Markel (MKL) Tax Rate (2009 - 2026)
Markel (MKL) posted quarterly Tax Rate of 21.92% for Q2 2026, up 45.0% year-over-year from 15.12% in Q2 2025, and down 9.76% quarter-over-quarter from 24.3% in Q1 2026.
Markel (MKL) Tax Rate (2009 - 2026) Analysis & Trends
Markel (MKL) has reported Tax Rate for 18 consecutive years, with 21.92% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 45.0% year-over-year to 21.92%; the TTM figure through Jun 2026 stood at 21.41% (down 12.0% YoY), while the FY2025 annual figure was 21.24%, down 49.0% from the prior year.
- Tax Rate retreated to 21.92% in Q2 2026 per MKL's latest filing, from 24.3% in the prior quarter.
- Across five years, Tax Rate topped out at 27.09% in Q1 2022 and bottomed at 12.36% in Q3 2022.
- Historically, Tax Rate has averaged 21.12% across 5 years, with a median of 21.29% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 994 bps — and 2023, when it jumped 873 bps.
- Markel's Tax Rate stood at 21.29% in 2022, then retreated by 1 bps to 21.13% in 2023, then rose by 6 bps to 22.4% in 2024, then decreased by 8 bps to 20.71% in 2025, then increased by 6 bps to 21.92% in 2026.
- Business Quant data shows MKL's Tax Rate at 21.92% in Q2 2026, 24.3% in Q1 2026, and 20.71% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.73 Bn | 120.96 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 124.69 Bn | 119.69 Bn | 9.04 Bn | 21.34% |
| 3 | Travelers Companies | 79.30 Bn | 55.54 Bn | 4.83 Bn | 20.20% |
| 4 | Allstate | 68.34 Bn | 29.61 Bn | 16.28 Bn | 21.03% |
| 5 | Fairfax Financial Holdings | 35.41 Bn | 35.41 Bn | - | -20.41% |
| 6 | Cincinnati Financial | 26.66 Bn | 24.77 Bn | 2.39 Bn | 20.37% |
| 7 | Loews | 23.22 Bn | 917.36 Mn | 2.57 Bn | 23.04% |
| 8 | Markel | 23.18 Bn | 6.29 Bn | 2.83 Bn | 21.92% |
| 9 | Assurant | 14.08 Bn | 12.05 Bn | 2.71 Bn | 20.77% |
| 10 | Cna Financial | 13.81 Bn | 6.03 Bn | 3.44 Bn | 20.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.92% |
| Jun 30, 2026 | 21.92% |
| Jun 30, 2026 | 21.92% |
| Mar 31, 2026 | 24.30% |
| Mar 31, 2026 | 24.30% |
| Mar 31, 2026 | 24.30% |
| Dec 31, 2025 | 20.71% |
| Dec 31, 2025 | 20.71% |
| Dec 31, 2025 | 20.71% |
| Sep 30, 2025 | 21.94% |
| Sep 30, 2025 | 21.94% |
| Sep 30, 2025 | 21.94% |
| Jun 30, 2025 | 21.47% |
| Jun 30, 2025 | 21.47% |
| Jun 30, 2025 | 21.47% |
| Mar 31, 2025 | 18.01% |
| Mar 31, 2025 | 18.01% |
| Mar 31, 2025 | 18.01% |
| Dec 31, 2024 | 22.40% |
| Dec 31, 2024 | 22.40% |