GROWTH
Top line contracting.
−1.0% YoY versus +6.6% prior. 3y CAGR +12.0%.
−1.0%
Markel Corporation MKL
Financial Services · Market Cap: $23.1B
Live price unavailable
Fundamentals as of 2025-12-31
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Financial Services · Market Cap: $23.1B
Live price unavailable
Fundamentals as of 2025-12-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
The Question
1 of 2 legendary models say AVOID MKL — but Howard Marks disagrees.
What would legendary investors pay for MKL?
These figures are not quotes or opinions from Buffett, Graham, Lynch or the other investors. They are our own estimates, computed by applying the intrinsic-value formulas each investor is known for to this company’s financials.
For educational purposes only. Not a recommendation to buy or sell securities.
Markel Corporation's ROE and debt-to-equity are non-meaningful — large accumulated buybacks have driven stockholders' equity below zero, so the ratio denominators are uninterpretable. Operating margin and free cash flow are the better lenses here.
Financial story
Markel Corporation's ROE and debt-to-equity are non-meaningful — large accumulated buybacks have driven stockholders' equity below zero, so the ratio denominators are uninterpretable. Operating margin and free cash flow are the better lenses here.
Bottom line: MKL splits the legendary models — 1 BUY, 0 HOLD, 1 AVOID, but earns a C sector grade (46/100) in Financial Services. Whether the premium is justified depends on which lens you trust. Drill into the valuation breakdown and sector ranking for the full picture.
−1.0% YoY versus +6.6% prior. 3y CAGR +12.0%.
−1.0%Net margin 12.7% versus 16.4% prior (−3.7pp). Operating 16.5%.
12.7%P/E 13.1x — 25% above the 5y median of 10.5x. Forward 16.4x signals EPS contraction next year.
13.1x0 of 2 legendary models say BUY. Full breakdown by investor and signal is in the valuation tab.
MKL's earnings calendar and history are tracked in the financials tab. Specific dates depend on company-published guidance.
MKL is in the Financial Services sector. Sector ranking and peer comparison are in the sector tab.
0 of 2 legendary investor models rate MKL a BUY. Fair value estimates and full investor breakdown are in the valuation tab.
Average fair value across qualifying models: $1932. See the per-investor fair-value table in the valuation tab.
MKL trades at 11.2x earnings. Sector context and per-investor signals are in the valuation tab.
How does MKL compare?
See exactly where MKL ranks
Sign in to unlock the full sector ranking — free.
Sign in to see the rankingMKL sits at #106 in Financial Services with a C grade (46/100).
