MKL Stock Overview

A diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. More details

MKL fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 22.9% below our estimate of its fair value

Earnings grew by 51.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 13.6% per year for the next 3 years

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 6 Analysts

Elevated Losses From Runoff Insurance Will Pressure Margins Through 2025

Key Takeaways Short-term revenue and net margin pressures are expected due to high losses from runoff insurance and decreased premiums amid ongoing market corrections. Elevated expenses from talent investments and reinsurance challenges may constrain earnings despite positive Nephila performance and conservative strategies.

View narrative

US$1.66k

4.0% overvalued

0.09%

Revenue growth p.a.

2 days ago

Markel Group Inc. Competitors

Erie Indemnity

NasdaqGS:ERIE

US$21.4b

W. R. Berkley

NYSE:WRB

US$22.1b

Cincinnati Financial

NasdaqGS:CINF

US$22.2b

Loews

NYSE:L

US$17.8b

Price History & Performance

Summary of share price highs, lows and changes for Markel Group
Historical stock prices
Current Share Price	US$1,727.20
52 Week High	US$1,809.11
52 Week Low	US$1,342.66
Beta	0.78
1 Month Change	1.95%
3 Month Change	9.97%
1 Year Change	24.54%
3 Year Change	42.90%
5 Year Change	53.89%
Change since IPO	14,573.56%

If EPS Growth Is Important To You, Markel Group (NYSE:MKL) Presents An Opportunity

Nov 22

Markel Stock: High-Quality At A Discount

Oct 14

Recent updates

If EPS Growth Is Important To You, Markel Group (NYSE:MKL) Presents An Opportunity

Nov 22

Shareholder Returns

	MKL	US Insurance	US Market
7D	-0.5%	-2.8%	-3.5%
1Y	24.5%	25.2%	22.1%

Return vs Industry: MKL matched the US Insurance industry which returned 25.2% over the past year.

Return vs Market: MKL exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is MKL's price volatile compared to industry and market?
MKL volatility
MKL Average Weekly Movement	2.8%
Insurance Industry Average Movement	4.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MKL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MKL's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1930	21,600	Tom Gayner	www.markel.com

Markel Group Inc., a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. It also offers credit and surety products, and collateral protection insurance products.

Markel Group Inc. Fundamentals Summary

How do Markel Group's earnings and revenue compare to its market cap?
MKL fundamental statistics
Market cap	US$21.87b
Earnings (TTM)	US$2.85b
Revenue (TTM)	US$17.42b

7.8x

P/E Ratio

1.3x

P/S Ratio

Is MKL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKL income statement (TTM)
Revenue	US$17.42b
Cost of Revenue	US$8.33b
Gross Profit	US$9.09b
Other Expenses	US$6.24b
Earnings	US$2.85b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	221.50
Gross Margin	52.19%
Net Profit Margin	16.35%
Debt/Equity Ratio	24.7%

How did MKL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:11
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Markel Group Inc. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jacob Kilstein	Argus Research Company
Robert Farnam	Boenning & Scattergood, Inc.
Jay Cohen	BofA Global Research

MKL Stock Overview

Rewards

Risk Analysis

Elevated Losses From Runoff Insurance Will Pressure Margins Through 2025

Markel Group Inc. Competitors

NasdaqGS:ERIE

US$21.4b

NYSE:WRB

US$22.1b

NasdaqGS:CINF

US$22.2b

NYSE:L

US$17.8b

Price History & Performance

Recent News & Updates

If EPS Growth Is Important To You, Markel Group (NYSE:MKL) Presents An Opportunity

Markel Group Inc. (NYSE:MKL) announces an Equity Buyback for $2,000 million worth of its shares.

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Markel Group Inc. Appoints Jim Hinchley as Chief Retail Officer

Markel Stock: High-Quality At A Discount

Markel Group Inc. Appoints Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie

Recent updates

If EPS Growth Is Important To You, Markel Group (NYSE:MKL) Presents An Opportunity

Markel Group Inc. (NYSE:MKL) announces an Equity Buyback for $2,000 million worth of its shares.

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Markel Group Inc. Appoints Jim Hinchley as Chief Retail Officer

Markel Stock: High-Quality At A Discount

Markel Group Inc. Appoints Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie

Markel: Remains A Long Term Buy

Markel Appoints April Tam as Senior Underwriter, Professional Financial Risk & Cyber and Head of Financial Institutions in Asia

Markel Appoints Rhys O'neill as Senior Underwriter, Marine & Energy Liability in International Specialty

Markel Group's Q2: Nearly A Century Of Growth Facing Modern Headwinds

Markel Group Inc. Announces the Appointment of Grant Smith as Director, Marine & Energy Liability, International Specialty

Markel Enhances Singapore and Hong Kong Presence with Strategic Hires

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Markel, Insurance Operations Within Markel Group Inc., Appoints Jennifer Devereaux as Executive Underwriting Officer, Casualty, Effective September 3, 2024

Now 21% undervalued

Markel Appoints Jennifer Gebran as Head of Casualty for MENA

Markel Group Inc. Appoints Phil Schmidt as Chief Strategy Officer

Markel Group Inc. (NYSE:MKL) entered into a definitive agreement to acquire unknown majority stake in Valor Environmental.

Now 21% undervalued

Markel Group: Higher-For-Longer Interest Rates Are Increasing Profitability

Chairman of the Board notifies of intention to sell stock

Now 20% undervalued

The Price Is Right For Markel Group Inc. (NYSE:MKL)

Consensus EPS estimates increase by 30%

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Markel Promotes Chloe Gordge to Head of Terrorism in London

Markel Group Inc. Announces K. Bruce Connell Is Not Standing for Re-Election as Director

Markel Appoints Oliver Atkin to Head of Bloodstock for London Markets

Markel: Buybacks Are A Good Sign

Markel Group Inc. Appoints Mike Heaton as Chief Operating Officer

Markel: Listening To Warren Buffett And Being Cautious

Markel: I Still See Value In The Long Term

New major risk - Revenue and earnings growth

Markel Group: Soaring Investment Income And Value

Markel Appoints Sebastian Rice as a Senior Underwriter and Head of Business Development for Europe

Revenues Tell The Story For Markel Group Inc. (NYSE:MKL)

Markel Group Inc. Names Meade Grandis Chief Accounting Officer and Controller of Group

Markel: A Hiccup In The Insurance Engine, I'm Still Holding

Markel Group Inc. Announces the Departure of Bob Cox as President and Chief Operating Officer, Global Insurance Operations, Effective from December 31, 2023

Markel Group: Outstanding Business For 2024 And Beyond

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Markel Announces Executive Changes

Markel Appoints Stephen Rogers as Head of Queensland

Markel Group Inc. Appoints Brook Styles as Head of Cargo

Markel Group Inc., Annual General Meeting, May 22, 2024

Markel Set To Resume Historical Growth Rate As Headwinds Subside

Markel Group: A Specialty Insurance Company With A Long-Term Growth Potential

Chairman of the Board notifies of intention to sell stock

Markel, the Insurance Operation Within Markel Group Inc. Appoints Andrew Umphress as the Head of Terrorism for North America

Consensus EPS estimates increase by 16%

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Markel Group Inc. Announces Senior Leadership Appointments Within Markel Specialty Division

Markel: An Undervalued Financial Holding Company

Markel Group Inc.(NYSE:MKL) dropped from Russell 1000 Growth Index

MARKEL GROUP INC Promotes Sal Pollaro to Executive Underwriting Officer

Insider recently bought US$67k worth of stock

Independent Director recently bought US$101k worth of stock