Markel Historical Income Statement

MKL Stock

USD 1,785 9.38 0.53%

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.

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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.

Net Income Gross Profit

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.

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

At this time, Markel's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 3.1 B this year, although the value of Total Other Income Expense Net is projected to rise to (261.4 M).

Total Revenue Gross Profit Ebitda Cost Of Revenue

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.

Cost Of Revenue

Cost of Revenue is found on Markel income statement and represents the costs associated with goods and services Markel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 3.1 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

Gross Profit Total Revenue

Markel income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Income Before Tax	Total Other Income Expense Net	Cost Of Revenue	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Non Operating Income Net Other	Reconciled Depreciation	Non Recurring
Interest Expense		0.89	0.89	0.92	0.17	0.5	0.56	0.04	0.58	0.52	0.83	0.4	-0.39	0.56	0.13	-0.5	-0.21	0.49	0.02	0.42	0.0	0.58	0.02	-0.75
Total Revenue	0.89		1.0	0.98	0.4	0.72	0.77	0.22	0.76	0.7	0.87	0.21	-0.68	0.76	-0.05	-0.16	-0.42	0.68	0.13	0.7	0.02	0.72	-0.19	-0.84
Gross Profit	0.89	1.0		0.98	0.41	0.72	0.77	0.22	0.77	0.7	0.87	0.21	-0.68	0.77	-0.05	-0.16	-0.43	0.68	0.14	0.71	0.02	0.72	-0.19	-0.84
Other Operating Expenses	0.92	0.98	0.98		0.4	0.63	0.68	0.27	0.63	0.57	0.9	0.24	-0.63	0.63	-0.11	-0.19	-0.4	0.55	0.11	0.64	-0.07	0.76	-0.18	-0.81
Operating Income	0.17	0.4	0.41	0.4		0.33	0.32	0.88	0.25	0.26	0.04	0.12	-0.76	0.27	-0.37	0.01	-0.49	0.1	0.53	0.67	-0.38	0.6	-0.62	-0.02
Ebit	0.5	0.72	0.72	0.63	0.33		1.0	0.12	0.81	0.76	0.57	0.14	-0.63	0.82	0.02	-0.06	-0.34	0.82	-0.09	0.67	0.45	0.44	-0.43	-0.49
Ebitda	0.56	0.77	0.77	0.68	0.32	1.0		0.11	0.81	0.77	0.64	0.14	-0.63	0.82	0.01	-0.06	-0.36	0.83	-0.1	0.67	0.43	0.47	-0.41	-0.56
Total Operating Expenses	0.04	0.22	0.22	0.27	0.88	0.12	0.11		-0.06	-0.12	-0.02	0.2	-0.59	-0.06	-0.63	0.01	-0.52	-0.21	0.42	0.51	-0.52	0.47	-0.57	0.1
Net Income	0.58	0.76	0.77	0.63	0.25	0.81	0.81	-0.06		0.89	0.56	0.13	-0.58	0.99	0.23	-0.04	-0.34	0.96	0.09	0.66	0.35	0.37	-0.15	-0.7
Income Tax Expense	0.52	0.7	0.7	0.57	0.26	0.76	0.77	-0.12	0.89		0.52	-0.1	-0.54	0.94	0.23	0.0	-0.41	0.87	0.22	0.58	0.33	0.27	-0.14	-0.64
Depreciation And Amortization	0.83	0.87	0.87	0.9	0.04	0.57	0.64	-0.02	0.56	0.52		0.07	-0.37	0.56	-0.08	-0.07	-0.41	0.56	-0.14	0.41	0.14	0.56	-0.06	-0.9
Selling General Administrative	0.4	0.21	0.21	0.24	0.12	0.14	0.14	0.2	0.13	-0.1	0.07		0.03	0.06	0.23	-0.57	0.17	0.05	-0.18	0.02	0.0	0.12	-0.04	0.03
Selling And Marketing Expenses	-0.39	-0.68	-0.68	-0.63	-0.76	-0.63	-0.63	-0.59	-0.58	-0.54	-0.37	0.03		-0.59	0.41	-0.14	0.48	-0.43	-0.52	-0.92	0.28	-0.6	0.33	0.35
Income Before Tax	0.56	0.76	0.77	0.63	0.27	0.82	0.82	-0.06	0.99	0.94	0.56	0.06	-0.59		0.21	-0.01	-0.37	0.95	0.13	0.67	0.34	0.36	-0.16	-0.7
Total Other Income Expense Net	0.13	-0.05	-0.05	-0.11	-0.37	0.02	0.01	-0.63	0.23	0.23	-0.08	0.23	0.41	0.21		-0.26	0.59	0.36	-0.51	-0.47	0.65	-0.03	0.0	0.06
Cost Of Revenue	-0.5	-0.16	-0.16	-0.19	0.01	-0.06	-0.06	0.01	-0.04	0.0	-0.07	-0.57	-0.14	-0.01	-0.26		-0.15	0.02	0.1	0.11	-0.04	0.01	-0.07	-0.01
Minority Interest	-0.21	-0.42	-0.43	-0.4	-0.49	-0.34	-0.36	-0.52	-0.34	-0.41	-0.41	0.17	0.48	-0.37	0.59	-0.15		-0.26	-0.41	-0.52	0.2	-0.12	0.31	0.5
Net Income From Continuing Ops	0.49	0.68	0.68	0.55	0.1	0.82	0.83	-0.21	0.96	0.87	0.56	0.05	-0.43	0.95	0.36	0.02	-0.26		-0.16	0.48	0.59	0.33	-0.24	-0.66
Tax Provision	0.02	0.13	0.14	0.11	0.53	-0.09	-0.1	0.42	0.09	0.22	-0.14	-0.18	-0.52	0.13	-0.51	0.1	-0.41	-0.16		0.58	-0.79	-0.03	0.28	-0.08
Interest Income	0.42	0.7	0.71	0.64	0.67	0.67	0.67	0.51	0.66	0.58	0.41	0.02	-0.92	0.67	-0.47	0.11	-0.52	0.48	0.58		-0.31	0.49	-0.16	-0.48
Net Interest Income	0.0	0.02	0.02	-0.07	-0.38	0.45	0.43	-0.52	0.35	0.33	0.14	0.0	0.28	0.34	0.65	-0.04	0.2	0.59	-0.79	-0.31		-0.05	-0.35	-0.07
Non Operating Income Net Other	0.58	0.72	0.72	0.76	0.6	0.44	0.47	0.47	0.37	0.27	0.56	0.12	-0.6	0.36	-0.03	0.01	-0.12	0.33	-0.03	0.49	-0.05		-0.54	-0.42
Reconciled Depreciation	0.02	-0.19	-0.19	-0.18	-0.62	-0.43	-0.41	-0.57	-0.15	-0.14	-0.06	-0.04	0.33	-0.16	0.0	-0.07	0.31	-0.24	0.28	-0.16	-0.35	-0.54		-0.1
Non Recurring	-0.75	-0.84	-0.84	-0.81	-0.02	-0.49	-0.56	0.1	-0.7	-0.64	-0.9	0.03	0.35	-0.7	0.06	-0.01	0.5	-0.66	-0.08	-0.48	-0.07	-0.42	-0.1

