MKLMARKEL GROUP INC.
Fire, Marine & Casualty Insurance
- Revenue
- $15.5B
- 4.7% YoY
- Operating margin
- 20.6%
- 18% YoY
- EBITDA
- $3.2B
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.2×
- $758M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear131% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear16% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $4.0B | $5.2B | $14.3B | $14.8B | $15.5B | 4.7% |
| Operating income | $3.2B | −$93M | $2.9B | $3.7B | $3.2B | 14% |
| Net income | $2.4B | −$216M | $2.0B | $2.7B | $2.1B | 23% |
| Operating cash flow | $2.3B | $2.7B | $2.8B | $2.6B | $2.8B | 6.4% |
| Capex | $145M | $255M | $259M | $255M | $207M | 19% |
| Buybacks | $207M | $291M | $445M | $573M | $430M | 25% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.