Last 7 days
-2.3%
Last 30 days
1.3%
Last 90 days
-0.5%
Trailing 12 Months
-3.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 80.9B | 52.1B | -4.00% | 10.00% | 112.13 | 1.63 | 6.08% | -60.84% |
TRV | 39.8B | 37.8B | -2.45% | 0.63% | 14.22 | 1.05 | 6.99% | -29.09% |
AIG | 39.6B | 51.6B | 6.42% | -4.08% | 3.86 | 0.7 | -3.37% | -38.13% |
ALL | 28.8B | 52.9B | -3.97% | -15.88% | -12.04 | 0.54 | 4.73% | -167.90% |
RE | 24.5B | 12.4B | -5.12% | 26.78% | 41.05 | 1.97 | 3.58% | -56.71% |
HIG | 23.3B | 22.9B | 0.31% | -2.34% | 11.93 | 1.05 | 1.76% | -25.56% |
Y | 11.4B | - | 0.57% | 29.95% | 32.11 | 0.97 | - | - |
AFG | 9.7B | 7.2B | -4.93% | -11.85% | 11.83 | 1.35 | 8.46% | -56.06% |
MID-CAP | ||||||||
RNR | 8.3B | 6.5B | -8.64% | 24.01% | -80.86 | 1.27 | 18.12% | 27.70% |
ESGR | 3.9B | 1.6B | 3.06% | 6.01% | -21.91 | 2.4 | - | -308.14% |
SMALL-CAP | ||||||||
HMN | 1.4B | 1.4B | -0.16% | -25.99% | -529.92 | 1 | 2.59% | -108.90% |
PLMR | 1.2B | 338.2M | -4.28% | -23.19% | 21.71 | 3.53 | 22.24% | 25.58% |
PRA | 990.7M | 1.1B | -31.02% | -46.30% | -2.5K | 0.9 | -7.68% | -102.27% |
JRVR | 758.8M | 847.3M | 6.72% | -22.00% | 24.98 | 0.9 | 7.01% | 151.37% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 8.9% | 12,712 | 11,675 | 11,223 | 10,844 | 12,552 |
Costs and Expenses | 2.0% | 12,009 | 11,768 | 11,192 | 10,644 | 10,095 |
EBITDA | 7.0% | 414 | 387 | 2,863 | - | - |
EBITDA Margin | -0.7% | 0.04* | 0.04* | 0.23* | - | - |
Earnings Before Taxes | 497.1% | 591 | -148 | 91.00 | 194 | 2,337 |
EBT Margin | -260.2% | -0.01* | 0.01* | 0.02* | 0.19* | - |
Interest Expenses | -0.1% | 196 | 196 | 195 | 194 | 191 |
Net Income | 252.9% | 327 | -214 | -31.60 | 91.00 | 1,800 |
Net Income Margin | -529.4% | -0.02* | 0.00* | 0.01* | 0.14* | - |
Free Cahsflow | 8.7% | 2,455 | 2,258 | 2,182 | 2,205 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 2.3% | 50,942 | 49,791 | 48,421 | 47,947 | 48,985 |
Cash Equivalents | -2.5% | 4,032 | 4,137 | 3,541 | 3,699 | 5,208 |
Goodwill | 0.2% | 2,643 | 2,639 | 2,797 | 2,770 | 2,774 |
Liabilities | 1.7% | 36,661 | 36,054 | 35,550 | 34,684 | 34,398 |
Long Term Debt | -5.0% | 3,897 | 4,104 | 4,131 | 4,502 | 4,429 |
Shareholder's Equity | 4.5% | 13,744 | 13,151 | 12,294 | 12,756 | 14,101 |
Retained Earnings | 4.3% | 10,255 | 9,833 | 9,256 | 9,290 | 10,278 |
Minority Interest | -28.6% | 45.00 | 63.00 | 65.00 | 11.00 | 6.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -4.8% | 2,579 | 2,709 | 2,532 | 2,382 | 2,371 |
Cashflow From Investing | -3.5% | -1,728 | -1,670 | -1,488 | -1,103 | -1,910 |
Cashflow From Financing | -66.1% | -988 | -595 | -560 | -581 | 297 |
Buy Backs | 0.9% | 293 | 291 | 292 | 272 | 264 |
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.
