Markel Corporation (MKL) — Free Cash Flow Generation Index
Markel Corporation (MKL) has a Free Cash Flow Generation Index of -1.97x as of March 2026. Free cash flow of $-31.35 Million represents -2% of operating cash flow ($15.91 Million). Explore MKL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Markel Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Markel Corporation across 37 annual periods. For the full cash flow conversion analysis, see Markel Corporation cash flow conversion.
Annual Free Cash Flow Generation for Markel Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for Markel Corporation. Check MKL cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.93x | $2.55 Billion | $2.76 Billion | $206.89 Million | ▲ +2.6% |
| 2024 | 0.90x | $2.34 Billion | $2.59 Billion | $254.99 Million | ▼ -0.6% |
| 2023 | 0.91x | $2.53 Billion | $2.79 Billion | $258.62 Million | ▲ +0.1% |
| 2022 | 0.91x | $2.45 Billion | $2.71 Billion | $254.71 Million | ▼ -3.2% |
| 2021 | 0.94x | $2.13 Billion | $2.27 Billion | $145.25 Million | ▼ -0.6% |
| 2020 | 0.94x | $1.64 Billion | $1.74 Billion | $101.30 Million | ▲ +4.3% |
| 2019 | 0.90x | $1.15 Billion | $1.27 Billion | $123.38 Million | ▲ +2.6% |
| 2018 | 0.88x | $786.26 Million | $892.86 Million | $106.59 Million | ▼ -3.6% |
| 2017 | 0.91x | $783.88 Million | $858.53 Million | $74.65 Million | ▲ +3.6% |
| 2016 | 0.88x | $470.95 Million | $534.62 Million | $63.67 Million | ▲ +0.4% |
| 2015 | 0.88x | $571.40 Million | $651.15 Million | $79.75 Million | ▼ -0.9% |
| 2014 | 0.89x | $634.66 Million | $716.79 Million | $82.13 Million | ▼ -5.4% |
| 2013 | 0.94x | $697.80 Million | $745.52 Million | $47.73 Million | ▲ +5.9% |
| 2012 | 0.88x | $347.01 Million | $392.53 Million | $45.52 Million | ▲ +9.6% |
| 2011 | 0.81x | $251.19 Million | $311.32 Million | $60.13 Million | ▼ -0.6% |
| 2010 | 0.81x | $181.19 Million | $223.29 Million | $42.10 Million | ▼ -12.0% |
| 2009 | 0.92x | $260.56 Million | $282.46 Million | $21.91 Million | ▼ -3.4% |
| 2008 | 0.95x | $372.48 Million | $390.16 Million | $17.67 Million | ▼ -1.7% |
| 2007 | 0.97x | $493.83 Million | $508.32 Million | $14.49 Million | ▼ -1.1% |
| 2006 | 0.98x | $502.40 Million | $511.59 Million | $9.19 Million | ▲ +3.8% |
| 2005 | 0.95x | $521.75 Million | $551.25 Million | $29.50 Million | ▼ -4.4% |
| 2004 | 0.99x | $683.73 Million | $690.69 Million | $6.96 Million | ▲ +0.2% |
| 2003 | 0.99x | $623.54 Million | $631.45 Million | $7.91 Million | ▲ +1.7% |
| 2002 | 0.97x | $492.81 Million | $507.37 Million | $14.55 Million | ▲ +2.4% |
| 2001 | 0.95x | $155.96 Million | $164.47 Million | $8.51 Million | ▲ +21.6% |
| 2000 | 0.78x | $69.58 Million | $89.21 Million | $19.63 Million | ▲ +112.5% |
| 1999 | -6.22x | $-3.47 Million | $558.00K | $4.03 Million | ▼ -766.6% |
| 1998 | 0.93x | $37.20 Million | $39.90 Million | $2.70 Million | ▼ -0.1% |
| 1997 | 0.93x | $64.00 Million | $68.60 Million | $4.60 Million | ▼ -2.6% |
| 1996 | 0.96x | $90.40 Million | $94.40 Million | $4.00 Million | ▼ -1.6% |
| 1995 | 0.97x | $164.50 Million | $169.00 Million | $4.50 Million | ▲ +10.0% |
| 1994 | 0.89x | $54.00 Million | $61.00 Million | $7.00 Million | ▼ -6.8% |
| 1993 | 0.95x | $87.40 Million | $92.00 Million | $4.60 Million | ▲ +4.5% |
| 1992 | 0.91x | $27.10 Million | $29.80 Million | $2.70 Million | ▲ +19.8% |
| 1991 | 0.76x | $16.70 Million | $22.00 Million | $5.30 Million | ▲ +25.0% |
| 1990 | 0.61x | $16.40 Million | $27.00 Million | $10.60 Million | ▼ -23.8% |
| 1989 | 0.80x | $13.40 Million | $16.80 Million | $3.40 Million | — |