Stock research

Markel Group Inc. (MKL) Stock Research

Markel Group is a specialty insurer that also holds a diversified portfolio of investments and businesses.

For the fiscal year ended December 31, 2025, Markel Group Inc. reported revenue of $15.5B and net income of $2.1B, with operating cash flow of $2.8B. Source: Form 10-K filed February 26, 2026

SEC data as of

Revenue
$15.5B
FY ending 2025-12-31
Net income
$2.1B
FY ending 2025-12-31
Diluted EPS
$169.22
Net margin
13.6%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Markel

Exchange
NYSE: MKL
Sector
Financials
SEC industry
Fire, Marine & Casualty Insurance (SIC 6331)
Fiscal year end
December 31

MKL key financials

Reported figures from Markel Group Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$15.5B2025-01-01 – 2025-12-31SEC filing
Net income$2.1B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$2.8B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$169.222025-01-01 – 2025-12-31SEC filing
Net margin13.6%2025-01-01 – 2025-12-31SEC filing
Shares outstanding13MAs of 2026-02-04SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in MKL

Markel Group Inc. sits in Financials. Banks, insurers, asset managers, and exchanges — the plumbing of capital markets, geared directly to interest rates and credit. We have not yet written company-specific drivers for MKL; the forces that matter most for the sector are:

  • ◆The shape of the yield curve and net interest margins
  • ◆Credit quality and loan-loss provisions
  • ◆Regulation and capital requirements
  • ◆Deal activity and market volatility

Key questions for the MKL thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does MKL's reported profit turn into cash?

Operating cash flow was $2.8B, 1.31 times net income of $2.1B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 26, 2026

How much of MKL's revenue is left as profit?

Net income was 13.6% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 26, 2026

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Congressional trading in MKL

PoliticianTrade dateTypeOwnerAmountSource
John Delaney2026-08-25SaleDependent$100,001 - $250,000Filing #20035408
John Delaney2026-07-29SaleDependent$1,001 - $15,000Filing #20035118
John Delaney2026-07-28SaleDependent$1,001 - $15,000Filing #20035118
John Delaney2026-07-27SaleDependent$1,001 - $15,000Filing #20035118
John Delaney2026-07-24SaleDependent$1,001 - $15,000Filing #20035118
Thomas Kean2026-06-29SaleSelf$1,001 - $15,000Filing #20035003
Thomas Kean2026-06-02SaleSelf$1,001 - $15,000Filing #20035003
John Delaney2026-05-01PurchaseDependent$1,001 - $15,000Filing #20034718
John Delaney2026-04-30PurchaseDependent$1,001 - $15,000Filing #20034487
Thomas Kean2026-01-23SaleSelf$15,001 - $50,000Filing #20034025

All verified MKL congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

MKL — frequently asked questions

What does Markel Group Inc. do?

Markel Group is a specialty insurer that also holds a diversified portfolio of investments and businesses.

What were MKL's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Markel Group Inc. reported revenue of $15.5B and net income of $2.1B, with operating cash flow of $2.8B. The figures come from Markel Group Inc.'s SEC XBRL filings.

When does Markel Group Inc.'s fiscal year end?

The SEC lists Markel Group Inc.'s fiscal year end as December 31.

Do members of Congress trade MKL?

The current verified House and Senate snapshot contains 28 transaction rows for MKL, each linked to the original filing.

Is MKL a good investment?

This page does not rate MKL as a buy or sell. It sets out what Markel Group Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the MKL numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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