Markel (MKL) Net Margin (2009 - 2026)
Markel (MKL) posted Net Margin of 29.09% for Q2 2026, up 13.40 percentage points from 15.69% a year earlier and up 35.07 percentage points from the prior quarter.
Powered by 
Analysis
Markel (MKL) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Markel was 14.73%, up 0.12 percentage points year-over-year; for FY2025, it was 13.41%, down 4.89 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +5.22 percentage points (FY2020 to FY2025).
- In prior years, Markel's Net Margin was 18.30% in FY2024 (+4.57 pp), 13.73% in FY2023 (+15.89 pp), -2.16% in FY2022 (-20.74 pp) and 18.58% in FY2021 (+10.39 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q2 2020.
- On a year-over-year basis, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +0.19 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2023, with a gain of 67.30 percentage points; the weakest was Q2 2022, with a drop of 73.05 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -5.98% (Q1 2026), 14.39% (Q4 2025) and 19.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.71 Bn | 84.29 Bn | 9.13 Bn | 18.05% |
| 2 | Progressive | 128.56 Bn | 104.40 Bn | 9.04 Bn | 14.02% |
| 3 | Marsh & Mclennan Companies | 90.23 Bn | 82.39 Bn | - | 11.77% |
| 4 | Travelers Companies | 83.15 Bn | 59.40 Bn | 6.23 Bn | 18.17% |
| 5 | Manulife Financial | 77.26 Bn | -17.63 Bn | - | 10.52% |
| 6 | Arthur J. Gallagher | 66.24 Bn | 60.64 Bn | - | 8.09% |
| 7 | Metlife | 65.74 Bn | -41.04 Bn | 7.82 Bn | 3.68% |
| 8 | Allstate | 63.75 Bn | 25.02 Bn | 8.73 Bn | 17.43% |
| 9 | Aon | 62.70 Bn | 55.91 Bn | - | 12.98% |
| 10 | Markel | 23.52 Bn | -43.16 Bn | 2.83 Bn | 29.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.09% |
| Mar 31, 2026 | -5.98% |
| Dec 31, 2025 | 14.39% |
| Sep 30, 2025 | 19.10% |
| Jun 30, 2025 | 15.69% |
| Mar 31, 2025 | 3.43% |
| Dec 31, 2024 | 14.27% |
| Sep 30, 2024 | 24.50% |
| Jun 30, 2024 | 6.75% |
| Mar 31, 2024 | 22.95% |
| Dec 31, 2023 | 24.09% |
| Sep 30, 2023 | 1.26% |
| Jun 30, 2023 | 16.35% |
| Mar 31, 2023 | 13.41% |
| Dec 31, 2022 | 16.00% |
| Sep 30, 2022 | 1.94% |
| Jun 30, 2022 | -50.94% |
| Mar 31, 2022 | -1.99% |
| Dec 31, 2021 | 22.65% |
| Sep 30, 2021 | 7.00% |
API Access
Markel Net 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=net-margin&ticker=MKL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MKL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();