MARKEL GROUP INC.MKL
Market cap
$25.8B
P/E ratio
| Dec 31, 2010 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Earned premiums | 1,731 | 2,147 | 3,232 | 3,841 | 3,824 | 3,866 | 4,248 | 4,712 | 5,050 | 5,612 | 6,503 | 7,588 | 8,295 | 8,432 |
| Net investment income | 273 | 282 | 317 | 363 | 353 | 373 | 406 | 434 | 452 | 372 | 375 | 447 | 735 | 920 |
| Net investment gains (losses) | - | - | - | - | - | - | - | -438 | 1,602 | 618 | 1,979 | -1,596 | 1,524 | 1,807 |
| Products revenues | - | - | - | - | - | - | - | 1,498 | 1,610 | 1,440 | 1,712 | 2,427 | 2,545 | 2,636 |
| Services and other revenues | - | - | - | - | - | - | - | 635 | 813 | 1,694 | 2,278 | 2,809 | 2,705 | 2,825 |
| Total operating revenues | 2,225 | 3,000 | 4,323 | 5,134 | 5,370 | 5,612 | 6,062 | 6,841 | 9,526 | 9,735 | 12,846 | 11,675 | 15,804 | 16,621 |
| Losses and loss adjustment expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,053 |
| Underwriting, acquisition and insurance expenses | 725 | 929 | 1,312 | 1,461 | 1,455 | 1,499 | 1,587 | 1,778 | 1,878 | 2,018 | 2,294 | 2,516 | 2,841 | 2,977 |
| Products expenses | - | - | - | - | - | - | - | 1,413 | 1,455 | 1,256 | 1,545 | 2,242 | 2,221 | 2,272 |
| Services and other expenses | - | - | - | - | - | - | - | 475 | 676 | 1,561 | 2,023 | 2,307 | 2,311 | 2,424 |
| Amortization of intangible assets | 17 | 34 | 55 | 58 | 69 | 69 | 81 | 116 | 149 | 159 | 161 | 179 | 181 | 181 |
| Total Operating Expenses | 1,856 | 2,595 | 3,847 | 4,576 | 4,510 | 4,808 | 5,842 | 6,802 | 7,049 | 8,461 | 9,603 | 11,768 | 12,875 | 12,908 |
| Operating Income (Loss) | 369 | 405 | 476 | 558 | 860 | 804 | 220 | 40 | 2,477 | 1,274 | 3,244 | -93 | 2,929 | 3,713 |
| Interest expense | 74 | 93 | 114 | 117 | 118 | 130 | 132 | 154 | 172 | 178 | 184 | 196 | 185 | 204 |
| Net foreign exchange gains (losses) | - | - | - | - | - | - | - | 107 | -2 | -96 | 72 | 140 | -90 | 129 |
| Income (Loss) Before Income Taxes | - | 312 | 362 | 440 | 742 | 630 | 87 | -8 | 2,286 | 1,000 | 3,132 | -149 | 2,654 | 3,638 |
| Income tax (expense) benefit | 28 | 54 | 78 | 117 | 153 | 169 | -313 | 122 | 486 | 169 | 684 | -48 | 553 | 790 |
| Net Income (Loss) | 268 | 258 | 284 | 324 | 589 | 460 | 401 | -130 | 1,799 | 832 | 2,448 | -101 | 2,101 | 2,847 |
| Net income attributable to noncontrolling interests | 1 | 5 | 3 | 3 | 6 | 5 | 5 | -2 | 9 | 16 | 23 | 113 | 105 | 100 |
| Net Income (Loss) to Shareholders | 268 | 258 | 284 | 324 | 589 | 460 | 401 | -128 | 1,799 | 832 | 2,448 | -101 | 2,101 | 2,847 |
| Preferred stock dividends | - | - | - | - | - | - | - | - | - | 18 | 36 | 36 | 36 | 36 |
| Net Income (Loss) to Common Shareholders | - | - | - | - | - | - | - | - | - | 798 | 2,389 | -250 | 1,960 | 2,711 |
| Net holding gains (losses) arising during the period | 196 | 266 | 226 | 688 | -240 | 276 | 787 | -241 | 299 | 356 | -348 | -1,155 | 278 | -148 |
| Reclassification adjustments for net losses included in net income (loss) | 33 | 24 | 41 | 26 | 80 | 34 | 24 | -8 | 1 | 3 | 7 | -45 | -29 | -18 |
| Change in net unrealized gains (losses) on available-for-sale investments, net of taxes | - | - | - | - | - | - | - | -233 | 298 | 353 | -355 | -1,110 | 307 | -130 |
| Change in discount rate for life and annuity benefits, net of taxes | - | - | - | - | - | - | - | - | - | - | - | - | -22 | 0 |
| Change in foreign currency translation adjustments, net of taxes | - | 2 | -10 | -32 | -29 | -12 | 10 | -16 | 0 | 30 | -0 | -9 | 5 | -4 |
| Change in net actuarial pension loss, net of taxes | - | -7 | -4 | 15 | 0 | 19 | -6 | -2 | -5 | 7 | -8 | -25 | -0 | 5 |
| Total Other Comprehensive Income (Loss) | - | 250 | 178 | 615 | -350 | 211 | 780 | -248 | 303 | 376 | -347 | -1,095 | 289 | -139 |
| Comprehensive Income (Loss) | 432 | 509 | 462 | 938 | 239 | 672 | 1,181 | -378 | 2,103 | 1,207 | 2,101 | -1,196 | 2,390 | 2,709 |
| Comprehensive income attributable to noncontrolling interests | 1 | 5 | 3 | 3 | 6 | 5 | 6 | -2 | 9 | 16 | 23 | 113 | 105 | 101 |
| Comprehensive Income (Loss) to Shareholders | 431 | 504 | 459 | 936 | 233 | 667 | 1,175 | -376 | 2,094 | 1,192 | 2,078 | -1,309 | 2,285 | 2,608 |
| Basic (dollars per share) | 27.31 | 25.96 | 22.57 | 22.38 | 41.99 | 31.41 | 25.89 | -9.55 | 129.25 | 55.67 | 176.92 | -23.57 | 147.32 | 199.69 |
| Diluted (dollars per share) | 27.27 | 25.89 | 22.48 | 22.27 | 41.74 | 31.27 | 25.81 | -9.55 | 129.07 | 55.63 | 176.51 | -23.57 | 146.98 | 199.32 |