Markel Corporation (MKL) is a publicly traded company in the Financial Services — Insurance - Property & Casualty industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Markel Corporation operates as a multifaceted financial conglomerate, engaging in the marketing and underwriting of specialized insurance offerings across numerous global regions. Its operational footprint spans the United States, Bermuda, the United Kingdom, continental Europe, Canada, the Asia Pacific, and the Middle East. Within its Insurance segment, the company delivers a broad spectrum of protection.
Is Markel Corporation stock overvalued or undervalued in 2026?
Markel Corporation (MKL) trades at 10.1× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROE del 10,5 % (1.5×) $2,432 (+32 %); at its peers' median (2.6×) $4,199 (+128 %).
Kaplio overview: Markel Corporation
Market cap $23B · 52 weeks $1,712 – $2,192 (16 % below the high) · P/E 10.1× · 2027 expected P/E 16.4× · Dividend none · Next earnings February 3, 2027 · expected EPS $28.12 · Closing price, Oct 28 · accounts published Oct 28.
- Valuation: P/B 1.1× (justified).
- Business: 5-year op. margin 15.6 % (excellent).
- Balance sheet: Debt/Equity 0.23 (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At a P/B justified by its ROE del 10,5 % (1.5×) $2,432 (+32 %); at its peers' median (2.6×) $4,199 (+128 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in insurance: 4 of 5 pass
- Dividend growth streak 6 años, fails.
- Op Margin 5y (Combined Ratio proxy) 15.6 %, passes.
- Book Value / Share growth 9.7 %, passes.
- Debt / Equity 0.23, passes.
- P/B (Price / Book) 1.1×, passes.
Against its peers (reference peers) — Markel Corporation: P/E 10.1×; P/B 1.1×; ROE 10.5 %; $22.9B. W. R. Berkley Corporation (P/E 15.1×; P/B 2.8×; ROE 18.9 %; $26.6B), CNA Financial Corporation (P/E 10.6×; P/B 1.2×; ROE 12.0 %; $13.1B), American Financial Group, Inc. (P/E 13.1×; P/B 2.6×; ROE 20.0 %; $12.5B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 1.1× · median 1.4× · minimum 1.0× · maximum 2.0× · cheap below 1.3× · expensive above 1.6×. It has been cheaper than today only 7% of the time over its last ten fiscal years.
Dividend
solid · Yield 0.00 % ($48.67 per share in 2025) · Years raising it ≥ 5 · paying since 2020 · 5-year growth +105 % a year · Free cash flow coverage payout 29 %.
Profitability
| Return on Equity | 10.54% |
| Return on Invested Capital | 6.75% |
| Return on Assets | 2.71% |
| Gross Margin | 49.01% |
| Operating Margin | 13.79% |
| Net Margin | 11.43% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 0.00 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 0.89 |
Price Performance
| 1 month | +6.02% |
| 3 months | -2.00% |
| Year-to-date | -14.18% |
| 1 year | +1.01% |
| 3 years | +26.59% |
| 5 years | +40.49% |
| 10 years | +110.25% |
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Explore sector: Financial Services · Insurance - Property & Casualty
More sections of MKL: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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