY25 Q2: $15B Revenue (TTM), FY25 Q3: $15.2B Revenue (TTM), FY25 Q4: $15.5B Revenue (TTM), FY26 Q1: $15.5B Revenue (TTM), FY26 Q2: $15.5B Revenue (TTM), FY26 Q3: $15.7B $15.7B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $14.3B
FY24 Q1 $15.1B
FY24 Q2 $14.7B
FY24 Q3 $15B
FY24 Q4 $15.6B
FY25 Q1 $14.7B
FY25 Q2 $15B
FY25 Q3 $15.2B
FY25 Q4 $15.5B
FY26 Q1 $15.5B
FY26 Q2 $15.5B
FY26 Q3 $15.7B
Revenue growth, TTM YoY Markel Group Inc.
-10% 0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 22.3% Revenue growth, TTM YoY, FY24 Q1: 18.8% Revenue growth, TTM YoY, FY24 Q2: -2.7% Revenue growth, TTM YoY, FY24 Q3: -2.5% Revenue growth, TTM YoY, FY24 Q4: 9.1% Revenue growth, TTM YoY, FY25 Q1: -2.9% Revenue growth, TTM YoY, FY25 Q2: 2.2% Revenue growth, TTM YoY, FY25 Q3: 1.7% Revenue growth, TTM YoY, FY25 Q4: -0.5% Revenue growth, TTM YoY, FY26 Q1: 5.8% Revenue growth, TTM YoY, FY26 Q2: 3.5% Revenue growth, TTM YoY, FY26 Q3: 3.3% 3.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 22.3%
FY24 Q1 18.8%
FY24 Q2 -2.7%
FY24 Q3 -2.5%
FY24 Q4 9.1%
FY25 Q1 -2.9%
FY25 Q2 2.2%
FY25 Q3 1.7%
FY25 Q4 -0.5%
FY26 Q1 5.8%
FY26 Q2 3.5%
FY26 Q3 3.3%
Operating margin (TTM) Markel Group Inc.
15% 20% 25% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 20.5% Operating margin (TTM), FY24 Q1: 23.2% Operating margin (TTM), FY24 Q2: 20.1% Operating margin (TTM), FY24 Q3: 28.4% Operating margin (TTM), FY24 Q4: 23.8% Operating margin (TTM), FY25 Q1: 18.1% Operating margin (TTM), FY25 Q2: 22.4% Operating margin (TTM), FY25 Q3: 19.7% Operating margin (TTM), FY25 Q4: 20.6% Operating margin (TTM), FY26 Q1: 17.0% Operating margin (TTM), FY26 Q2: 19.9% Operating margin (TTM), FY26 Q3: 15.7% 15.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 20.5%
FY24 Q1 23.2%
FY24 Q2 20.1%
FY24 Q3 28.4%
FY24 Q4 23.8%
FY25 Q1 18.1%
FY25 Q2 22.4%
FY25 Q3 19.7%
FY25 Q4 20.6%
FY26 Q1 17.0%
FY26 Q2 19.9%
FY26 Q3 15.7%
FCF margin (TTM) Markel Group Inc.
10% 12% 14% 16% 18% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 17.7% FCF margin (TTM), FY24 Q1: 18.8% FCF margin (TTM), FY24 Q2: 18.3% FCF margin (TTM), FY24 Q3: 17.6% FCF margin (TTM), FY24 Q4: 15.0% FCF margin (TTM), FY25 Q1: 14.4% FCF margin (TTM), FY25 Q2: 13.7% FCF margin (TTM), FY25 Q3: 15.6% FCF margin (TTM), FY25 Q4: 16.5% FCF margin (TTM), FY26 Q1: 14.1% FCF margin (TTM), FY26 Q2: 13.7% FCF margin (TTM), FY26 Q3: 11.5% 11.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 17.7%
FY24 Q1 18.8%
FY24 Q2 18.3%
FY24 Q3 17.6%
FY24 Q4 15.0%
FY25 Q1 14.4%
FY25 Q2 13.7%
FY25 Q3 15.6%
FY25 Q4 16.5%
FY26 Q1 14.1%
FY26 Q2 13.7%
FY26 Q3 11.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Markel Group Inc.: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 2.1 2.2 2.6 3.0 4.3 5.1 5.4 5.6 6.1 6.8 9.5 9.7 12.8 11.7 14.3 14.8 15.5 15.7
EBITDA 0.3 0.4 0.3 0.5 0.7 0.8 1.1 1.0 0.4 0.3 2.7 1.6 3.6 0.2 3.2 4.1 3.5 —
Operating income 0.3 0.4 0.3 0.4 0.5 0.6 0.9 0.8 0.2 0.0 2.5 1.3 3.2 −0.1 2.9 3.7 3.2 2.5
Net income 0.2 0.3 0.1 0.3 0.3 0.3 0.6 0.5 0.4 −0.1 1.8 0.8 2.4 −0.2 2.0 2.7 2.1 1.8
Diluted EPS $20.52 $27.27 $14.60 $25.89 $22.48 $22.27 $41.74 $31.27 $25.81 −$9.55 $129.07 $55.63 $176.38 −$23.72 $146.98 $199.32 $169.22 $143.15
Growth (year on year)
Revenue +4.7% +7.5% +18.2% +14.1% +44.1% +18.8% +4.6% +4.5% +8.0% +12.9% +39.2% +2.2% +32.0% −9.1% +22.3% +3.7% +4.7% +3.3%
EBITDA — +49.0% −17.9% +41.8% +35.3% +14.4% +39.4% −5.8% −57.9% −36.4% +926.4% −42.4% +126.3% −94.0% — +24.8% −12.6% —
Operating income — +46.1% −25.1% +46.4% +17.5% +17.3% +54.2% −6.4% −73.1% −81.6% — −48.6% +154.5% −102.9% — +26.8% −13.9% −17.7%
Net income — +32.3% −46.8% +78.4% +10.9% +14.3% +81.4% −21.8% −13.3% −132.4% — −54.4% +196.9% −108.9% — +37.6% −23.3% −13.8%
Diluted EPS — +32.9% −46.5% +77.3% −13.2% −0.9% +87.4% −25.1% −17.5% −137.0% — −56.9% +217.1% −113.4% — +35.6% −15.1% −12.1%
Margins
EBITDA margin 13.7% 19.0% 13.2% 16.4% 15.4% 14.8% 19.8% 17.8% 6.9% 3.9% 28.8% 16.2% 27.9% 1.9% 22.7% 27.4% 22.8% —
Operating margin 12.2% 16.6% 10.5% 13.5% 11.0% 10.9% 16.0% 14.3% 3.6% 0.6% 26.0% 13.1% 25.2% −0.8% 20.5% 25.1% 20.6% 15.7%
Net margin 9.7% 12.0% 5.4% 8.4% 6.5% 6.3% 10.9% 8.1% 6.5% −1.9% 18.8% 8.4% 18.9% −1.9% 14.0% 18.5% 13.6% 11.4%
Free-cash-flow margin 12.6% 8.1% 9.6% 11.6% 16.1% 12.4% 10.6% 8.4% 12.9% 11.5% 12.1% 16.8% 16.6% 21.0% 17.7% 15.8% 16.5% 11.5%
Cash flow
Cash from operations 0.3 0.2 0.3 0.4 0.7 0.7 0.7 0.5 0.9 0.9 1.3 1.7 2.3 2.7 2.8 2.6 2.8 2.1
Capital spending 0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.3 0.3 0.2 0.3
Free cash flow 0.3 0.2 0.3 0.3 0.7 0.6 0.6 0.5 0.8 0.8 1.2 1.6 2.1 2.5 2.5 2.3 2.6 1.8
Balance sheet
Cash 0.9 0.7 0.7 0.9 2.0 2.0 2.6 1.7 2.2 2.0 3.1 4.3 4.0 4.1 3.7 3.7 4.0 3.6
Total debt 1.0 1.0 1.3 1.5 2.3 2.3 2.2 2.6 3.1 3.0 3.5 3.5 4.4 4.1 3.8 4.3 4.3 4.4
Net debt (negative = net cash) 0.1 0.3 0.6 0.6 0.3 0.3 −0.4 0.8 0.9 1.0 0.5 −0.9 0.4 −0.0 0.0 0.6 0.3 0.8
Diluted shares 10m 10m 10m 10m 13m 14m 14m 14m 14m 14m 14m 14m 14m 14m 13m 13m 13m 13m
Returned to shareholders
Buybacks 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.2 0.3 0.4 0.6 0.4 0.8
Total returned 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.2 0.3 0.4 0.6 0.4 0.8

