Markel Group Inc. (MKL)

Markel Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	16,068	14,373	11,857	12,587	10,682	9,971
Investments in Equity & Preferred Securities	12,441	10,184	8,166	9,484	7,372	7,591
Other Investments	2,356	2,571	2,669	1,800	2,034	1,196
Total Investments	30,865	27,128	22,692	23,871	20,088	18,758
Cash & Equivalents	3,873	3,747	4,137	3,978	4,342	3,073
Reinsurance Recoverable	10,746	9,236	8,447	7,294	5,989	5,433
Other Receivables	3,909	3,456	2,971	2,433	1,956	1,854
Deferred Policy Acquisition Cost	967.67	931.34	925.48	794.15	630.79	566.04
Property, Plant & Equipment	-	1,300	1,200	1,100	632	588.6
Goodwill	2,740	2,625	2,639	2,899	2,605	2,309
Other Intangible Assets	1,508	1,589	1,747	1,822	1,783	1,738
Restricted Cash	753.48	584.97	1,084	902.46	874.91	427.55
Other Current Assets	3,413	2,982	2,706	2,328	1,864	1,719
Long-Term Deferred Tax Assets	-	23.5	37.2	18.4	3.9	22.3
Other Long-Term Assets	3,508	1,444	1,205	1,037	941.32	985.82
Total Assets	62,283	55,046	49,791	48,477	41,710	37,474
Insurance & Annuity Liabilities	26,501	24,132	21,599	19,082	17,292	15,714
Unearned Premiums	7,887	6,642	6,221	5,384	4,433	4,058
Reinsurance Payable	1,449	1,038	669.74	616.67	493.47	406.72
Current Portion of Leases	-	125.85	-	-	-	-
Current Income Taxes Payable	-	29.4	2.2	31.3	17.2	64.1
Long-Term Debt	4,356	3,780	4,104	4,361	3,484	3,534
Long-Term Leases	-	531.37	554.39	571.34	565.25	-
Long-Term Deferred Tax Liabilities	-	1,200	896.7	1,400	990.1	883
Other Long-Term Liabilities	4,427	2,041	2,008	1,829	1,374	1,558
Total Liabilities	44,620	39,520	36,054	33,276	28,650	26,218
Preferred Stock, Redeemable	591.89	591.89	591.89	591.89	591.89	-
Common Stock	3,553	3,517	3,494	3,441	3,428	3,405
Retained Earnings	13,063	11,353	9,833	10,447	8,195	7,457
Comprehensive Income & Other	-193.86	-478.21	-767.49	237.62	584.38	208.77
Total Common Equity	16,422	14,392	12,559	14,125	12,208	11,071
Minority Interest	648.59	541.97	585.95	484.24	260.53	185.11
Shareholders' Equity	17,663	15,526	13,737	15,202	13,060	11,256
Total Liabilities & Equity	62,283	55,046	49,791	48,477	41,710	37,474
Filing Date Shares Outstanding	12.86	13.11	13.41	13.61	13.78	13.78
Total Common Shares Outstanding	12.89	13.13	13.42	13.63	13.78	13.79
Total Debt	4,356	4,437	4,658	4,933	4,049	3,534
Net Cash (Debt)	-483.01	-689.95	-520.59	-954.11	292.46	-461.38
Net Cash Per Share	-36.77	-51.57	-38.34	-69.14	21.16	-33.24
Book Value Per Share	1274.34	1095.95	935.65	1036.20	885.72	802.58
Tangible Book Value	12,175	10,179	8,173	9,404	7,821	7,024
Tangible Book Value Per Share	944.75	775.10	608.87	689.84	567.41	509.19

Source: S&P Capital IQ. Insurance template. Financial Sources.