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
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