# Markel Group (MKL) — Earnings

MKL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mkl/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $18.92 |
| EPS estimate | $30.64 |
| EPS surprise | −38.25% |
| Revenue surprise | +15.23% |
| Revenue | $5.2B |
| Revenue estimate | $4.5B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1096343/000109634326000064/mkl-20260630.htm) |

Markel reported Q2 2026 results on July 29, 2026. Earnings per share were $18.92, below the $30.64 estimate by 38.25%, the second miss in a row after Q1 2026. Revenue was $5.2 billion, 15.23% above the $4.5 billion consensus and the highest quarter in the table. Compared with Q2 2025, EPS fell about 26% from $25.52, while revenue edged up from $5.1 billion.

Markel's quarterly EPS swings widely. The table runs from a low of $5.92 in Q4 2023 to a high of $62.83 in Q4 2021, with $48.48 in Q4 2022. For the complete years shown, annual EPS rose from $61.72 in 2023 to $90.53 in 2024 and $113.55 in 2025, about 84% above 2023. The first half of 2026 totals $42.18, about 13% below the first half of 2025. Q3 2022 is missing from the table. Markel beat the EPS estimate in 13 of the last 20 quarters shown, with surprises ranging from a 71.43% miss to a 287.75% beat.

Q3 results came between October 29 and November 2 in recent years. That points to late October or early November 2026 for the next report, which will show whether EPS returns toward the estimates of recent quarters.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $30.64 | $18.92 | -38.25% | $4.5B | $5.2B |
| Q1 2026 | Apr 28, 2026 | $26.47 | $23.26 | -12.12% | $3.7B | $2.8B |
| Q4 2025 | Feb 4, 2026 | $27.62 | $33.63 | 21.73% | $3.6B | $4.2B |
| Q3 2025 | Oct 29, 2025 | $24.02 | $31.27 | 30.21% | $3.7B | $3.3B |
| Q2 2025 | Jul 30, 2025 | $24.97 | $25.52 | 2.23% | $4.8B | $5.1B |
| Q1 2025 | Apr 30, 2025 | $16.77 | $23.13 | 37.88% | $3.9B | $4.2B |
| Q4 2024 | Feb 5, 2025 | $19.00 | $22.86 | 20.31% | $3.2B | $3.4B |
| Q3 2024 | Oct 30, 2024 | $21.43 | $20.61 | -3.82% | $4.0B | $3.5B |
| Q2 2024 | Jul 31, 2024 | $22.30 | $26.41 | 18.45% | $4.0B | $3.9B |
| Q1 2024 | May 1, 2024 | $17.93 | $20.65 | 15.15% | $3.6B | $3.9B |
| Q4 2023 | Jan 31, 2024 | $20.71 | $5.92 | -71.43% | $3.2B | $3.1B |
| Q3 2023 | Nov 1, 2023 | $19.61 | $16.59 | -15.44% | $3.7B | $2.5B |
| Q2 2023 | Aug 2, 2023 | $17.58 | $22.86 | 30.07% | $3.5B | $3.8B |
| Q1 2023 | Apr 26, 2023 | $16.14 | $16.35 | 1.30% | $3.7B | $3.4B |
| Q4 2022 | Feb 1, 2023 | $18.34 | $48.48 | 164.38% | $3.2B | $3.0B |
| Q2 2022 | Aug 2, 2022 | $20.23 | $15.41 | -23.83% | $3.2B | $3.3B |
| Q1 2022 | Apr 26, 2022 | $16.60 | $15.11 | -8.97% | $3.1B | $3.4B |
| Q4 2021 | Feb 2, 2022 | $16.20 | $62.83 | 287.75% | $2.8B | $2.8B |
| Q3 2021 | Nov 2, 2021 | $11.49 | $12.45 | 8.30% | $2.7B | $3.0B |
| Q2 2021 | Aug 3, 2021 | $15.50 | $18.89 | 21.86% | $2.6B | $2.9B |

## Frequently Asked Questions

### When did Markel Group (MKL) last report earnings?

Markel Group last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did MKL beat earnings estimates?

No. Markel Group reported EPS of $18.92 for Q2 2026 against a $30.64 estimate — a 38.25% miss.

### How much revenue did MKL report last quarter?

Markel Group reported $5.2B in revenue for Q2 2026, against a consensus estimate of $4.5B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).