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
DateValue
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