Free Cash Flow for Markel (MKL)
Free Cash Flow for Markel (MKL): headline value $2.19B · YoY +9.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

MKL
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.19B
YoY change
+9.2%
5Y CAGR
+9.3%
Peak year (2025)
$2.55B
Latest annual
$2.55B
Free Cash Flow history chart for Markel (MKL) from 1989 to 2025
Free Cash Flow history table for Markel (MKL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.55B | +9.2% | +$215.35M | ||
| 2024 | $2.34B | -7.5% | -$189.17M | ||
| 2023 | $2.53B | +3.0% | +$73.46M | ||
| 2022 | $2.45B | +15.3% | +$325.91M | ||
| 2021 | $2.13B | +30.1% | +$492.53M | ||
| 2020 | $1.64B | +42.2% | +$485.54M | ||
| 2019 | $1.15B | +46.4% | +$364.48M | ||
| 2018 | $786.26M | +0.3% | +$2.39M | ||
| 2017 | $783.88M | +66.4% | +$312.93M | ||
| 2016 | $470.95M | -17.6% | -$100.45M | ||
| 2015 | $571.40M | -10.0% | -$63.26M | ||
| 2014 | $634.66M | -9.0% | -$63.14M | ||
| 2013 | $697.80M | +101.1% | +$350.78M | ||
| 2012 | $347.01M | +38.2% | +$95.83M | ||
| 2011 | $251.19M | +38.6% | +$70.00M | ||
| 2010 | $181.19M | -30.5% | -$79.37M | ||
| 2009 | $260.56M | -30.0% | -$111.93M | ||
| 2008 | $372.48M | -24.6% | -$121.34M | ||
| 2007 | $493.83M | -1.7% | -$8.57M | ||
| 2006 | $502.40M | -3.7% | -$19.35M | ||
| 2005 | $521.75M | -23.7% | -$161.98M | ||
| 2004 | $683.73M | +9.7% | +$60.19M | ||
| 2003 | $623.54M | +26.5% | +$130.73M | ||
| 2002 | $492.81M | +216.0% | +$336.86M | ||
| 2001 | $155.96M | +124.1% | +$86.38M | ||
| 2000 | $69.58M | -2106.3% | +$73.05M | ||
| 1999 | -$3.47M | -109.3% | -$40.67M | ||
| 1998 | $37.20M | -41.9% | -$26.80M | ||
| 1997 | $64.00M | -29.2% | -$26.40M | ||
| 1996 | $90.40M | -45.0% | -$74.10M | ||
| 1995 | $164.50M | +204.6% | +$110.50M | ||
| 1994 | $54.00M | -38.2% | -$33.40M | ||
| 1993 | $87.40M | +222.5% | +$60.30M | ||
| 1992 | $27.10M | +62.3% | +$10.40M | ||
| 1991 | $16.70M | +1.8% | +$300,000 | ||
| 1990 | $16.40M | +22.4% | +$3.00M | ||
| 1989 | $13.40M | — | — |
Free Cash Flow 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
2025's annual free cash flow for Markel (MKL) came in at $2.55B – grew 9.2% year-over-year.
Across 2020–2025 (5 years), Markel free cash flow produced a CAGR of +9.3% – with the latest reading among the more recent periods of the dataset.
$2.55B stands as the all-time-high annual free cash flow, posted in 2025, against a low of -$3.47M during 1999.
Within Financial Services, Markel (MKL) ranks 7th among 8 peers we track. The peer median for free cash flow is $19.24B.
Markel Free Cash Flow by Year
Markel Free Cash Flow 2025: $2.55B
Markel free cash flow in 2025 was $2.55B, grew 9.2% from 2024. This figure represents the highest annual value in the available history.
Markel Free Cash Flow 2024: $2.34B
Markel free cash flow in 2024 was $2.34B, declined 7.5% below 2023.
Markel Free Cash Flow 2023: $2.53B
Markel free cash flow in 2023 was $2.53B, edged up 3.0% from 2022.
Markel Free Cash Flow 2022: $2.45B
Markel free cash flow in 2022 was $2.45B, grew 15.3% from 2021.
Markel Free Cash Flow 2021: $2.13B
Markel free cash flow in 2021 was $2.13B.
See more financial history for Markel (MKL).
Sector peers — Free Cash Flow
Companies in the same sector as Markel, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway (BRK-B) | $25.04B | Financial Services |
| Visa (V) | $21.58B | Financial Services |
| Mastercard (MA) | $16.91B | Financial Services |
| Bank of America (BAC) | $12.61B | Financial Services |
| Wells Fargo (WFC) | -$19.00B | Financial Services |
| Goldman Sachs (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Markel's free cash flow?
Latest reported free cash flow for Markel (MKL) is $2.19B (period ending March 31, 2026).
How has Markel free cash flow changed year-over-year?
Markel (MKL) free cash flow changed +9.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Markel free cash flow?
Markel (MKL) free cash flow compound annual growth rate is +9.3% over the most recent 5 years available.
When did Markel free cash flow hit its highest annual value?
Markel free cash flow reached its highest annual value of $2.55B in 2025.
What was Markel free cash flow in 2024?
Markel (MKL) free cash flow in 2024 was $2.34B.
What was Markel free cash flow in 2025?
Markel (MKL) free cash flow in 2025 was $2.55B.
MKL Key Financials
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