TTM
$2.30B
YoY change
-24.9%
5Y CAGR
+22.3%
Peak year (2024)
$3.64B
Cumulative operating income
$21.70B
Operating Income history chart for Markel (MKL) from 1985 to 2025
Latest: $2.73B
Operating Income growth chart for Markel (MKL) from 1985 to 2025
Latest: -24.9%
Operating Income history table for Markel (MKL) from 1985 to 2025
| 2025 | $2.73B | -24.9% | −$904.99M | ||
| 2024 | $3.64B | +37.1% | +$983.99M | ||
| 2023 | $2.65B | -1850.9% | +$2.81B | ||
| 2022 | −$151.57M | -104.8% | −$3.28B | ||
| 2021 | $3.13B | +212.8% | +$2.13B | ||
| 2020 | $1.00B | -56.2% | −$1.29B | ||
| 2019 | $2.29B | -29200.0% | +$2.29B | ||
| 2018 | −$7.86M | -109.0% | −$95.15M | ||
| 2017 | $87.30M | -86.1% | −$542.63M | ||
| 2016 | $629.92M | -15.1% | −$112.19M | ||
| 2015 | $742.11M | +68.5% | +$301.73M | ||
| 2014 | $440.38M | +21.7% | +$78.64M | ||
| 2013 | $361.74M | +15.9% | +$49.69M | ||
| 2012 | $312.05M | +64.1% | +$121.85M | ||
| 2011 | $190.20M | -35.6% | −$105.31M | ||
| 2010 | $295.51M | +48.8% | +$96.87M | ||
| 2009 | $198.64M | -224.3% | +$358.47M | ||
| 2008 | −$159.83M | -127.9% | −$731.79M | ||
| 2007 | $571.96M | +3.4% | +$18.56M | ||
| 2006 | $553.40M | +197.5% | +$367.40M | ||
| 2005 | $186.00M | -17.0% | −$38.05M | ||
| 2004 | $224.04M | +23.4% | +$42.46M | ||
| 2003 | $181.58M | +54.3% | +$63.89M | ||
| 2002 | $117.69M | -164.6% | +$299.89M | ||
| 2001 | −$182.20M | +251.7% | −$130.39M | ||
| 2000 | −$51.81M | -196.9% | −$105.25M | ||
| 1999 | $53.44M | -29.1% | −$21.95M | ||
| 1998 | $75.39M | -73.0% | −$203.41M | ||
| 1997 | $278.80M | -22.3% | −$79.90M | ||
| 1996 | $358.70M | +7.0% | +$23.60M | ||
| 1995 | $335.10M | +75.2% | +$143.80M | ||
| 1994 | $191.30M | +18.1% | +$29.30M | ||
| 1993 | $162.00M | +3.7% | +$5.80M | ||
| 1992 | $156.20M | -14.7% | −$26.90M | ||
| 1991 | $183.10M | +300.7% | +$137.40M | ||
| 1990 | $45.70M | +9.6% | +$4.00M | ||
| 1989 | $41.70M | -37.9% | −$25.40M | ||
| 1988 | $67.10M | +66.1% | +$26.70M | ||
| 1987 | $40.40M | — | +$40.40M | ||
| 1986 | $0.00 | — | $0.00 | ||
| 1985 | $0.00 | — | — |
- 2025$2.73B-24.9%
- 2024$3.64B+37.1%
- 2023$2.65B-1850.9%
- 2022−$151.57M-104.8%
- 2021$3.13B+212.8%
- 2020$1.00B-56.2%
- 2019$2.29B-29200.0%
- 2018−$7.86M-109.0%
- 2017$87.30M-86.1%
- 2016$629.92M-15.1%
- 2015$742.11M+68.5%
- 2014$440.38M+21.7%
- 2013$361.74M+15.9%
- 2012$312.05M+64.1%
- 2011$190.20M-35.6%
- 2010$295.51M+48.8%
- 2009$198.64M-224.3%
- 2008−$159.83M-127.9%
- 2007$571.96M+3.4%
- 2006$553.40M+197.5%
- 2005$186.00M-17.0%
- 2004$224.04M+23.4%
- 2003$181.58M+54.3%
- 2002$117.69M-164.6%
- 2001−$182.20M+251.7%
- 2000−$51.81M-196.9%
- 1999$53.44M-29.1%
- 1998$75.39M-73.0%
- 1997$278.80M-22.3%
- 1996$358.70M+7.0%
- 1995$335.10M+75.2%
- 1994$191.30M+18.1%
- 1993$162.00M+3.7%
- 1992$156.20M-14.7%
- 1991$183.10M+300.7%
- 1990$45.70M+9.6%
- 1989$41.70M-37.9%
- 1988$67.10M+66.1%
- 1987$40.40M—
- 1986$0.00—
- 1985$0.00—
Operating Income values are taken from Markel's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Markel (MKL)
According to Markel's latest reported financial statements, the company's current operating income (TTM) is $2.30B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Markel (MKL) most recent annual operating income stands at $2.73B (2025) – declined 24.9% year-over-year.
Markel operating income has grown on net over the period, with a +22.3% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, Markel operating income declined 24.9%, falling from $3.64B to $2.73B.
Across the available history, operating income reached its high of $3.64B in 2024 and its low of −$182.20M in 2001.
Markel Operating Income by Year
Markel Operating Income 2025: $2.73B
Markel posted operating income of $2.73B in 2025, declined 24.9% below 2024.
Markel Operating Income 2024: $3.64B
In 2024, Markel reported operating income of $3.64B, surged 37.1% from 2023. This figure represents the highest annual value in the available history.
Markel Operating Income 2023: $2.65B
Markel operating income in 2023 was $2.65B, plunged 1850.9% below 2022.
Markel Operating Income 2022: −$151.57M
2022's operating income for Markel came in at −$151.57M, plunged 104.8% below 2021.
Markel Operating Income 2021: $3.13B
Markel operating income in 2021 was $3.13B.
See more financial history for Markel (MKL).
Sector peers by Operating Income
Financial Services peers of Markel (MKL), ranked by their latest operating income
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.83B | |
| $19.40B |
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.83B
- $19.40B
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