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Markel Account Relationship Matchups

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	2.7B	2.8B
Ebitda	2.7M	1.5B	3.7B	411.5M	2.9B	3.1B
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	180.6M	324.5M
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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When determining whether Markel is a strong investment it is important to analyze Markel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Markel's future performance. For an informed investment choice regarding Markel Stock, refer to the following important reports:

How To Invest In Markel

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Is Markel Stock a good investment?

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What is Markel's Net Worth?

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For more information on how to buy Markel Stock please use our How to buy in Markel Stock guide.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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

217.78

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.

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Markel Historical Income Statement

About Markel Income Statement Analysis

Markel Income Statement Chart

Total Revenue

Gross Profit

Cost Of Revenue

Markel income statement Correlations

Markel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Markel income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 0.99	Net Income
Other Operating Expenses	+ 0.98	Total Revenue
Other Operating Expenses	+ 0.98	Gross Profit
Net Income From Continuing Ops	+ 0.96	Net Income

Interest Income	- 0.92	Selling And Marketing Expenses
Non Recurring	- 0.9	Depreciation And Amortization
Non Recurring	- 0.84	Gross Profit
Non Recurring	- 0.84	Total Revenue
Non Recurring	- 0.81	Other Operating Expenses
Net Interest Income	- 0.79	Tax Provision