Markel (MKL) Capital Expenditures (2010 - 2026)
Markel (MKL) posted quarterly Capital Expenditures of $47.3 million for Q1 2026, up 16.09% YoY from $40.7 million in Q1 2025, and down 25.12% sequentially from $63.1 million in Q4 2025.
Markel (MKL) Capital Expenditures (2010 - 2026) Analysis & Trends
Markel has disclosed Capital Expenditures across 17 years of filings, most recently posting $47.3 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 16.09% year-over-year to $47.3 million; the TTM figure through Mar 2026 stood at $213.4 million (down 4.61% YoY), while the FY2025 annual figure was $206.9 million, down 18.86% from the prior year.
- Capital Expenditures eased to $47.3 million in Q1 2026, from $63.1 million in the prior quarter.
- Over the last five years, Capital Expenditures for MKL reached as high as $103.5 million in Q4 2023 and fell as low as $37.2 million in Q1 2023.
- The 5-year median for Capital Expenditures is $52.4 million (2025), against an average of $60.1 million.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 294.64% — and 2025, when it slumped 43.42%.
- A 5-year view of Capital Expenditures shows it stood at $45.4 million in 2022, then surged by 127.89% to $103.5 million in 2023, then fell by 28.57% to $74.0 million in 2024, then decreased by 14.65% to $63.1 million in 2025, then fell by 25.12% to $47.3 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $47.3 million, $63.1 million, and $52.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 47.27 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 63.00 Mn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | - |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 2.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 12.00 Mn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 40.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -131.40 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 204.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 10.94 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 47.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.27 Mn |
| Mar 31, 2026 | 47.27 Mn |
| Dec 31, 2025 | 63.12 Mn |
| Dec 31, 2025 | 63.12 Mn |
| Sep 30, 2025 | 52.42 Mn |
| Sep 30, 2025 | 52.42 Mn |
| Jun 30, 2025 | 50.64 Mn |
| Jun 30, 2025 | 50.64 Mn |
| Mar 31, 2025 | 40.71 Mn |
| Mar 31, 2025 | 40.71 Mn |
| Dec 31, 2024 | 73.95 Mn |
| Dec 31, 2024 | 73.95 Mn |
| Sep 30, 2024 | 51.89 Mn |
| Sep 30, 2024 | 51.89 Mn |
| Jun 30, 2024 | 57.20 Mn |
| Jun 30, 2024 | 57.20 Mn |
| Mar 31, 2024 | 71.95 Mn |
| Mar 31, 2024 | 71.95 Mn |
| Dec 31, 2023 | 103.53 Mn |
| Dec 31, 2023 | 103.53 Mn |