NYSE:MKLInsurance
Markel Group (MKL) Profit Margins Decline, Reinforcing Value-Focused Investment Narratives
Markel Group (MKL) reported a net profit margin of 11.9% for the most recent period, down from 16.4% a year ago. Over the past twelve months, the company’s earnings have declined, even though profits have expanded at an average pace of 10.7% annually for the past five years. Both earnings and revenue growth projections lag the broader US market. With high-quality earnings and attractive valuation multiples, but moderate forward growth, the latest results leave investors weighing Markel’s...