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$771M
Returned to shareholders
43%
of free cash flow
Buybacks, last 3 fiscal years
$1.4B
Diluted share count
−1.9%
year over year
Total shareholder yield
3.3%
dividends 0.0% + buybacks 3.3% of market value

Competitors: side by side with peers

Closest by revenue in property & casualty insurance
Growth, margins and cash generation against peers
Last 12 months unless stated MKL FNF CNA WRB CINF ACGL Median
Revenue, last 12 months $15.7bn $15.4bn $15.2bn $14.9bn $13.3bn $19.2bn $1.7bn
Revenue growth, last 12 months 3.3% 13.0% 2.1% 1.5% 9.9% 0.4% 7.7%
Revenue growth, 3-year average 0.8% 10.8% 5.5% 7.6% 10.8% 17.7% 8.9%
Revenue growth, latest quarter 5.7% 11.4% 0.1% −0.8% −18.2% −10.5% 4.7%
Net margin 11.4% 5.0% 6.8% 12.5% 20.1% 24.4% 10.8%
Cash from operations / revenue 13.0% 36.2% 15.0% 21.5% 23.3% 31.7% 18.0%
Free-cash-flow margin 11.5% 30.5% 14.4% 21.9% 23.2% 31.5% 17.5%
Free-cash-flow margin, 3-year average 14.9% 39.9% 15.9% 24.6% 22.4% 35.5% 16.2%
Stock pay / revenue — 0.6% — 0.4% 0.5% 0.8% 0.6%
Change in share count −1.9% −1.4% −0.1% −1.6% −0.6% −5.0% −0.7%

