Markel Group financials
$1,740.09−0.02%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.02B | $2.82B | $4.22B | $4.37B | $4.02B | $3.40B | $3.84B | $4.61B | $3.70B | $4.47B | $4.64B | $3.38B |
| Gross profit | $2.10B | $916.4M | $2.11B | $2.33B | $1.96B | $1.40B | $1.81B | $2.58B | $1.76B | $2.44B | $5.16B | $1.27B |
| Gross margin | 52.1% | 32.5% | 49.9% | 53.4% | 48.7% | 41.1% | 47.2% | 55.9% | 47.5% | 54.6% | 111.1% | 37.7% |
| Operating income | $392.8M | -$273.3M | $795.1M | $1.01B | $527.1M | $282.5M | $595.5M | $1.37B | $410.0M | $1.34B | $1.13B | $72.8M |
| Net income | $1.17B | -$238.7M | $606.2M | $746.7M | $632.3M | $155.1M | $500.7M | $862.4M | $243.6M | $992.6M | $750.4M | $42.0M |
| Net margin | 29.1% | −8.5% | 14.4% | 17.1% | 15.7% | 4.6% | 13.0% | 18.7% | 6.6% | 22.2% | 16.2% | 1.2% |
| Diluted EPS | $92.76 | $-18.90 | $48.79 | $59.25 | $49.67 | $12.08 | $38.80 | $66.25 | $18.62 | $75.43 | $56.50 | $3.14 |
| EBITDA | $392.8M | -$273.3M | $1.04B | $1.01B | $527.1M | $282.5M | $814.3M | $1.37B | $410.0M | $1.34B | $1.13B | $72.8M |
| Operating cash flow | $428.9M | $15.9M | $662.2M | $1.22B | $504.4M | $376.2M | $493.9M | $890.8M | $578.6M | $630.7M | $822.5M | $955.7M |
| Free cash flow | $384.5M | -$31.4M | $599.1M | $1.17B | $453.8M | $335.5M | $420.0M | $838.9M | $521.4M | $558.7M | $719.0M | $880.0M |
| Diluted shares | 12.6M | 12.6M | 12.4M | 12.6M | 12.7M | 12.8M | 12.9M | 13.0M | 13.1M | 13.2M | 13.3M | 13.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.42B | $3.68B | $3.96B | $4.05B | $3.72B | $4.19B |
| Short-term investments | $644.8M | $500.8M | $638.6M | $567.7M | $574.9M | $481.3M |
| Total debt | $4.37B | $4.38B | $4.30B | $4.28B | $4.36B | $4.39B |
| Total assets | $71.26B | $68.60B | $68.91B | $67.39B | $66.79B | $64.60B |
| Total liabilities | $51.79B | $49.95B | $49.80B | $48.80B | $48.92B | $46.85B |
| Shareholders' equity | $19.00B | $18.13B | $18.60B | $18.06B | $17.34B | $17.16B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology