EBITDA for Markel (MKL)
According to Markel's latest reported financial statements, the company's current EBITDA (TTM) is $2.59B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MKL
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.59B
YoY change
-29.8%
5Y CAGR
+14.6%
Peak year (2024)
$4.18B
Cumulative EBITDA
$27.04B
EBITDA history chart for Markel (MKL) from 1985 to 2025
EBITDA history table for Markel (MKL) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.94B | -29.8% | -$1.25B | ||
| 2024 | $4.18B | +32.5% | +$1.03B | ||
| 2023 | $3.16B | +792.4% | +$2.80B | ||
| 2022 | $353.94M | -90.3% | -$3.30B | ||
| 2021 | $3.65B | +145.8% | +$2.16B | ||
| 2020 | $1.49B | -45.5% | -$1.24B | ||
| 2019 | $2.73B | +628.7% | +$2.35B | ||
| 2018 | $374.20M | -11.7% | -$49.41M | ||
| 2017 | $423.62M | -55.6% | -$530.35M | ||
| 2016 | $953.96M | -10.1% | -$107.43M | ||
| 2015 | $1.06B | +39.4% | +$299.99M | ||
| 2014 | $761.40M | +14.4% | +$95.59M | ||
| 2013 | $665.81M | +35.3% | +$173.68M | ||
| 2012 | $492.14M | +41.8% | +$145.12M | ||
| 2011 | $347.02M | -17.9% | -$75.74M | ||
| 2010 | $422.76M | +49.0% | +$138.98M | ||
| 2009 | $283.78M | -452.8% | +$364.21M | ||
| 2008 | -$80.43M | -112.2% | -$739.16M | ||
| 2007 | $658.74M | +0.9% | +$6.12M | ||
| 2006 | $652.62M | +128.0% | +$366.43M | ||
| 2005 | $286.19M | -8.2% | -$25.41M | ||
| 2004 | $311.60M | +14.2% | +$38.79M | ||
| 2003 | $272.81M | +46.7% | +$86.78M | ||
| 2002 | $186.02M | -303.0% | +$277.66M | ||
| 2001 | -$91.64M | -378.2% | -$124.58M | ||
| 2000 | $32.94M | -64.0% | -$58.51M | ||
| 1999 | $91.44M | -11.3% | -$11.64M | ||
| 1998 | $103.09M | +276.2% | +$75.69M | ||
| 1997 | $27.40M | +45.0% | +$8.50M | ||
| 1996 | $18.90M | -3.6% | -$700,000 | ||
| 1995 | $19.60M | -15.2% | -$3.50M | ||
| 1994 | $23.10M | +24.2% | +$4.50M | ||
| 1993 | $18.60M | +5.7% | +$1.00M | ||
| 1992 | $17.60M | -91.0% | -$178.10M | ||
| 1991 | $195.70M | +2050.5% | +$186.60M | ||
| 1990 | $9.10M | +21.3% | +$1.60M | ||
| 1989 | $7.50M | — | +$7.50M | ||
| 1988 | $0 | — | $0 | ||
| 1987 | $0 | — | $0 | ||
| 1986 | $0 | — | $0 | ||
| 1985 | $0 | — | — |
EBITDA values are taken from Markel's reported income 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
Markel (MKL) most recent annual EBITDA stands at $2.94B (2025) – declined 29.8% year-over-year.
Markel EBITDA has recorded the values shown across consecutive periods, with a +14.6% compound annual growth rate over 2020–2025 (5 years).
Markel EBITDA declined from $4.18B in 2024 to $2.94B in 2025, a 29.8% drawdown.
Across the available history, EBITDA reached its high of $4.18B in 2024 and its low of -$91.64M in 2001.
Among 8 Financial Services peers, Markel (MKL) ranks 9th; the peer median for EBITDA is $27.98B.
Markel EBITDA by Year
Markel EBITDA 2025: $2.94B
Markel EBITDA in 2025 was $2.94B, declined 29.8% below 2024.
Markel EBITDA 2024: $4.18B
Markel EBITDA in 2024 was $4.18B, surged 32.5% from 2023. This figure represents the highest annual value in the available history.
Markel EBITDA 2023: $3.16B
Markel EBITDA in 2023 was $3.16B, surged 792.4% from 2022.
Markel EBITDA 2022: $353.94M
Markel EBITDA in 2022 was $353.94M, plunged 90.3% below 2021.
Markel EBITDA 2021: $3.65B
Markel EBITDA in 2021 was $3.65B.
See more financial history for Markel (MKL).
Sector peers — EBITDA
Companies in the same sector as Markel, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway (BRK-B) | $72.36B | Financial Services |
| Bank of America (BAC) | $40.01B | Financial Services |
| Wells Fargo (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa (V) | $26.00B | Financial Services |
| Goldman Sachs (GS) | $24.03B | Financial Services |
| Mastercard (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Markel's EBITDA?
Latest reported EBITDA for Markel (MKL) is $2.59B (period ending March 31, 2026).
How has Markel EBITDA changed year-over-year?
Markel (MKL) EBITDA changed -29.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Markel EBITDA?
Markel (MKL) EBITDA compound annual growth rate is +14.6% over the most recent 5 years available.
When did Markel EBITDA hit its highest annual value?
Markel EBITDA reached its highest annual value of $4.18B in 2024.
What was Markel EBITDA in 2024?
Markel (MKL) EBITDA in 2024 was $4.18B.
What was Markel EBITDA in 2025?
Markel (MKL) EBITDA in 2025 was $2.94B.
MKL Key Financials
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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