MARKEL GROUP INC.
MKL · Fire, Marine & Casualty Insurance · 12.5M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $445M (gross $445M)
Reference price $1,846.12 · est. market cap ~$23.1B — last insider sale, 2026-05-22 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74Markel Group — specialty insurer plus Ventures, a mini-conglomerate.
Strengths
- Operating margin 21% (78th pct), interest coverage 15.5x (90th)
- Strong cash (97th); diversified Ventures earnings
Risks
- Net income down 23% (9th pct) on investment marks
- Insurance-cycle and reserve exposure
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $4.0B cash & investments
- Insider buyingInsider buying — 3 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$371,066, last 6mo) Form 4 ↗
- Revenue declineRevenue -11.4% YoY
- Insider sellingInsider selling — 4 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$348,344, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
20.6%
Net margin
13.6%
Return on equity
11.3%
Return on assets
3.1%
ROIC
11.0%
Revenue growth (QoQ)
-11.4%
Net-income growth
-23.3%
Debt / equity
0.2×
Net debt / EBITDA
0.1×
Interest coverage
15.5×
Free cash flow
$2.6B
EBITDA
$3.5B
Tangible book value
$14.2B
Cash & investments
$4.0B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Puckett A. Lynne | Other | 66 | $1,668.65 |
| 2026-06-15 | Housel Morgan E. | Other | 66 | $1,668.65 |
| 2026-06-15 | Morrison Harold Lawrence Jr. | Other | 33 | $1,668.65 |
| 2026-06-15 | OREILLY MICHAEL | Other | 90 | $1,668.65 |
| 2026-06-15 | MICHAEL JONATHAN E | Other | 66 | $1,668.65 |
| 2026-06-15 | Cunningham Lawrence A | Other | 33 | $1,668.65 |
| 2026-06-15 | Besca Mark | Other | 81 | $1,668.65 |
| 2026-06-15 | Leopold Diane | Other | 66 | $1,668.65 |
| 2026-05-22 | Harris Greta J | Sell | 35 | $1,846.12 |
| 2026-05-22 | Harris Greta J | Sell | 27 | $1,848.83 |
| 2026-05-22 | Harris Greta J | Sell | 14 | $1,847.36 |
| 2026-05-20 | Harris Greta J | Grant | 89 | — |
| 2026-05-20 | Besca Mark | Grant | 89 | — |
| 2026-05-20 | Cunningham Lawrence A | Grant | 89 | — |
| 2026-05-20 | Leopold Diane | Grant | 89 | — |
| 2026-05-20 | Puckett A. Lynne | Grant | 89 | — |
| 2026-05-20 | Morrison Harold Lawrence Jr. | Grant | 89 | — |
| 2026-05-20 | OREILLY MICHAEL | Grant | 89 | — |
| 2026-05-20 | MICHAEL JONATHAN E | Grant | 89 | — |
| 2026-05-20 | Housel Morgan E. | Grant | 89 | — |
| 2026-05-15 | Crowley Andrew G. | Tax withheld | 75 | $1,844.00 |
| 2026-05-15 | Crowley Andrew G. | Other | 60 | $1,659.60 |
| 2026-05-15 | Costanzo Brian J. | Tax withheld | 13 | $1,844.00 |
| 2026-05-15 | Costanzo Brian J. | Other | 30 | $1,659.60 |
| 2026-05-15 | Grinnan Richard Randolph | Tax withheld | 116 | $1,844.00 |
| 2026-05-15 | GAYNER THOMAS SINNICKSON | Tax withheld | 482 | $1,844.00 |
| 2026-05-07 | Leopold Diane | Buy | 50 | $1,789.19 |
| 2026-05-06 | Leopold Diane | Buy | 100 | $1,792.61 |
| 2026-05-01 | Puckett A. Lynne | Buy | 57 | $1,795.53 |
| 2026-03-31 | Crowley Andrew G. | Other | 9 | $1,626.96 |
| 2026-03-31 | Costanzo Brian J. | Other | 2 | $1,626.96 |
| 2026-02-26 | Wilson Simon | Sell | 100 | $2,079.48 |
| 2026-02-24 | Grandis Meade P. | Grant | 70 | — |
| 2026-02-24 | Wilson Simon | Grant | 868 | — |
| 2026-02-24 | Crowley Andrew G. | Grant | 830 | — |
| 2026-02-24 | Costanzo Brian J. | Grant | 655 | — |
| 2026-02-24 | Grinnan Richard Randolph | Grant | 801 | — |
| 2026-02-24 | GAYNER THOMAS SINNICKSON | Grant | 4.5K | — |
| 2026-02-17 | Wilson Simon | Tax withheld | 47 | $2,084.46 |
| 2025-12-31 | Costanzo Brian J. | Other | 2 | $1,602.62 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 10 | $2,123.05 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 64 | $2,100.00 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 50 | $2,103.55 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 70 | $2,108.27 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 40 | $2,112.03 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 120 | $2,114.99 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 100 | $2,116.18 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 201 | $2,117.37 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 24 | $2,118.37 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 51 | $2,120.65 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 173 | $2,121.69 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 32 | $2,125.00 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 75 | $2,126.00 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 190 | $2,127.26 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 10 | $2,128.00 |
