Markel (MKL) Divestments (2013 - 2023)
Markel (MKL) posted quarterly Divestments of $41.3 million for Q2 2023, up 1453.29% YoY from $2.7 million in Q2 2022, and down 55.04% sequentially from $91.9 million in Q4 2022.
Markel (MKL) Divestments (2013 - 2023) Analysis & Trends
Markel has disclosed Divestments across 10 years of filings, most recently posting $41.3 million for 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 declined to $41.3 million in Q2 2023, from $91.9 million in the prior quarter.
- Over the last five years, Divestments for MKL reached as high as $106.8 million in Q1 2022 and fell as low as -$15.2 million in Q4 2020.
- The 5-year median for Divestments is $2.6 million (2019), against an average of $24.0 million.
- Annual changes were most pronounced in 2020 — Divestments soared 27476.36% — and 2022, when it climbed 8.35%.
- A 5-year view of Divestments shows it stood at $2.6 million in 2019, then tumbled 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 sank by 55.04% to $41.3 million in 2023.
- According to Business Quant data, Divestments over the past three periods registered $41.3 million, $91.9 million, and $2.7 million for Q2 2023, Q4 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | - |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | - |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 241.00 Mn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | - |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 2.38 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | - |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | 108.00 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 33.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 7.78 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 1.40 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 |