Short answer
Markel Group Inc (MKL) filed its fiscal 2017 10-K annual report with the SEC on Feb 23, 2018. It reported revenue of $6.1B (+8.0% year over year) and net income of $395M.
- Top risk flagged: Section 'risk_factors' was empty or not found.
FY2017 key financial metrics · XBRL
- Revenue
- $6.1B
- +8.0% YoY
- Net income
- $395M
- −13.3% YoY
- Operating margin
- 3.6%
- −10.7 pp YoY
- EPS (diluted)
- $25.81
- −17.5% YoY
- ROE
- 4.2%
- −1.2 pp YoY
- Operating cash flow
- $859M
- +60.6% YoY
Source: XBRL data from the Markel Group Inc (MKL) FY2017 10-K on SEC EDGAR. USD.
Markel Group Inc FY2017 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Section 'business' was empty or not found.
Management Discussion & Analysis
- SureTec and State National acquisitions: $246.9 million and $918.8 million consideration
- State National goodwill: $370.4 million, with $384.0 million intangible assets
- 2018 revenue-recognition adoption: immaterial retained-earnings adjustment, affecting certain noninsurance contracts
- 2018 financial-instrument adoption: $3.3 billion unrealized equity gains reclassified to retained earnings
- 2019 lease and 2020 credit-loss standards: balance-sheet and reinsurance-recoverable impacts under evaluation
Risk Factors
- Section 'risk_factors' was empty or not found.
Generated from the filing text; verify against the original. How to read a 10-K
Other Markel Group Inc annual reports
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.