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.
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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 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 25.21% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 18.05% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.02% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 17.10% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 18.17% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 10.52% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 3.68% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 8.09% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 17.43% |
| 10 | Markel | 21.57 Bn | -44.63 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();