tradmap

MKL Financials Markel Group Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 9.8% per year over the past 5 years.
  • Net income has grown faster than revenue (20.9% vs 9.8% per year).
  • Operating margin has expanded, at 20.6% in the latest year.
  • Free cash flow has grown 9.3% per year over the past 5 years.

Financial health

  • Total debt ($4.3B) exceeds cash ($4.0B); net debt is $339M.
  • Total debt has grown slower than revenue (4.3% vs 9.8% per year).
  • Operating income covered interest expense 16× in the latest year, up from 7.2× 5 years ago.
  • Total debt is 1.2× EBITDA.
Revenue & net income
-$216M $8B $16B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-2% 12% 26% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1B $3B 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $2B $4B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$3B -$75M $3B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $15.5B $2.1B 0.0% 20.6% $2.6B $4.3B $4.0B
2024 $14.8B $2.7B 0.0% 25.1% $2.3B $4.3B $3.7B
2023 $14.3B $2.0B 0.0% 20.5% $2.5B $3.8B $3.7B
2022 $11.7B -$216M 0.0% -0.8% $2.5B $4.1B $4.1B
2021 $12.8B $2.4B 0.0% 25.2% $2.1B $4.4B $4.0B
2020 $9.7B $816M 0.0% 13.1% $1.6B $3.5B $4.3B
2019 $9.5B $1.8B 0.0% 26.0% $1.2B $3.5B $3.1B
2018 $6.8B -$128M 0.0% 0.6% $786M — $2.0B
2017 $6.1B $395M 0.0% 3.6% $784M — $2.2B
2016 $5.6B $456M 0.0% 14.3% $471M — $1.7B
2015 $5.4B $583M 0.0% 16.0% $571M — $2.6B
2014 $5.1B $321M 0.0% 10.9% $635M — $2.0B
2013 $4.3B $281M 0.0% 11.0% $698M — $2.0B
2012 $3.0B $253M 0.0% 13.5% $347M — $864M
2011 $2.6B $142M 0.0% 10.5% $251M — $703M

Valuation over time

How the market has priced MKL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 6.4 12.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.9 1.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is MKL growing its revenue and profit?

Over the past 5 years, Markel Group Inc.'s revenue has grown 9.8% per year, and net income grown 20.9% per year. These are computed facts, not advice.

How much debt does MKL have?

As of FY2025, Markel Group Inc. reported $4.3B of total debt against $4.0B of cash; operating income covered interest expense 16×.

What is MKL's profit margin?

In FY2025, gross margin was —, operating margin 20.6%, and net margin 13.6%.

What is MKL's P/E ratio?

As of Jun '26, Markel Group Inc. traded at a price-to-earnings ratio of about 11.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.