Median of all 49 companies we cover in property & casualty insurance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Reported value
$19.1B
Institutions reporting
922
Shares held vs prior quarter
▲ 1.4%
Positions opened / closed
92 / 88

Top buyers and sellers, Q2 2026: 411 institutions bought and 403 sold ; the biggest buyer was Check Capital Management Inc (+161K shares) and the biggest seller T. Rowe Price Investment Management, Inc (−155K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.4B 698K 7.1% ▼ 1.8%
Vanguard Capital Management LLC $1.1B 546K 5.6% ▲ 0.2%
Vanguard Portfolio Management LLC $1B 522K 5.3% ▼ 0.4%
Davis Selected Advisers $794M 407K 4.2% ▲ 6.1%
Morgan Stanley $685M 351K 3.6% ▼ 1.8%
Select Equity Group, L.P. $648M 332K 3.4% ▼ 12.2%
State Street Corp $610M 312K 3.2% ▲ 1.7%
Principal Financial Group Inc $601M 308K 3.1% ▼ 23.4%
Boston Partners $601M 308K 3.1% ▲ 22.5%
Check Capital Management Inc $464M 238K 2.4% ▲ 209.1%
Van Lanschot Kempen Investment Management N.V. $450M 231K 2.4% ▲ 2.0%
Geode Capital Management, LLC $418M 215K 2.2% ▼ 3.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Markel Group Inc.'s complete shareholder register. Values are as reported by the filers ; 3 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Harris Greta J Director May 22, 2026 Sell 14 $1847.36 $25,863
Harris Greta J Director May 22, 2026 Sell 35 $1846.12 $64,614
Harris Greta J Director May 22, 2026 Sell 27 $1848.83 $49,918
Leopold Diane Director May 7, 2026 Buy 50 $1789.19 $89,460
Leopold Diane Director May 6, 2026 Buy 100 $1792.61 $179,261
Puckett A. Lynne Director May 1, 2026 Buy 57 $1795.53 $102,345
Wilson Simon EVP and CEO, Markel Insurance February 26, 2026 Sell 100 $2079.48 $207,948
Markel Steven A Director December 11, 2025 Sell pre-set plan 50 $2103.55 $105,178
Markel Steven A Director December 11, 2025 Sell pre-set plan 64 $2100.00 $134,400
Markel Steven A Director December 11, 2025 Sell pre-set plan 70 $2108.27 $147,579
Markel Steven A Director December 11, 2025 Sell pre-set plan 120 $2129.98 $255,598
Markel Steven A Director December 11, 2025 Sell pre-set plan 10 $2128.00 $21,280

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 47 trades and filings

In the last 12 months, 2 members of Congress disclosed 3 purchases and 8 sales of Markel Group Inc. shares.

  • April McClain Delaney(D-MD 6):Sale (full), $100,001 - $250,000, traded August 25, 2026, filed September 9, 2026
  • April McClain Delaney(D-MD 6):Sale (partial), $1,001 - $15,000, traded July 29, 2026, filed August 3, 2026
  • April McClain Delaney(D-MD 6):Sale (partial), $1,001 - $15,000, traded July 28, 2026, filed August 3, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

  • February 4, 2026
  • October 29, 2025
  • February 5, 2025
  • January 31, 2024
  • February 1, 2023
  • February 2, 2022

Recent SEC filings

Data status

When each part of this page on Markel Group Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Markel Group Inc. in brief

What does Markel Group Inc. do?
Markel Group Inc. is a US-listed company in the property & casualty insurance industry. Its financial year ends in December.
What is Markel Group Inc.'s stock ticker?
Markel Group Inc. trades under the ticker MKL on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Markel Group Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Markel Group Inc. reported revenue of $15.7B, 3.3% higher than a year earlier, according to its SEC filings.
What is Markel Group Inc.'s free cash flow?
Markel Group Inc.'s free-cash-flow margin is 11.5% of revenue over the trailing twelve months.
Who are Markel Group Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Markel Group Inc. buying back stock, and does it pay a dividend?
Markel Group Inc. spent $771M on share repurchases over the trailing twelve months, and its diluted share count fell 1.9% over the year.
What is Markel Group Inc.'s market cap?
On November 2, 2026, Markel Group Inc.'s market capitalisation was about $23.8B, with a price-to-earnings ratio of 13.3 and net debt of $758M. Market figures come from third-party market data and may be delayed.
Who are Markel Group Inc.'s competitors?
In our Property & Casualty Insurance peer group, the companies closest to Markel Group Inc. are Fidelity National Financial, Inc., CNA Financial Corp, W. R. Berkley Corporation, Cincinnati Financial and Arch Capital Group. The side-by-side comparison below sets their revenue, margins and growth against Markel Group Inc.'s.
Are insiders buying or selling Markel Group Inc. stock?
Over the last 12 months, Markel Group Inc.'s directors and officers reported 3 open-market purchases and 23 sales on Form 4. The insider trading page charts every trade.