Markel Group annual free cash flow
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2025
Markel Group Free Cash Flow (FCF) History (MKL)
Markel Group reported $2.55B in free cash flow for fiscal 2025, an increase of 9.21% from the previous fiscal year, with a free cash flow margin of 16.47%.
View full Markel Group company overviewMarkel Group free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.55B | $215.3M | +9.21% | +16.47% |
| 2024 | 2024-12-31 | $2.34B | −$189.2M | −7.48% | +15.79% |
| 2023 | 2023-12-31 | $2.53B | $73.5M | +2.99% | +17.70% |
| 2022 | 2022-12-31 | $2.45B | $325.9M | +15.31% | +46.88% |
| 2021 | 2021-12-31 | $2.13B | $492.5M | +30.10% | +53.25% |
| 2020 | 2020-12-31 | $1.64B | $485.5M | +42.19% | +52.29% |
| 2019 | 2019-12-31 | $1.15B | $364.5M | +46.36% | +47.50% |
| 2018 | 2018-12-31 | $786.3M | $2.4M | +0.30% | +36.87% |
| 2017 | 2017-12-31 | $783.9M | $312.9M | +66.45% | +55.47% |
| 2016 | 2016-12-31 | $470.9M | −$100.4M | −17.58% | +36.01% |
| 2015 | 2015-12-31 | $571.4M | −$63.3M | −9.97% | +10.64% |
| 2014 | 2014-12-31 | $634.7M | −$63.1M | −9.05% | +12.36% |
| 2013 | 2013-12-31 | $697.8M | $350.8M | +101.09% | +16.14% |
| 2012 | 2012-12-31 | $347.0M | $95.8M | +38.15% | +11.57% |
| 2011 | 2011-12-31 | $251.2M | $70.0M | +38.63% | +9.55% |
| 2010 | 2010-12-31 | $181.2M | −$79.4M | −30.46% | +8.14% |
| 2009 | 2009-12-31 | $260.6M | −$118.8M | −31.31% | +12.59% |
| 2008 | 2008-12-31 | $379.3M | — | — | +19.19% |
Markel Group quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $384.5M | −$69.2M | −15.25% | +9.57% |
| Q1 2026 | 2026-03-31 | −$31.4M | −$366.8M | — | −0.88% |
| Q4 2025 | 2025-12-31 | $599.1M | $179.1M | +42.64% | +14.95% |
| Q3 2025 | 2025-09-30 | $1.17B | $327.2M | +39.00% | +29.64% |
| Q2 2025 | 2025-06-30 | $453.8M | −$67.7M | −12.98% | +11.28% |
| Q1 2025 | 2025-03-31 | $335.5M | −$223.2M | −39.95% | +9.45% |
| Q4 2024 | 2024-12-31 | $420.0M | −$299.0M | −41.59% | +14.23% |
| Q3 2024 | 2024-09-30 | $838.9M | −$41.1M | −4.67% | +22.71% |
| Q2 2024 | 2024-06-30 | $521.4M | −$160.7M | −23.56% | +14.09% |
| Q1 2024 | 2024-03-31 | $558.7M | $311.7M | +126.19% | +12.51% |
| Q4 2023 | 2023-12-31 | $719.0M | −$64.7M | −8.26% | +6.95% |
| Q3 2023 | 2023-09-30 | $880.0M | $19.5M | +2.26% | +66.31% |
| Q2 2023 | 2023-06-30 | $682.2M | $234.9M | +52.52% | +46.82% |
| Q1 2023 | 2023-03-31 | $247.0M | −$116.2M | −31.99% | +21.60% |
| Q4 2022 | 2022-12-31 | $783.7M | $196.6M | +33.49% | +54.85% |
| Q3 2022 | 2022-09-30 | $860.5M | $76.3M | +9.73% | +67.33% |
| Q2 2022 | 2022-06-30 | $447.3M | −$22.7M | −4.83% | +31.57% |
| Q1 2022 | 2022-03-31 | $363.2M | $75.7M | +26.33% | +32.64% |
| Q4 2021 | 2021-12-31 | $587.1M | $139.7M | +31.21% | +55.12% |
| Q3 2021 | 2021-09-30 | $784.3M | $33.5M | +4.46% | +79.10% |
| Q2 2021 | 2021-06-30 | $470.0M | $67.7M | +16.82% | +40.45% |
