Capital Expenditures for Markel (MKL)
According to Markel's latest reported financial statements, the company's current capital expenditures (TTM) is $213.45M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MKL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$213.45M
YoY change
-18.9%
5Y CAGR
+15.4%
Peak year (2023)
$258.62M
Cumulative capital expenditures
$2.15B
CapEx history chart for Markel (MKL) from 1989 to 2025
CapEx history table for Markel (MKL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $206.89M | -18.9% | -$48.10M | ||
| 2024 | $254.99M | -1.4% | -$3.63M | ||
| 2023 | $258.62M | +1.5% | +$3.91M | ||
| 2022 | $254.71M | +75.4% | +$109.46M | ||
| 2021 | $145.25M | +43.4% | +$43.95M | ||
| 2020 | $101.30M | -17.9% | -$22.07M | ||
| 2019 | $123.38M | +15.7% | +$16.78M | ||
| 2018 | $106.59M | +42.8% | +$31.94M | ||
| 2017 | $74.65M | +17.2% | +$10.98M | ||
| 2016 | $63.67M | -20.2% | -$16.08M | ||
| 2015 | $79.75M | -2.9% | -$2.38M | ||
| 2014 | $82.13M | +72.1% | +$34.41M | ||
| 2013 | $47.73M | +4.8% | +$2.21M | ||
| 2012 | $45.52M | -24.3% | -$14.61M | ||
| 2011 | $60.13M | +42.8% | +$18.03M | ||
| 2010 | $42.10M | +92.2% | +$20.20M | ||
| 2009 | $21.91M | +24.0% | +$4.23M | ||
| 2008 | $17.67M | +21.9% | +$3.18M | ||
| 2007 | $14.49M | +57.7% | +$5.30M | ||
| 2006 | $9.19M | -68.8% | -$20.31M | ||
| 2005 | $29.50M | +323.6% | +$22.54M | ||
| 2004 | $6.96M | -11.9% | -$945,000 | ||
| 2003 | $7.91M | -45.7% | -$6.64M | ||
| 2002 | $14.55M | +71.0% | +$6.04M | ||
| 2001 | $8.51M | -56.7% | -$11.12M | ||
| 2000 | $19.63M | +387.7% | +$15.61M | ||
| 1999 | $4.03M | +49.1% | +$1.33M | ||
| 1998 | $2.70M | -41.3% | -$1.90M | ||
| 1997 | $4.60M | +15.0% | +$600,000 | ||
| 1996 | $4.00M | -11.1% | -$500,000 | ||
| 1995 | $4.50M | -35.7% | -$2.50M | ||
| 1994 | $7.00M | +52.2% | +$2.40M | ||
| 1993 | $4.60M | +70.4% | +$1.90M | ||
| 1992 | $2.70M | -49.1% | -$2.60M | ||
| 1991 | $5.30M | -50.0% | -$5.30M | ||
| 1990 | $10.60M | +211.8% | +$7.20M | ||
| 1989 | $3.40M | — | — |
CapEx values are taken from Markel's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Markel (MKL) capital expenditures totalled $206.89M – declined 18.9% year-over-year.
Markel capital expenditures has recorded the values shown across consecutive periods, with a +15.4% compound annual growth rate over 2020–2025 (5 years).
Between 2023 and 2025, Markel capital expenditures declined 20.0%, falling from $258.62M to $206.89M.
The dataset's maximum capital expenditures sits at $258.62M (2023); the minimum reading of $2.70M dates to 1992.
Markel (MKL) sits 6th of 8 Financial Services peers we track on this metric, against a peer median of $985.50M.
Markel Capital Expenditures by Year
Markel Capital Expenditures 2025: $206.89M
Markel capital expenditures in 2025 was $206.89M, declined 18.9% below 2024.
Markel Capital Expenditures 2024: $254.99M
Markel capital expenditures in 2024 was $254.99M, edged down 1.4% below 2023.
Markel Capital Expenditures 2023: $258.62M
Markel capital expenditures in 2023 was $258.62M, edged up 1.5% from 2022. This figure represents the highest annual value in the available history.
Markel Capital Expenditures 2022: $254.71M
Markel capital expenditures in 2022 was $254.71M, surged 75.4% from 2021.
Markel Capital Expenditures 2021: $145.25M
Markel capital expenditures in 2021 was $145.25M.
See more financial history for Markel (MKL).
Sector peers — CapEx
Companies in the same sector as Markel, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| Goldman Sachs (GS) | $2.06B | Financial Services |
| Visa (V) | $1.48B | Financial Services |
| Mastercard (MA) | $489.00M | Financial Services |
| JPMorgan Chase (JPM) | $0 | Financial Services |
| Bank of America (BAC) | $0 | Financial Services |
| Wells Fargo (WFC) | $0 | Financial Services |
Frequently asked questions
What is Markel's capital expenditures?
Latest reported capital expenditures for Markel (MKL) is $213.45M (period ending March 31, 2026).
How has Markel capital expenditures changed year-over-year?
Markel (MKL) capital expenditures changed -18.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Markel capital expenditures?
Markel (MKL) capital expenditures compound annual growth rate is +15.4% over the most recent 5 years available.
When did Markel capital expenditures hit its highest annual value?
Markel capital expenditures reached its highest annual value of $258.62M in 2023.
What was Markel capital expenditures in 2024?
Markel (MKL) capital expenditures in 2024 was $254.99M.
What was Markel capital expenditures in 2025?
Markel (MKL) capital expenditures in 2025 was $206.89M.
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