KPIs & Operating Metrics(New)
Growth Metrics

Markel (MKL) Tax Rate (2016 - 2025)

Markel (MKL) has disclosed Tax Rate for 16 consecutive years, with 21.94% as the latest value for Q3 2025.

  • On a quarterly basis, Tax Rate rose 43.0% to 21.94% in Q3 2025 year-over-year; TTM through Sep 2025 was 21.69%, a 530.0% increase, with the full-year FY2024 number at 21.73%, changed N/A from a year prior.
  • Tax Rate was 21.94% for Q3 2025 at Markel, up from 21.47% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.09% in Q1 2022 to a low of 13.51% in Q3 2022.
  • A 5-year average of 21.15% and a median of 21.38% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: plummeted -879bps in 2022, then skyrocketed 758bps in 2023.
  • Markel's Tax Rate stood at 23.26% in 2021, then decreased by -8bps to 21.47% in 2022, then dropped by -2bps to 21.09% in 2023, then increased by 6bps to 22.4% in 2024, then dropped by -2bps to 21.94% in 2025.
  • Per Business Quant, the three most recent readings for MKL's Tax Rate are 21.94% (Q3 2025), 21.47% (Q2 2025), and 18.01% (Q1 2025).