Markel's core underwriting engine remains highly profitable, with a trailing twelve-month combined ratio of 82.6% and a 2026Q2 combined ratio of 70.8%, reflecting disciplined risk selection and favorable reserve development. The company's balance sheet has exp...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has been mixed, with a 17.8% rebound in 2026Q2 but a -1.0% TTM growth rate, while underwriting profitability remains strong with a 70.8% combined ratio in 2026Q2, though 2026Q1 spiked to 107.7%.
Markel operates a 'Berkshire-inspired' holding company structure with three core 'flywheels': specialty insurance, private businesses under Markel Ventures, and a long-term equity portfolio. The insurance segment focuses on niche, hard-to-price markets with deep underwriting expertise, prioritizing discipline and relationships over volume.
Markel has demonstrated strong financial performance, including an 8.3% sequential increase in book value per share and robust year-over-year growth in investment income. Adjusted operating income for the first quarter of 2026 was $498 million, a 4% increase compared to the first quarter of 2025.
Analysts have recently upgraded MKL stock, with some moving from 'hold' to 'buy' ratings. The stock is trading at a P/E ratio of around 11.25x, which is close to its 5-year median and suggests potential undervaluation relative to its earnings potential.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 29, 2026 | $19.51-36.3% vs $30.64 | $5.2B+15.2% vs $4.5B |
Q2 2026 Apr 28, 2026 | $21.61-18.4% vs $26.47 | $2.8B-22.9% vs $3.7B |
Q1 2026 Feb 4, 2026 | $34.45+24.7% vs $27.62 | $4.2B+15.9% vs $3.6B |
Q4 2025 Oct 29, 2025 | $30.90+28.6% vs $24.02 | $4.4B+17.0% vs $3.7B |
Markel Group Inc. (NYSE: MKL - Get Free Report) hit a new 52-week low on Thursday. The company traded as low as $1,712.45 and last traded at $1,716.7330, with a volume of 82771 shares trading hands. The stock had previously closed at $1,740.09. Analyst Ratings Changes A number of equities analysts have issued reports on MKL
Shares of Markel Group Inc. (NYSE: MKL - Get Free Report) have been given an average recommendation of "Reduce" by the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The
Warren Buffett's exit from Berkshire Hathaway reignited a debate value investors have circled for years: whether one smaller insurer running the same three-engine compounding model can fill the void, and whether its recent struggles make it a trap or an
Markel International appoints Nick Rugg to Head of Financial Institutions and Fintech - PFR and Cyber, InternationalPR NewswireLONDON, Sept. 17, 2026LONDON, Sept. 1
Benchmark MKL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Markel Corporation (MKL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1737.18 | $21.52B | 10.27 | -0.96% | 12.7% | 11.52% | 2.79% | |
| $55.94 | $5.13B | 12.83 | 6.33% | 22.22% | 24.37% | — | |
| $221.09 | $10.21B | 20.82 | 7.17% | 14% | 24.52% | — | |
| $184.25 | $2.35B | 7.41 | 20.21% | 32.6% | 28.69% | — | |
| $25.67 | $1.51B | 11.21 | 3.62% | -10.83% | -19.42% | — | |
| $68.98 | $25.68B | 15.50 | 7.82% | 12.64% | 19.47% | — |
Markel Corporation (MKL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Markel Corporation (MKL) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 22, 2026·SEC
May 20, 2026·SEC
Feb 26, 2026·SEC
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Markel Corporation (MKL) stock FAQ — growth, dividends, profitability & financials explained
Markel Corporation (MKL) saw revenue decline by 1.0% over the past year.
Yes, Markel Corporation (MKL) is profitable, generating $2.28B in net income for fiscal year 2025 (12.7% net margin).
Yes, Markel Corporation (MKL) pays a dividend with a yield of 2.79%. This makes it attractive for income-focused investors.
Markel Corporation (MKL) has a return on equity (ROE) of 11.5%. This is reasonable for most industries.
Markel Corporation (MKL) has a combined ratio of 83.5%. A ratio below 100% indicates underwriting profitability.
