Markel (MKL) Operating Income (2009 - 2026)
Markel (MKL) reported Operating Income of -$273.3 million for Q1 2026, down 196.75% year-over-year from $282.5 million in Q1 2025, and down 206.09% quarter-over-quarter from $257.6 million in Q4 2025.
Markel (MKL) Operating Income (2009 - 2026) Analysis & Trends
Markel (MKL) has 18 years of Operating Income data on file, last reported at -$273.3 million in Q1 2026.
- Operating Income for Q1 2026 came in at -$273.3 million, down 196.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (down 58.79% YoY), and the FY2025 annual result was $970.4 million, down 73.86% from the prior year.
- Operating Income fell to -$273.3 million in Q1 2026 per MKL's latest filing, from $257.6 million in the prior quarter.
- Over five years, Operating Income peaked at $3.0 billion in Q4 2024 and troughed at -$1.2 billion in Q2 2022.
- A 5-year average of $557.4 million and a median of $218.3 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2023: Operating Income plunged 209.04% in 2022, then jumped 1559.93% in 2023.
- A 5-year view of Operating Income shows it stood at $145.0 million in 2022, then jumped by 1559.93% to $2.4 billion in 2023, then climbed by 26.09% to $3.0 billion in 2024, then tumbled by 91.51% to $257.6 million in 2025, then sank by 206.09% to -$273.3 million in 2026.
- Business Quant data shows MKL's Operating Income at -$273.3 million in Q1 2026, $257.6 million in Q4 2025, and $1.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 1.71 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -10.26 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 1.01 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 938.00 Mn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 404.33 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 318.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -273.33 Mn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 613.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 159.60 Mn |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 610.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -273.33 Mn |
| Dec 31, 2025 | 257.65 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | 282.52 Mn |
| Dec 31, 2024 | 3.04 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 409.98 Mn |
| Mar 31, 2024 | 218.27 Mn |
| Dec 31, 2023 | 2.41 Bn |
| Sep 30, 2023 | 192.21 Mn |
| Jun 30, 2023 | 169.69 Mn |
| Mar 31, 2023 | 159.34 Mn |
| Dec 31, 2022 | 145.04 Mn |
| Sep 30, 2022 | 66.93 Mn |
| Jun 30, 2022 | -1.18 Bn |
| Mar 31, 2022 | 92.30 Mn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 91.26 Mn |
| Jun 30, 2021 | 1.08 Bn |