| 2025-12-11 | MARKEL STEVEN A | Sell | 120 | $2,129.98 |
| 2025-12-02 | Heaton Michael R | Tax withheld | 217 | $2,060.83 |
| 2025-12-02 | Crowley Andrew G. | Tax withheld | 65 | $2,060.83 |
| 2025-12-02 | Costanzo Brian J. | Tax withheld | 22 | $2,060.83 |
| 2025-12-02 | Wilson Simon | Tax withheld | 94 | $2,060.83 |
| 2025-12-02 | Grinnan Richard Randolph | Tax withheld | 138 | $2,060.83 |
| 2025-12-02 | GAYNER THOMAS SINNICKSON | Tax withheld | 37 | $2,060.83 |
| 2025-11-28 | MARKEL STEVEN A | Sell | 100 | $2,100.00 |
| 2025-11-26 | MARKEL STEVEN A | Sell | 70 | $2,100.00 |
| 2025-11-25 | Wilson Simon | Sell | 75 | $2,072.94 |
| 2025-11-17 | MARKEL STEVEN A | Gift | 500 | — |
| 2025-09-30 | Costanzo Brian J. | Other | 2 | $1,624.66 |
| 2025-08-25 | Grandis Meade P. | Sell | 75 | $1,983.78 |
| 2025-07-15 | Crowley Andrew G. | Other | 6 | $1,779.25 |
| 2025-06-30 | Costanzo Brian J. | Other | 2 | $1,580.87 |
| 2025-06-13 | MICHAEL JONATHAN E | Other | 63 | $1,735.89 |
| 2025-06-13 | Morrison Harold Lawrence Jr. | Other | 32 | $1,735.89 |
| 2025-06-13 | Cunningham Lawrence A | Other | 63 | $1,735.89 |
| 2025-06-13 | Housel Morgan E. | Other | 63 | $1,735.89 |
| 2025-06-13 | Leopold Diane | Other | 63 | $1,735.89 |
| 2025-06-13 | Puckett A. Lynne | Other | 63 | $1,735.89 |
| 2025-06-13 | OREILLY MICHAEL | Other | 81 | $1,735.89 |
| 2025-06-13 | Crowley Andrew G. | Other | 9 | $1,735.89 |
| 2025-05-23 | Harris Greta J | Sell | 90 | $1,861.44 |
| 2025-05-22 | Cunningham Lawrence A | Buy | 10 | $1,854.80 |
| 2025-05-22 | Cunningham Lawrence A | Buy | 15 | $1,849.00 |
| 2025-05-21 | Morrison Harold Lawrence Jr. | Grant | 88 | — |
| 2025-05-21 | Harris Greta J | Grant | 88 | — |
| 2025-05-21 | Besca Mark | Grant | 88 | — |
| 2025-05-21 | Housel Morgan E. | Grant | 88 | — |
| 2025-05-21 | Leopold Diane | Grant | 88 | — |
| 2025-05-21 | OREILLY MICHAEL | Grant | 88 | — |
| 2025-05-21 | Puckett A. Lynne | Grant | 88 | — |
| 2025-05-21 | MICHAEL JONATHAN E | Grant | 88 | — |
| 2025-05-21 | Cunningham Lawrence A | Grant | 88 | — |
| 2025-05-19 | MARKEL STEVEN A | Gift | 300 | — |
| 2025-05-19 | Grandis Meade P. | Sell | 400 | $1,911.65 |
| 2025-05-15 | Heaton Michael R | Other | 88 | $1,710.30 |
| 2025-05-15 | Wilson Simon | Other | 0 | $1,710.30 |
| 2025-05-15 | Crowley Andrew G. | Other | 3 | $1,710.30 |
| 2025-05-05 | Grandis Meade P. | Sell | 400 | $1,877.44 |
| 2025-04-15 | Wilson Simon | Other | 0 | $1,602.95 |
| 2025-04-15 | MICHAEL JONATHAN E | Other | 11 | $1,602.95 |
| 2025-04-15 | Crowley Andrew G. | Other | 9 | $1,602.95 |
| 2025-03-31 | Costanzo Brian J. | Other | 2 | $1,459.76 |
| 2025-03-31 | Crowley Andrew G. | Other | 15 | $1,459.76 |
| 2025-03-15 | MICHAEL JONATHAN E | Grant | 15 | — |
| 2025-02-26 | MARKEL STEVEN A | Sell | 70 | $1,860.41 |
| 2025-02-26 | MARKEL STEVEN A | Sell | 18 | $1,858.56 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 111 | $1,888.11 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 24 | $1,852.28 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 20 | $1,853.78 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 63 | $1,855.27 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 63 | $1,856.56 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 28 | $1,857.92 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 40 | $1,861.38 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 25 | $1,862.62 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 72 | $1,864.28 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 10 | $1,864.92 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 22 | $1,868.37 