Markel (MKL) Tax Provisions (2009 - 2026)

Markel (MKL) posted quarterly Tax Provisions of -$65.6 million for Q1 2026, down 330.89% YoY from $28.4 million in Q1 2025, and down 143.13% sequentially from $152.1 million in Q4 2025.

Markel (MKL) Tax Provisions (2009 - 2026) Analysis & Trends

Markel has disclosed Tax Provisions across 18 years of filings, most recently posting -$65.6 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 330.89% year-over-year to -$65.6 million; the TTM figure through Mar 2026 stood at $486.3 million (down 7.57% YoY), while the FY2025 annual figure was $580.3 million, down 26.57% from the prior year.
  • Tax Provisions fell to -$65.6 million in Q1 2026, from $152.1 million in the prior quarter.
  • Over the last five years, Tax Provisions for MKL reached as high as $292.6 million in Q1 2024 and fell as low as -$239.0 million in Q2 2022.
  • The 5-year median for Tax Provisions is $152.1 million (2025), against an average of $106.4 million.
  • Annual changes were most pronounced in 2024 — Tax Provisions jumped 1722.35% — and 2026, when it slumped 330.89%.
  • A 5-year view of Tax Provisions shows it stood at $192.4 million in 2022, then gained by 10.55% to $212.7 million in 2023, then slipped by 23.8% to $162.1 million in 2024, then slipped by 6.18% to $152.1 million in 2025, then slumped by 143.13% to -$65.6 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$65.6 million, $152.1 million, and $214.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -65.58 Mn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 748.00 Mn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 646.00 Mn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 52.00 Mn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 408.00 Mn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 650.00 Mn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -304.50 Mn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 109.00 Mn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 30.42 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 61.50 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 217.11 Mn