Markel Corporation (MKL) — Cash Flow Reinvestment Rate

Latest as of March 2026: 20.57x

Markel Corporation (MKL) has a Cash Flow Reinvestment Rate of 20.57x as of March 2026, reinvesting $327.27 Million (capex $47.27 Million plus investments $-280.00 Million) from operating cash flow of $15.91 Million. See cash generation quality of Markel Corporation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

20.57x
(Capex + Investments) / Operating CF

Total Reinvested

$327.27 Million
Capex + Investments

Operating Cash Flow

$15.91 Million
USD

Capital Expenditures

$47.27 Million
USD

Markel Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Markel Corporation across 37 annual periods. For the full cash flow conversion analysis, see MKL cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Markel Corporation (1989–2025)

Year-by-year capital reinvestment analysis for Markel Corporation. See MKL FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.44x $1.22 Billion $2.76 Billion $206.89 Million ▼ -56.9%
2024 1.02x $2.65 Billion $2.59 Billion $254.99 Million ▲ +43.4%
2023 0.71x $1.99 Billion $2.79 Billion $258.62 Million ▲ +37.4%
2022 0.52x $1.41 Billion $2.71 Billion $254.71 Million ▲ +219.2%
2021 0.16x $369.97 Million $2.27 Billion $145.25 Million ▼ -83.2%
2020 0.97x $1.68 Billion $1.74 Billion $101.30 Million ▲ +158.3%
2019 0.37x $477.29 Million $1.27 Billion $123.38 Million ▼ -36.4%
2018 0.59x $525.79 Million $892.86 Million $106.59 Million ▼ -38.3%
2017 0.95x $819.11 Million $858.53 Million $74.65 Million ▼ -68.7%
2016 3.05x $1.63 Billion $534.62 Million $63.67 Million ▲ +309.0%
2015 0.75x $485.28 Million $651.15 Million $79.75 Million ▼ -5.5%
2014 0.79x $565.45 Million $716.79 Million $82.13 Million ▲ +5.6%
2013 0.75x $556.95 Million $745.52 Million $47.73 Million ▲ +213.1%
2012 0.24x $93.66 Million $392.53 Million $45.52 Million ▼ -78.7%
2011 1.12x $348.18 Million $311.32 Million $60.13 Million ▲ +245.6%
2010 0.32x $72.25 Million $223.29 Million $42.10 Million ▲ +317.2%
2009 0.08x $21.91 Million $282.46 Million $21.91 Million ▲ +71.2%
2008 0.05x $17.67 Million $390.16 Million $17.67 Million ▲ +58.9%
2007 0.03x $14.49 Million $508.32 Million $14.49 Million ▲ +58.7%
2006 0.02x $9.19 Million $511.59 Million $9.19 Million ▼ -66.4%
2005 0.05x $29.50 Million $551.25 Million $29.50 Million ▲ +430.8%
2004 0.01x $6.96 Million $690.69 Million $6.96 Million ▼ -19.5%
2003 0.01x $7.91 Million $631.45 Million $7.91 Million ▼ -56.3%
2002 0.03x $14.55 Million $507.37 Million $14.55 Million ▼ -44.6%
2001 0.05x $8.51 Million $164.47 Million $8.51 Million ▼ -76.5%
2000 0.22x $19.63 Million $89.21 Million $19.63 Million ▼ -96.9%
1999 7.22x $4.03 Million $558.00K $4.03 Million ▲ +10562.2%
1998 0.07x $2.70 Million $39.90 Million $2.70 Million ▲ +0.9%
1997 0.07x $4.60 Million $68.60 Million $4.60 Million ▲ +58.3%
1996 0.04x $4.00 Million $94.40 Million $4.00 Million ▲ +59.1%
1995 0.03x $4.50 Million $169.00 Million $4.50 Million ▼ -76.8%
1994 0.11x $7.00 Million $61.00 Million $7.00 Million ▲ +129.5%
1993 0.05x $4.60 Million $92.00 Million $4.60 Million ▼ -44.8%
1992 0.09x $2.70 Million $29.80 Million $2.70 Million ▼ -62.4%
1991 0.24x $5.30 Million $22.00 Million $5.30 Million ▼ -38.6%
1990 0.39x $10.60 Million $27.00 Million $10.60 Million ▲ +94.0%
1989 0.20x $3.40 Million $16.80 Million $3.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow