Markel (MKL) Cost of Revenue (2009 - 2026)
Markel (MKL) posted quarterly Cost of Revenue of $1.2 billion for Q2 2026, down 7.83% year-over-year from $1.3 billion in Q2 2025, and up 1.74% quarter-over-quarter from $1.2 billion in Q1 2026.
Analysis
Markel (MKL) Cost of Revenue (2009 - 2026) Analysis & Trends
Markel (MKL) has reported Cost of Revenue for 14 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue fell 7.83% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $4.9 billion (down 3.63% YoY), while the FY2025 annual figure was $5.1 billion, up 0.54% from the prior year.
- Cost of Revenue rose to $1.2 billion in Q2 2026 per MKL's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.6 billion in Q4 2023 and bottomed at $1.2 billion in Q1 2026.
- Historically, Cost of Revenue has averaged $1.3 billion across 4 years, with a median of $1.3 billion in 2025.
- Annual changes were most pronounced in 2024 — Cost of Revenue dropped 20.23% — and 2025, when it increased 4.5%.
- Markel's Cost of Revenue stood at $1.6 billion in 2023, then decreased by 20.23% to $1.2 billion in 2024, then rose by 3.34% to $1.3 billion in 2025, then slipped by 7.49% to $1.2 billion in 2026.
- Business Quant data shows MKL's Cost of Revenue at $1.2 billion in Q2 2026, $1.2 billion in Q1 2026, and $1.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.15 Bn | 117.38 Bn | 9.13 Bn | 6.69 Bn |
| 2 | Progressive | 128.80 Bn | 123.80 Bn | 9.04 Bn | 14.57 Bn |
| 3 | Travelers Companies | 76.99 Bn | 53.24 Bn | 6.23 Bn | 5.92 Bn |
| 4 | Allstate | 66.35 Bn | 27.62 Bn | 16.28 Bn | 2.32 Bn |
| 5 | Fairfax Financial Holdings | 35.82 Bn | 35.82 Bn | - | - |
| 6 | Cincinnati Financial | 26.40 Bn | 24.51 Bn | 2.39 Bn | 1.89 Bn |
| 7 | Markel | 22.75 Bn | 5.86 Bn | 2.83 Bn | 1.19 Bn |
| 8 | Loews | 22.37 Bn | 67.62 Mn | 2.57 Bn | 2.17 Bn |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 748.30 Mn |
| 10 | Cna Financial | 13.14 Bn | 5.36 Bn | 3.44 Bn | 385.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 Bn |
| Mar 31, 2026 | 1.17 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.25 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.24 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 1.56 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.19 Bn |
| Sep 30, 2018 | 473.74 Mn |
| Jun 30, 2018 | 595.34 Mn |
| Mar 31, 2018 | 402.13 Mn |
| Dec 31, 2017 | 381.60 Mn |
| Sep 30, 2017 | 345.00 Mn |
| Jun 30, 2017 | 298.76 Mn |
| Mar 31, 2017 | 282.63 Mn |