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Side-by-side financial comparison of ABM INDUSTRIES INC (ABM) and MARKEL GROUP INC. (MKL). Click either name above to swap in a different company.

MARKEL GROUP INC. is the larger business by last-quarter revenue ($3.6B vs $2.3B, roughly 1.6× ABM INDUSTRIES INC). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 1.5%, a 14.6% gap on every dollar of revenue. On growth, ABM INDUSTRIES INC posted the faster year-over-year revenue change (5.4% vs -6.9%). MARKEL GROUP INC. produced more free cash flow last quarter ($599.1M vs $112.7M). Over the past eight quarters, ABM INDUSTRIES INC's revenue compounded faster (5.3% CAGR vs -10.5%).

ABM Industries Inc. is a facility management provider in the United States founded in 1909 by Morris Rosenberg in San Francisco, California. ABM provides facility services in areas such as electrical, lighting, energy, facility engineering, electrification, heating, ventilation, air conditioning, mechanical, janitorial services, landscape, grounds, parking, and transportation.

Markel Group Inc. is a group of companies headquartered in Richmond, Virginia, and originally founded in 1930 as an insurance company.

ABM vs MKL — Head-to-Head

Bigger by revenue
MKL
MKL
1.6× larger
MKL
$3.6B
$2.3B
ABM
Growing faster (revenue YoY)
ABM
ABM
+12.3% gap
ABM
5.4%
-6.9%
MKL
Higher net margin
MKL
MKL
14.6% more per $
MKL
16.1%
1.5%
ABM
More free cash flow
MKL
MKL
$486.4M more FCF
MKL
$599.1M
$112.7M
ABM
Faster 2-yr revenue CAGR
ABM
ABM
Annualised
ABM
5.3%
-10.5%
MKL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABM
ABM
MKL
MKL
Revenue
$2.3B
$3.6B
Net Profit
$34.8M
$576.8M
Gross Margin
11.8%
Operating Margin
3.0%
22.2%
Net Margin
1.5%
16.1%
Revenue YoY
5.4%
-6.9%
Net Profit YoY
394.9%
5.0%
EPS (diluted)
$0.56
$48.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABM
ABM
MKL
MKL
Q4 25
$2.3B
$3.6B
Q3 25
$2.2B
$3.9B
Q2 25
$2.1B
$4.6B
Q1 25
$2.1B
$3.4B
Q4 24
$2.2B
$3.8B
Q3 24
$2.1B
$4.6B
Q2 24
$2.0B
$3.7B
Q1 24
$2.1B
$4.5B
Net Profit
ABM
ABM
MKL
MKL
Q4 25
$34.8M
$576.8M
Q3 25
$41.8M
$751.3M
Q2 25
$42.2M
$657.1M
Q1 25
$43.6M
$121.7M
Q4 24
$-11.8M
$549.2M
Q3 24
$4.7M
$905.0M
Q2 24
$43.8M
$267.7M
Q1 24
$44.7M
$1.0B
Gross Margin
ABM
ABM
MKL
MKL
Q4 25
11.8%
Q3 25
12.3%
Q2 25
12.8%
Q1 25
12.3%
Q4 24
12.5%
Q3 24
12.6%
Q2 24
12.6%
Q1 24
11.8%
Operating Margin
ABM
ABM
MKL
MKL
Q4 25
3.0%
22.2%
Q3 25
3.8%
25.7%
Q2 25
3.9%
24.1%
Q1 25
3.7%
8.3%
Q4 24
0.9%
15.5%
Q3 24
1.8%
29.7%
Q2 24
4.0%
11.1%
Q1 24
3.6%
29.9%
Net Margin
ABM
ABM
MKL
MKL
Q4 25
1.5%
16.1%
Q3 25
1.9%
19.1%
Q2 25
2.0%
14.3%
Q1 25
2.1%
3.6%
Q4 24
-0.5%
14.3%
Q3 24
0.2%
19.6%
Q2 24
2.2%
7.2%
Q1 24
2.2%
23.0%
EPS (diluted)
ABM
ABM
MKL
MKL
Q4 25
$0.56
$48.22
Q3 25
$0.67
$59.25
Q2 25
$0.67
$49.67
Q1 25
$0.69
$12.08
Q4 24
