← MARKEL GROUP INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.6b |
$6.1b
+8.01%
|
$2.1b
-64.82%
|
$2.4b
+13.61%
|
$3.1b
+29.32%
|
$4.0b
+27.36%
|
$5.2b
+31.23%
|
$14.3b
+172.69%
|
$14.8b
+3.74%
|
$15.5b
+4.72%
|
$16.7b
+7.45%
|
|
| Amortization of Intangible Assets | $68.5m | $80.8m | $115.9m | $148.6m | $159.3m | $160.5m | $178.8m | $180.6m | $181.5m | $185.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | $115.4m | $126.3m | $148.4m | $169.0m | $188.7m | — | |
| Operating Income (Loss) | $803.9m |
$219.7m
-72.67%
|
$39.8m
-81.91%
|
$2.5b
+6130.91%
|
$1.3b
-48.58%
|
$3.2b
+154.62%
|
($93.0m)
-102.87%
|
$2.9b
+3249.75%
|
$3.7b
+26.76%
|
$3.2b
-13.94%
|
— | |
| Interest Expense | $129.9m | $132.5m | $154.2m | $171.7m | $177.6m | $183.6m | $196.1m | $185.1m | $204.3m | $205.9m | $204.0m | |
| Net Investment Income | $373.2m | $405.7m | $434.2m | $451.9m | $371.8m | $374.6m | $446.8m | $734.5m | $920.5m | $970.4m | $1.1b | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | ($470.0m) | $25.9m | ($14.9m) | $34.7m | ($15.0m) | $3.0m | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | $106.6m | ($2.3m) | ($95.9m) | $72.3m | $140.2m | ($90.0m) | $129.4m | ($256.2m) | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $83.5m | $2.3m | ($12.0m) | ($1.5m) | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Other Income | $1.3b | $1.4b | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $6.9m | $11.1m | ($1.9m) | $4.4m | ($4.4m) | $8.9m | ($22.9m) | ($2.1m) | $58.7m | $70.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $288.9m | $337.7m | $99.4m | $1.7b | $1.0b | $2.3b | ($109.3m) | $1.7b | $2.4b | $2.0b | $3.0b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $629.9m | $87.3m | ($7.9m) | $2.3b | $1.0b | $3.1b | ($148.8m) | $2.7b | $3.6b | $2.7b | $3.0b | |
| Current Income Tax Expense (Benefit) | $106.1m | $10.6m | $119.8m | $163.0m | $171.4m | $230.6m | $234.1m | $318.8m | $395.7m | $429.1m | $634.0m | |
| Income Tax Expense (Benefit) | $169.5m | ($313.5m) | $122.5m | $486.3m | $168.7m | $684.5m | ($47.6m) | $552.6m | $790.3m | $580.3m | $634.0m | |
| Net Income (Loss) Attributable to Parent | $455.7m |
$395.3m
-13.26%
|
($128.2m)
-132.43%
|
$1.8b
+1496.84%
|
$816.0m
-54.42%
|
$2.4b
+197.17%
|
($214.1m)
-108.83%
|
$2.0b
+1032.20%
|
$2.7b
+37.62%
|
$2.1b
-23.30%
|
$2.3b
+8.31%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $460.4m |
$400.8m
-12.96%
|
($130.4m)
-132.53%
|
$1.8b
+1480.45%
|
$797.6m
-55.67%
|
$2.4b
+199.51%
|
($250.1m)
-110.47%
|
$2.0b
+883.64%
|
$2.7b
+38.31%
|
$2.1b
-23.24%
|
$2.3b
+9.67%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $4.8m | $5.5m | ($2.2m) | $9.0m | $15.7m | $22.7m | $112.9m | $105.0m | $100.4m | $45.4m | $2.3b | |
| Preferred Stock Dividends, Income Statement Impact | — | — | $0 | $0 | $18.4m | $36.0m | $36.0m | $36.0m | $36.0m | $26.1m | $44.1m | |
| Earnings Per Share, Basic | $31.41 | $25.89 | ($9.55) | $129.25 | $55.67 | $176.92 | ($23.57) | $147.32 | $199.69 | $169.74 | $181.79 | |
| Earnings Per Share, Diluted | $31.27 | $25.81 | ($9.55) | $129.07 | $55.63 | $176.51 | ($23.57) | $146.98 | $199.32 | $169.22 | $181.19 | |
| Preferred Stock, Dividends Per Share, Declared | $31.41 | $25.89 | ($9.55) | $129.25 | $55.67 | $176.92 | $60.00 | $60.00 | $60.00 | $30.00 | $44,109,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 14.0m | 14.0m | 13.9m | 13.9m | 13.8m | 13.8m | 13.6m | 13.3m | 13.0m | 12.6m | 12.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 14.1m | 14.0m | 13.9m | 13.9m | 13.8m | 13.8m | 13.6m | 13.4m | 13.0m | 12.6m | 12.6m | |
| Expenses | ||||||||||||
| Additional Financial Items | ||||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $782.2m | $894.4m | $1.0b | $1.1b | $1.2b | $1.4b | $1.7b | $1.8b | $1.8b | $1.8b | — | |
| Other Cost and Expense, Operating | $1.2b | $1.3b | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $65.1m | ($5.3m) | ($437.6m) | $1.6b | $618.0m | $2.0b | ($1.6b) | $1.5b | $1.8b | $1.1b | — | |
| Costs and Expenses | $4.8b | $5.8b | $6.8b | $7.0b | $8.5b | $9.6b | $11.8b | $12.9b | $12.9b | $13.4b | — | |
| Goodwill, Impairment Loss | $18.7m | $0 | $91.9m | $0 | $0 | $0 | $80.0m | $0 | $0 | $0 | $0 | |
| Lease Income | — | — | — | — | — | — | — | $188.9m | $176.3m | $231.9m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $2.1b | $2.9b | $2.8b | $2.9b | $3.5b | $3.6b | $4.4b | $5.3b | $5.1b | $5.1b | — | |
| Other Interest and Dividend Income | $2.7m | ($828k) | $881k | $5.3m | $434k | ($1.7m) | — | — | — | — | — | |
| Premiums Earned, Net | $3.9b | $4.2b | $4.7b | $5.0b | $5.6b | $6.5b | $7.6b | $8.3b | $8.4b | $8.7b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.