Markel (MKL) Divestments (2013 - 2023)
Markel (MKL) reported 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 10 years of Divestments data on file, last reported at $41.3 million in Q2 2023.
- Divestments for Q2 2023 came in at $41.3 million, up 1453.29% year-over-year; the trailing twelve-month figure through Sep 2024 was $41.3 million (down 68.98% YoY), and the FY2023 annual result was $41.3 million, down 79.49% from the prior year.
- Divestments slipped to $41.3 million in Q2 2023 per MKL's latest filing, from $91.9 million in the prior quarter.
- Over five years, Divestments peaked at $106.8 million in Q1 2022 and troughed at -$15.2 million in Q4 2020.
- A 5-year average of $24.0 million and a median of $2.6 million in 2019 frame the typical range for Divestments.
- The sharpest annual moves came in 2020 and 2022: Divestments soared 27476.36% in 2020, then climbed 8.35% in 2022.
- A 5-year view of Divestments shows it stood at $2.6 million in 2019, then sank by 676.91% to -$15.2 million in 2020, then soared by 107.48% to $1.1 million in 2021, then surged by 7993.83% to $91.9 million in 2022, then tumbled 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 | 127.40 Bn | 119.98 Bn | 8.64 Bn | 241.00 Mn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | - |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 2.38 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | - |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | - |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | - |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | - |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 33.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 1.40 Mn |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 33.00 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 |