Net Income for Markel (MKL)
According to Markel's latest reported financial statements, the company's current net income (TTM) is $1.77B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MKL
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.77B
YoY change
-23.3%
5Y CAGR
+20.9%
Peak year (2024)
$2.75B
Cumulative net income
$15.89B
Net Income history chart for Markel (MKL) from 1985 to 2025
Net Income history table for Markel (MKL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.11B | -23.3% | -$640.01M | ||
| 2024 | $2.75B | +37.6% | +$750.96M | ||
| 2023 | $2.00B | -1022.9% | +$2.21B | ||
| 2022 | -$216.28M | -108.9% | -$2.64B | ||
| 2021 | $2.42B | +196.9% | +$1.61B | ||
| 2020 | $816.03M | -54.4% | -$974.44M | ||
| 2019 | $1.79B | -1496.8% | +$1.92B | ||
| 2018 | -$128.18M | -132.4% | -$523.45M | ||
| 2017 | $395.27M | -13.3% | -$60.42M | ||
| 2016 | $455.69M | -21.8% | -$127.08M | ||
| 2015 | $582.77M | +81.4% | +$261.59M | ||
| 2014 | $321.18M | +14.3% | +$40.16M | ||
| 2013 | $281.02M | +10.9% | +$27.64M | ||
| 2012 | $253.38M | +78.4% | +$111.36M | ||
| 2011 | $142.03M | -46.8% | -$124.77M | ||
| 2010 | $266.79M | +32.3% | +$65.16M | ||
| 2009 | $201.64M | -443.1% | +$260.40M | ||
| 2008 | -$58.77M | -114.5% | -$464.44M | ||
| 2007 | $405.67M | +3.4% | +$13.17M | ||
| 2006 | $392.50M | +165.4% | +$244.59M | ||
| 2005 | $147.91M | -10.6% | -$17.50M | ||
| 2004 | $165.41M | +34.0% | +$41.94M | ||
| 2003 | $123.48M | +63.9% | +$48.15M | ||
| 2002 | $75.32M | -159.9% | +$201.04M | ||
| 2001 | -$125.72M | +355.6% | -$98.13M | ||
| 2000 | -$27.59M | -167.9% | -$68.21M | ||
| 1999 | $40.61M | -29.1% | -$16.68M | ||
| 1998 | $57.29M | +13.7% | +$6.89M | ||
| 1997 | $50.40M | +7.9% | +$3.70M | ||
| 1996 | $46.70M | +35.4% | +$12.20M | ||
| 1995 | $34.50M | +85.5% | +$15.90M | ||
| 1994 | $18.60M | -21.2% | -$5.00M | ||
| 1993 | $23.60M | -7.8% | -$2.00M | ||
| 1992 | $25.60M | +77.8% | +$11.20M | ||
| 1991 | $14.40M | +152.6% | +$8.70M | ||
| 1990 | $5.70M | -58.7% | -$8.10M | ||
| 1989 | $13.80M | +26.6% | +$2.90M | ||
| 1988 | $10.90M | +81.7% | +$4.90M | ||
| 1987 | $6.00M | +27.7% | +$1.30M | ||
| 1986 | $4.70M | +422.2% | +$3.80M | ||
| 1985 | $900,000 | — | — |
Net Income 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 net income stands at $2.11B (2025) – declined 23.3% year-over-year.
Across 2020–2025 (5 years), Markel net income produced a CAGR of +20.9% – with the latest reading among the more recent periods of the dataset.
Markel net income declined from $2.75B in 2024 to $2.11B in 2025, a 23.3% drawdown.
$2.75B stands as the all-time-high annual net income, posted in 2024, against a low of -$216.28M during 2022.
Among 8 Financial Services peers, Markel (MKL) ranks 9th; the peer median for net income is $20.70B.
Markel Net Income by Year
Markel Net Income 2025: $2.11B
Markel net income in 2025 was $2.11B, declined 23.3% below 2024.
Markel Net Income 2024: $2.75B
Markel net income in 2024 was $2.75B, surged 37.6% from 2023. This figure represents the highest annual value in the available history.
Markel Net Income 2023: $2.00B
Markel net income in 2023 was $2.00B, plunged 1022.9% below 2022.
Markel Net Income 2022: -$216.28M
Markel net income in 2022 was -$216.28M, plunged 108.9% below 2021. This figure represents the lowest annual value in the available history.
Markel Net Income 2021: $2.42B
Markel net income in 2021 was $2.42B.
See more financial history for Markel (MKL).
Sector peers — Net Income
Companies in the same sector as Markel, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase (JPM) | $57.05B | Financial Services |
| Bank of America (BAC) | $30.51B | Financial Services |
| Wells Fargo (WFC) | $21.34B | Financial Services |
| Visa (V) | $20.06B | Financial Services |
| Goldman Sachs (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard (MA) | $14.97B | Financial Services |
Frequently asked questions
What is Markel's net income?
Latest reported net income for Markel (MKL) is $1.77B (period ending March 31, 2026).
How has Markel net income changed year-over-year?
Markel (MKL) net income changed -23.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Markel net income?
Markel (MKL) net income compound annual growth rate is +20.9% over the most recent 5 years available.
When did Markel net income hit its highest annual value?
Markel net income reached its highest annual value of $2.75B in 2024.
What was Markel net income in 2024?
Markel (MKL) net income in 2024 was $2.75B.
What was Markel net income in 2025?
Markel (MKL) net income in 2025 was $2.11B.
MKL Key Financials
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