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Markel (MKL) Cash Flow Waterfall

Trace Markel's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$2.40B

Capex

−$213.45M

Free Cash Flow

$2.19B

FCF Margin

+91.1%

Cash flow waterfall for Markel (MKL) — TTM through Q1 2026

Free cash flow: $2.19B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Markel (MKL) — TTM through Q1 2026

  • Operating Cash Flow$2.40B
  • Capital Expenditure−$213.45M
  • Free Cash Flow$2.19B
  • Acquisitions−$80.16M
  • Other Investing−$1.50B
  • Share Buybacks−$393.18M
  • Dividends Paid−$618.00M
  • Other Financing & FX−$91.09M
  • Net Cash Decrease−$493.66M
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Data & methodology