Markel Historical Income Statement
MKL Stock | USD 1,750 31.55 1.84% |
Historical analysis of Markel income statement accounts such as Other Operating Expenses of 13.5 B can show how well Markel performed in making a profits. Evaluating Markel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Markel's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Markel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Markel is a good buy for the upcoming year.
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About Markel Income Statement Analysis
Markel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Markel shareholders. The income statement also shows Markel investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Markel Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Markel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Markel minus its cost of goods sold. It is profit before Markel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Markel. It is also known as Markel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Markel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Markel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Markel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Markel Stock please use our How to buy in Markel Stock guide.At this time, Markel's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 3.3 B this year, although the value of Total Other Income Expense Net is projected to rise to (261.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.8B | 11.6B | 15.6B | 16.4B | Total Revenue | 12.9B | 11.8B | 15.8B | 16.6B |
Markel income statement Correlations
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Markel Account Relationship Matchups
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Markel income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 171.7M | 177.6M | 183.6M | 196.1M | 185.1M | 194.3M | |
Total Revenue | 9.5B | 9.6B | 12.9B | 11.8B | 15.8B | 16.6B | |
Gross Profit | 9.4B | 9.5B | 12.8B | 11.6B | 15.6B | 16.4B | |
Other Operating Expenses | 7.2B | 8.6B | 9.8B | 12.0B | 12.9B | 13.5B | |
Operating Income | (146.0M) | (2.1B) | (880.8M) | 878.6M | 2.9B | 3.1B | |
Ebit | (146.0M) | 1.2B | 3.3B | 44.5M | 2.8B | 3.0B | |
Ebitda | 2.7M | 1.5B | 3.7B | 411.5M | 3.1B | 3.3B | |
Total Operating Expenses | (9.7B) | (11.8B) | (13.8B) | 11.8B | 15.7B | 16.5B | |
Net Income | 1.8B | 816.0M | 2.4B | (101.2M) | 2.0B | 2.1B | |
Income Tax Expense | 486.3M | 168.7M | 684.5M | (47.6M) | 552.6M | 580.2M | |
Depreciation And Amortization | 148.6M | 307.1M | 336.4M | 367.0M | 259.9M | 272.9M | |
Income Before Tax | 2.3B | 1.0B | 3.1B | (148.8M) | 2.7B | 2.8B | |
Total Other Income Expense Net | 2.4B | (273.4M) | 3.1B | (151.6M) | (275.1M) | (261.4M) | |
Cost Of Revenue | 148.6M | 159.3M | 160.5M | 178.8M | 197.5M | 325.1M | |
Net Income Applicable To Common Shares | 1.8B | 797.6M | 2.4B | (320.0M) | (368.0M) | (349.6M) | |
Minority Interest | 9.0M | 15.7M | 22.7M | (112.9M) | (100.1M) | (95.1M) | |
Net Income From Continuing Ops | 1.8B | 809.0M | 3.8B | (101.2M) | 2.0B | 2.1B | |
Tax Provision | 486.3M | 168.7M | (684.5M) | (47.6M) | 532.9M | 559.5M | |
Interest Income | 174.0M | 273.4M | 111.3M | 55.9M | 684.0M | 718.2M | |
Net Interest Income | (171.7M) | (177.6M) | 183.6M | (196.1M) | (190.2M) | (199.7M) | |
Non Operating Income Net Other | (19.9M) | (95.9M) | 72.3M | 140.2M | 161.2M | 169.3M | |
Reconciled Depreciation | 269.2M | 307.1M | 160.5M | 178.8M | 180.2M | 174.6M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Markel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Markel Stock please use our How to buy in Markel Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Markel. If investors know Markel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Markel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 20.099 | Earnings Share 216.65 | Revenue Per Share 1.3 K | Quarterly Revenue Growth 0.366 | Return On Assets 0.0462 |
The market value of Markel is measured differently than its book value, which is the value of Markel that is recorded on the company's balance sheet. Investors also form their own opinion of Markel's value that differs from its market value or its book value, called intrinsic value, which is Markel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Markel's market value can be influenced by many factors that don't directly affect Markel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Markel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Markel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Markel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.