Markel (MKL) Net Margin (2009 - 2026)
Markel (MKL) posted quarterly Net Margin of 29.09% for Q2 2026, up 1340.0% year-over-year from 2.02% in Q2 2025, and up 605.37% quarter-over-quarter from 5.76% in Q1 2026.
Markel (MKL) Net Margin (2009 - 2026) Analysis & Trends
Markel (MKL) has reported Net Margin for 18 consecutive years, with 29.09% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 1340.0% year-over-year to 29.09%; the TTM figure through Jun 2026 stood at 14.78% (up 18.0% YoY), while the FY2025 annual figure was 13.41%, down 489.0% from the prior year.
- Net Margin advanced to 29.09% in Q2 2026 per MKL's latest filing, from 5.76% in the prior quarter.
- Across five years, Net Margin topped out at 29.09% in Q2 2026 and bottomed at 50.94% in Q2 2022.
- Historically, Net Margin has averaged 9.14% across 5 years, with a median of 14.33% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin sank 7305 bps — and 2023, when it jumped 6730 bps.
- Markel's Net Margin stood at 16.0% in 2022, then soared by 51 bps to 24.09% in 2023, then slumped by 41 bps to 14.27% in 2024, then increased by 1 bps to 14.39% in 2025, then jumped by 102 bps to 29.09% in 2026.
- Business Quant data shows MKL's Net Margin at 29.09% in Q2 2026, 5.76% in Q1 2026, and 14.39% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.94 Bn | 121.18 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 124.75 Bn | 119.75 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 79.38 Bn | 55.62 Bn | 4.83 Bn | 20.53% |
| 4 | Allstate | 68.03 Bn | 29.30 Bn | 16.28 Bn | 17.43% |
| 5 | Fairfax Financial Holdings | 35.66 Bn | 35.66 Bn | - | - |
| 6 | Cincinnati Financial | 26.77 Bn | 24.87 Bn | 2.39 Bn | 29.36% |
| 7 | Loews | 23.30 Bn | 998.54 Mn | 2.57 Bn | 9.95% |
| 8 | Markel | 23.24 Bn | 6.35 Bn | 2.83 Bn | 29.09% |
| 9 | Assurant | 14.10 Bn | 12.06 Bn | 2.71 Bn | 8.64% |
| 10 | Cna Financial | 13.90 Bn | 6.12 Bn | 3.44 Bn | 8.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.09% |
| Mar 31, 2026 | -5.76% |
| 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% |