Markel (MKL) Net Income Attributable to Noncontrolling Interests (2009 - 2026)
Markel (MKL) reported Net Income Attributable to Noncontrolling Interests of $10.88 million for Q3 2026, down 12.6% from $12.45 million a year earlier and down 34.5% from the prior quarter.
Markel (MKL) Net Income Attributable to Noncontrolling Interests (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Markel's Net Income Attributable to Noncontrolling Interests came in at $40.71 million, down 22.3% year-over-year; for FY2025, it came in at $45.4 million, down 54.8% from FY2024.
- Net Income Attributable to Noncontrolling Interests has declined for three consecutive years, though with a five-year compound annual growth rate of 23.6% (FY2020 to FY2025).
- By year, Net Income Attributable to Noncontrolling Interests came in at $100.38 million in FY2024 (-4.4%), $105.03 million in FY2023 (-7.0%), $112.92 million in FY2022 (+396.7%) and $22.73 million in FY2021 (+44.4%).
- Five-year quarterly Net Income Attributable to Noncontrolling Interests spans a low of $2.93 million in Q1 2022 and a high of $57.16 million in Q3 2022.
- Year over year, Net Income Attributable to Noncontrolling Interests gained in 1 of the last eight quarters, with an average decline of 35.2%.
- The high point for year-over-year Net Income Attributable to Noncontrolling Interests in five years was Q4 2022 (growth of 406.2%); the low point was Q3 2023 (a decline of 81.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $16.63 million (Q2 2026), $7.93 million (Q1 2026) and $5.27 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.04 Bn | 85.69 Bn | 8.67 Bn | -108.00 Mn |
| 2 | Progressive | 132.33 Bn | 107.86 Bn | 8.29 Bn | - |
| 3 | Marsh & Mclennan Companies | 97.77 Bn | 89.93 Bn | - | 4.00 Mn |
| 4 | Travelers Companies | 81.70 Bn | 59.18 Bn | 5.93 Bn | - |
| 5 | Manulife Financial | 75.38 Bn | -20.12 Bn | - | 15.00 Mn |
| 6 | Arthur J. Gallagher | 72.26 Bn | 66.85 Bn | - | 3.00 Mn |
| 7 | Aon | 71.52 Bn | 50.73 Bn | - | 10.00 Mn |
| 8 | Metlife | 65.44 Bn | -41.34 Bn | 7.82 Bn | 43.00 Mn |
| 9 | Allstate | 63.89 Bn | 23.73 Bn | 7.41 Bn | 1.00 Mn |
| 10 | Markel | 24.19 Bn | -42.36 Bn | 2.88 Bn | 10.88 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.88 Mn |
| Jun 30, 2026 | 16.63 Mn |
| Mar 31, 2026 | 7.93 Mn |
| Dec 31, 2025 | 5.27 Mn |
| Sep 30, 2025 | 12.45 Mn |
| Jun 30, 2025 | 20.04 Mn |
| Mar 31, 2025 | 7.63 Mn |
| Dec 31, 2024 | 12.25 Mn |
| Sep 30, 2024 | 41.98 Mn |
| Jun 30, 2024 | 22.15 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Dec 31, 2023 | 24.79 Mn |
| Sep 30, 2023 | 10.68 Mn |
| Jun 30, 2023 | 20.42 Mn |
| Mar 31, 2023 | 49.15 Mn |
| Dec 31, 2022 | 19.86 Mn |
| Sep 30, 2022 | 57.16 Mn |
| Jun 30, 2022 | 32.97 Mn |
| Mar 31, 2022 | 2.93 Mn |
| Dec 31, 2021 | 3.92 Mn |
Markel Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=MKL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=MKL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();