Markel (MKL) Tax Provisions (2009 - 2026)
Markel (MKL) posted quarterly Tax Provisions of $332.9 million for Q2 2026, up 79.76% year-over-year from $185.2 million in Q2 2025, and up 607.56% quarter-over-quarter from -$65.6 million in Q1 2026.
Markel (MKL) Tax Provisions (2009 - 2026) Analysis & Trends
Markel (MKL) has reported Tax Provisions for 18 consecutive years, with $332.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 79.76% year-over-year to $332.9 million; the TTM figure through Jun 2026 stood at $634.0 million (changed 0.17% YoY), while the FY2025 annual figure was $580.3 million, down 26.57% from the prior year.
- Tax Provisions improved to $332.9 million in Q2 2026 per MKL's latest filing, from -$65.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $332.9 million in Q2 2026 and bottomed at -$239.0 million in Q2 2022.
- Historically, Tax Provisions has averaged $119.0 million across 5 years, with a median of $157.1 million in 2024.
- Annual changes were most pronounced in 2024 — Tax Provisions jumped 1722.35% — and 2026, when it plunged 330.89%.
- Markel's Tax Provisions stood at $192.4 million in 2022, then advanced by 10.55% to $212.7 million in 2023, then dropped by 23.8% to $162.1 million in 2024, then dropped by 6.18% to $152.1 million in 2025, then jumped by 118.89% to $332.9 million in 2026.
- Business Quant data shows MKL's Tax Provisions at $332.9 million in Q2 2026, -$65.6 million in Q1 2026, and $152.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.92 Bn | 121.15 Bn | 9.13 Bn | 742.00 Mn |
| 2 | Progressive | 124.27 Bn | 119.27 Bn | 9.04 Bn | 898.00 Mn |
| 3 | Travelers Companies | 79.40 Bn | 55.65 Bn | 4.83 Bn | 559.00 Mn |
| 4 | Allstate | 67.45 Bn | 28.72 Bn | 16.28 Bn | 871.00 Mn |
| 5 | Fairfax Financial Holdings | 35.53 Bn | 35.53 Bn | - | -400.30 Mn |
| 6 | Cincinnati Financial | 26.78 Bn | 24.89 Bn | 2.39 Bn | 321.00 Mn |
| 7 | Loews | 23.26 Bn | 961.85 Mn | 2.57 Bn | 141.00 Mn |
| 8 | Markel | 23.16 Bn | 6.28 Bn | 2.83 Bn | 332.87 Mn |
| 9 | Assurant | 14.09 Bn | 12.06 Bn | 2.71 Bn | 78.30 Mn |
| 10 | Cna Financial | 13.86 Bn | 6.08 Bn | 3.44 Bn | 84.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 332.87 Mn |
| Mar 31, 2026 | -65.58 Mn |
| Dec 31, 2025 | 152.07 Mn |
| Sep 30, 2025 | 214.66 Mn |
| Jun 30, 2025 | 185.17 Mn |
| Mar 31, 2025 | 28.40 Mn |
| Dec 31, 2024 | 162.08 Mn |
| Sep 30, 2024 | 259.41 Mn |
| Jun 30, 2024 | 76.24 Mn |
| Mar 31, 2024 | 292.56 Mn |
| Dec 31, 2023 | 212.71 Mn |
| Sep 30, 2023 | 14.24 Mn |
| Jun 30, 2023 | 191.94 Mn |
| Mar 31, 2023 | 133.73 Mn |
| Dec 31, 2022 | 192.42 Mn |
| Sep 30, 2022 | 16.46 Mn |
| Jun 30, 2022 | -238.95 Mn |
| Mar 31, 2022 | -18.14 Mn |
| Dec 31, 2021 | 264.06 Mn |
| Sep 30, 2021 | 54.42 Mn |