MKL

Markel Corporation

Fundamental data last updated:September 22, 2026

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company profile

SECTOR

Financial Services

industry

Insurance - Property & Casualty

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. it also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.

 


VALUATION

P/E

11.74

Market Cap ($M USD)

$23.19B

Forward P/E

14.77

PEG

-0.72

PRICE TO SALES

1.40

PRICE TO BOOK

1.15

EV / EBITDA

9.21

5-Year Average P/E

Free Cash Flow Yield

9.43%

DCF Value

$4592.79

Graham Number

$2394.38

Price to FCF

10.60

EV to FCF

10.92

Earnings Yield

8.52%

FCF Yield

9.43%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

34.86%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$157.85

Next Year EPS Growth Estimate

$125.50

Next Year Revenue Growth Estimate

$16.71B

Return on Equity (ROE)

9.84%

FREE CASH FLOW

Operating Margin

13.89%

Debt-to-Equity

0.23

Piotroski F-Score

8

Altman Z-Score

0.82

Return on Invested Capital (ROIC)

8.11%

Current Ratio

0.84

Quick Ratio

0.84

Net Debt to EBITDA

0.27

Interest Coverage

11.25

Gross Profit margin

61.44%

FCF PER SHARE

$194.75

REVENUE PER SHARE

$1475.02

Gainseekers Quantitative Analysis

Summary

The market appears to be significantly undervaluing Markel Corporation. With a DCF value towering over its recent pricing and a Graham Number that suggests further upside, the stock seems mispriced. The Forward P/E of 14.46 and an Earnings Yield of 8.70% indicate a reasonable valuation, yet the Altman Z-score of 0.82 raises red flags about financial distress. Despite these concerns, the company’s robust earnings power and low debt levels suggest resilience. Investors might find this an intriguing opportunity if they can stomach the risk.

AI Exposure / Tech Reliance

Operating within the insurance sector, Markel Corporation is poised to leverage AI and tech advancements to streamline underwriting and claims processes. As the industry evolves, the company can enhance efficiency and customer experience through data analytics. However, the traditional nature of insurance may slow tech adoption compared to more agile sectors.

The Bull Case

For value and GARP investors, Markel offers compelling reasons to buy. The ROIC of 8.11% and a Piotroski F-Score of 8 highlight strong operational efficiency and financial health. With a Free Cash Flow Yield of 9.63% and solid operating margins of 13.89%, the company demonstrates impressive capital efficiency and pricing power. These metrics suggest a well-managed firm capable of generating consistent returns.

The Bear Case

Despite its strengths, Markel faces structural risks. The Altman Z-score indicates potential financial distress, and the Current Ratio of 0.84 suggests liquidity concerns. Trading close to its 52-week high, the stock might be technically overextended. Additionally, the Price/Book ratio of 1.12, while not excessive, could deter investors seeking deeper value.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$1,950.00

Institutional Ownership %

1-Year Beta

0.67

Insider Buying % (6 Mo)

Distance to 52-Week High

19.12%

Distance to 52-Week Low

7.22%

EARNINGS SURPRISE %

-18.08%

50-DAY SMA

$1880.05

200-DAY SMA

$1982.28

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.