Markel Group Inc. (BMV:MKL)

Accolade Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	8,459	8,432	8,295	7,588	6,503	5,612
Total Interest & Dividend Income	946.27	920.5	734.53	446.76	367.42	375.83
Gain (Loss) on Sale of Investments	1,466	1,807	1,524	-1,596	1,979	617.98
Other Revenue	5,583	5,461	5,250	5,237	3,997	3,129
Total Revenue	16,454	16,621	15,804	11,675	12,846	9,735
Revenue Growth (YoY)	1.65%	5.17%	35.36%	-9.12%	31.96%	2.19%
Policy Benefits	5,075	5,053	5,322	4,446	3,581	3,467
Policy Acquisition & Underwriting Costs	3,050	2,977	2,841	2,516	2,294	2,018
Amortization of Goodwill & Intangibles	191.11	181.47	180.61	178.78	160.54	159.32
Other Operating Expenses	4,781	4,697	4,531	4,549	3,569	2,817
Total Operating Expenses	13,097	12,908	12,875	11,689	9,605	8,461
Operating Income	3,357	3,713	2,929	-13.34	3,242	1,274
Interest Expense	-211.37	-204.3	-185.08	-196.06	-183.58	-177.58
Currency Exchange Gain (Loss)	-195.32	129.44	-90.05	137.83	71.9	-95.85
EBT Excluding Unusual Items	2,950	3,638	2,654	-71.57	3,130	1,000
Impairment of Goodwill	-	-	-	-80	-	-
Pretax Income	2,950	3,638	2,654	-151.57	3,130	1,000
Income Tax Expense	635.07	790.29	552.62	-48.21	683.96	168.68
Earnings From Continuing Ops.	2,315	2,847	2,101	-103.36	2,446	831.77
Minority Interest in Earnings	-81.91	-100.38	-105.03	-112.92	-22.73	-15.74
Net Income	2,233	2,747	1,996	-216.28	2,423	816.03
Preferred Dividends & Other Adjustments	82.47	147.7	29.79	105.9	-10.87	47.11
Net Income to Common	2,151	2,599	1,966	-322.17	2,434	768.93
Net Income Growth	6.09%	37.62%	-	-	196.94%	-54.42%
Shares Outstanding (Basic)	13	13	13	14	14	14
Shares Outstanding (Diluted)	13	13	13	14	14	14
Shares Change (YoY)	-2.60%	-2.52%	-1.49%	-1.59%	-0.17%	-0.42%
EPS (Basic)	167.43	199.69	147.32	-23.72	176.79	55.67
EPS (Diluted)	167.05	199.32	146.98	-23.72	176.38	55.63
EPS Growth	8.84%	35.61%	-	-	217.06%	-56.90%
Free Cash Flow	2,048	2,339	2,528	2,455	2,129	1,636
Free Cash Flow Per Share	159.10	179.36	188.98	180.76	154.26	118.37
Operating Margin	20.40%	22.34%	18.53%	-0.11%	25.23%	13.09%
Profit Margin	13.07%	15.64%	12.44%	-2.76%	18.95%	7.90%
Free Cash Flow Margin	12.45%	14.07%	16.00%	21.02%	16.57%	16.81%
EBITDA	3,713	4,055	3,249	296.11	3,578	1,581
EBITDA Margin	22.57%	24.40%	20.56%	2.54%	27.85%	16.24%
D&A For EBITDA	356.77	342.36	319.73	309.45	336.39	307.07
EBIT	3,357	3,713	2,929	-13.34	3,242	1,274
EBIT Margin	20.40%	22.34%	18.53%	-0.11%	25.23%	13.09%
Effective Tax Rate	21.53%	21.73%	20.82%	-	21.85%	16.86%
Revenue as Reported	16,454	16,621	15,804	11,675	12,846	9,735

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.