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 10 | $1,869.99 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 5 | $1,871.15 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 30 | $1,873.06 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 37 | $1,874.12 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 72 | $1,876.06 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 40 | $1,877.18 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 20 | $1,878.07 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 43 | $1,882.64 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 10 | $1,883.67 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 75 | $1,885.52 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 50 | $1,887.10 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 44 | $1,888.82 |
| 2025-02-25 | MARKEL STEVEN A | Sell | 52 | $1,890.27 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 85 | $1,850.13 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 66 | $1,853.97 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 99 | $1,855.10 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 36 | $1,856.40 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 177 | $1,858.33 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 138 | $1,859.49 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 224 | $1,860.72 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 118 | $1,861.71 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 97 | $1,862.72 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 54 | $1,863.83 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 7 | $1,864.76 |
| 2025-02-24 | MARKEL STEVEN A | Sell | 45 | $1,851.46 |
| 2025-02-24 | MARKEL ANTHONY F | Gift | 840 | — |
| 2025-02-21 | MARKEL STEVEN A | Sell | 91 | $1,854.45 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 130 | $1,856.46 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 40 | $1,857.67 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 90 | $1,858.96 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 20 | $1,865.02 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 30 | $1,863.76 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 10 | $1,862.42 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 90 | $1,861.37 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 60 | $1,860.03 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 55 | $1,850.27 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 65 | $1,851.55 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 57 | $1,853.11 |
| 2025-02-21 | MARKEL STEVEN A | Sell | 62 | $1,855.27 |
| 2025-02-18 | Noble Jeremy Andrew | Grant | 1.0K | — |
| 2025-02-18 | Grinnan Richard Randolph | Grant | 601 | — |
| 2025-02-18 | Grandis Meade P. | Grant | 51 | — |
| 2025-02-18 | Crowley Andrew G. | Grant | 518 | — |
| 2025-02-18 | Costanzo Brian J. | Grant | 379 | — |
| 2025-02-18 | GAYNER THOMAS SINNICKSON | Grant | 3.3K | — |
| 2025-02-18 | Heaton Michael R | Grant | 1.0K | — |
| 2025-02-07 | GAYNER THOMAS SINNICKSON | Buy | 100 | $2,008.01 |
| 2025-01-15 | Noble Jeremy Andrew | Other | 1 | $1,571.67 |
| 2025-01-15 | Crowley Andrew G. | Other | 6 | $1,571.67 |
| 2024-12-31 | Noble Jeremy Andrew | Other | 3 | $1,336.81 |
| 2024-12-31 | Costanzo Brian J. | Other | 2 | $1,336.81 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-22 | 2026-05-20 | 0001096343-26-000050 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0001096343-26-000046 ↗ |
| 10-Q | 2026-04-28 | 2026-03-31 | 0001096343-26-000041 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001096343-26-000020 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001096343-26-000021 ↗ |
| 8-K | 2026-02-26 | 2026-02-21 | 0001096343-26-000018 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001096343-26-000008 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001096343-25-000154 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0001096343-25-000153 ↗ |
| 10-Q | 2025-07-30 | 2025-06-30 | 0001096343-25-000123 ↗ |
| 8-K | 2025-06-04 | 2025-06-04 | 0001096343-25-000093 ↗ |
| 8-K/A | 2025-05-27 | 2025-03-14 | 0001096343-25-000086 ↗ |