Markel Group (MKL)
Combines specialty insurance with decentralized industrial, financial-services, and consumer businesses.
$1,763.36
After hours+1.06 (+0.06%)
At close$1,762.30(−0.70%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,414 | 4,561 | 4,518 | 3,711 | 4,500 | 3,841 | 3,326 | 4,411 | 4,387 | 4,220 | 3,551 | 5,196 |
| Cost of revenue | 2,011 | 2,189 | 1,825 | 1,844 | 1,900 | 1,242 | 1,822 | 1,963 | 1,976 | 1,283 | 1,167 | 2,123 |
| Gross profit | 1,403 | 2,372 | 2,694 | 1,867 | 2,600 | 2,599 | 1,504 | 2,448 | 2,411 | 2,937 | 2,384 | 3,073 |
| 1,336 | 1,365 | 1,352 | 1,501 | 1,393 | 1,876 | 1,346 | 1,586 | 1,433 | 2,203 | 2,657 | 1,555 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,886 | 1,660 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,886 | 1,660 |
| Other expenses | 1,336 | 1,365 | 1,352 | 1,501 | 1,393 | 1,876 | 1,346 | 1,586 | 1,433 | 2,203 | 771 | −105 |
| Operating income | 68 | 1,007 | 1,342 | 366 | 1,206 | 724 | 158 | 862 | 978 | 734 | −273 | 1,518 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | |
| Interest income | 196 | 218 | 223 | 227 | 240 | 247 | 243 | 236 | 248 | 262 | 0 | 0 |
| Interest expense | 45 | 44 | 46 | 53 | 53 | 53 | 52 | 53 | 51 | 50 | 51 | 52 |
| Other non-operating income | −45 | −44 | −46 | −53 | −53 | −53 | −52 | −53 | −51 | −50 | 0 | −52 |
| Income before tax | 68 | 1,007 | 1,342 | 366 | 1,206 | 724 | 158 | 862 | 978 | 734 | −270 | 1,518 |
| Income tax expense | 14 | 213 | 293 | 76 | 259 | 162 | 28 | 185 | 215 | 152 | −66 | 333 |
| Net income from continuing operations | 53 | 794 | 1,049 | 290 | 947 | 561 | 129 | 677 | 764 | 582 | −204 | 1,185 |
| Net income | 43 | 769 | 1,025 | 268 | 905 | 549 | 122 | 657 | 751 | 577 | −212 | 1,169 |
| EPS, basic | $6.14 | $56.67 | $75.56 | $18.66 | $66.40 | $38.83 | $12.11 | $49.80 | $59.44 | $48.95 | −$18.90 | $93.08 |
| EPS, diluted | $6.12 | $56.48 | $75.43 | $18.62 | $66.25 | $38.74 | $12.08 | $49.67 | $59.25 | $48.75 | −$18.90 | $92.76 |
| Weighted average shares, basic | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | 11 | 11 |
| Weighted average shares, diluted | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | 11 | 11 |
| EBITDA | 160 | 1,095 | 1,432 | 463 | 1,306 | 823 | 257 | 967 | 1,073 | 827 | −230 | 1,614 |
| Depreciation & amortization | 48 | 44 | 44 | 44 | 46 | 46 | 47 | 51 | 44 | 43 | 44 | 43 |
| EBIT | 112 | 1,051 | 1,387 | 419 | 1,260 | 776 | 210 | 915 | 1,029 | 784 | −273 | 1,571 |
