MKL
Income statement / Annual
Last year (2023), Markel Corporation's total revenue was $15.80 B,
an increase of 33.75% from the previous year.
In 2023, Markel Corporation's net income was $2.00 B.
See Markel Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$15.80 B
|
$11.82 B
|
$12.92 B
|
$9.64 B
|
$9.52 B
|
$6.95 B
|
$6.06 B
|
$5.61 B
|
$5.37 B
|
$5.13 B
|
| Cost of Revenue |
$197.54 M |
$178.78 M |
$160.54 M |
$159.32 M |
$148.64 M |
$115.93 M |
$80.76 M |
$68.53 M |
$68.95 M |
$57.63 M |
| Gross Profit |
$15.61 B |
$11.64 B |
$12.76 B |
$9.48 B |
$9.38 B |
$6.83 B |
$5.98 B |
$5.54 B |
$5.30 B |
$5.08 B |
| Gross Profit Ratio |
0.99 |
0.98 |
0.99 |
0.98 |
0.98 |
0.98 |
0.99 |
0.99 |
0.99 |
0.99 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$675.68 M
|
$474.92 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$2.84 B
|
$0.00
|
$0.00
|
$0.00
|
$675.68 M
|
$474.92 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$12.87 B |
$11.77 B |
-$13.80 B |
-$11.79 B |
-$10.35 B |
-$7.27 B |
$5.84 B |
$4.81 B |
$4.51 B |
$4.58 B |
| Operating Expenses |
$15.71 B |
$11.77 B |
-$13.80 B |
-$11.79 B |
-$9.67 B |
-$6.80 B |
$5.84 B |
$4.81 B |
$4.51 B |
$4.58 B |
| Cost And Expenses |
$12.87 B |
$11.96 B |
$9.79 B |
$8.64 B |
$7.24 B |
$6.96 B |
$5.97 B |
$4.98 B |
$4.63 B |
$4.69 B |
| Interest Income |
$0.00 |
$464.01 M |
$384.42 M |
$392.05 M |
$171.69 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$185.08 M |
$196.06 M |
$183.58 M |
$177.58 M |
$171.69 M |
$154.21 M |
$132.45 M |
$129.90 M |
$118.30 M |
$117.44 M |
| Depreciation &
Amortization |
$259.92 M
|
$366.95 M
|
$336.39 M
|
$307.07 M
|
$269.24 M
|
$227.85 M
|
$203.87 M
|
$194.15 M
|
$68.95 M
|
$57.63 M
|
| EBITDA |
$3.10 B
|
$411.45 M
|
$3.65 B
|
$1.49 B
|
$2.73 B
|
$374.20 M
|
$423.62 M
|
$953.96 M
|
$1.06 B
|
$761.40 M
|
| EBITDA Ratio |
0.2 |
0.09 |
-0.06 |
-0.21 |
0 |
0.05 |
0.07 |
0.17 |
0.2 |
0.15 |
| Operating Income Ratio
|
0.19
|
0.07
|
-0.07
|
-0.22
|
-0.02
|
0.02
|
0.04
|
0.14
|
0.16
|
0.11
|
| Total Other
Income/Expenses Net |
-$275.12 M
|
-$151.57 M
|
$3.13 B
|
-$273.44 M
|
-$191.54 M
|
-$47.61 M
|
-$132.45 M
|
-$175.25 M
|
-$118.30 M
|
-$117.44 M
|
| Income Before Tax |
$2.65 B |
-$148.84 M |
$3.13 B |
$1.00 B |
$2.29 B |
-$7.86 M |
$87.30 M |
$629.92 M |
$742.11 M |
$440.38 M |
| Income Before Tax Ratio
|
0.17
|
-0.01
|
0.24
|
0.1
|
0.24
|
-0
|
0.01
|
0.11
|
0.14
|
0.09
|
| Income Tax Expense |
$552.62 M |
-$47.64 M |
$684.46 M |
$168.68 M |
$486.35 M |
$122.50 M |
-$313.46 M |
$169.48 M |
$152.96 M |
$116.69 M |
| Net Income |
$2.00 B |
-$101.20 M |
$2.42 B |
$816.03 M |
$1.79 B |
-$128.18 M |
$395.27 M |
$455.69 M |
$582.77 M |
$321.18 M |
| Net Income Ratio |
0.13 |
-0.01 |
0.19 |
0.08 |
0.19 |
-0.02 |
0.07 |
0.08 |
0.11 |
0.06 |
| EPS |
147.32 |
-7.45 |
176.92 |
55.67 |
129.25 |
-9.21 |
25.89 |
31.41 |
41.99 |
22.38 |
| EPS Diluted |
146.98 |
-7.45 |
176.51 |
55.63 |
129.07 |
-9.21 |
25.81 |
31.27 |
41.74 |
22.27 |
| Weighted Average Shares
Out |
$13.35 M
|
$13.58 M
|
$13.77 M
|
$13.81 M
|
$13.86 M
|
$13.92 M
|
$13.96 M
|
$14.01 M
|
$13.98 M
|
$13.98 M
|
| Weighted Average Shares
Out Diluted |
$13.38 M
|
$13.58 M
|
$13.80 M
|
$13.82 M
|
$13.88 M
|
$13.92 M
|
$14.01 M
|
$14.08 M
|
$14.06 M
|
$14.06 M
|
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