Revenue for Markel (MKL)
According to Markel's latest reported financial statements, the company's current revenue (TTM) is $16.57B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MKL
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TTM (last 4 quarters)
$16.57B
YoY change
-1.0%
5Y CAGR
+11.5%
Peak year (2024)
$16.75B
Cumulative revenue
$157.51B
Revenue history chart for Markel (MKL) from 1985 to 2025
Revenue history table for Markel (MKL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $16.59B | -1.0% | -$160.89M | ||
| 2024 | $16.75B | +6.6% | +$1.04B | ||
| 2023 | $15.71B | +33.0% | +$3.90B | ||
| 2022 | $11.81B | -8.6% | -$1.11B | ||
| 2021 | $12.92B | +34.0% | +$3.28B | ||
| 2020 | $9.64B | +1.3% | +$119.66M | ||
| 2019 | $9.52B | +37.0% | +$2.57B | ||
| 2018 | $6.95B | +14.6% | +$885.01M | ||
| 2017 | $6.06B | +8.1% | +$454.03M | ||
| 2016 | $5.61B | +4.5% | +$240.79M | ||
| 2015 | $5.37B | +4.6% | +$236.32M | ||
| 2014 | $5.13B | +18.8% | +$810.58M | ||
| 2013 | $4.32B | +44.1% | +$1.32B | ||
| 2012 | $3.00B | +14.1% | +$370.16M | ||
| 2011 | $2.63B | +18.2% | +$404.56M | ||
| 2010 | $2.23B | +7.5% | +$156.07M | ||
| 2009 | $2.07B | +4.7% | +$92.74M | ||
| 2008 | $1.98B | -20.4% | -$506.67M | ||
| 2007 | $2.48B | -1.4% | -$35.75M | ||
| 2006 | $2.52B | +14.5% | +$318.86M | ||
| 2005 | $2.20B | -2.7% | -$61.91M | ||
| 2004 | $2.26B | +8.1% | +$170.15M | ||
| 2003 | $2.09B | +18.2% | +$321.71M | ||
| 2002 | $1.77B | +26.7% | +$372.78M | ||
| 2001 | $1.40B | +27.7% | +$302.93M | ||
| 2000 | $1.09B | +108.7% | +$570.16M | ||
| 1999 | $524.32M | +23.1% | +$98.32M | ||
| 1998 | $426.00M | +1.7% | +$7.00M | ||
| 1997 | $419.00M | +14.3% | +$52.30M | ||
| 1996 | $366.70M | +6.7% | +$23.10M | ||
| 1995 | $343.60M | +22.8% | +$63.90M | ||
| 1994 | $279.70M | +19.1% | +$44.80M | ||
| 1993 | $234.90M | +2.5% | +$5.80M | ||
| 1992 | $229.10M | +1.8% | +$4.10M | ||
| 1991 | $225.00M | +192.2% | +$148.00M | ||
| 1990 | $77.00M | -21.3% | -$20.80M | ||
| 1989 | $97.80M | +40.7% | +$28.30M | ||
| 1988 | $69.50M | +70.8% | +$28.80M | ||
| 1987 | $40.70M | +15.0% | +$5.30M | ||
| 1986 | $35.40M | +56.6% | +$12.80M | ||
| 1985 | $22.60M | — | — |
Revenue 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
As of the 2025 fiscal year, Markel (MKL) reported revenue of $16.59B – edged down 1.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Markel revenue compounded at +11.5% per year, with the latest reading among the more recent periods of the dataset.
$16.75B stands as the all-time-high annual revenue, posted in 2024, against a low of $22.60M during 1985.
Markel (MKL) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $124.31B.
Markel Revenue by Year
Markel Revenue 2025: $16.59B
Markel revenue in 2025 was $16.59B, edged down 1.0% below 2024.
Markel Revenue 2024: $16.75B
Markel revenue in 2024 was $16.75B, grew 6.6% from 2023. This figure represents the highest annual value in the available history.
Markel Revenue 2023: $15.71B
Markel revenue in 2023 was $15.71B, surged 33.0% from 2022.
Markel Revenue 2022: $11.81B
Markel revenue in 2022 was $11.81B, declined 8.6% below 2021.
Markel Revenue 2021: $12.92B
Markel revenue in 2021 was $12.92B.
See more financial history for Markel (MKL).
Sector peers — Revenue
Companies in the same sector as Markel, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $371.44B | Financial Services |
| JPMorgan Chase (JPM) | $279.75B | Financial Services |
| Bank of America (BAC) | $191.57B | Financial Services |
| Goldman Sachs (GS) | $125.10B | Financial Services |
| Wells Fargo (WFC) | $123.53B | Financial Services |
| Morgan Stanley (MS) | $114.98B | Financial Services |
| Visa (V) | $40.00B | Financial Services |
| Mastercard (MA) | $32.79B | Financial Services |
Frequently asked questions
What is Markel's revenue?
Latest reported revenue for Markel (MKL) is $16.57B (period ending March 31, 2026).
How has Markel revenue changed year-over-year?
Markel (MKL) revenue changed -1.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Markel revenue?
Markel (MKL) revenue compound annual growth rate is +11.5% over the most recent 5 years available.
When did Markel revenue hit its highest annual value?
Markel revenue reached its highest annual value of $16.75B in 2024.
What was Markel revenue in 2024?
Markel (MKL) revenue in 2024 was $16.75B.
What was Markel revenue in 2025?
Markel (MKL) revenue in 2025 was $16.59B.
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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