NYSE$MKL
Markel Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Markel reported strong Q4 results with an 89% combined ratio and solid investment returns, despite pandemic and catastrophe-related losses.
Markel Corporation reported its financial results for the year ended December 31, 2020. For the fourth quarter, the company reported an 89% combined ratio, which included four points of pandemic and catastrophe-related losses. Markel Ventures also saw strong top and bottom line performance amid challenging economic conditions and the company achieved solid investment returns despite volatile market conditions and historically low interest rates.
- Insurance operations delivered an underwriting profit for 2020 despite significant pandemic and catastrophe losses.
- Reported an 89% combined ratio for Q4, including 4 points from pandemic and catastrophes.
- Markel Ventures showed strong top and bottom-line performance despite economic challenges.
- Achieved solid investment returns despite market volatility and low interest rates.
Headline financials
Revenue & EPS history
Markel · Revenue · Quarterly
$3.36B
Forward guidance
Markel enters 2021 well positioned to continue the momentum of our excellent fourth quarter. We will help our customers navigate continued near-term economic uncertainties and cautiously look forward to greater opportunities as economies around the world recover.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+0.3%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.3%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+10.7%
Q4 2024
Best reaction
-11.5%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | +0.3% | +3.2% | |
| Q4 2025 | +2.0% | +2.4% | -3.5% | |
| Q3 2025 | +6.4% | +8.5% | +13.9% | |
| Q1 2025 | +0.3% | +3.1% | +6.8% | |
| Q4 2024 | +10.7% | +4.6% | +1.8% | |
| Q3 2024 | -1.4% | -0.9% | +14.0% | |
| Q2 2024 | -4.8% | -8.1% | -2.7% | |
| Q1 2024 | +8.1% | +9.2% | +12.6% | |
| Q4 2023 | -7.0% | -5.5% | -0.5% | |
| Q3 2023 | -11.5% | -9.2% | -3.1% | |
| Q2 2023 | +2.8% | +4.4% | +3.8% | |
| Q1 2023 | +0.4% | +4.3% | +0.8% | |
| Q4 2022 | -7.5% | -3.9% | -4.6% | |
| Q3 2022 | +0.1% | +0.4% | +11.5% | |
| Q2 2022 | -4.9% | -8.5% | -6.2% | |
| Q1 2022 | -3.5% | -6.8% | -5.1% | |
| Q4 2021 | -0.2% | +0.0% | -0.3% | |
| Q3 2021 | -0.4% | -0.3% | -7.1% | |
| Q2 2021 | +0.3% | +4.2% | +4.9% | |
| Q1 2021 | -1.2% | +0.2% | +3.1% | |
| Q4 2020 | +5.9% | +11.1% | +11.1% | |
| Q3 2020 | -6.0% | -6.3% | +1.1% | |
| Q2 2020 | -0.3% | +2.9% | +9.5% | |
| Q1 2020 | +1.1% | -7.4% | +3.3% | |
| Q4 2019 | +6.9% | +10.7% | +4.3% | |
| Q3 2019 | +4.7% | +4.6% | +1.5% | |
| Q2 2019 | -0.1% | +0.4% | +2.4% | |
| Q1 2019 | +0.4% | +0.4% | -0.2% | |
| Q4 2018 | -4.5% | -4.5% | -9.9% | |
| Q3 2018 | +7.2% | +5.9% | +9.4% | |
| Q2 2018 | +4.6% | +2.4% | +4.1% | |
| Q1 2018 | -2.4% | -1.6% | -2.0% | |
| Q4 2017 | +1.5% | -0.2% | +4.5% | |
| Q3 2017 | +2.5% | +3.1% | +1.2% | |
| Q2 2017 | +0.6% | +4.3% | +2.7% | |
| Q1 2017 | +0.4% | -0.6% | -1.3% | |
| Q4 2016 | +2.3% | +3.0% | +5.8% | |
| Q3 2016 | -3.6% | -2.7% | +1.4% | |
| Q2 2016 | -3.1% | -2.1% | -2.3% | |
| Q1 2016 | +2.2% | — | — | |
| Q4 2015 | -1.8% | — | — | |
| Q3 2015 | +0.7% | — | — | |
| Q2 2015 | -1.0% | — | — | |
| Q1 2015 | +4.1% | — | — | |
| Q4 2014 | +3.7% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | +4.0% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | +2.4% | — | — | |
| Q2 2012 | +1.4% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q1 2009 | -0.5% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | +1.3% | — | — | |
| Q2 2011 | -1.5% | — | — | |
| Q1 2010 | -1.2% | — | — | |
| Q1 2011 | +1.6% | — | — | |
| Q4 2008 | -1.1% | — | — | |
| Q3 2010 | -2.2% | — | — | |
| Q3 2009 | -2.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q2 2009 | -0.2% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro