MKL Markel Group margins

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Relative Growth: Rel. Growth: 66
Relative Strength: Rel. Strength: 47
Relative Valuation: Rel. Valuation: 86
Relative Profitability: Rel. Profitability: 53
Gross margin
34%
Operating margin
12.9%
EBITDA margin
22.4%
Net margin
14.7%

For the latest period, Markel Group has a gross margin of 34%, an operating margin of 12.9%, an EBITDA margin of 22.4%, and a net margin of 14.7%. Operating margin reported the largest year-over-year gain at 0.3 percentage points, while EBITDA margin reported the largest decline at 0.4 percentage points.

MKL margin history

Gross, operating, EBITDA and net margin trends

Markel Group's margins averaged 33.57% gross, 12.36% operating, 22.71% EBITDA, and 14.95% net over the last 3 years. The current figures show gross and operating margins are above their three-year averages, while EBITDA and net margins are below their three-year averages.

MKL margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in operating margin, up 0.3 percentage points. The expansion was limited to operating margin, while gross margin contracted by 0.2 percentage points, EBITDA margin by 0.4 percentage points, and net margin by 0.2 percentage points.

Gross margin expansion
-0.2pp
Operating margin expansion
0.3pp
EBITDA margin expansion
-0.4pp
Net margin expansion
-0.2pp

MKL Gross margin

Over the last 3 years, Markel Group's gross margin averaged 33.57%. The current gross margin of 34% is 0.4 percentage points above its three-year average. During this period, gross margin reached a high of 35.1% in Mar 2026 and a low of 30.8% in Jun 2024.

MKL Operating margin

Markel Group recorded an average operating margin of 12.36% across the last 3 years. Markel Group currently reports an operating margin of 12.9%, 0.5 percentage points above its three-year average. The highest operating margin for Markel Group was 13.8% in Mar 2026, while the lowest was 9.7% in Jun 2024.

MKL EBITDA margin

Across the last 3 years, Markel Group's EBITDA margin stood at 22.71%. The current EBITDA margin stands at 22.4%, 0.3 percentage points below its three-year average. EBITDA margin was highest at 28.9% in Sep 2024 and lowest at 18.1% in Mar 2026.

MKL Net margin

Across the last 3 years, Markel Group's net margin stood at 14.95%. Markel Group currently reports a net margin of 14.7%, 0.3 percentage points below its three-year average. Net margin was highest at 19.8% in Sep 2024 and lowest at 11.4% in Mar 2026.

MKL margin group comparison

Margins compared with peer-group, industry and sector averages

Markel Group's gross margin of 34% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 83.7%, Markel Group's gross margin is 59% lower.

MKL margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Markel Group's gross margin?

The current gross margin for MKL is 34% as of Jun 30, 2026.

What is Markel Group's operating margin?

As of Jun 30, 2026, MKL has an operating margin of 12.9%.

What is Markel Group's EBITDA margin?

As of Jun 30, 2026, MKL has an EBITDA margin of 22.4%.

What is Markel Group's net margin?

The current net margin for MKL is 14.7% as of Jun 30, 2026.

What are the average margins of MKL?

Over the last 3 years, Markel Group's margins averaged 33.6% gross, 12.4% operating, 22.7% EBITDA, and 15.0% net.

What are the highest historical margins of MKL?

Within the 5-year period, MKL recorded its highest margins at 44.3% gross in Dec 2021, 25.2% operating in Dec 2021, 28.9% EBITDA in Sep 2024, and 19.8% net in Sep 2024.

What are the lowest historical margins of MKL?

Over the last 5 years, Markel Group's lowest margins were 23% gross in Dec 2022, -0.8% operating in Dec 2022, 2.1% EBITDA in Dec 2022, and -1.9% net in Dec 2022.