Markel Group Inc (MKL)
UndervaluedFundamental
77
Price
$1870.09
Market Cap
$23.19B
Part 1 · What the company is worth
Overview
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.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
The closest like-for-like peer: a decentralized US specialty property and casualty insurer whose many underwriting units chase the same excess and surplus lines and niche commercial accounts through the same wholesale brokers as Markel.
Competes with Markel on both sides of its underwriting business, writing specialty commercial insurance in the US and London market and global reinsurance for the same cedents.
A pure excess and surplus lines insurer for small and mid-sized commercial risks, competing directly for the wholesale-brokered business that is the core of Markel's US insurance engine.
A specialty property and casualty underwriter targeting the same hard-to-place niche risks — surety, transportation, professional and personal umbrella lines — that Markel's excess and surplus lines units write.
Markel's closest structural rival: a holding company that writes specialty insurance and reinsurance worldwide and reinvests the float in listed securities and wholly owned operating businesses, competing for the same underwriting accounts and the same acquisitions.
The largest publicly traded property and casualty insurer, whose specialty commercial and excess and surplus divisions bid against Markel for the same mid-market and complex corporate accounts.
Balance Sheet & Liquidity
Revenue
$15.51B
Trailing 12 months (through 6/30/2026)
Net Income
$2.28B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$2.55B
Total Equity
$18.60B
Total Liabilities
$49.80B
Current Ratio
-
Interest Coverage
15.16
Debt/EBITDA
1.23
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$2596.32
Current Price
$1870.09
Margin of Safety
+28.0%
Fair Value Range
$1687.61 - $3505.04
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
10.31
ROE
11.3%
P/B Ratio
1.22
P/FCF
10.94
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
7.3%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (19)
- EPS shows upward trend
- Price CAGR 7.11%
- P/FCF 10.94
- P/B ratio 1.22
- Debt/equity ratio
- Operating margin 19.9%
- Positive free cash flow
- CapEx intensity
- Interest coverage
- Debt/EBITDA
- Return on tangible assets
- Low reliance on intangibles
- Price below Graham Number
- ROE 12.4%
- Revenue growth 5Y 11.3%
- Earnings surprise, average 31.5%
- PEG ratio 0.44
- Earnings quality (operating cash flow / net income) 1.02
- Share dilution -9.7%
Failed (3)
- DCF valuation (Overvalued)
- Net margin trend 14.7% vs 15.7%
- Piotroski F-Score 4/9
Unavailable (4)
- ROIC –
- Gross margin –
- Dividend payout –
- Current ratio
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Thomas Sinnickson Gayner | CEO & Chairman | 64 |
| Mr. Brian Jeffrey Costanzo | CFO & Chief Financial Officer of Markel Insurance Operations | 47 |
| Mr. Richard Randolph Grinnan | Senior VP, Chief Legal Officer & Secretary | 56 |
| Mr. Simon Wilson | Executive VP and CEO & Co-President of Markel Insurance | 47 |
| Ms. Meade P. Grandis | Chief Accounting Officer & Controller | - |
| Ms. Amy McCann | Chief Administrative Officer | - |
| Ms. Jennifer Blackwell | Deputy Chief Communications Officer | - |
| Mr. Frederick W. May Jr. | Vice President of Sales & Business Development | - |
| Mr. Jeff Lamb | Executive Director of Programs and Alliances - Markel Specialty | - |
| Mr. Sal Pollaro Jr. | Regional President for Northeast region of US Wholesale & Specialty division | - |
Audit Risk
1
Board Risk
6
Compensation Risk
1
Shareholder Rights Risk
2
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-26
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-29
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-08
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much MKL moves, measured on its daily prices.
More volatile than 7% of the tracked stocks (90-day volatility).
- Volatility 30d
- 16.1%
- Volatility 90d
- 20.3%
- Beta vs S&P 500 (1y)
- 0.02Correlation 0.02
- Max drawdown (12m)
- -21.9%
- ATR (14d, % of price)
- 1.59%
Earnings reactions
How MKL moved around its past quarterly results.
Next earnings release
Oct 28, 2026 · In 4 days · After the close
EPS estimate: 27.76Revenue estimate: $3.8B
What usually happens
- Over the last 10 releases the stock moved a median of 5.2% the next day, up or down.
- Next-day moves: up 6, down 4 (out of 10).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Feb 4, 2026 | After the close | 25.99 | 66.70 | +156.7% | +2.2% | +2.0% | +2.2% |
| Oct 29, 2025 | After the close | 23.35 | 32.44 | +38.9% | +3.5% | +6.1% | +9.4% |
| Feb 5, 2025 | After the close | n/a | n/a | n/a | +1.9% | +10.7% | +2.1% |
| Jan 31, 2024 | After the close | n/a | n/a | n/a | -7.2% | -6.8% | -3.5% |
| Feb 1, 2023 | After the close | n/a | n/a | n/a | -1.5% | -7.0% | -2.1% |
| Feb 2, 2022 | After the close | n/a | n/a | n/a | -0.5% | -2.4% | -2.4% |
| Feb 2, 2021 | After the close | n/a | n/a | n/a | +2.1% | +4.0% | +8.9% |
| Feb 4, 2020 | After the close | n/a | n/a | n/a | +1.1% | +5.6% | +9.5% |
| Feb 5, 2019 | After the close | n/a | n/a | n/a | -2.0% | -4.8% | -3.5% |
| Feb 8, 2017 | After the close | n/a | n/a | n/a | 0.0% | +3.4% | +4.8% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on MKL and what the price did next.
- 4/30/2026PositiveJana Pushes Markel to Divest Ventures, Buy Back $2 Billion Shares
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for MKL.
- 4/30/2026POSITIVEJana Pushes Markel to Divest Ventures, Buy Back $2 Billion Shares
Activist investor Jana Partners is urging Markel Group Inc. to divest its venture capital arm and repurchase $2 billion of its own stock. This dual strategy aims to unlock shareholder value by streamlining operations and directly returning capital to investors. The divestiture of the venture arm could allow Markel to focus on its core insurance business, potentially improving profitability and operational efficiency. The significant share buyback program is expected to reduce the number of outstanding shares, thereby increasing earnings per share and potentially driving up the stock price. Investors will be watching Markel's response closely.