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Cash Flow Overview

Change in Cash
-$113,234K
Free Cash flow
$384,542K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net income
    • Proceeds from sales, maturities,...
    • Additions to senior long-term de...
    • Proceeds from sales of equity se...
Negative Cash Flow Breakdown
    • Adjustments to reconcile net inc...
    • Cost of fixed maturity securitie...
    • Repayment of senior long-term de...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
1,185,464
-204,356
582,086
763,787
Deferred income tax expense
-
-
-151,219
-
Depreciation and amortization expense
-
-
347,918
-
Net amortization of investment premium or discount
-
-
104,035
-
Net investment gains
-
-
1,076,081
-
Net foreign exchange losses (gains)
-
-
-256,234
-
Increase in receivables
-
-
287,908
-
Increase in reinsurance recoverables
-
-
2,929,234
-
Decrease (increase) in deferred policy acquisition costs
-
-
22,073
-
Increase in prepaid reinsurance premiums
-
-
102,363
-
Increase in unpaid losses and loss adjustment expenses
-
-
3,973,776
-
Increase in unearned premiums
-
-
104,193
-
Increase in payables to insurance and reinsurance companies
-
-
223,884
-
Other
-
-
-73,321
-
Adjustments to reconcile net income to net cash provided by operating activities
-756,595
-308,476
-
454,688
Net cash provided by operating activities
428,869
15,912
662,193
1,218,475
Proceeds from sales, maturities, calls, and prepayments of fixed maturity securities
813,487
547,820
551,924
781,278
Cost of fixed maturity securities purchased
665,032
819,452
1,079,462
1,173,048
Proceeds from sales of equity securities
153,538
52,107
142,040
59,971
Cost of equity securities purchased
146,850
80,072
158,341
90,045
Net change in short-term investments
293,755
-19,595
-104,879
255,867
Cost of other investments purchased
-
-
20
40,544
Additions to property and equipment
44,327
47,265
63,120
52,421
Acquisitions, net of cash acquired
4,214
20,160
46,211
0
Other
10,169
791
5,697
-51,373
Net cash provided (used) by investing activities
-197,322
-348,218
-554,008
-719,303
Additions to senior long-term debt and other debt
327,129
295,472
170,754
171,254
Repayment of senior long-term debt and other debt
341,887
217,063
150,897
251,753
Repurchases of common stock
236,722
133,931
85,505
74,393
Dividends paid on preferred stock
0
-
0
0
Redemption of preferred stock
0
-
0
0
Purchase of noncontrolling interests
73,753
-
2,447
0
Distributions to noncontrolling interests
-
-
-38,743
-
Redemption of markel catco re noncontrolling interests
-
-
20,240
-
Other
-16,700
-24,027
15,599
-15,938
Net cash used by financing activities
-341,933
-79,549
-111,479
-170,830
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents
-2,848
-10,169
-10,307
-6,532
Increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents
-113,234
-422,024
-13,601
321,810
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period
4,181,278
4,603,302
4,616,903
4,192,248
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period
4,068,044
4,181,278
4,603,302
4,616,903
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Cash Flow

Net income$1,185,464K (46.98%↑ Y/Y)Net cash provided byoperating activities$428,869K (-51.30%↓ Y/Y)Canceled cashflow$756,595K Increase (decrease) incash, cash...-$113,234K (-210.10%↓ Y/Y)Canceled cashflow$428,869K Additions to seniorlong-term debt and other...$327,129K (-39.51%↓ Y/Y)Proceeds from sales,maturities, calls, and...$813,487K (-22.13%↓ Y/Y)Proceeds from sales ofequity securities$153,538K (47.93%↑ Y/Y)Adjustments to reconcile netincome to net cash...-$756,595K (-1121.65%↓ Y/Y)Net cash used byfinancing activities-$341,933K (63.14%↑ Y/Y)Canceled cashflow$327,129K Net cash provided(used) by investing...-$197,322K (-336.61%↓ Y/Y)Effect of foreigncurrency rate changes on...-$2,848K (-104.28%↓ Y/Y)Canceled cashflow$967,025K Repayment of seniorlong-term debt and other...$341,887K (-32.91%↓ Y/Y)Repurchases of common stock$236,722K (-12.20%↓ Y/Y)Purchase ofnoncontrolling interests$73,753K (19.39%↑ Y/Y)Other-$16,700K (-75.09%↓ Y/Y)Cost of fixedmaturity securities...$665,032K (-56.54%↓ Y/Y)Net change inshort-term investments$293,755K (140.30%↑ Y/Y)Cost of equitysecurities purchased$146,850K (-26.69%↓ Y/Y)Additions to property andequipment$44,327K (-51.48%↓ Y/Y)Other$10,169K (111.57%↑ Y/Y)Acquisitions, net of cashacquired$4,214K (-92.98%↓ Y/Y)

MARKEL GROUP INC. (MKL)

MARKEL GROUP INC. (MKL)