Markel Group annual return on equity
2009
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2021
2022
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2024
2025
Markel Group Return on Equity (ROE) Growth & History (MKL)
Markel Group's return on equity was 11.87% for fiscal 2025.
View full Markel Group company overviewMarkel Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.87% | −5.36 pp |
| 2024 | 2024-12-31 | 17.22% | +3.03 pp |
| 2023 | 2023-12-31 | 14.19% | +15.74 pp |
| 2022 | 2022-12-31 | −1.55% | −19.16 pp |
| 2021 | 2021-12-31 | 17.61% | +10.77 pp |
| 2020 | 2020-12-31 | 6.84% | −10.93 pp |
| 2019 | 2019-12-31 | 17.77% | +19.15 pp |
| 2018 | 2018-12-31 | −1.38% | −5.78 pp |
| 2017 | 2017-12-31 | 4.40% | −1.19 pp |
| 2016 | 2016-12-31 | 5.59% | −1.96 pp |
| 2015 | 2015-12-31 | 7.55% | +3.05 pp |
| 2014 | 2014-12-31 | 4.50% | −0.82 pp |
| 2013 | 2013-12-31 | 5.32% | −1.64 pp |
| 2012 | 2012-12-31 | 6.96% | +2.63 pp |
| 2011 | 2011-12-31 | 4.33% | −4.64 pp |
| 2010 | 2010-12-31 | 8.97% | +0.84 pp |
| 2009 | 2009-12-31 | 8.14% | — |
Markel Group quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.29% | +2.48 pp |
| Q1 2026 | 2026-03-31 | −1.16% | −1.87 pp |
| Q4 2025 | 2025-12-31 | 3.15% | −0.09 pp |
| Q3 2025 | 2025-09-30 | 4.25% | −1.26 pp |
| Q2 2025 | 2025-06-30 | 3.81% | +2.12 pp |
| Q1 2025 | 2025-03-31 | 0.71% | −5.96 pp |
| Q4 2024 | 2024-12-31 | 3.24% | −2.07 pp |
| Q3 2024 | 2024-09-30 | 5.51% | +5.21 pp |
| Q2 2024 | 2024-06-30 | 1.70% | −3.28 pp |
| Q1 2024 | 2024-03-31 | 6.68% | +3.04 pp |
| Q4 2023 | 2023-12-31 | 5.31% | −0.13 pp |
| Q3 2023 | 2023-09-30 | 0.30% | −0.17 pp |
| Q2 2023 | 2023-06-30 | 4.98% | +11.80 pp |
| Q1 2023 | 2023-03-31 | 3.63% | +3.99 pp |
| Q4 2022 | 2022-12-31 | 5.44% | −0.61 pp |
| Q3 2022 | 2022-09-30 | 0.48% | −0.87 pp |
| Q2 2022 | 2022-06-30 | −6.82% | −12.66 pp |
| Q1 2022 | 2022-03-31 | −0.36% | −4.78 pp |
| Q4 2021 | 2021-12-31 | 6.05% | −0.81 pp |
| Q3 2021 | 2021-09-30 | 1.34% | −2.54 pp |
| Q2 2021 | 2021-06-30 | 5.84% | −2.89 pp |
| Q1 2021 | 2021-03-31 | 4.42% | +17.94 pp |
| Q4 2020 | 2020-12-31 | 6.86% | +2.15 pp |
| Q3 2020 | 2020-09-30 | 3.89% | +1.93 pp |
| Q2 2020 | 2020-06-30 | 8.73% | +3.81 pp |
| Q1 2020 | 2020-03-31 | −13.52% | −19.63 pp |
| Q4 2019 | 2019-12-31 | 4.71% | +12.68 pp |
| Q3 2019 | 2019-09-30 | 1.96% | −2.29 pp |
| Q2 2019 | 2019-06-30 | 4.93% | +1.97 pp |
| Q1 2019 | 2019-03-31 | 6.11% | +6.79 pp |
| Q4 2018 | 2018-12-31 | −7.97% | −12.69 pp |
| Q3 2018 | 2018-09-30 | 4.25% | +7.15 pp |
| Q2 2018 | 2018-06-30 | 2.96% | +1.26 pp |
| Q1 2018 | 2018-03-31 | −0.68% | −1.50 pp |
| Q4 2017 | 2017-12-31 | 4.72% | +3.16 pp |
| Q3 2017 | 2017-09-30 | −2.90% | −3.89 pp |
| Q2 2017 | 2017-06-30 | 1.70% | +0.75 pp |
| Q1 2017 | 2017-03-31 | 0.82% | −1.18 pp |
| Q4 2016 | 2016-12-31 | 1.56% | −0.99 pp |
| Q3 2016 | 2016-09-30 | 0.99% | −0.34 pp |
| Q2 2016 | 2016-06-30 | 0.94% | −0.23 pp |
| Q1 2016 | 2016-03-31 | 2.00% | −0.47 pp |
| Q4 2015 | 2015-12-31 | 2.55% | +0.96 pp |
| Q3 2015 | 2015-09-30 | 1.33% | +0.27 pp |
| Q2 2015 | 2015-06-30 | 1.17% | +0.60 pp |
| Q1 2015 | 2015-03-31 | 2.47% | +1.18 pp |
| Q4 2014 | 2014-12-31 | 1.59% | +0.09 pp |
| Q3 2014 | 2014-09-30 | 1.06% | +0.03 pp |
| Q2 2014 | 2014-06-30 | 0.57% | +0.04 pp |
| Q1 2014 | 2014-03-31 | 1.29% | −0.92 pp |
| Q4 2013 | 2013-12-31 | 1.50% | +0.03 pp |
| Q3 2013 | 2013-09-30 | 1.03% | −0.30 pp |
| Q2 2013 | 2013-06-30 | 0.53% | −1.94 pp |
| Q1 2013 | 2013-03-31 | 2.21% | +0.57 pp |
| Q4 2012 | 2012-12-31 | 1.48% | −0.04 pp |
| Q3 2012 | 2012-09-30 | 1.33% | −0.31 pp |
| Q2 2012 | 2012-06-30 | 2.47% | +1.54 pp |
| Q1 2012 | 2012-03-31 | 1.64% | +1.38 pp |
| Q4 2011 | 2011-12-31 | 1.52% | −2.98 pp |
| Q3 2011 | 2011-09-30 | 1.64% | −0.50 pp |
| Q2 2011 | 2011-06-30 | 0.94% | +0.19 pp |
| Q1 2011 | 2011-03-31 | 0.26% | — |
| Q4 2010 | 2010-12-31 | 4.50% | — |
| Q3 2010 | 2010-09-30 | 2.14% | — |
| Q2 2010 | 2010-06-30 | 0.74% | — |
Markel Group return on equity trends
Over the last five fiscal years, Markel Group's return on equity increased from 6.84% to 11.87%, a change of +5.03 percentage points. The latest reported quarter, Q2 2026, shows 6.29%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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