KPIs & Operating Metrics(New)
Growth Metrics

Markel (MKL) Operating Margin (2016 - 2026)

Markel has reported Operating Margin over the past 18 years, most recently at 7.7% for Q1 2026.

  • Quarterly Operating Margin fell 2122.0% to 7.7% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 17.65% through Mar 2026, down 2637.0% year-over-year, with the annual reading at 6.26% for FY2025, 1881.0% down from the prior year.
  • Operating Margin was 7.7% for Q1 2026 at Markel, down from 6.43% in the prior quarter.
  • Over five years, Operating Margin peaked at 117.73% in Q4 2022 and troughed at 64.2% in Q2 2022.
  • The 5-year median for Operating Margin is 10.26% (2024), against an average of 21.88%.
  • The largest YoY upside for Operating Margin was 16318bps in 2022 against a maximum downside of -13303bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 117.73% in 2022, then plummeted by -75bps to 29.51% in 2023, then soared by 176bps to 81.53% in 2024, then crashed by -92bps to 6.43% in 2025, then crashed by -220bps to 7.7% in 2026.
  • Per Business Quant, the three most recent readings for MKL's Operating Margin are 7.7% (Q1 2026), 6.43% (Q4 2025), and 45.78% (Q3 2025).