Markel MKL
NYSE MKL
$1,816.06 +18.78 (+1.04%)
At close: Sep 2, 2026 · 4:00 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Chubb 131.15 Bn 117.38 Bn 9.13 Bn 20.47%
2 Progressive 128.80 Bn 123.80 Bn 9.04 Bn 21.34%
3 Travelers Companies 76.99 Bn 53.24 Bn 6.23 Bn 20.20%
4 Allstate 66.35 Bn 27.62 Bn 16.28 Bn 21.03%
5 Fairfax Financial Holdings 35.82 Bn 35.82 Bn - -20.41%
6 Cincinnati Financial 26.40 Bn 24.51 Bn 2.39 Bn 20.37%
7 Markel 22.75 Bn 5.86 Bn 2.83 Bn 21.92%
8 Loews 22.37 Bn 67.62 Mn 2.57 Bn 23.04%
9 Assurant 14.04 Bn 12.01 Bn 2.71 Bn 20.77%
10 Cna Financial 13.14 Bn 5.36 Bn 3.44 Bn 20.74%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.92%
Mar 31, 2026 24.30%
Dec 31, 2025 20.71%
Sep 30, 2025 21.94%
Jun 30, 2025 21.47%
Mar 31, 2025 18.01%
Dec 31, 2024 22.40%
Sep 30, 2024 21.50%
Jun 30, 2024 20.83%
Mar 31, 2024 21.80%
Dec 31, 2023 21.13%
Sep 30, 2023 21.09%
Jun 30, 2023 21.14%
Mar 31, 2023 19.91%
Dec 31, 2022 21.29%
Sep 30, 2022 12.36%
Jun 30, 2022 21.30%
Mar 31, 2022 27.09%
Dec 31, 2021 23.22%
Sep 30, 2021 22.29%