Markel (MKL) Capital Expenditures (2010 - 2026)
Markel's Capital Expenditures came in at $44.33 million for Q2 2026, down 12.5% from $50.64 million a year earlier and down 6.2% from the prior quarter.
Markel (MKL) Capital Expenditures (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Markel reported Capital Expenditures of $207.13 million, down 4.6% year-over-year; for FY2025, it came in at $206.89 million, down 18.9% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 15.4% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $254.99 million in FY2024 (-1.4%), $258.62 million in FY2023 (+1.5%), $254.71 million in FY2022 (+75.4%) and $145.25 million in FY2021 (+43.4%).
- The Q2 2026 figure represents the lowest quarterly Capital Expenditures since Q1 2025.
- Year-over-year, Capital Expenditures increased in two of the last eight quarters, with an average decline of 15.6%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2022 (growth of 294.6%), and the weakest in Q1 2025 (a decline of 43.4%).
- Business Quant data shows MKL's Capital Expenditures at $47.27 million (Q1 2026), $63.12 million (Q4 2025) and $52.42 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | 5.65 Bn |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | - |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | 138.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 72.00 Mn |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | - |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 73.00 Mn |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | 51.00 Mn |
| 10 | Markel | 21.58 Bn | -44.62 Bn | 2.83 Bn | 44.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.33 Mn |
| Mar 31, 2026 | 47.27 Mn |
| Dec 31, 2025 | 63.12 Mn |
| Sep 30, 2025 | 52.42 Mn |
| Jun 30, 2025 | 50.64 Mn |
| Mar 31, 2025 | 40.71 Mn |
| Dec 31, 2024 | 73.95 Mn |
| Sep 30, 2024 | 51.89 Mn |
| Jun 30, 2024 | 57.20 Mn |
| Mar 31, 2024 | 71.95 Mn |
| Dec 31, 2023 | 103.53 Mn |
| Sep 30, 2023 | 75.65 Mn |
| Jun 30, 2023 | 42.26 Mn |
| Mar 31, 2023 | 37.18 Mn |
| Dec 31, 2022 | 45.43 Mn |
| Sep 30, 2022 | 98.74 Mn |
| Jun 30, 2022 | 58.85 Mn |
| Mar 31, 2022 | 51.70 Mn |
| Dec 31, 2021 | 64.49 Mn |
| Sep 30, 2021 | 25.02 Mn |
Markel Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MKL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MKL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MKL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();