Markel Group annual net debt
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2025
Markel Group Net Debt Growth & History (MKL)
Markel Group's net debt was $1.05B for fiscal 2025.
View full Markel Group company overviewMarkel Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.05B | −$312.5M | −22.95% |
| 2024 | 2024-12-31 | $1.36B | $671.6M | +97.35% |
| 2023 | 2023-12-31 | $690.0M | $169.4M | +32.53% |
| 2022 | 2022-12-31 | $520.6M | −$433.5M | −45.44% |
| 2021 | 2021-12-31 | $954.1M | $1.81B | — |
| 2020 | 2020-12-31 | −$857.7M | −$1.58B | — |
| 2019 | 2019-12-31 | $723.5M | −$271.9M | −27.31% |
| 2018 | 2018-12-31 | $995.4M | $94.6M | +10.51% |
| 2017 | 2017-12-31 | $900.8M | $65.0M | +7.78% |
| 2016 | 2016-12-31 | $835.8M | $1.23B | — |
| 2015 | 2015-12-31 | −$390.7M | −$684.2M | — |
| 2014 | 2014-12-31 | $293.4M | $15.7M | +5.66% |
| 2013 | 2013-12-31 | $277.7M | −$351.1M | −55.84% |
| 2012 | 2012-12-31 | $628.8M | $38.5M | +6.53% |
| 2011 | 2011-12-31 | $590.3M | $264.6M | +81.25% |
| 2010 | 2010-12-31 | $325.7M | $212.5M | +187.81% |
| 2009 | 2009-12-31 | $113.2M | — | — |
Markel Group quarterly net debt
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q2.12
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $944.5M | $300.5M | +46.66% |
| Q1 2026 | 2026-03-31 | $702.4M | $505.5M | +256.70% |
| Q4 2025 | 2025-12-31 | $1.05B | −$312.5M | −22.95% |
| Q3 2025 | 2025-09-30 | $235.6M | −$247.4M | −51.23% |
| Q2 2025 | 2025-06-30 | $644.0M | −$245.3M | −27.58% |
| Q1 2025 | 2025-03-31 | $196.9M | −$31.4M | −13.77% |
| Q4 2024 | 2024-12-31 | $1.36B | $671.6M | +97.35% |
| Q3 2024 | 2024-09-30 | $483.0M | $1.07B | — |
| Q2 2024 | 2024-06-30 | $889.3M | $1.38B | — |
| Q1 2024 | 2024-03-31 | $228.4M | $363.5M | — |
| Q4 2023 | 2023-12-31 | $690.0M | $169.4M | +32.53% |
| Q3 2023 | 2023-09-30 | −$585.6M | −$1.18B | — |
| Q2 2023 | 2023-06-30 | −$492.0M | −$1.30B | — |
| Q1 2023 | 2023-03-31 | −$135.2M | −$672.8M | — |
| Q4 2022 | 2022-12-31 | $520.6M | −$433.5M | −45.44% |
| Q3 2022 | 2022-09-30 | $590.5M | $260.8M | +79.11% |
| Q2 2022 | 2022-06-30 | $803.4M | $322.6M | +67.11% |
| Q1 2022 | 2022-03-31 | $537.6M | $855.0M | — |
| Q4 2021 | 2021-12-31 | $954.1M | $1.81B | — |
| Q3 2021 | 2021-09-30 | $329.7M | $1.42B | — |
| Q2 2021 | 2021-06-30 | $480.7M | $1.71B | — |
| Q1 2021 | 2021-03-31 | −$317.4M | −$76.7M | — |
| Q4 2020 | 2020-12-31 | −$857.7M | −$1.58B | — |
| Q3 2020 | 2020-09-30 | −$1.09B | −$2.53B | — |
| Q2 2020 | 2020-06-30 | −$1.23B | −$2.89B | — |
