Markel Earnings: Better Underwriting Results Offset by Equity Losses
Markel continued to show progress in improving its underwriting in the third quarter, but losses on the equity portfolio were a drag on results.
Markel Group Inc MKL
Bulls Say, Bears Say
Bulls
Markel's focus on specialty lines creates the potential for a moat.
Bears
Markel's relatively large exposure to equities makes the company much more vulnerable than peers to a bear market and reduces the upside from higher interest rates.
News
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Markel Advances Strategic Focus on Specialty Insurance, Announces Adverse Development Cover Reinsurance Agreement with Enstar on Reinsurance Business
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Markel Group reports 2026 third quarter and nine-months results
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Markel Group Inc. announces conference call date and time
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Markel strengthens Marine & Energy Liability team in London with key appointments
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Markel Canada Launches Dedicated Insurance Proposition for Contractors and Trades Businesses
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Markel International launches new chemical, oil & gas related energy property offering for small to midsize US-domiciled businesses
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Markel International appoints Nick Rugg to Head of Financial Institutions & Fintech - PFR & Cyber, International
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Markel International bolsters leadership in new Marine Transportation business with two key appointments
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Shares Outstanding
- 12.23M
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 12.88
- Price/Sales
- 1.45
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- 3.37%
Company Profile
Markel's primary business is property-casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Stock Style Box
- Mid Core
- Total Number of Employees
- 22,900
- Website
- https://www.mklgroup.com
Competitors
Valuation
|
Metric
|
MKL
|
FFH
|
WRB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.88 | 8.87 | 15.62 |
Price/Book Value | 1.24 | 1.45 | 2.86 |
Price/Sales | 1.45 | 1.36 | 1.96 |
Price/Cash Flow | 11.42 | — | 15.63 |
Price/Earnings
MKL
FFH
WRB
Financial Strength
|
Metric
|
MKL
|
FFH
|
WRB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 12.41 | 8.40 | 20.01 |
Quick Ratio
No chart available
Profitability
|
Metric
|
MKL
|
FFH
|
WRB
|
|---|---|---|---|
Return on Assets (Normalized) | 2.63% | 4.84% | — |
Return on Equity (Normalized) | 9.93% | 20.69% | — |
Return on Invested Capital (Normalized) | 8.56% | 13.11% | — |
Return on Assets
MKL
FFH
WRB
Insurance - Property & Casualty Industry Comparables
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United States