Markel Corporation MKL
Insurance - Property & Casualty, Financial Services
$1,728.20
−0.58%
- Market cap
- $21.4B
- PE
- 9.5×
- 10y median 14.1×
- Forward PE
- Price to sales
- 1.4×
- EV/EBIT
- 6.5×
- Revenue, 12 months
- $15.5B
- −3% on a year ago
- Net margin
- 14.7%
- Free cash flow yield
- 9.9%
Markel trades at 9.5× trailing earnings, cheaper than 79% of the last ten years. Revenue was $15.5B over the last twelve months, down 3% on a year earlier with a 15% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $4.6B | $4.5B | $3.7B | $4.5B | $3.8B−16% | $3.5B−21% | $4B+8% | $3.9B−13% | $4B+4% | $3.6B+0% | $4B−0% | |
| SG&A | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9B | $1.7B |
| $1.1B | $1.3B | $410M | $1.4B | $595.5M−47% | $282.5M−79% | $1.1B+170% | $1B−26% | $795.1M+34% | −$273.3M | $1.6B+41% | |
| Interest expense | $43.9M | $45.5M | $52.6M | $53.4M | $52.8M+20% | $52.1M+15% | $53.1M+1% | $50.7M−5% | $50M−5% | $50.9M−2% | $52.4M−1% |
| Pre-tax income | $1B | $1.3B | $366.1M | $1.2B | $723.5M−28% | $157.8M−88% | $862.4M+136% | $978.4M−19% | $734.2M+2% | −$269.9M | $1.5B+76% |
| $212.7M | $292.6M | $76.2M | $259.4M | $162.1M−24% | $28.4M−90% | $185.2M+143% | $214.7M−17% | $152.1M−6% | −$65.6M | $332.9M+80% | |
| Net income | $769.3M | $1B | $267.7M | $905M | $549.2M−29% | $121.7M−88% | $657.1M+146% | $751.3M−17% | $576.8M+5% | −$212.3M | $1.2B+78% |
| $56.48 | $75.43 | $18.62 | $66.25 | $38.74−31% | $12.08−84% | $49.67+167% | $59.25−11% | $48.75+26% | −$18.90 | $92.76+87% | |
| 13.3M | 13.2M | 13.1M | 13M | 12.9M−3% | 12.8M−2% | 12.7M−3% | 12.6M−3% | 11.8M−9% | 11.2M−13% | 12.6M−1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Insurance - Property & Casualty within ten times Markel's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MKLMarkel Corporation | $21.4B | 9.5× | 14.1× | 1.4× | −3% | 14.7% | |
| LLoews Corporation | $21.6B | 13.0× | 13.9× | 1.2× | +4% | 9.0% | |
| CINFCincinnati Financial Corporation | $24.8B | 7.6× | 13.1× | 1.8× | +20% | 23.8% | |
| WRBW. R. Berkley Corporation | $25.9B | 14.3× | 15.4× | 1.7× | +4% | 12.9% | |
| ALLThe Allstate Corporation | $56.6B | 4.5× | 11.5× | 0.8× | +6% | 19.0% | |
| TRVThe Travelers Companies, Inc. | $75.2B | 9.7× | 13.7× | 1.5× | +2% | 17.0% | |
| PGRThe Progressive Corporation | $124.5B | 10.7× | 18.7× | 1.4× | +10% | 12.8% | |
| CBChubb Limited | $129.1B | 11.8× | 13.7× | 2.1× | +8% | 18.1% | |
| Peer median | $56.6B | 10.7× | 13.7× | 1.5× | +6% | 17.0% |
About
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- Left out
- Insurers have no cost of goods sold: gross margin doesn't describe them.
Valuation data, not investment advice. Prices as of .