Markel Corporation (MKL) Valuation — DCF, Graham & Comparables

Markel Corporation (MKL) — Price $1,844.76 (closing price, October 28, 2026) — Financial Services — Insurance - Property & Casualty — NYSE

Latest reported results:

Valuation dashboard for Markel Corporation (MKL) with P/E 10.14, P/B 1.14, EV/EBITDA 7.19 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

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.

Analysis Summary

Markel Corporation reported revenue of $16.59B in the most recent fiscal year, growing at a 5-year CAGR of 11.5%. Net income reached $2.11B, with a 20.9% 5-year CAGR.

Trailing-twelve-month margins: gross margin 49.0%, operating margin 13.8%, net margin 11.4%.

At $1,844.76 (closing price, October 28, 2026), MKL trades at a P/E of 10.14 and an ROE of 10.54%. Market capitalisation stands at $22.9B, placing it among large-cap names.

Balance sheet quality for MKL: current ratio of 0.8. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio10.14
Price / Book1.14
EV / EBITDA7.19
Dividend Yield0.00%

Valuation Models

DCF Fair Value$4,377.67
vs Current Price+137.3%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
MKLMarkel Corporation$22.9B10.141.1410.5%
ACGLArch Capital Group Ltd.$35.0B8.011.5018.3%
CBChubb Limited$137.2B12.381.8715.1%
TRVThe Travelers Companies, Inc.$80.8B10.332.8326.2%
HIGThe Hartford Insurance Group, Inc.$34.8B7.991.9224.1%
WRBW. R. Berkley Corporation$26.6B15.142.8318.9%
CNACNA Financial Corporation$13.1B10.641.1612.0%
AFGAmerican Financial Group, Inc.$12.5B13.142.5920.0%

Price

Price$1,844.76 (closing price, October 28, 2026)
Market Cap$22.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity10.54%
Return on Invested Capital6.75%
Return on Assets2.71%
Gross Margin49.01%
Operating Margin13.79%
Net Margin11.43%

Related companies: ACGL · CB · TRV · HIG · WRB · CNA · AFG · KNSL

Explore sector: Financial Services · Insurance - Property & Casualty

More sections of MKL: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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