9.6%
4.6%
3.2%
13.1%
FIve years rolling returns for Markel.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Toroso Investments, LLC | new | - | 408,000 | 408,000 | 0.01% |
2023-05-22 | FDx Advisors, Inc. | unchanged | - | - | 1,732,000 | 0.07% |
2023-05-22 | Raleigh Capital Management Inc. | new | - | 3,832 | 3,832 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 30.94 | 1,687,780 | 7,941,780 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -12.47 | -3,615,000 | 20,266,000 | 0.03% |
2023-05-18 | CENTAURUS FINANCIAL, INC. | reduced | -13.84 | -656,000 | 3,332,000 | 0.27% |
2023-05-18 | JPMORGAN CHASE & CO | added | 17.08 | 2,186,970 | 18,381,000 | -% |
2023-05-17 | Advisory Services Network, LLC | unchanged | - | -25,251 | 804,768 | 0.02% |
2023-05-17 | Chevy Chase Trust Holdings, LLC | reduced | -14.34 | -116,767 | 572,280 | -% |
2023-05-17 | CHECK CAPITAL MANAGEMENT INC/CA | added | 27.75 | 16,851,000 | 87,460,000 | 3.90% |
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 | |
---|---|---|---|
May 26, 2023 | 8-K | Current Report | |
May 25, 2023 | 4 | Insider Trading | |
May 19, 2023 | 8-K | Current Report | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-17 | Connell K Bruce | acquired | - | - | 122 | - |
2023-05-17 | Housel Morgan E. | acquired | - | - | 122 | - |
2023-05-17 | Morrison Harold Lawrence Jr. | acquired | - | - | 122 | - |
2023-05-17 | Puckett A. Lynne | acquired | - | - | 122 | - |
2023-05-17 | OREILLY MICHAEL | acquired | - | - | 122 | - |
2023-05-17 | Besca Mark | acquired | - | - | 122 | - |
2023-05-17 | Leopold Diane | acquired | - | - | 122 | - |
2023-05-17 | Harris Greta J | acquired | - | - | 122 | - |
2023-05-17 | Cunningham Lawrence A | acquired | - | - | 122 | - |
2023-05-16 | Noble Jeremy Andrew | acquired | - | - | 368 | president, insurance |
Consolidated Statements Of Income (Loss) And Comprehensive Income (Loss) - USD ($) $ in Thousands | 3 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |||||||||||
OPERATING REVENUES | ||||||||||||
Earned premiums | $ 1,967,704 | $ 1,759,770 | ||||||||||
Net investment income | 159,335 | 92,304 | ||||||||||
Net investment gains (losses) | 372,563 | (358,399) | ||||||||||
Products revenues | 577,926 | 481,621 | ||||||||||
Services and other revenues | 565,861 | 630,940 | ||||||||||
Total Operating Revenues | 3,643,389 | 2,606,236 | ||||||||||
OPERATING EXPENSES | ||||||||||||
Losses and loss adjustment expenses | 1,173,014 | 972,372 | ||||||||||
Underwriting, acquisition and insurance expenses | 675,705 | 590,365 | ||||||||||
Products expenses | 515,756 | 447,819 | ||||||||||
Services and other expenses | 480,619 | [1] | 589,891 | |||||||||
Amortization of intangible assets | 44,399 | [2] | 46,049 | [3] | ||||||||
Total Operating Expenses | 2,889,493 | 2,646,496 | ||||||||||
Operating Income (Loss) | 753,896 | (40,260) | ||||||||||
Interest expense | (49,438) | (49,692) | ||||||||||
Net foreign exchange gains (losses) | (32,928) | 23,004 | ||||||||||
Income (Loss) Before Income Taxes | 671,530 | (66,948) | ||||||||||
Income tax (expense) benefit | (133,731) | 18,136 | ||||||||||
Net Income (Loss) | 537,799 | (48,812) | ||||||||||
Net income attributable to noncontrolling interests | (49,147) | (2,929) | ||||||||||
