Markel (MKL) Divestments (2013 - 2023)
Markel (MKL) posted quarterly Divestments of $41.3 million for Q2 2023, up 1453.29% year-over-year from $2.7 million in Q2 2022, and down 55.04% quarter-over-quarter from $91.9 million in Q4 2022.
Markel (MKL) Divestments (2013 - 2023) Analysis & Trends
Markel (MKL) has reported Divestments for 10 consecutive years, with $41.3 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Divestments rose 1453.29% year-over-year to $41.3 million; the TTM figure through Sep 2024 stood at $41.3 million (down 68.98% YoY), while the FY2023 annual figure was $41.3 million, down 79.49% from the prior year.
- Divestments fell to $41.3 million in Q2 2023 per MKL's latest filing, from $91.9 million in the prior quarter.
- Across five years, Divestments topped out at $106.8 million in Q1 2022 and bottomed at -$15.2 million in Q4 2020.
- Historically, Divestments has averaged $24.0 million across 5 years, with a median of $2.6 million in 2019.
- Annual changes were most pronounced in 2020 — Divestments soared 27476.36% — and 2022, when it climbed 8.35%.
- Markel's Divestments stood at $2.6 million in 2019, then slumped by 676.91% to -$15.2 million in 2020, then jumped by 107.48% to $1.1 million in 2021, then soared by 7993.83% to $91.9 million in 2022, then plunged by 55.04% to $41.3 million in 2023.
- Business Quant data shows MKL's Divestments at $41.3 million in Q2 2023, $91.9 million in Q4 2022, and $2.7 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn | 485.00 Mn |
| 2 | Progressive | 124.18 Bn | 119.18 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.33 Bn | 55.57 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.29 Bn | 28.56 Bn | 16.28 Bn | - |
| 5 | Fairfax Financial Holdings | 35.31 Bn | 35.31 Bn | - | 151.70 Mn |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | - |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 68.00 Mn |
| 8 | Markel | 23.17 Bn | 6.28 Bn | 2.83 Bn | - |
| 9 | Assurant | 14.01 Bn | 11.98 Bn | 2.71 Bn | - |
| 10 | Cna Financial | 13.85 Bn | 6.07 Bn | 3.44 Bn | 68.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 41.30 Mn |
| Dec 31, 2022 | 91.87 Mn |
| Jun 30, 2022 | 2.66 Mn |
| Mar 31, 2022 | 106.85 Mn |
| Sep 30, 2021 | 1.14 Mn |
| Jun 30, 2021 | 2.45 Mn |
| Mar 31, 2021 | 37.13 Mn |
| Dec 31, 2020 | -15.17 Mn |
| Mar 31, 2020 | 15.17 Mn |
| Sep 30, 2019 | 2.63 Mn |
| Jun 30, 2019 | 1.95 Mn |
| Mar 31, 2019 | 55,000.00 |
| Dec 31, 2017 | 415,000.00 |
| Sep 30, 2017 | 57,000.00 |
| Jun 30, 2017 | 474,000.00 |
| Mar 31, 2017 | 2.41 Mn |
| Dec 31, 2016 | -535,000.00 |
| Sep 30, 2016 | 2.85 Mn |
| Jun 30, 2016 | 999,000.00 |
| Mar 31, 2016 | 5.48 Mn |