Latest period
11.23M
YoY change
-2.4%
5Y CAGR
-1.6%
Peak year (2016)
14.08M
Latest annual
12.73M
Shares Outstanding history chart for Markel (MKL) from 1985 to 2025
Latest: 12.73M
Shares Outstanding growth chart for Markel (MKL) from 1985 to 2025
Latest: -2.4%
Shares Outstanding history table for Markel (MKL) from 1985 to 2025
| 2025 | 12.73M | -2.4% | -311,000 | ||
| 2024 | 13.04M | -2.5% | -337,000 | ||
| 2023 | 13.38M | -1.5% | -202,000 | ||
| 2022 | 13.58M | -1.6% | -220,000 | ||
| 2021 | 13.80M | -0.2% | -23,000 | ||
| 2020 | 13.82M | -0.4% | -58,000 | ||
| 2019 | 13.88M | -0.3% | -42,000 | ||
| 2018 | 13.92M | -0.6% | -83,000 | ||
| 2017 | 14.01M | -0.5% | -72,000 | ||
| 2016 | 14.08M | +0.1% | +17,000 | ||
| 2015 | 14.06M | +0.0% | +4,000 | ||
| 2014 | 14.06M | +11.7% | +1.47M | ||
| 2013 | 12.59M | +28.9% | +2.83M | ||
| 2012 | 9.76M | +0.4% | +34,593 | ||
| 2011 | 9.73M | -0.6% | -57,388 | ||
| 2010 | 9.78M | -0.4% | -42,612 | ||
| 2009 | 9.83M | +0.1% | +12,000 | ||
| 2008 | 9.81M | -1.7% | -167,000 | ||
| 2007 | 9.98M | +0.2% | +19,020 | ||
| 2006 | 9.96M | -0.3% | -32,277 | ||
| 2005 | 9.99M | -0.9% | -85,694 | ||
| 2004 | 10.08M | +0.5% | +49,325 | ||
| 2003 | 10.03M | +1.9% | +184,351 | ||
| 2002 | 9.85M | +15.4% | +1.31M | ||
| 2001 | 8.53M | +23.4% | +1.62M | ||
| 2000 | 6.92M | +22.6% | +1.27M | ||
| 1999 | 5.64M | +0.1% | +7,303 | ||
| 1998 | 5.63M | -0.3% | -16,694 | ||
| 1997 | 5.65M | +0.4% | +23,224 | ||
| 1996 | 5.63M | -0.1% | -6,000 | ||
| 1995 | 5.63M | +0.8% | +47,414 | ||
| 1994 | 5.59M | +0.1% | +6,390 | ||
| 1993 | 5.58M | +1.1% | +61,955 | ||
| 1992 | 5.52M | +3.4% | +183,908 | ||
| 1991 | 5.33M | -1.8% | -95,238 | ||
| 1990 | 5.43M | +3.1% | +161,395 | ||
| 1989 | 5.27M | +11.7% | +551,019 | ||
| 1988 | 4.72M | +9.5% | +409,588 | ||
| 1987 | 4.31M | +18.9% | +684,522 | ||
| 1986 | 3.62M | -0.4% | -14,317 | ||
| 1985 | 3.64M | — | — |
- 202512.73M-2.4%
- 202413.04M-2.5%
- 202313.38M-1.5%
- 202213.58M-1.6%
- 202113.80M-0.2%
- 202013.82M-0.4%
- 201913.88M-0.3%
- 201813.92M-0.6%
- 201714.01M-0.5%
- 201614.08M+0.1%
- 201514.06M+0.0%
- 201414.06M+11.7%
- 201312.59M+28.9%
- 20129.76M+0.4%
- 20119.73M-0.6%
- 20109.78M-0.4%
- 20099.83M+0.1%
- 20089.81M-1.7%
- 20079.98M+0.2%
- 20069.96M-0.3%
- 20059.99M-0.9%
- 200410.08M+0.5%
- 200310.03M+1.9%
- 20029.85M+15.4%
- 20018.53M+23.4%
- 20006.92M+22.6%
- 19995.64M+0.1%
- 19985.63M-0.3%
- 19975.65M+0.4%
- 19965.63M-0.1%
- 19955.63M+0.8%
- 19945.59M+0.1%
- 19935.58M+1.1%
- 19925.52M+3.4%
- 19915.33M-1.8%
- 19905.43M+3.1%
- 19895.27M+11.7%
- 19884.72M+9.5%
- 19874.31M+18.9%
- 19863.62M-0.4%
- 19853.64M—
Shares Outstanding 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 Shares Outstanding at Markel (MKL)
According to Markel's latest reported financial statements, the company's latest reported diluted shares outstanding is 11.23M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Markel (MKL) reported diluted shares outstanding of 12.73M – edged down 2.4% year-over-year.
Markel diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -1.6%, with a net decline across the window.
Markel diluted shares outstanding declined from 14.08M in 2016 to 12.73M in 2025, a 9.6% drawdown.
14.08M stands as the all-time-high annual diluted shares outstanding, posted in 2016, against a low of 3.62M during 1986.
Markel Shares Outstanding by Year
Markel Shares Outstanding 2025: 12.73M
Markel posted diluted shares outstanding of 12.73M in 2025, edged down 2.4% below 2024.
Markel Shares Outstanding 2024: 13.04M
In 2024, Markel reported diluted shares outstanding of 13.04M, edged down 2.5% below 2023.
Markel Shares Outstanding 2023: 13.38M
Markel diluted shares outstanding in 2023 was 13.38M, edged down 1.5% below 2022.
Markel Shares Outstanding 2022: 13.58M
2022's diluted shares outstanding for Markel came in at 13.58M, edged down 1.6% below 2021.
Markel Shares Outstanding 2021: 13.80M
Markel diluted shares outstanding in 2021 was 13.80M.
See more financial history for Markel (MKL).
Sector peers by Shares Outstanding
Financial Services peers of Markel (MKL), ranked by their latest diluted shares outstanding
| 7.55B | |
| 3.22B | |
| 2.16B | |
| 1.97B | |
| 1.86B | |
| 1.59B | |
| 898.00M | |
| 317.60M |
- 3.22B
- 1.97B
- 1.86B
- 1.59B
- 898.00M
- 317.60M
Frequently asked questions
Markel (MKL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation