Markel Group Inc.

NYSE:MKL Stock Report

Market Cap: US$26.3b

Markel Group Management

Management criteria checks 3/4

Markel Group's CEO is Tom Gayner, appointed in Jan 2023, has a tenure of 2.83 years. total yearly compensation is $9.74M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $54.24M. The average tenure of the management team and the board of directors is 5.7 years and 5.3 years respectively.

Key information

Tom Gayner

Chief executive officer

US$9.7m

Total compensation

CEO salary percentage11.23%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenure5.7yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Markel Group: Good Q3, Still Needs Margin Of Safety

Oct 30

Markel Group: Positive Change In Insurance Leadership

Mar 20

Markel: Why You Should Consider Buying This Stock In 2025

Jan 28

Markel: Still A Hold

Dec 30

Markel Stock: High-Quality At A Discount

Oct 14

Markel: Remains A Long Term Buy

Sep 25

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

Aug 22

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

Jun 02

Markel: Buybacks Are A Good Sign

Mar 05

Markel: Listening To Warren Buffett And Being Cautious

Feb 16

Markel: I Still See Value In The Long Term

Feb 05

Markel Group: Soaring Investment Income And Value

Jan 22

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

Dec 06

Markel Group: Outstanding Business For 2024 And Beyond

Nov 24

Markel Set To Resume Historical Growth Rate As Headwinds Subside

Sep 20

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

Sep 13

Markel: An Undervalued Financial Holding Company

Jul 04

CEO Compensation Analysis

How has Tom Gayner's remuneration changed compared to Markel Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$2b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$10mUS$1m

US$3b

Sep 30 2024n/an/a

US$3b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$8mUS$1m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$269m

Dec 31 2022US$4mUS$1m

-US$322m

Sep 30 2022n/an/a

-US$130m

Jun 30 2022n/an/a

US$36m

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$5mUS$1m

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$4mUS$1m

US$769m

Sep 30 2020n/an/a

US$451m

Jun 30 2020n/an/a

US$215m

Mar 31 2020n/an/a

-US$193m

Dec 31 2019US$5mUS$1m

US$2b

Sep 30 2019n/an/a

US$539m

Jun 30 2019n/an/a

US$743m

Mar 31 2019n/an/a

US$521m

Dec 31 2018US$4mUS$981k

-US$133m

Compensation vs Market: Tom's total compensation ($USD9.74M) is about average for companies of similar size in the US market ($USD13.44M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Tom Gayner (64 yo)

2.8yrs
Tenure
US$9,737,887
Compensation

Mr. Tom Gayner is the Chief Executive Officer of Markel|Eagle Partners, LLC. Mr. Gayner serves as a member of Markel|Eagles Partners’ Board of Managers. Gayner also serves on the boards of The Coca-Cola Co...

Leadership Team

NamePositionTenureCompensationOwnership
Thomas Gayner
CEO & Director2.8yrsUS$9.74m0.21%
$ 54.2m
Brian Costanzo
CFO & Chief Financial Officer of Markel Insurance Operations1.9yrsUS$1.71m0.0043%
$ 1.1m
Michael Heaton
Executive VP & COO1.8yrsUS$4.04m0.017%
$ 4.4m
Richard Grinnan
Senior VP11.4yrsUS$2.45m0.015%
$ 3.9m
Meade Grandis
Chief Accounting Officer & Controller1.9yrsno data0.054%
$ 14.1m
Jennifer Blackwell
Deputy Chief Communications Officer5.8yrsno datano data
Frederick May
Vice President of Sales & Business Development6.8yrsno datano data
Jeff Lamb
Executive Director of Programs and Alliances - Markel Specialtyno datano datano data
Sal Pollaro
Regional President for Northeast region of US Wholesale & Specialty divisionless than a yearno datano data
Sarah Gavlick
Chief Retail Officer5.7yrsno datano data
Wendy Houser
Chief Wholesale Officer5.7yrsno datano data
Philip Freda
Head of Public Entity Business - Markel Global Reinsurance & MD of Markel Global Reinsurance13yrsno datano data
5.7yrs
Average Tenure
52yo
Average Age

Experienced Management: MKL's management team is seasoned and experienced (5.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thomas Gayner
CEO & Director9.3yrsUS$9.74m0.21%
$ 54.2m
Michael O'Reilly
Lead Independent Director12.5yrsUS$335.36k0.030%
$ 7.8m
Steven Markel
Chairman of the Board47.8yrsUS$1.24m0.63%
$ 164.4m
Jonathan Michael
Independent Directorless than a yearUS$47.89k0.0014%
$ 370.3k
Mark Besca
Independent Director5yrsUS$300.85k0.0083%
$ 2.2m
Harold Morrison
Independent Director5.8yrsUS$293.42k0.0080%
$ 2.1m
Greta Harris
Independent Director4.5yrsUS$289.81k0.0050%
$ 1.3m
Diane Leopold
Independent Director7.5yrsUS$297.53k0.021%
$ 5.4m
Anne Puckett
Independent Director5.3yrsUS$302.03k0.014%
$ 3.7m
Morgan Housel
Independent Director4yrsUS$302.03k0.0069%
$ 1.8m
Lawrence Cunningham
Independent Director2.5yrsUS$301.04k0.0073%
$ 1.9m
5.3yrs
Average Tenure
64yo
Average Age

Experienced Board: MKL's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 04:41
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Markel Group Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Jay CohenBofA Global Research
Charles LedererCitigroup Inc