Markel Corporation
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 g…
Insurance - Property & Casualty
US, Glen Allen [HQ]
MKL/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,069.00 | 2,225.00 | 2,629.00 | 3,000.00 | 4,323.00 | 5,133.00 | 5,369.00 | 5,612.00 | 6,061.00 | 6,947.00 | 9,523.00 | 9,639.00 | 12,918.00 | 11,815.00 | 15,786.00 | |
|
EPS
|
20.54 | 27.31 | 14.66 | 25.96 | 22.57 | 22.38 | 41.99 | 31.41 | 25.89 | -9.21 | 129.25 | 55.67 | 176.92 | -7.45 | 147.32 | |
| Diluted in mil. | 20.52 | 27.27 | 14.60 | 25.89 | 22.48 | 22.27 | 41.74 | 31.27 | 25.81 | -9.21 | 129.07 | 55.63 | 176.51 | -7.45 | 146.98 | |
|
Profit
|
2,062.00 | 2,208.00 | 2,605.00 | 2,966.00 | 4,267.00 | 5,076.00 | 5,301.00 | 5,543.00 | 5,980.00 | 6,831.00 | 9,375.00 | 9,479.00 | 12,758.00 | 11,636.00 | 15,606.00 | |
| Gross Margin | 99.68 | 99.24 | 99.08 | 98.88 | 98.72 | 98.88 | 98.72 | 98.78 | 98.67 | 98.33 | 98.44 | 98.35 | 98.76 | 98.49 | 98.86 | |
| Pre Tax | 198.00 | 295.00 | 190.00 | 312.00 | 361.00 | 440.00 | 742.00 | 629.00 | 87.00 | -7.00 | 2,285.00 | 1,000.00 | 3,132.00 | -148.00 | 2,653.00 | |
| Profit Margin | 9.60 | 13.28 | 7.23 | 10.40 | 8.37 | 8.58 | 13.82 | 11.22 | 1.44 | -0.11 | 24.00 | 10.38 | 24.25 | -1.26 | 16.81 | |
| ETR | -1.90 | 9.40 | 21.93 | 17.24 | 21.53 | 26.50 | 20.61 | 26.90 | -359.08 | -1,559.49 | 21.28 | 16.86 | 21.85 | 32.01 | 20.82 | |
| Net | 201.00 | 266.00 | 142.00 | 253.00 | 281.00 | 321.00 | 582.00 | 455.00 | 395.00 | -128.00 | 1,790.00 | 816.00 | 2,423.00 | -101.00 | 1,996.00 | |
| Profit Margin | 9.74 | 11.99 | 5.40 | 8.45 | 6.50 | 6.26 | 10.85 | 8.12 | 6.52 | -1.84 | 18.80 | 8.47 | 18.76 | -0.86 | 12.64 | |
| EBITDA | 282.00 | 421.00 | 340.00 | 487.00 | 662.00 | 758.00 | 1,055.00 | 949.00 | 418.00 | 376.00 | 2.00 | -1,989.00 | -720.00 | 1,057.00 | 2,928.00 | |
| EBITDA Margin | 13.68 | 18.96 | 12.95 | 16.24 | 15.34 | 14.78 | 19.65 | 16.91 | 6.90 | 5.42 | 0.03 | -20.63 | -5.58 | 8.95 | 18.55 | |
| Operating Income | 252.00 | 369.00 | 276.00 | 404.00 | 475.00 | 557.00 | 860.00 | 803.00 | 219.00 | 148.00 | -145.00 | -2,148.00 | -880.00 | 878.00 | 2,928.00 | |
| Operating Margin | 12.21 | 16.59 | 10.51 | 13.49 | 11.00 | 10.87 | 16.02 | 14.32 | 3.63 | 2.14 | -1.53 | -22.29 | -6.82 | 7.44 | 18.55 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 171.00 | 392.00 | 384.00 | 464.00 | 751.00 | |
| Loss | -1,870.00 | -1,929.00 | -2,439.00 | -2,688.00 | -3,961.00 | -4,693.00 | -4,627.00 | -4,982.00 | -5,974.00 | -6,955.00 | -7,238.00 | -8,638.00 | -9,786.00 | -11,964.00 | -12,874.00 | |
| Cost of Revenue | -6.00 | -16.00 | -24.00 | -33.00 | -55.00 | -57.00 | -68.00 | -68.00 | -80.00 | -115.00 | -148.00 | -159.00 | -160.00 | -178.00 | -180.00 | |
|
Operating Expenses
|
-1,816.00 | -1,856.00 | -2,353.00 | -2,595.00 | -3,847.00 | -4,575.00 | -4,509.00 | -4,808.00 | -5,841.00 | -6,799.00 | -9,669.00 | -11,787.00 | -13,799.00 | -11,768.00 | -7,552.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | - - | - - | - - | - - | - - | - - | - - | - - | -474.00 | -675.00 | - - | - - | - - | - - | |
| SG&A | - - | - - | - - | - - | - - | - - | - - | - - | - - | -474.00 | -675.00 | - - | - - | - - | - - | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -31.00 | -53.00 | -70.00 | -87.00 | -190.00 | -203.00 | -200.00 | -194.00 | -203.00 | -227.00 | -269.00 | -307.00 | -336.00 | -366.00 | -259.00 | |
| Interest Expenses | -53.00 | -73.00 | -86.00 | -92.00 | -114.00 | -117.00 | -118.00 | -129.00 | -132.00 | -154.00 | -171.00 | -177.00 | -183.00 | -196.00 | -185.00 | |
| Other Expenses | -89.00 | -234.00 | -351.00 | -539.00 | -710.00 | -883.00 | -1,086.00 | -1,307.00 | -1,413.00 | -2,132.00 | -2,431.00 | -3,148.00 | -4,012.00 | -1,027.00 | -2,653.00 | |
|
WA Shares Outstanding
|
9.00 | 9.00 | 9.00 | 9.00 | 12.00 | 13.00 | 13.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | |
| Diluted | 9.00 | 9.00 | 9.00 | 9.00 | 12.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 |