| Q1 2020 | 2020-03-31 | −$240.7M | −$1.16B | — |
| Q4 2019 | 2019-12-31 | $723.5M | −$271.9M | −27.31% |
| Q3 2019 | 2019-09-30 | $1.44B | $789.4M | +122.16% |
| Q2 2019 | 2019-06-30 | $1.67B | $587.7M | +54.47% |
| Q1 2019 | 2019-03-31 | $915.5M | −$83.6M | −8.37% |
| Q4 2018 | 2018-12-31 | $995.4M | $94.6M | +10.51% |
| Q3 2018 | 2018-09-30 | $646.2M | $251.1M | +63.53% |
| Q2 2018 | 2018-06-30 | $1.08B | $908.5M | +532.96% |
| Q1 2018 | 2018-03-31 | $999.1M | $270.3M | +37.08% |
| Q4 2017 | 2017-12-31 | $900.8M | $65.0M | +7.78% |
| Q3 2017 | 2017-09-30 | $395.2M | −$37.8M | −8.73% |
| Q2 2017 | 2017-06-30 | $170.5M | −$424.0M | −71.33% |
| Q1 2017 | 2017-03-31 | $728.9M | $713.3M | +4574.94% |
| Q4 2016 | 2016-12-31 | $835.8M | $1.23B | — |
| Q3 2016 | 2016-09-30 | $433.0M | $453.6M | — |
| Q2 2016 | 2016-06-30 | $594.5M | $200.6M | +50.91% |
| Q1 2016 | 2016-03-31 | $15.6M | −$275.9M | −94.65% |
| Q4 2015 | 2015-12-31 | −$390.7M | −$684.2M | — |
| Q3 2015 | 2015-09-30 | −$20.7M | −$528.9M | — |
| Q2 2015 | 2015-06-30 | $393.9M | $79.5M | +25.30% |
| Q1 2015 | 2015-03-31 | $291.5M | $187.1M | +179.17% |
| Q4 2014 | 2014-12-31 | $293.4M | $15.7M | +5.66% |
| Q3 2014 | 2014-09-30 | $508.2M | $373.0M | +276.01% |
| Q2 2014 | 2014-06-30 | $314.4M | −$232.8M | −42.55% |
| Q1 2014 | 2014-03-31 | $104.4M | −$825.9M | −88.78% |
| Q4 2013 | 2013-12-31 | $277.7M | −$351.1M | −55.84% |
| Q3 2013 | 2013-09-30 | $135.2M | −$635.7M | −82.47% |
| Q2 2013 | 2013-06-30 | $547.2M | −$37.8M | −6.46% |
| Q1 2013 | 2013-03-31 | $930.3M | $316.5M | +51.57% |
| Q4 2012 | 2012-12-31 | $628.8M | $38.5M | +6.53% |
| Q3 2012 | 2012-09-30 | $770.8M | $419.2M | +119.22% |
| Q2 2012 | 2012-06-30 | $585.0M | $84.5M | +16.88% |
| Q1 2012 | 2012-03-31 | $613.8M | $236.0M | +62.48% |
| Q4 2011 | 2011-12-31 | $590.3M | $264.6M | +81.25% |
| Q3 2011 | 2011-09-30 | $351.6M | $172.9M | +96.75% |
| Q2 2011 | 2011-06-30 | $500.5M | $183.6M | +57.93% |
| Q1 2011 | 2011-03-31 | $377.8M | — | — |
| Q4 2010 | 2010-12-31 | $325.7M | $212.5M | +187.81% |
| Q3 2010 | 2010-09-30 | $178.7M | — | — |
| Q2 2010 | 2010-06-30 | $316.9M | — | — |
| Q4 2009 | 2009-12-31 | $113.2M | — | — |
Markel Group net debt trends
Over the last five fiscal years, Markel Group's net debt increased from −$857.7M to $1.05B, a change of $1.91B. The latest reported quarter, Q2 2026, shows $944.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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