Markel (MKL) Tax Rate (2009 - 2026)

Markel (MKL) reported Tax Rate of 24.3% for Q1 2026, up 629.0% year-over-year from 3.33% in Q1 2025, and up 17.29% quarter-over-quarter from 20.71% in Q4 2025.

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

Markel (MKL) has 18 years of Tax Rate data on file, last reported at 24.3% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.3%, up 629.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.1% (down 34.0% YoY), and the FY2025 annual result was 21.24%, down 49.0% from the prior year.
  • Tax Rate grew to 24.3% in Q1 2026 per MKL's latest filing, from 20.71% in the prior quarter.
  • Over five years, Tax Rate peaked at 27.09% in Q1 2022 and troughed at 12.36% in Q3 2022.
  • A 5-year average of 21.07% and a median of 21.29% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 994 bps in 2022, then jumped 873 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 21.29% in 2022, then fell by 1 bps to 21.13% in 2023, then increased by 6 bps to 22.4% in 2024, then retreated by 8 bps to 20.71% in 2025, then gained by 17 bps to 24.3% in 2026.
  • Business Quant data shows MKL's Tax Rate at 24.3% in Q1 2026, 20.71% in Q4 2025, and 21.94% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 21.58%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 20.98%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 19.25%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 20.91%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 16.32%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 15.95%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 24.30%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 23.54%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 18.33%
10 Cna Financial 11.84 Bn 4.05 Bn 2.33 Bn 20.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.30%
Mar 31, 2026 24.30%
Dec 31, 2025 20.71%
Dec 31, 2025 20.71%
Sep 30, 2025 21.94%
Sep 30, 2025 21.94%
Jun 30, 2025 21.47%
Jun 30, 2025 21.47%
Mar 31, 2025 18.01%
Mar 31, 2025 18.01%
Dec 31, 2024 22.40%
Dec 31, 2024 22.40%
Sep 30, 2024 21.50%
Sep 30, 2024 21.50%
Jun 30, 2024 20.83%
Jun 30, 2024 20.83%
Mar 31, 2024 21.80%
Mar 31, 2024 21.80%
Dec 31, 2023 21.13%
Dec 31, 2023 21.13%