Markel Group (Markel Group) Debt-to-Equity

: 0.25 (As of Dec. 2023)

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Markel Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Markel Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,780 Mil. Markel Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14,984 Mil. Markel Group's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Markel Group's Debt-to-Equity or its related term are showing as below:

MKL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.3 Max: 0.33
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Markel Group was 0.33. The lowest was 0.25. And the median was 0.30.

MKL's Debt-to-Equity is ranked worse than
50.39% of 383 companies
in the Insurance industry
Industry Median: 0.24 vs MKL: 0.25

Markel Group Debt-to-Equity Historical Data

The historical data trend for Markel Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Markel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.32

0.27

0.30

0.31

0.25

Markel Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.31	0.28	0.27	0.27	0.25

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Markel Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Markel Group Debt-to-Equity Distribution

For the Insurance industry and Financial Services sector, Markel Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Markel Group's Debt-to-Equity falls into.

Markel Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Markel Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3779.796)	/	14983.928
	=	0.25

Markel Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3779.796)	/	14983.928
	=	0.25

Markel Group (NYSE:MKL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Markel Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Markel Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Markel Group (Markel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (NYSE:MKL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MKV:Germany MKV:Germany MKLC34:Brazil

Address

4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148

Website

https://www.markel.com

Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

Executives

Lawrence A Cunningham	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Mark Besca	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
A. Lynne Puckett	director	C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Sinnickson Gayner	officer: Pres. & Chief Investment Off.	C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Steven A Markel	director, officer: Vice Chairman
Greta J Harris	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Morgan E. Housel	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Teresa S Gendron	officer: Chief Financial Officer	520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022
Diane Leopold	director	120 TREDEGAR STREET, RICHMOND VA 23219
Anthony F Markel	director, officer: Vice Chairman	4551 COX RD, GLEN ALLEN VA 23060
Andrew G. Crowley	officer: President, Markel Ventures	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Whitt Richard R Iii	officer: President & Co-COO	C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brian J. Costanzo	officer: CAO and Controller	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Stewart M Kasen	director	5818 EL CAMINO REAL, CARLSBAD CA 92008
Susan L. Davies	officer: CHRO, Markel Insurance	MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060