Markel (MKL) FCF Margin (2009 - 2026)
Markel (MKL) recorded FCF Margin of 9.57% in Q2 2026, down 1.71 percentage points from 11.28% a year earlier but up 10.45 percentage points from the prior quarter.
Markel (MKL) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Markel's FCF Margin came in at 13.66% as of Jun 30, 2026, down 0.01 percentage points year-over-year; for FY2025, it was 16.47%, up 0.68 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -0.34 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 15.79% in FY2024 (-1.92 pp), 17.70% in FY2023 (-3.32 pp), 21.02% in FY2022 (+4.45 pp) and 16.57% in FY2021 (-0.24 pp).
- Quarterly FCF Margin has ranged from -0.88% in Q1 2026 to 29.64% in Q3 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in two of the last eight quarters, with an average year-over-year change of -2.81 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 10.98 percentage points in Q2 2022, against a drop of 11.78 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.88% (Q1 2026), 14.95% (Q4 2025) and 29.64% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 5.47% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 23.58% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 14.69% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 19.60% |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 15.77% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 20.72% |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 11.63% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 11.38% |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | -1.02% |
| 10 | Markel | 21.24 Bn | -44.97 Bn | 2.83 Bn | 9.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.57% |
| Mar 31, 2026 | -0.88% |
| Dec 31, 2025 | 14.95% |
| Sep 30, 2025 | 29.64% |
| Jun 30, 2025 | 11.28% |
| Mar 31, 2025 | 9.45% |
| Dec 31, 2024 | 11.28% |
| Sep 30, 2024 | 22.71% |
| Jun 30, 2024 | 14.09% |
| Mar 31, 2024 | 12.51% |
| Dec 31, 2023 | 23.06% |
| Sep 30, 2023 | 26.07% |
| Jun 30, 2023 | 16.47% |
| Mar 31, 2023 | 6.78% |
| Dec 31, 2022 | 18.61% |
| Sep 30, 2022 | 28.07% |
| Jun 30, 2022 | 24.40% |
| Mar 31, 2022 | 13.93% |
| Dec 31, 2021 | 15.62% |
| Sep 30, 2021 | 29.18% |
Markel FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MKL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MKL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MKL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();