Last 7 days
2.7%
Last 30 days
3.3%
Last 90 days
15.5%
Trailing 12 Months
28.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-15 | Heaton Michael R | acquired | 4,100 | 1,369 | 2.9943 | executive vice president |
2023-09-07 | MARKEL STEVEN A | sold | -510,866 | 1,468 | -348 | - |
2023-09-06 | Cunningham Lawrence A | bought | 14,550 | 1,455 | 10.00 | - |
2023-09-05 | MARKEL STEVEN A | sold | -514,891 | 1,471 | -350 | - |
2023-09-05 | Cunningham Lawrence A | bought | 14,575 | 1,457 | 10.00 | - |
2023-08-31 | MARKEL STEVEN A | sold | -518,881 | 1,482 | -350 | - |
2023-08-29 | MARKEL STEVEN A | sold | -515,161 | 1,471 | -350 | - |
2023-08-29 | Cunningham Lawrence A | bought | 36,500 | 1,460 | 25.00 | - |
2023-08-18 | Harris Greta J | sold | -153,663 | 1,491 | -103 | - |
2023-08-15 | Heaton Michael R | acquired | 8,199 | 1,345 | 6.0946 | executive vice president |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 12.12 | 9,023 | 51,178 | 0.01% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | added | 2.31 | 17,900 | 183,963 | 0.05% |
2023-09-07 | JAG CAPITAL MANAGEMENT, LLC | reduced | -1.1 | 1,020,090 | 15,411,400 | 1.78% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 42,308 | 553,272 | -% |
2023-08-24 | Adalta Capital Management LLC | added | 181 | 940,000 | 1,400,000 | 0.94% |
2023-08-24 | INVICTUS PRIVATE WEALTH, LLC | unchanged | - | 24,327 | 318,131 | 0.03% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -52.05 | -354,339 | 385,661 | -% |
2023-08-22 | Asset Dedication, LLC | added | 72.73 | 12,000 | 26,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.36 | 370,960 | 4,649,230 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 2.16 | 791,000 | 8,233,000 | 0.08% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 8.99% | 1,208,726 | SC 13G/A | |
Feb 24, 2022 | blackrock inc. | 4.5% | 619,942 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.82% | 1,215,423 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 6.0% | 824,768 | SC 13G/A | |
Feb 12, 2020 | vanguard group inc | 8.86% | 1,224,995 | SC 13G/A | |
Feb 05, 2020 | blackrock inc. | 6.6% | 917,249 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 18, 2023 | 4 | Insider Trading | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 8-K | Current Report | |
Aug 30, 2023 | 4 | Insider Trading | |
Aug 30, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 22, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 83.5B | 55.3B | 6.38% | 11.93% | 47.86 | 1.51 | 11.39% | 104.72% |
AIG | 45.2B | 50.4B | 7.61% | 15.58% | 10.04 | 0.9 | -9.25% | -63.51% |
TRV | 38.7B | 38.7B | 2.91% | 2.81% | 17.31 | 1 | 8.33% | -37.32% |
ALL | 29.9B | 54.6B | 6.77% | -13.02% | -11.18 | 0.55 | 9.14% | -383.17% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
AFG | 9.7B | 7.5B | 0.28% | -7.28% | 11.38 | 1.3 | 12.86% | -17.26% |
HIG | - | 23.6B | 2.72% | 12.08% | - | - | 5.78% | -4.19% |
MID-CAP | ||||||||
RNR | 10.5B | 7.4B | 15.73% | 34.35% | 25.5 | 1.41 | 62.27% | 144.80% |
ESGR | 4.0B | 1.3B | -0.18% | 24.18% | 14.4 | 3.07 | 41.34% | 137.60% |
SMALL-CAP | ||||||||
PLMR | 1.3B | 348.9M | 2.75% | -38.18% | 23 | 3.82 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | 1.93% | -21.70% | -111.09 | 0.86 | 3.44% | -114.81% |
PRA | 998.8M | 1.1B | 4.21% | -11.45% | 107.75 | 0.88 | -2.53% | -76.30% |
