Markel (MKL) Operating Income (2009 - 2026)
Markel (MKL) posted quarterly Operating Income of $1.6 billion for Q2 2026, up 40.91% year-over-year from $1.1 billion in Q2 2025, and up 670.87% quarter-over-quarter from -$273.3 million in Q1 2026.
Markel (MKL) Operating Income (2009 - 2026) Analysis & Trends
Markel (MKL) has reported Operating Income for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income rose 40.91% year-over-year to $1.6 billion; the TTM figure through Jun 2026 stood at $3.1 billion (down 7.88% YoY), while the FY2025 annual figure was $3.2 billion, down 13.94% from the prior year.
- Operating Income advanced to $1.6 billion in Q2 2026 per MKL's latest filing, from -$273.3 million in the prior quarter.
- Across five years, Operating Income topped out at $1.6 billion in Q4 2022 and bottomed at -$1.2 billion in Q2 2022.
- Historically, Operating Income has averaged $659.3 million across 5 years, with a median of $774.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income plunged 209.04% — and 2023, when it jumped 716.75%.
- Markel's Operating Income stood at $1.6 billion in 2022, then decreased by 29.11% to $1.1 billion in 2023, then tumbled by 47.4% to $595.5 million in 2024, then jumped by 33.53% to $795.1 million in 2025, then soared by 96.23% to $1.6 billion in 2026.
- Business Quant data shows MKL's Operating Income at $1.6 billion in Q2 2026, -$273.3 million in Q1 2026, and $795.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn | 1.76 Bn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn | -10.36 Bn |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | 1.07 Bn |
| 4 | Allstate | 68.51 Bn | 29.78 Bn | 16.28 Bn | 1.01 Bn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - | - |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 319.00 Mn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | 761.00 Mn |
| 8 | Markel | 23.21 Bn | 6.33 Bn | 2.83 Bn | 1.56 Bn |
| 9 | Assurant | 14.14 Bn | 12.10 Bn | 2.71 Bn | 142.40 Mn |
| 10 | Cna Financial | 13.87 Bn | 6.09 Bn | 3.44 Bn | 701.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | -273.33 Mn |
| Dec 31, 2025 | 795.15 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | 282.52 Mn |
| Dec 31, 2024 | 595.47 Mn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 409.98 Mn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 192.21 Mn |
| Jun 30, 2023 | 970.06 Mn |
| Mar 31, 2023 | 753.90 Mn |
| Dec 31, 2022 | 1.60 Bn |
| Sep 30, 2022 | 112.61 Mn |
| Jun 30, 2022 | -1.18 Bn |
| Mar 31, 2022 | 92.30 Mn |
| Dec 31, 2021 | 1.18 Bn |
| Sep 30, 2021 | 241.69 Mn |