Markel (MKL) revenue breakdown
By segment, Insurance is the largest at 45% of fiscal 2024 revenue; Markel Ventures grew fastest, 20% a year over 8 years.
Revenue by segment
Fiscal years, as Markel reports them in its 10-K filings; fiscal 2024 total $16.6B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Insurance | — | — | — | — | — | $5.5B | $6.5B | $7.3B | $7.4B | 45% |
| Markel Ventures | $1.2B | $1.3B | $1.9B | $2.1B | $2.8B | $3.6B | $4.8B | $5.0B | $5.1B | 31% |
| Investing | — | — | — | — | — | $2.4B | -$1.2B | $2.2B | $2.8B | 17% |
| Reinsurance | — | — | — | — | — | $1.0B | $1.1B | $1.0B | $1.0B | 6% |
| Other Insurance Operations | $93M | $80M | $221M | $369M | $334M | $342M | $494M | $280M | $292M | 2% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MKL.
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Where does Markel make its money?
In fiscal 2024, by segment: Insurance $7.4B, Markel Ventures $5.1B, Investing $2.8B, Reinsurance $1.0B, Other Insurance Operations $292M.
From Markel's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.