JRVR | 562.0M | 901.0M | -2.03% | -39.05% | 12.11 | 0.62 | 14.76% | 164.17% |
11.5%
7.6%
4.9%
16.4%
51.5%
19.2%
18.5%
Y-axis is the maximum loss one would have experienced if Markel was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 18.5% | 15,063 | 12,712 | 11,675 | 11,223 | 10,844 | 12,552 | 12,846 | 12,444 | 12,668 | 12,300 | 11,745 | 11,190 | 10,636 | 10,081 | 9,526 | 7,988 | 8,190 | 7,738 | 6,841 | 7,461 | 6,731 |
Costs and Expenses | 1.7% | 12,211 | 12,007 | 11,768 | 11,190 | 10,642 | 10,095 | 9,603 | 9,233 | 9,007 | 8,475 | 8,461 | 8,078 | 7,629 | 7,512 | 7,049 | 7,196 | 7,106 | 7,009 | 6,802 | 6,310 | 6,466 |
EBITDA | -100.0% | - | 1,154 | 414 | - | 387 | 2,863 | 3,652 | - | - | 3,983 | 1,485 | 1,074 | 756 | 227 | 2,727 | 1,111 | 1,358 | 1,064 | - | - | - |
EBITDA Margin | -100.0% | - | 0.09* | 0.04* | - | 0.04* | 0.23* | 0.28* | - | - | 0.32* | 0.13* | 0.10* | 0.07* | 0.02* | 0.29* | 0.14* | 0.17* | 0.14* | - | - | - |
Interest Expenses | -1.4% | 193 | 196 | 196 | 195 | 194 | 191 | 184 | 180 | 176 | 175 | 178 | 176 | 181 | 176 | 172 | 169 | 159 | 154 | 154 | 150 | 144 |
Earnings Before Taxes | 343.0% | 2,621 | 592 | -148 | 91.00 | 195 | 2,337 | 3,132 | 3,006 | 3,346 | 3,501 | 1,000 | 628 | 306 | -218 | 2,286 | 714 | 971 | 682 | -7.85 | 1,066 | 187 |
EBT Margin | -100.0% | - | 0.05* | -0.01* | 0.01* | 0.02* | 0.19* | 0.24* | 0.24* | 0.26* | 0.28* | 0.09* | 0.06* | 0.03* | -0.02* | 0.24* | - | - | - | - | - | - |
Net Income | 491.3% | 1,939 | 328 | -214 | -31.04 | 92.00 | 1,800 | 2,425 | 2,401 | 2,666 | 2,796 | 816 | 480 | 231 | -183 | 1,799 | 535 | 740 | 513 | -130 | 1,058 | 390 |
Net Income Margin | -100.0% | - | 0.03* | -0.02* | 0.00* | 0.01* | 0.14* | 0.19* | 0.19* | 0.21* | 0.23* | 0.07* | 0.04* | 0.02* | -0.02* | 0.19* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,339 | 2,455 | 2,258 | 2,182 | 2,205 | 2,129 | 1,989 | 1,956 | 1,888 | 1,636 | 1,723 | 1,389 | 1,193 | 1,151 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 2.4% | 52,184 | 50,942 | 49,791 | 48,421 | 47,947 | 48,985 | 48,477 | 46,696 | 45,642 | 43,043 | 41,710 | 40,170 | 39,068 | 36,049 | 37,474 | 37,036 | 36,422 | 34,737 | 33,306 | 33,958 | 33,247 |
Cash Equivalents | 6.8% | 4,306 | 4,032 | 4,137 | 3,541 | 4,911 | 5,208 | 4,881 | 4,507 | 4,352 | 4,498 | 5,217 | 5,263 | 5,627 | 4,458 | 3,500 | 3,200 | 2,641 | 2,764 | 2,396 | 2,627 | 2,244 |
Goodwill | -0.6% | 2,627 | 2,643 | 2,639 | 2,797 | 2,770 | 2,774 | 2,899 | 2,695 | 2,606 | 2,605 | 2,605 | 2,605 | 2,607 | 2,310 | 2,309 | 2,188 | 2,189 | 2,216 | 2,238 | 1,784 | 1,785 |
Liabilities | 2.2% | 37,481 | 36,661 | 36,054 | 35,550 | 34,684 | 34,398 | 33,276 | 32,424 | 31,415 | 29,623 | 28,650 | 28,021 | 27,443 | 26,161 | 26,218 | 26,236 | 25,857 | 24,770 | 24,032 | 24,019 | 23,614 |
Long Term Debt | -2.1% | 3,814 | 3,897 | 4,104 | 4,131 | 4,502 | 4,429 | 4,361 | - | - | - | 3,484 | - | - | - | 3,534 | - | - | - | - | - | - |
Shareholder's Equity | 3.2% | 14,185 | 13,744 | 13,151 | 12,294 | 12,756 | 14,101 | 14,717 | 14,017 | 13,975 | 13,164 | 12,800 | 11,894 | 11,395 | 9,721 | 11,071 | 10,623 | 10,396 | 9,796 | 9,081 | 9,784 | 9,481 |
Retained Earnings | 5.5% | 10,819 | 10,255 | 9,833 | 9,256 | 9,290 | 10,278 | 10,447 | 9,650 | 9,504 | 8,755 | 8,195 | 7,377 | 6,948 | 6,039 | 7,457 | 6,989 | 6,808 | 6,339 | 5,782 | 6,577 | 6,184 |
