Markel (MKL) Gross Margin (2009 - 2026)
Markel (MKL) reported Gross Margin of 67.14% for Q1 2026, up 2719.0% year-over-year from 2.38% in Q1 2025, and up 55.57% quarter-over-quarter from 43.16% in Q3 2025.
Markel (MKL) Gross Margin (2009 - 2026) Analysis & Trends
Markel (MKL) has 14 years of Gross Margin data on file, last reported at 67.14% in Q1 2026.
- Gross Margin for Q1 2026 came in at 67.14%, up 2719.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.2% (down 29.0% YoY), and the FY2017 annual result was 69.21%, down 958.0% from the prior year.
- Gross Margin rose to 67.14% in Q1 2026 per MKL's latest filing, from 43.16% in the prior quarter.
- Over five years, Gross Margin peaked at 67.14% in Q1 2026 and troughed at 33.81% in Q3 2023.
- A 4-year average of 45.63% and a median of 40.66% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 3125 bps in 2024, then tumbled 2190 bps in 2025.
- A 4-year view of Gross Margin shows it stood at 33.81% in 2023, then jumped by 92 bps to 65.06% in 2024, then sank by 34 bps to 43.16% in 2025, then soared by 56 bps to 67.14% in 2026.
- Business Quant data shows MKL's Gross Margin at 67.14% in Q1 2026, 43.16% in Q3 2025, and 39.86% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 58.50% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 37.68% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 46.48% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 86.87% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 73.70% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 99.65% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 67.14% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -153.50% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 72.35% |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 86.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.14% |
| Sep 30, 2025 | 43.16% |
| Jun 30, 2025 | 39.86% |
| Mar 31, 2025 | 39.95% |
| Sep 30, 2024 | 65.06% |
| Jun 30, 2024 | 40.66% |
| Mar 31, 2024 | 39.47% |
| Sep 30, 2023 | 33.81% |
| Jun 30, 2023 | 41.52% |
| Sep 30, 2018 | 78.81% |
| Jun 30, 2018 | 70.04% |
| Mar 31, 2018 | 74.48% |
| Dec 31, 2017 | 77.04% |
| Sep 30, 2017 | 77.09% |
| Jun 30, 2017 | 79.83% |
| Mar 31, 2017 | 79.98% |
| Dec 31, 2016 | 77.07% |
| Sep 30, 2016 | 78.36% |
| Jun 30, 2016 | 79.80% |
| Mar 31, 2016 | 80.01% |