Filing Flows › Comparisons › L vs MKL
Loews vs Markel Group: L and MKL compared
Loews is the larger company: $4.8B of revenue in its latest quarter (Q3 2026) against $4.2B for Markel Group (Q3 2026). Markel Group is growing faster (+6% against +2% a year earlier). Markel Group is more profitable, with an operating margin of 9.2% against 8.5%.
Where the money goes: L and MKL
Loews (L) · Q3 2026
Loews, Q3 2026: revenue $4.8B (+2% year over year), operating margin 8.5%, net earnings $306M, operating cash flow $954M. The chart follows the revenue to costs, profit and cash.
Markel Group (MKL) · Q3 2026
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.
| Loews (L) | Markel Group (MKL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $4.8B | $4.2B |
| Revenue growth, Y/Y | +2% | +6% |
| Operating margin | 8.5% | 9.2% |
| Net earnings | $306M | $259M |
| Net margin | 6.4% | 6.2% |
| Operating cash flow | $954M | $946M |
| Free cash flow | $691M | $849M |
| Market value | $22.7B | $24.1B |
| P/E | 15.4× | 13.8× |
| Analysts’ mean target | — | $1966.83 |
Questions
Which is bigger, Loews or Markel Group?
Loews is the larger company: $4.8B of revenue in its latest quarter (Q3 2026) against $4.2B for Markel Group (Q3 2026).
Is Loews or Markel Group growing faster?
Markel Group is growing faster (+6% against +2% a year earlier).
Which is more profitable, Loews or Markel Group?
Markel Group is more profitable, with an operating margin of 9.2% against 8.5%.
More: Loews earnings · how Loews makes money · Markel Group earnings · how Markel Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.