Minority Interest | 19.5% | 54.00 | 45.00 | 63.00 | 65.00 | 11.00 | 6.00 | 23.00 | 23.00 | 23.00 | 21.00 | 15.00 | 14.00 | 16.00 | 12.00 | 8.00 | 11.00 | 17.00 | 22.00 | 20.00 | -3.84 | -3.45 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 8.5% | 2,797 | 2,579 | 2,709 | 2,532 | 2,382 | 2,371 | 2,274 | 2,098 | 2,062 | 1,990 | 1,738 | 1,824 | 1,514 | 1,321 | 1,274 | 842 | 834 | 854 | 893 | 1,023 | 928 |
Cashflow From Investing | 5.1% | -1,640 | -1,728 | -1,670 | -1,488 | -1,103 | -1,910 | -2,937 | -3,266 | -3,802 | -2,495 | -511 | 144 | 1,040 | 29.00 | -535 | -1,001 | -873 | -386 | -797 | -1,103 | -1,626 |
Cashflow From Financing | 15.2% | -838 | -988 | -595 | -560 | -581 | 297 | 370 | 398 | 391 | 467 | 435 | 64.00 | 447 | 380 | 359 | 763 | 453 | -104 | -178 | 384 | 343 |
Buy Backs | 19.8% | 352 | 293 | 291 | 292 | 272 | 264 | 207 | 125 | 64.00 | 25.00 | 27.00 | 58.00 | 71.00 | 103 | 116 | 105 | 99.00 | 79.00 | 54.00 | 57.00 | 76.00 |
Consolidated Statements Of Income (Loss) And Comprehensive Income (Loss) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |||||||||||||||
OPERATING REVENUES | ||||||||||||||||||
Earned premiums | $ 2,031,143 | $ 1,833,104 | $ 3,998,847 | $ 3,592,874 | ||||||||||||||
Net investment income | 169,693 | 96,795 | 329,028 | 189,099 | ||||||||||||||
Net investment gains (losses) | 484,527 | (1,554,643) | 857,090 | (1,913,042) | ||||||||||||||
Products revenues | 784,882 | 776,959 | 1,362,808 | 1,258,580 | ||||||||||||||
Services and other revenues | 672,291 | 639,992 | 1,238,152 | 1,270,932 | ||||||||||||||
Total Operating Revenues | 4,142,536 | 1,792,207 | 7,785,925 | 4,398,443 | ||||||||||||||
OPERATING EXPENSES | ||||||||||||||||||
Losses and loss adjustment expenses | 1,187,876 | 1,058,810 | 2,360,890 | 2,031,182 | ||||||||||||||
Underwriting, acquisition and insurance expenses | 697,887 | 609,469 | 1,373,592 | 1,199,834 | ||||||||||||||
Products expenses | 651,469 | 697,718 | 1,167,225 | 1,145,537 | ||||||||||||||
Services and other expenses | 590,817 | 557,481 | 1,071,436 | 1,147,372 | ||||||||||||||
Amortization of intangible assets | 44,423 | [1] | 45,523 | [2] | 88,822 | [3] | 91,572 | [4] | ||||||||||
Total Operating Expenses | 3,172,472 | 2,969,001 | 6,061,965 | 5,615,497 | ||||||||||||||
Operating Income (Loss) | 970,064 | (1,176,794) | 1,723,960 | (1,217,054) | ||||||||||||||
Interest expense | (47,221) | (50,050) | (96,659) | (99,742) | ||||||||||||||
Net foreign exchange gains (losses) | (14,976) | 105,067 | (47,904) | 128,071 | ||||||||||||||
Income (Loss) Before Income Taxes | 907,867 | (1,121,777) | 1,579,397 | (1,188,725) | ||||||||||||||
Income tax (expense) benefit | (191,937) | 238,953 | (325,668) | 257,089 | ||||||||||||||
Net Income (Loss) | 715,930 | (882,824) | 1,253,729 | (931,636) | ||||||||||||||
Net income attributable to noncontrolling interests | (20,419) | (32,972) | (69,566) | (35,901) | ||||||||||||||
Net Income (Loss) to Shareholders | 695,511 | (915,796) | 1,184,163 | (967,537) | ||||||||||||||
Preferred stock dividends | (18,000) | (18,000) | (18,000) | (18,000) | ||||||||||||||
Net Income (Loss) to Common Shareholders | 677,511 | (933,796) | 1,166,163 | (985,537) | ||||||||||||||
OTHER COMPREHENSIVE INCOME (LOSS) | ||||||||||||||||||
