KPIs & Operating Metrics(New)
Growth Metrics

Markel (MKL) Operating Margin (2016 - 2025)

Markel (MKL) has disclosed Operating Margin for 16 consecutive years, with 34.89% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 4406.0% to 34.89% in Q4 2025 year-over-year; TTM through Dec 2025 was 36.66%, a 45.0% decrease, with the full-year FY2025 number at 36.66%, up 2574.0% from a year prior.
  • Operating Margin was 34.89% for Q4 2025 at Markel, up from 67.43% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 1296.13% in Q4 2022 to a low of 94.03% in Q4 2021.
  • A 5-year average of 66.05% and a median of 6.29% in 2021 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: skyrocketed 139016bps in 2022, then tumbled -130915bps in 2023.
  • Markel's Operating Margin stood at 94.03% in 2021, then soared by 1478bps to 1296.13% in 2022, then tumbled by -101bps to 13.02% in 2023, then grew by 30bps to 9.17% in 2024, then soared by 481bps to 34.89% in 2025.
  • Per Business Quant, the three most recent readings for MKL's Operating Margin are 34.89% (Q4 2025), 67.43% (Q3 2025), and 24.06% (Q2 2025).