SuperworthMarkel shares outstanding MKL
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 12.6M
- On a year earlier
- −1.1%
- fewer shares
Markel had 12.6M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 1.1% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 12.4M | −4% |
| FY2024 | 12.9M | −3% |
| FY2023 | 13.3M | −1% |
| FY2022 | 13.5M | −2% |
| FY2021 | 13.8M | −0% |
| FY2020 | 13.8M | −0% |
| FY2019 | 13.9M | −0% |
| FY2018 | 13.9M | −0% |
| FY2017 | 14M | −1% |
| FY2016 | 14.1M | −0% |
| FY2015 | 14.1M | +0% |
| FY2014 | 14.1M | +0% |
| FY2013 | 14M | +45% |
| FY2012 | 9.7M | −0% |
| FY2011 | 9.7M | −1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 12.6M | −1% | |
| Q1 FY26 | 12.6M | −2% | |
| Q4 FY25 | 12.4M | −4% | |
| Q3 FY25 | 12.6M | −3% | |
| Q2 FY25 | 12.7M | −3% | |
| Q1 FY25 | 12.8M | −2% | |
| Q4 FY24 | 12.9M | −3% | |
| Q3 FY24 | 13M | −2% | |
| Q2 FY24 | 13.1M | −2% | |
| Q1 FY24 | 13.2M | −2% | |
| Q4 FY23 | 13.3M | −1% | |
| Q3 FY23 | 13.3M | −2% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Markel
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.