Markel Group Inc

NYSE : MKL
$1,850.13+0.56%Oct 16 close

Financials

Income statement · full history

USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.

Income statement, full reported history for 0001096343. USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
Reported line itemJan 1, 2017 to Dec 31, 2017Jan 1, 2018 to Dec 31, 2018Jan 1, 2019 to Dec 31, 2019Jan 1, 2020 to Dec 31, 2020Jan 1, 2021 to Dec 31, 2021Jan 1, 2022 to Dec 31, 2022Jan 1, 2023 to Dec 31, 2023Jan 1, 2024 to Dec 31, 2024Jan 1, 2025 to Dec 31, 2025
Earned premiums4,247.984,712.065,049.795,612.216,503.037,587.798,295.488,432.418,715.67
Net investment income405.71434.22451.89375.83R367.42R446.76734.53920.5970.43
Products revenues951.011,497.521,609.591,439.521,712.122,427.12,545.052,635.662,578.54
Other-than-temporary impairment lossesno longer reported(7.59)00
Services and other revenues462.26635.08813.21,689.54R2,285.33R2,809.432,704.512,824.983,248.6
Net realized investment gains (losses), excluding other-than-temporary impairment lossesno longer reported47.17R(11.97)(1.48)
Total Operating Revenues6,061.666,841.299,526.199,735.0712,846.4311,675.3414,279.58R14,813.54R15,513.23
Change in fair value of equity securitiesno longer reported(44.89)(425.62)1,603.2
Net investment gains(5.3)(437.6)1,601.72617.981,978.53(1,595.73)1,524.051,807.221,076.08
Losses and loss adjustment expenses2,865.762,820.722,891.193,466.963,581.214,445.595,322.015,052.755,079.85
Underwriting, acquisition and insurance expenses1,589.46R1,777.511,878.092,017.632,293.742,515.582,840.732,977.393,133.16
Products expenses850.451,413.251,455.251,256.161,544.512,241.742,220.682,272.222,287.39
Services and other expenses458.62474.92675.681,561.122,024.93R2,306.99R2,310.772,424.372,709.05
Amortization of intangible assets80.76115.93148.64159.32160.54178.78180.61181.47185.01
Total Operating Expenses5,845.05R6,801.537,048.858,461.189,604.92R11,768.67R12,874.812,908.213,394.46
Impairment of goodwillno longer reported008000
Impairment of goodwill and intangible assetsno longer reported0199.200
Operating Income216.61R39.762,477.351,273.883,241.51R(93.34)R2,928.833,712.563,194.85
Interest expense(132.45)(154.21)(171.69)(177.58)(183.58)(196.06)(185.08)(204.3)(205.91)
Net foreign exchange gains (losses)3.14106.6(2.27)(95.85)71.9R137.83R(90.05)129.44(256.23)
Income Before Income Taxes87.3(7.86)2,285.811,000.453,129.83R(151.57)R2,653.713,637.72,732.71
Loss on early extinguishment of debtno longer reported00(17.59)00
Income tax expense313.46(122.5)(486.35)(168.68)(683.96)R48.21R(552.62)(790.29)(580.3)
Net Income400.76(130.35)1,799.46831.772,445.87R(103.36)R2,101.092,847.412,152.41
Net income attributable to noncontrolling interests(5.49)2.17(9)(15.74)(22.73)(112.92)(105.03)(100.38)(45.4)
Net Income to Shareholders395.27(128.18)1,790.47816.032,423.14R(216.28)R1,996.062,747.022,107.01
Preferred stock dividends and redemption premiums00(18.4)(36)(36)(36)(36)(26.11)
Net Income to Common Shareholders(128.18)1,790.47797.632,387.14R(252.28)R1,960.062,711.022,080.9
Change in net unrealized losses on available-for-sale investments, net of taxes763.04(233.48)297.98352.77(404.7)R(1,154.83)R306.9(130.3)490.35
Net holding gains (losses) arising during the periodno longer reported787.34(241.33)299.13356.16(398.08)R(1,199.74)R278.36(148.3)
Other, net of taxes(17.57)(8.46)17.24
Reclassification adjustments for net losses included in net income (loss)no longer reported(24.3)7.85(1.15)(3.39)(6.62)44.9128.5418.01
Change in discount rate for life and annuity benefits, net of taxesno longer reported49.41149.87(22.34)0.25
Total Other Comprehensive Income (Loss)779.75(247.63)303.4375.62(347.11)R(989.49)R289.34(138.75)507.59
Change in foreign currency translation adjustments, net of taxesno longer reported10.45(16.5)0.3829.85(0.21)(9.26)4.7(3.77)
Comprehensive Income1,180.51(377.98)2,102.861,207.392,098.76R(1,092.84)R2,390.432,708.652,659.99
Change in net actuarial pension loss, net of taxesno longer reported6.262.345.04(7)8.3924.730.07(4.95)
Comprehensive income attributable to noncontrolling interests(5.54)2.21(8.98)(15.76)(22.73)(112.94)(105.08)(100.5)(45.36)
Comprehensive Income to Shareholders1,174.97(375.77)2,093.891,191.632,076.03R(1,205.78)R2,285.342,608.152,614.63
Basic (dollars per share)25.89(9.55)129.2555.67176.79R(23.72)R147.32199.69169.74
Diluted (dollars per share)25.81(9.55)129.0755.63176.38R(23.72)R146.98199.32169.22

History starts FY2017, the period ended Dec 31, 2017 — the earliest period our structured-data source covers, not the company’s first year.

41 reported lines · 9 periods · values taken from the latest filing that prints each period.

  • R42 restated by the filer — hover for the figure as first reported.
  • italic22 from an earlier filing than the rest of the column.
  • no longer reported11 lines the filer stopped printing.
  • — the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.

321 of 321 values link to the exact element in the filer’s own document.

Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.

Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.