Markel Group (MKL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Markel Group

NYSE•Financial Services•Insurance - Property & Casualty

$1,876.38+6.29(<0.01%)Market open

Market Cap

$23.16B

P/E

12.9x

P/S

1.5x

P/B

1.3x

Markel Group Inc. engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific. It operates through Markel Insurance, Industrial, Financial, and Consumer and Other segments. The company offers general and professional liability, specialty programs, workers' compensation, and marine and energy insurance; personal lines insurance, such as property coverage for homeowners; property insurance coverages, including fire, windstorm, hail, water damage, and catastrophe-exposed property risks, such as earthquake and wind; and credit and surety products. It also distributes exterior building products, such as siding, windows, doors, roofing, and gutters; invests in asset and wealth management companies; engages in the homebuilding of single-family homes, townhouses, and condominiums; designs and provides leather handbags and accessories; owns and operates manufactured housing communities; and sponsors teachers for placement. In addition, the company offers structural and architectural precast concrete; ornamental plants; industrial bakery equipment; over-the-road car-hauling equipment, such as trailers; cutter suction and auger dredges; and laminated oak and composite flooring for trailers. Further, it provides fire protection, life safety, and low-voltage solutions; heavy lift crawler cranes; erosion control and stormwater management; gas containment and transportation equipment; wall panel systems and dorm room furniture; insurance-linked securities investment and insurance management; equipment leasing; fronting and automobile collateral protection coverage; information technology consulting; data collection and pricing intelligence solutions; and concierge healthcare membership services. The company was formerly known as Markel Corporation and changed its name to Markel Group Inc. in May 2023. Markel Group Inc. was founded in 1930 and is headquartered in Glen Allen, Virginia.

How this company scores

AverageMetricSide Score: 54/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Growth (8/25).

Profitability12/25

Growth8/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality13/25

Strengths

Strong marginsLow leverageNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.9x5y range 6.9x – 236.9x

Currently near its 18-quarter median.

P/S · 1.5x5y range 1.2x – 2.0x

Currently near its 20-quarter median.

P/B · 1.3x5y range 1.2x – 1.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 14.9% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $23.16B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.30B
Q. Revenue: $4.16B
TTM EBITDA: $2.47B
TTM Op. Income: $2.47B
Q. Op. Income: $383.23M
TTM Net Income: $1.79B
Q. Net Income: $259.25M
EPS: N/A
Shares Out.: $12.40M

$15.30B in TTM revenue declined 3.0% YoY, reaching $4.16B last quarter. TTM EBITDA of $2.47B and TTM operating income of $2.47B show growth is flowing through to the bottom line. TTM net income of $1.79B means revenue is converting into profit. Over the past year, TTM revenue is down 3% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 9.2%
Op. Margin: 9.2%
Net Margin: 6.2%

Op. margin of 9.2% is down 16.4% YoY — costs are rising relative to revenue. Net margin at 6.2% Over the past year, operating margin is down 64% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.9x
P/S Ratio: 1.5x
P/B Ratio: 1.3x

At 12.9x P/E, the stock trades below typical market levels. P/S of 1.5x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 13% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $72.08B
Cash: $3.60B
Long-Term Debt: $4.36B
Book Value: $18.51B
D/E Ratio: 0.2
Debt/EBITDA: 11.4

With $72.08B in assets and $4.36B in long-term debt, D/E is 0.2and book value is $18.51B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 1% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $946.02M
TTM Free Cash Flow: $1.80B
FCF Margin: 11.8%
FCF / Net Income: 1.0

TTM FCF of $1.80B on $946.02M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.