Markel Group Inc. Website

Markel Group Inc.

NYSE-MKL

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Premiums and Annuity Revenues

5,049.8

5,612.2

6,503

7,587.8

8,295.5

8,501.4

Total Interest And Dividend Income

447.5

375.8

367.4

446.8

734.5

846.8

Gain (Loss) on Sale of Investments, Total

1,601.7

618

1,978.5

-1,595.7

1,524.1

1,439.2

Other Revenues, Total

2,427.2

3,129.1

3,997.4

5,236.5

5,249.6

5,398.8

Total Revenues

9,526.2

9,735.1

12,846.4

11,675.3

15,803.6

16,186.2

Total Revenues % Chg.

39.2%

2.2%

32%

-9.1%

35.4%

7.5%

Policy Benefits

2,891.2

3,467

3,581.2

4,445.6

5,322

5,481.4

Policy Acquisition / Underwriting Costs, Total

1,878.1

2,017.6

2,293.7

2,515.6

2,840.7

2,916.2

Amortization of Goodwill and Intangible Assets

148.6

159.3

160.5

178.8

180.6

180.3

Other Operating Expenses

2,130.9

2,817.3

3,569.4

4,548.7

4,531.4

4,657.6

Total Operating Expenses

7,048.8

8,461.2

9,604.9

11,688.7

12,874.8

13,235.6

Operating Income

2,477.3

1,273.9

3,241.5

-13.3

2,928.8

2,950.6

Interest Expense, Total

-171.7

-177.6

-183.6

-196.1

-185.1

-186.6

Currency Exchange Gains (Loss)

—

—

-2.3

-95.9

71.9

137.8

-90

18.1

EBT, Excl. Unusual Items

2,303.4

1,000.4

3,129.8

-71.6

2,653.7

2,782.1

Impairment of Goodwill

—

—

—

—

-80

—

—

Asset Writedown

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

-17.6

—

—

—

—

—

EBT, Incl. Unusual Items

2,285.8

1,000.4

3,129.8

-151.6

2,653.7

2,782.1

Income Tax Expense

486.3

168.7

684

-48.2

552.6

595.7

Earnings From Continuing Operations

1,799.5

831.8

2,445.9

-103.4

2,101.1

2,186.4

Minority Interest

-9

-15.7

-22.7

-112.9

-105

-81.6

Net Income

1,790.5

816

2,423.1

-216.3

1,996.1

2,104.8

Preferred Dividend and Other Adjustments

-1.1

47.1

-10.9

105.9

29.8

76.2

Net Income to Common Incl Extra Items

1,791.6

768.9

2,434

-322.2

1,966.3

2,028.6

Net Income to Common Excl. Extra Items

1,791.6

768.9

2,434

-322.2

1,966.3

2,028.6

Total Shares Outstanding

13.8

13.8

13.6

13.4

13.1

13

Weighted Avg. Shares Outstanding

13.9

13.8

13.8

13.6

13.3

13.2

Weighted Avg. Shares Outstanding Dil

13.9

13.8

13.8

13.6

13.4

13.2

EPS

129.3

55.7

176.8

-23.7

147.3

153.8

EPS Diluted

129.1

55.6

176.4

-23.7

147

153.5

EBITDA

2,746.6

1,581

3,577.9

353.6

3,188.8

3,214.8

Effective Tax Rate

21.3%

16.9%

21.9%

31.8%

20.8%

21.4%