| Q1 2021 | 2021-03-31 | $287.5M | $251.7M | +703.65% | +36.90% |
| Q4 2020 | 2020-12-31 | $447.5M | −$86.8M | −16.24% | +50.95% |
| Q3 2020 | 2020-09-30 | $750.7M | $334.2M | +80.22% | +84.58% |
| Q2 2020 | 2020-06-30 | $402.3M | $196.3M | +95.33% | +52.59% |
| Q1 2020 | 2020-03-31 | $35.8M | $41.8M | — | +5.98% |
| Q4 2019 | 2019-12-31 | $534.2M | $432.3M | +423.90% | +90.40% |
| Q3 2019 | 2019-09-30 | $416.6M | −$12.6M | −2.93% | +70.91% |
| Q2 2019 | 2019-06-30 | $206.0M | −$14.9M | −6.74% | +29.33% |
| Q1 2019 | 2019-03-31 | −$6.0M | −$40.3M | — | −1.11% |
| Q4 2018 | 2018-12-31 | $102.0M | −$133.3M | −56.66% | +18.65% |
| Q3 2018 | 2018-09-30 | $429.1M | $82.9M | +23.95% | +82.81% |
| Q2 2018 | 2018-06-30 | $220.8M | $14.6M | +7.05% | +35.15% |
| Q1 2018 | 2018-03-31 | $34.3M | $38.2M | — | +7.81% |
| Q4 2017 | 2017-12-31 | $235.3M | $39.1M | +19.94% | — |
| Q3 2017 | 2017-09-30 | $346.2M | $107.0M | +44.74% | +101.30% |
| Q2 2017 | 2017-06-30 | $206.3M | $51.2M | +33.05% | +62.32% |
| Q1 2017 | 2017-03-31 | −$3.9M | $115.6M | — | −0.28% |
| Q4 2016 | 2016-12-31 | $196.2M | $113.1M | +136.15% | — |
| Q3 2016 | 2016-09-30 | $239.2M | −$50.0M | −17.30% | +16.71% |
| Q2 2016 | 2016-06-30 | $155.0M | −$44.8M | −22.42% | +11.27% |
| Q1 2016 | 2016-03-31 | −$119.5M | −$118.7M | — | −8.68% |
| Q4 2015 | 2015-12-31 | $83.1M | −$67.3M | −44.76% | +5.85% |
| Q3 2015 | 2015-09-30 | $289.2M | $24.1M | +9.08% | +21.54% |
| Q2 2015 | 2015-06-30 | $199.9M | −$7.6M | −3.64% | +15.32% |
| Q1 2015 | 2015-03-31 | −$774,000 | −$12.5M | — | −0.06% |
| Q4 2014 | 2014-12-31 | $150.4M | −$41.6M | −21.68% | +11.26% |
| Q3 2014 | 2014-09-30 | $265.2M | −$27.1M | −9.26% | +20.41% |
| Q2 2014 | 2014-06-30 | $207.4M | $35.0M | +20.28% | +16.48% |
| Q1 2014 | 2014-03-31 | $11.7M | −$29.4M | −71.56% | +0.94% |
| Q4 2013 | 2013-12-31 | $192.0M | $51.1M | +36.22% | +15.00% |
| Q3 2013 | 2013-09-30 | $292.2M | $168.0M | +135.30% | +24.52% |
| Q2 2013 | 2013-06-30 | $172.4M | $13.3M | +8.34% | +16.71% |
| Q1 2013 | 2013-03-31 | $41.1M | $118.4M | — | +5.01% |
| Q4 2012 | 2012-12-31 | $141.0M | $107.4M | +319.66% | +17.45% |
| Q3 2012 | 2012-09-30 | $124.2M | −$20.2M | −14.00% | +16.22% |
| Q2 2012 | 2012-06-30 | $159.2M | $63.9M | +67.15% | +22.96% |
| Q1 2012 | 2012-03-31 | −$77.3M | −$55.3M | — | −10.54% |
| Q4 2011 | 2011-12-31 | $33.6M | — | — | +4.90% |
| Q3 2011 | 2011-09-30 | $144.4M | — | — | +21.36% |
| Q2 2011 | 2011-06-30 | $95.2M | — | — | +14.71% |
| Q1 2011 | 2011-03-31 | −$22.0M | — | — | −3.55% |
Markel Group free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.64B to $2.55B, a compound annual growth rate of 9.32%. Markel Group's latest reported quarter, Q2 2026, generated $384.5M in free cash flow, a decrease of 15.25% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Markel Group filings at SEC.gov ↗