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Companies / Financials / Markel Group Inc.
MKL

Markel Group Inc.

FinancialsProperty & Casualty Insurance
Ticker MKLGLEN ALLEN, VAFiscal year ends DecemberBook value per share $1461.75Diluted shares 13.0M

Markel Group Inc. (NYSE: MKL) is a holding company that owns independently operated businesses across insurance and other industries. Its cornerstone Markel Insurance business provides specialty coverage for hard-to-place risks, including general and professional liability, property, marine and energy, personal lines,… From the company’s description.

In fiscal 2025, Markel Group Inc. reported revenue of $15.51B, down 6.7% from fiscal 2024, and net income of $2.15B. Its operating margin was 20.6%, and operations generated $2.76B in cash. Over the twelve months to Jun 30, 2026, revenue was $15.08B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$15.51BFY2025
−6.7% year over year
Last 12 mo $15.08B
20.59%FY2025
−1.7 percentage points
Last 12 mo 20.50%
$2.15BFY2025
−24.4% year over year
Last 12 mo $2.33B
11.33%FY2025
−4.9 percentage points
Last 12 mo 12.02%
Cash & financing
$2.76BFY2025
+6.4% year over year
Last 12 mo $2.33B
$2.55BFY2025
+9.2% year over year
Last 12 mo $2.12B
0.23FY2025
Was 0.26× a year earlier
Last 12 mo 0.23
12.3MFY2025
−9.6% year over year
Last 12 mo 13.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Markel Group Inc. does

In the company’s own words

Markel Group Inc. (NYSE: MKL) is a holding company that owns independently operated businesses across insurance and other industries. Its cornerstone Markel Insurance business provides specialty coverage for hard-to-place risks, including general and professional liability, property, marine and energy, personal lines, workers’ compensation, and surety, serving businesses and individuals through brokers, agents, and other channels. The company reports four segments: Markel Insurance, Industrial, Financial, and Consumer and Other. In 2025, they generated operating revenues of $9.4 billion, $3.9 billion, $737 million, and $1.4 billion, respectively. Industrial businesses include building-products distribution, precast concrete, fire safety, bakery equipment, and heavy-lift cranes; Financial includes insurance fronting, collateral protection, and investment management; Consumer and Other includes ornamental plants, technology consulting, homebuilding, and handbags. Markel Group also invests in publicly traded companies. Total operating revenues were $15.5 billion in 2025, and year-end total assets were $68.9 billion. Its website is www.mklgroup.com.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
GLEN ALLEN, VA
Fiscal year end
December
CIK
1096343
SIC
6331

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.81B$3.22B$8.25B$13.27B$18.30B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Markel Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

403
funds hold it
3 of 35
superinvestors hold it
$5.50B
held by funds, at market
23.4%
of shares held by funds
9
bond issues held by funds

Superinvestors in Markel Group Inc. · what they did last quarter

Francois RochonDECREASED -28.1%
Giverny Capital
2.0%of 13F portfolio
Josh TarasoffDECREASED -10.0%
Greenlea Lane Capital Management
10.9%of 13F portfolio
Tom RussoDECREASED -13.9%
Gardner Russo & Quinn
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Markel Group Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.22%of fund net assets
MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.29%of fund net assets
Eaton Vance Atlanta Capital SMID-Cap Fund
EAASX · Eaton Vance Growth Trust
2.86%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Markel Group Inc.’s bonds, as funds hold them

Funds report holding 9 issues of Markel Group Inc.’s debt, $287.15M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.37%, maturing 2027 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Markel Group Inc. and its peers compare on margins and cash generation over ten years?”
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