Markel (MKL) Operating Margin (2009 - 2026)

Markel has disclosed Operating Margin across 18 years of filings, most recently posting 7.7% for Q1 2026.

• In Q1 2026, Operating Margin fell 2122.0% year-over-year to 7.7%; the TTM figure through Mar 2026 stood at 17.65% (down 2637.0% YoY), while the FY2025 annual figure was 6.26%, down 1881.0% from the prior year.
• Operating Margin slipped to 7.7% in Q1 2026, from 6.43% in the prior quarter.
• Over the last five years, Operating Margin for MKL reached as high as 117.73% in Q4 2022 and fell as low as 64.2% in Q2 2022.
• The 5-year median for Operating Margin is 10.26% (2024), against an average of 21.88%.
• The widest YoY moves for Operating Margin: up 16318 bps in 2022, down 13303 bps in 2022.
• A 5-year view of Operating Margin shows it stood at 117.73% in 2022, then sank by 75 bps to 29.51% in 2023, then soared by 176 bps to 81.53% in 2024, then plunged by 92 bps to 6.43% in 2025, then plunged by 220 bps to 7.7% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 7.7%, 6.43%, and 45.78% for Q1 2026, Q4 2025, and Q3 2025 respectively.