Markel (MKL) Operating Margin (2009 - 2026)
Markel (MKL) reported Operating Margin of 7.7% for Q1 2026, down 2122.0% year-over-year from 0.38% in Q1 2025, and down 219.75% quarter-over-quarter from 6.43% in Q4 2025.
Markel (MKL) Operating Margin (2009 - 2026) Analysis & Trends
Markel (MKL) has 18 years of Operating Margin data on file, last reported at 7.7% in Q1 2026.
- Operating Margin for Q1 2026 came in at 7.7%, down 2122.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.65% (down 2637.0% YoY), and the FY2025 annual result was 6.26%, down 1881.0% from the prior year.
- Operating Margin fell to 7.7% in Q1 2026 per MKL's latest filing, 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.
- A 5-year average of 21.88% and a median of 10.26% in 2024 frame the typical range for Operating Margin.
- On a YoY basis, Operating Margin climbed as much as 16318 bps in 2022 and fell as far as 13303 bps in 2022.
- A 5-year view of Operating Margin shows it stood at 117.73% in 2022, then tumbled by 75 bps to 29.51% in 2023, then soared by 176 bps to 81.53% in 2024, then slumped by 92 bps to 6.43% in 2025, then slumped by 220 bps to 7.7% in 2026.
- Business Quant data shows MKL's Operating Margin at 7.7% in Q1 2026, 6.43% in Q4 2025, and 45.78% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.57% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -46.25% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 8.45% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 5.54% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 10.96% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.21% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.70% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 71.45% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 5.74% |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 22.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.70% |
| Dec 31, 2025 | 6.43% |
| Sep 30, 2025 | 45.78% |
| Jun 30, 2025 | 51.70% |
| Mar 31, 2025 | 13.52% |
| Dec 31, 2024 | 81.53% |
| Sep 30, 2024 | 37.13% |
| Jun 30, 2024 | 19.74% |
| Mar 31, 2024 | 10.26% |
| Dec 31, 2023 | 29.51% |
| Sep 30, 2023 | 9.06% |
| Jun 30, 2023 | 8.35% |
| Mar 31, 2023 | 4.37% |
| Dec 31, 2022 | 117.73% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | -64.20% |
| Mar 31, 2022 | 5.25% |
| Dec 31, 2021 | -45.46% |
| Sep 30, 2021 | 5.60% |
| Jun 30, 2021 | 68.83% |