Markel (MKL) Cost of Revenue (2009 - 2026)

Markel (MKL) posted quarterly Cost of Revenue of $1.2 billion for Q1 2026, down 7.0% YoY from $1.3 billion in Q1 2025, and down 6.94% sequentially from $1.3 billion in Q3 2025.

Markel (MKL) Cost of Revenue (2009 - 2026) Analysis & Trends

Markel has disclosed Cost of Revenue across 14 years of filings, most recently posting $1.2 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 7.0% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $5.0 billion (down 2.02% YoY), while the FY2017 annual figure was $1.3 billion, up 9.89% from the prior year.
  • Cost of Revenue eased to $1.2 billion in Q1 2026, from $1.3 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for MKL reached as high as $1.4 billion in Q3 2023 and fell as low as $1.2 billion in Q1 2026.
  • The 4-year median for Cost of Revenue is $1.3 billion (2025), against an average of $1.3 billion.
  • Annual changes were most pronounced in 2024 — Cost of Revenue slipped 8.1% — and 2025, when it increased 4.5%.
  • A 4-year view of Cost of Revenue shows it stood at $1.4 billion in 2023, then fell by 8.1% to $1.3 billion in 2024, then declined by 2.85% to $1.3 billion in 2025, then dropped by 6.94% to $1.2 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 billion, $1.3 billion, and $1.3 billion for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 1.17 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 13.83 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 6.13 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 9.00 Mn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 6.38 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 2.23 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 2.18 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 815.50 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 769.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.17 Bn
Mar 31, 2026 1.17 Bn
Sep 30, 2025 1.25 Bn
Sep 30, 2025 1.25 Bn
Jun 30, 2025 1.29 Bn
Jun 30, 2025 1.29 Bn
Mar 31, 2025 1.25 Bn
Mar 31, 2025 1.25 Bn
Sep 30, 2024 1.29 Bn
Sep 30, 2024 1.29 Bn
Jun 30, 2024 1.23 Bn
Jun 30, 2024 1.23 Bn
Mar 31, 2024 1.29 Bn
Mar 31, 2024 1.29 Bn
Sep 30, 2023 1.40 Bn
Sep 30, 2023 1.40 Bn
Jun 30, 2023 1.19 Bn
Jun 30, 2023 1.19 Bn
Sep 30, 2018 473.74 Mn
Sep 30, 2018 473.74 Mn