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Markel GroupMEX:MKL 83 Pretax Margin % is 29.22% as of Jun. 2026, which is 109% above its 10-year median of 13.98. GuruFocus rates MEX:MKL with a GF Score™ of 83/100 and a GF Value™ of MXN36,708.30. The stock has 5 warning signs investors should review. Among 499 Insurance companies, Markel Group ranks better than 68.54% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Markel Group's Pre-Tax Income for the
three
months ended in Jun. 2026 was MXN26,493 Mil. Markel Group's Revenue for the
three
months ended in Jun. 2026 was MXN90,671 Mil. Therefore, Markel Group's pretax margin for the quarter that ended in Jun. 2026 was 29.22%.
The historical rank and industry rank for Markel Group's Pretax Margin % or its related term are showing as below:
MEX:MKL'
s Pretax Margin % Range Over the Past 10 Years
Min: -1.28 Med: 13.98 Max: 24.23
Current: 17.76
MEX:MKL's Pretax Margin % is ranked better than 68.54% of 499
companies
in the Insurance industry
Industry Median: 11.9
vs MEX:MKL: 17.76
Markel Group (MEX:MKL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Markel Group Pretax Margin % Related Terms
Markel Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Markel Group's Pretax Margin % 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.
MEX:MKL vs L, WRB, CINF: Pretax Margin % Comparison
For the Insurance - Property & Casualty subindustry, Markel Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Markel Group's Pretax Margin % falls into.
* 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.
Markel Group (MEX:MKL) has a Pretax Margin % of 29.22% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Markel Group and its competitors. This is 109% above median its historical median of 13.98. According to the industry distribution chart, Markel Group ranks #157 out of 499 companies in the Insurance industry, placing it in the top 31.5%.
Is Markel Group's Pretax Margin % too high?
Markel Group's current Pretax Margin % of 29.22% is 109% above median its 10-year median of 13.98. The Insurance industry median Pretax Margin % is 11.90. Markel Group's value of 29.22% is 145.5% above this industry median. Based on the distribution chart, Markel Group ranks #157 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Markel Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Markel Group's Pretax Margin % compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #157 out of 499 companies for Pretax Margin %. This puts Markel Group in the upper half of its industry. The industry median Pretax Margin % is 11.90. Markel Group's value of 29.22% is 145.5% above this benchmark. While the company's 10-year median is 13.98 vs. the industry median of 11.90, Markel Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 11.90, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Markel Group's current Pretax Margin % of 29.22% is 145.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Markel Group and its competitors. For the Insurance industry, the median Pretax Margin % is 11.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markel Group's current Pretax Margin % is 29.22%, which is 109% above median its own 10-year median of 13.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markel Group stock overvalued right now?
Markel Group (MEX:MKL) has a current Pretax Margin % of 29.22%. The stock's GF Value™ is MXN36,708.30, compared to a current price of MXN32,270.00 — trading 12.1% below its estimated fair value. The current Pretax Margin % is 29.22%, which is 109% above median its 10-year median of 13.98 and 145.5% above the Insurance industry median of 11.90. Markel Group's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Markel Group (MEX:MKL), the current Pretax Margin % is 29.22% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Markel Group (MEX:MKL) Overvalued in 2026?
Based on GuruFocus' analysis, Markel Group stock appears to be undervalued.
The current stock price of MXN32,270.00 is trading 12.1% below its estimated GF Value™ of MXN36,708.30.
Key valuation signals for MEX:MKL:
Pretax Margin %: 29.22% (109% above median its 10-year median of 13.98)
GF Value™: MXN36,708.30 vs. price of MXN32,270.00 (12.1% below fair value)
Industry Position: 145.5% above the Insurance median (#157 of 499)
No single metric tells the full story. See the MEX:MKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Markel's primary business is property and casualty insurance. 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 over 10% 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.
83GF Score
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