Net Income (Loss) to Shareholders | 488,652 | (51,741) | ||||||||||
Preferred stock dividends | 0 | 0 | ||||||||||
Net Income (Loss) to Common Shareholders | 488,652 | (51,741) | ||||||||||
OTHER COMPREHENSIVE INCOME (LOSS) | ||||||||||||
Net holding gains (losses) arising during the period | 161,206 | (521,200) | ||||||||||
Reclassification adjustments for net losses included in net income (loss) | 2,994 | 437 | ||||||||||
Change in net unrealized gains (losses) on available-for-sale investments, net of taxes | 164,200 | (520,763) | ||||||||||
Change in discount rate for life and annuity benefits, net of taxes | (9,052) | 60,693 | ||||||||||
Change in foreign currency translation adjustments, net of taxes | 2,579 | (1,248) | ||||||||||
Change in net actuarial pension loss, net of taxes | 18 | 1,132 | ||||||||||
Total Other Comprehensive Income (Loss) | 157,745 | (460,186) | ||||||||||
Comprehensive Income (Loss) | 695,544 | (508,998) | ||||||||||
Comprehensive income attributable to noncontrolling interests | (49,179) | (2,916) | ||||||||||
Comprehensive Income (Loss) to Shareholders | $ 646,365 | $ (511,914) | ||||||||||
NET INCOME (LOSS) PER COMMON SHARE | ||||||||||||
Basic | $ 37.33 | $ (6.50) | ||||||||||
Diluted | [4] | $ 37.26 | $ (6.50) | |||||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets [Abstract] | ||
Fixed maturity securities, available-for-sale (amortized cost of $13,142,991 in 2023 and $12,805,887 in 2022) | $ 12,403,118 | $ 11,856,835 |
Equity securities (cost of $3,169,913 in 2023 and $3,100,040 in 2022) | 8,113,476 | 7,671,912 |
Short-term investments, available-for-sale (estimated fair value approximates cost) | 2,487,501 | 2,669,262 |
Total Investments | 23,004,095 | 22,198,009 |
Cash and cash equivalents | 4,031,952 | 4,137,432 |
Restricted cash and cash equivalents | 972,901 | 1,084,081 |
Receivables | 3,192,078 | 2,961,056 |
Reinsurance recoverables | 8,585,580 | 8,446,745 |
Deferred policy acquisition costs | 994,365 | 925,483 |
Prepaid reinsurance premiums | 2,162,117 | 2,066,114 |
Goodwill | 2,642,877 | 2,638,838 |
Intangible assets | 1,706,206 | 1,747,464 |
Other assets | 3,650,090 | 3,586,037 |
Total Assets | 50,942,261 | 49,791,259 |
Liabilities and Equity [Abstract] | ||
Unpaid losses and loss adjustment expenses | 21,306,793 | 20,947,898 |
Life and annuity benefits | 668,848 | 650,721 |
Unearned premiums | 6,570,373 | 6,220,748 |
Payables to insurance and reinsurance companies | 800,371 | 669,742 |
Senior long-term debt and other debt (estimated fair value of $3,450,000 in 2023 and $3,541,000 in 2022) | 3,896,766 | 4,103,629 |
Other liabilities | 3,417,906 | 3,461,482 |
Total Liabilities | 36,661,057 | 36,054,220 |
Redeemable noncontrolling interests | 491,883 | 523,154 |
Commitments and contingencies | ||
Shareholders' equity: | ||
Preferred Stock | 591,891 | 591,891 |
Common stock | 3,506,972 | 3,493,893 |
Retained earnings | 10,255,401 | 9,832,804 |
Accumulated other comprehensive loss | (609,781) | (767,494) |
Total Shareholders' Equity | 13,744,483 | 13,151,094 |
Noncontrolling interests | 44,838 | 62,791 |
Total Equity | 13,789,321 | 13,213,885 |
Total Liabilities and Equity | $ 50,942,261 | $ 49,791,259 |