← MARKEL GROUP INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $1.7b | $2.2b | $2.0b | $3.1b | $4.3b | $4.0b | $4.1b | $3.7b | $3.7b | $4.0b | |
| Inventory, Net | — | — | — | $303.1m | $412.6m | $529.3m | $639.6m | $617.2m | $631.5m | $703.4m | |
| Property, Plant and Equipment, Net | $412.4m | $501.6m | $551.5m | $588.6m | $632.0m | $1.1b | $1.2b | $1.3b | $1.4b | $1.5b | |
| Goodwill | $1.1b | $1.8b | $2.2b | $2.3b | $2.6b | $2.9b | $2.6b | $2.6b | $2.7b | $2.8b | |
| Intangible Assets, Net (Excluding Goodwill) | $722.5m | $1.4b | $1.7b | $1.7b | $1.8b | $1.8b | $1.7b | $1.6b | $1.5b | $1.5b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $232.7m | — | — | $526.7m | $628.8m | $681.4m | $658.2m | |
| Additional Financial Items | |||||||||||
| Assets | $25.9b | $32.8b | $33.3b | $37.5b | $41.7b | $48.4b | $49.8b | $55.0b | $61.9b | $68.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Long-term Debt | — | — | — | — | $3.5b | $4.4b | $4.1b | $3.8b | $4.3b | $4.3b | |
| Deferred Tax Liabilities, Net | $330.5m | $505.6m | $446.0m | $860.7m | $986.1m | $1.4b | $836.8m | $1.2b | $1.5b | $1.8b | |
| Liabilities | $17.3b | $23.1b | $24.0b | $26.2b | $28.6b | $33.3b | $36.1b | $39.5b | $44.4b | $49.8b | |
| Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount | $73.7m | $166.3m | $174.1m | $177.6m | $245.6m | $461.4m | $523.2m | $469.7m | $540.0m | $506.1m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | — | — | $591.9m | $591.9m | $591.9m | $591.9m | $591.9m | $0 | |
| Common Stock, Value, Issued | $3.4b | $3.4b | $3.4b | $3.4b | $3.4b | $3.4b | $3.5b | $3.5b | $3.6b | $3.7b | |
| Retained Earnings (Accumulated Deficit) | $3.5b | $3.8b | $5.8b | $7.5b | $8.2b | $10.4b | $9.8b | $11.4b | $13.4b | $15.0b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $1.6b | $2.3b | ($94.7m) | $208.8m | $584.4m | $237.6m | ($857.1m) | ($478.2m) | ($617.1m) | ($109.5m) | |
| Stockholders' Equity Attributable to Parent | $8.5b | $9.5b | $9.1b | $11.1b | $12.8b | $14.7b | $13.1b | $15.0b | $16.9b | $18.6b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $6.5m | ($2.6m) | $19.6m | $7.5m | $14.9m | $22.9m | $62.8m | $72.3m | $13.0m | ($1.6m) | |
| Liabilities and Equity | $25.9b | $32.8b | $33.3b | $37.5b | $41.7b | $48.4b | $49.8b | $55.0b | $61.9b | $68.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.