Company data
Markel Corporation employees and revenue per employee
MKL · Insurance - Property & Casualty · $21.5B market cap
Markel Corporation had 22,900 employees at the end of fiscal Dec 2025, up 4.1% from a year earlier. Revenue for the year was $16.6B, down 1.0% from a year earlier, or $724K per employee. Revenue fell while headcount grew.
Employees
22,900
+4.1% YoY
Revenue
$16.6B
-1.0% YoY
Revenue / employee
$724K
Peer median $1.41M
Rank in industry
16 of 18
Insurance - Property & Casualty
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Dec 2025 | 22,900 | $16.6B | $724K | +4.1% | -1.0% |
| Dec 2024 | 22,000 | $16.8B | $761K | +1.9% | +6.6% |
| Dec 2023 | 21,600 | $15.7B | $727K | +3.3% | +33.0% |
| Dec 2022 | 20,900 | $11.8B | $565K | +3.0% | -8.6% |
| Dec 2021 | 20,300 | $12.9B | $636K | +7.4% | +34.0% |
| Dec 2020 | 18,900 | $9.64B | $510K | +1.6% | +1.3% |
| Dec 2019 | 18,600 | $9.52B | $512K | +6.9% | +37.0% |
| Dec 2018 | 17,400 | $6.95B | $399K | +11.5% | +14.6% |
| Dec 2017 | 15,600 | $6.06B | $389K | +43.1% | +8.1% |
| Dec 2016 | 10,900 | $5.61B | $515K | — | — |
Open roles: we have not matched a verified job board for this company yet.
Markel Corporation against similar companies
The closest industry peers by revenue, from Insurance - Property & Casualty.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| CNA CNA Financial Corporation | 6,600 | $14.7B | $2.23M | Efficient growth |
| CINF Cincinnati Financial Corporation | 5,705 | $12.6B | $2.21M | Efficient growth |
| WRB W. R. Berkley Corporation | 8,804 | $14.7B | $1.67M | Efficient growth |
| TRV The Travelers Companies, Inc. | 34,000 | $48.8B | $1.44M | Leaner |
| L Loews Corporation | 13,100 | $18.2B | $1.39M | Efficient growth |
| ORI Old Republic International Corporation | 9,500 | $9.09B | $957K | Efficient growth |
| AFG American Financial Group, Inc. | 8,500 | $8.12B | $955K | Contracting |
| AIZ Assurant, Inc. | 14,800 | $12.8B | $866K | Efficient growth |
| MKL Markel Corporation | 22,900 | $16.6B | $724K | Hiring into decline |
Questions about Markel Corporation
- How many employees does Markel Corporation have?
- Markel Corporation reported 22,900 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 26, 2026. That is up 4.1% from a year earlier.
- What is Markel Corporation's revenue per employee?
- Markel Corporation brought in $16.6B of revenue in fiscal Dec 2025, which is $724K per employee. That ranks 16 of 18 companies we track in Insurance - Property & Casualty, where the median is $1.41M.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Source: employee counts and revenue as stated in Markel Corporation's annual reports (Form 10-K), latest filed February 26, 2026. This is data, not a recommendation to buy or sell MKL.