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
DateValue
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