Net holding gains (losses) arising during the period | (134,991) | (362,392) | 26,215 | (883,592) | ||||||||||||||
Reclassification adjustments for net losses included in net income (loss) | 405 | 1,261 | 3,399 | 1,698 | ||||||||||||||
Change in net unrealized gains (losses) on available-for-sale investments, net of taxes | (134,586) | (361,131) | 29,614 | (881,894) | ||||||||||||||
Change in discount rate for life and annuity benefits, net of taxes | 3,224 | 63,198 | (5,828) | 123,891 | ||||||||||||||
Change in foreign currency translation adjustments, net of taxes | 361 | (4,275) | 2,940 | (5,523) | ||||||||||||||
Change in net actuarial pension loss, net of taxes | 18 | 373 | 36 | 1,505 | ||||||||||||||
Total Other Comprehensive Income (Loss) | (130,983) | (301,835) | 26,762 | (762,021) | ||||||||||||||
Comprehensive Income (Loss) | 584,947 | (1,184,659) | 1,280,491 | (1,693,657) | ||||||||||||||
Comprehensive income attributable to noncontrolling interests | (20,398) | (33,029) | (69,577) | (35,945) | ||||||||||||||
Comprehensive Income (Loss) to Shareholders | $ 564,549 | $ (1,217,688) | $ 1,210,914 | $ (1,729,602) | ||||||||||||||
NET INCOME (LOSS) PER COMMON SHARE | ||||||||||||||||||
Basic | $ 50.20 | $ (69.15) | $ 87.50 | $ (75.56) | ||||||||||||||
Diluted | $ 50.09 | $ (69.15) | [5] | $ 87.34 | $ (75.56) | [5] | ||||||||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets [Abstract] | ||
Fixed maturity securities, available-for-sale (amortized cost of $13,653,557 in 2023 and $12,805,887 in 2022) | $ 12,745,692 | $ 11,856,835 |
Equity securities (cost of $3,282,591 in 2023 and $3,100,040 in 2022) | 8,688,860 | 7,671,912 |
Short-term investments, available-for-sale (estimated fair value approximates cost) | 2,039,061 | 2,669,262 |
Total Investments | 23,473,613 | 22,198,009 |
Cash and cash equivalents | 4,305,884 | 4,137,432 |
Restricted cash and cash equivalents | 935,045 | 1,084,081 |
Receivables | 3,695,172 | 2,961,056 |
Reinsurance recoverables | 8,296,043 | 8,446,745 |
Deferred policy acquisition costs | 1,013,304 | 925,483 |
Prepaid reinsurance premiums | 2,486,203 | 2,066,114 |
Goodwill | 2,626,588 | 2,638,838 |
Intangible assets | 1,677,621 | 1,747,464 |
Other assets | 3,674,660 | 3,586,037 |
Total Assets | 52,184,133 | 49,791,259 |
Liabilities and Equity [Abstract] | ||
Unpaid losses and loss adjustment expenses | 21,374,813 | 20,947,898 |
Life and annuity benefits | 643,572 | 650,721 |
Unearned premiums | 7,072,182 | 6,220,748 |
Payables to insurance and reinsurance companies | 972,194 | 669,742 |
Senior long-term debt and other debt (estimated fair value of $3,299,000 in 2023 and $3,541,000 in 2022) | 3,813,917 | 4,103,629 |
Other liabilities | 3,603,932 | 3,461,482 |
Total Liabilities | 37,480,610 | 36,054,220 |
Redeemable noncontrolling interests | 464,442 | 523,154 |
Commitments and contingencies | ||
Shareholders' equity: | ||
Preferred Stock | 591,891 | 591,891 |
Common stock | 3,515,362 | 3,493,893 |
Retained earnings | 10,818,989 | 9,832,804 |
Accumulated other comprehensive loss | (740,743) | (767,494) |
Total Shareholders' Equity | 14,185,499 | 13,151,094 |
Noncontrolling interests | 53,582 | 62,791 |
Total Equity | 14,239,081 | 13,213,885 |
Total Liabilities and Equity | $ 52,184,133 | $ 49,791,259 |