Filing Flows › Markel Group (MKL) › Operating margin
Markel Group (MKL) operating margin by quarter
Markel Group's operating margin was 9.2% in Q3 2026 (third quarter 2026), -29.6 pts from Q2 2026. Over the last 6 quarters it ranged from 8.0% (Q1 2025) to 38.8% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 9.2% | -29.6 pts | -16.4 pts |
| Q2 2026 | 38.8% | +19.0 pts | +14.8 pts |
| Q4 2025 | 19.8% | -5.8 pts | — |
| Q3 2025 | 25.7% | +1.6 pts | — |
| Q2 2025 | 24.1% | +16.1 pts | — |
| Q1 2025 | 8.0% | — | — |
Q3 2026 at a glance
Markel Group, Q3 2026: revenue $4.2B (+6% year over year), operating margin 9.2%, net earnings $259M, operating cash flow $946M. The chart follows the revenue to costs, profit and cash.
Questions
What is Markel Group's operating margin?
Markel Group's operating margin was 9.2% in Q3 2026 (third quarter 2026), -29.6 pts from Q2 2026.
How has Markel Group's operating margin changed?
Over the last 6 quarters it ranged from 8.0% (Q1 2025) to 38.8% (Q2 2026).