Markel Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.51B | $14.81B | $14.28B | $11.68B | $12.85B | $9.74B | $9.53B | $6.84B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $3.19B | $3.71B | $2.93B | $-93.3M | $3.24B | $1.27B | $2.48B | $39.8M |
| Operating Margin | 20.6% | 25.1% | 20.5% | -0.8% | 25.2% | 13.1% | 26.0% | 0.6% |
| Interest Expense | $205.9M | $204.3M | $185.1M | $196.1M | $183.6M | $177.6M | $171.7M | $154.2M |
| Pretax Income | $2.73B | $3.64B | $2.65B | $-151.6M | $3.13B | $1.00B | $2.29B | $-7.9M |
| Income Tax Expense | $580.3M | $790.3M | $552.6M | $-48.2M | $684.0M | $168.7M | $486.3M | $122.5M |
| Net Income | $2.11B | $2.75B | $2.00B | $-216.3M | $2.42B | $816.0M | $1.79B | $-128.2M |
| Net Margin | 13.6% | 18.5% | 14.0% | -1.9% | 18.9% | 8.4% | 18.8% | -1.9% |
| EPS (Basic) | $169.74 | $199.69 | $147.32 | $-23.72 | $176.79 | $55.67 | $129.25 | $-9.55 |
| EPS (Diluted) | $169.22 | $199.32 | $146.98 | $-23.72 | $176.38 | $55.63 | $129.07 | $-9.55 |
| Shares Outstanding (Basic) | 12.6M | 13.0M | 13.3M | 13.6M | 13.8M | 13.8M | 13.9M | 13.9M |
| Shares Outstanding (Diluted) | 12.6M | 13.0M | 13.4M | 13.6M | 13.8M | 13.8M | 13.9M | 13.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |