Filing Flows › Markel Group (MKL) › How it makes money
How Markel Group (MKL) makes money
Markel Group (MKL) made $4.2B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $4.2B | 100.0% |
| Operating profit | $383M | 9.2% |
| Income tax | $76.6M | 1.8% |
| Net earnings | $259M | 6.2% |
| Operating cash flow | $946M | 22.8% |
| Free cash flow | $849M | 20.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $4.2B | +6% |
| Q2 2026 | $4.0B | -0.1% |
| Q1 2026 | $3.6B | +0.1% |
| Q4 2025 | $4.0B | +8% |
| Q3 2025 | $3.9B | +6% |
| Q2 2025 | $4.6B | +24% |
| Q1 2025 | $3.5B | -21% |
From Markel Group's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Markel Group make money?
Markel Group (MKL) made $4.2B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 6¢ was left as net earnings.
What is Markel Group's profit margin?
Net earnings were $259M, 6.2% of revenue, in the third quarter 2026; the operating margin was 9.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.