Markel (MKL) Operating Expenses (2009 - 2026)

Markel (MKL) has 18 years of Operating Expenses data on file, last reported at $3.1 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $3.1 billion, down 0.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.4 billion (up 3.73% YoY), and the FY2025 annual result was $13.4 billion, up 3.77% from the prior year.
• Operating Expenses fell to $3.1 billion in Q1 2026 per MKL's latest filing, from $3.4 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $3.5 billion in Q4 2023 and troughed at $2.6 billion in Q1 2022.
• A 5-year average of $3.2 billion and a median of $3.2 billion in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses gained 22.82% in 2022, then decreased 7.55% in 2024.
• 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.
• Business Quant data shows MKL's Operating Expenses at $3.1 billion in Q1 2026, $3.4 billion in Q4 2025, and $3.4 billion in Q3 2025.