Markel (MKL) Operating Expenses (2009 - 2026)

Markel has disclosed Operating Expenses across 18 years of filings, most recently posting $3.1 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 0.65% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $13.4 billion (up 3.73% YoY), while the FY2025 annual figure was $13.4 billion, up 3.77% from the prior year.
• Operating Expenses slipped to $3.1 billion in Q1 2026, from $3.4 billion in the prior quarter.
• Over the last five years, Operating Expenses for MKL reached as high as $3.5 billion in Q4 2023 and fell as low as $2.6 billion in Q1 2022.
• The 5-year median for Operating Expenses is $3.2 billion (2023), against an average of $3.2 billion.
• Annual changes were most pronounced in 2022 — Operating Expenses gained 22.82% — and 2024, when it decreased 7.55%.
• A 5-year view of Operating Expenses shows it stood at $3.2 billion in 2022, then grew by 11.3% to $3.5 billion in 2023, then decreased by 7.55% to $3.2 billion in 2024, then grew by 5.53% to $3.4 billion in 2025, then declined by 9.59% to $3.1 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $3.4 billion, and $3.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.