$-0.18
$39.02
Q3 24
$0.07
$66.25
Q2 24
$0.69
$18.62
Q1 24
$0.70
$75.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABM
ABM
MKL
MKL
Cash + ST InvestmentsLiquidity on hand
$104.1M
$4.0B
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$1.8B
$18.6B
Total Assets
$5.3B
$68.9B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABM
ABM
MKL
MKL
Q4 25
$104.1M
$4.0B
Q3 25
$69.3M
$4.0B
Q2 25
$58.7M
$3.7B
Q1 25
$59.0M
$4.2B
Q4 24
$64.6M
$3.7B
Q3 24
$86.3M
$3.9B
Q2 24
$60.7M
$3.5B
Q1 24
$58.0M
$3.6B
Total Debt
ABM
ABM
MKL
MKL
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$3.9B
Stockholders' Equity
ABM
ABM
MKL
MKL
Q4 25
$1.8B
$18.6B
Q3 25
$1.8B
$18.0B
Q2 25
$1.8B
$17.3B
Q1 25
$1.8B
$17.1B
Q4 24
$1.8B
$16.9B
Q3 24
$1.8B
$17.0B
Q2 24
$1.8B
$15.9B
Q1 24
$1.8B
$15.7B
Total Assets
ABM
ABM
MKL
MKL
Q4 25
$5.3B
$68.9B
Q3 25
$5.3B
$67.4B
Q2 25
$5.3B
$66.8B
Q1 25
$5.2B
$64.6B
Q4 24
$5.1B
$61.9B
Q3 24
$5.0B
$62.3B
Q2 24
$4.9B
$59.7B
Q1 24
$5.0B
$57.3B
Debt / Equity
ABM
ABM
MKL
MKL
Q4 25
0.23×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.26×
Q4 24
0.26×
Q3 24
0.26×
Q2 24
0.28×
Q1 24
0.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABM
ABM
MKL
MKL
Operating Cash FlowLast quarter
$133.4M
$662.2M
Free Cash FlowOCF − Capex
$112.7M
$599.1M
FCF MarginFCF / Revenue
4.9%
16.7%
Capex IntensityCapex / Revenue
0.9%
1.8%
Cash ConversionOCF / Net Profit
3.83×
1.15×
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABM
ABM
MKL
MKL
Q4 25
$133.4M
$662.2M
Q3 25
$174.9M
$1.2B
Q2 25
$32.3M
$504.4M
Q1 25
$-106.2M
$376.2M
Q4 24
$30.4M
$493.9M
Q3 24
$79.4M
$890.8M
Q2 24
$117.0M
$578.6M
Q1 24
$-100.0K
$630.7M
Free Cash Flow
ABM
ABM
MKL
MKL
Q4 25
$112.7M
$599.1M
Q3 25
$150.1M
$1.2B
Q2 25
$15.2M
$453.8M
Q1 25
$-122.9M
$335.5M
Q4 24
$15.6M
$420.0M
Q3 24
$63.9M
$838.9M
Q2 24
$101.5M
$521.4M
Q1 24
$-13.7M
$558.7M
FCF Margin
ABM
ABM
MKL
MKL
Q4 25
4.9%
16.7%
Q3 25
6.7%
29.6%
Q2 25
0.7%
9.9%
Q1 25
-5.8%
9.9%
Q4 24
0.7%
10.9%
Q3 24
3.1%
18.2%
Q2 24
5.0%
14.1%
Q1 24
-0.7%
12.5%
Capex Intensity
ABM
ABM
MKL
MKL
Q4 25
0.9%
1.8%
Q3 25
1.1%
1.3%
Q2 25
0.8%
1.1%
Q1 25
0.8%
1.2%
Q4 24
0.7%
1.9%
Q3 24
0.7%
1.1%
Q2 24
0.8%
1.5%
Q1 24
0.7%
1.6%
Cash Conversion
ABM
ABM
MKL
MKL
Q4 25
3.83×
1.15×
Q3 25
4.18×
1.62×
Q2 25
0.77×
0.77×
Q1 25
-2.44×
3.09×
Q4 24
0.90×
Q3 24
16.89×
0.98×
Q2 24
2.67×
2.16×
Q1 24
-0.00×
0.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABM
ABM

Facility Service Line Janitorial$729.5M32%
Technical Solutions$298.6M13%
Aviation$296.7M13%
Education$233.8M10%
Engineering And Infrastructure Service Line$211.3M9%
Engineering And Infrastructure Service Line Operations And Maintenance$207.2M9%
Facility Service Line Aviation Services$134.4M6%
Facility Service Line Parking And Transportation$108.0M5%
Management Reimbursement Revenue$86.9M4%

MKL
MKL

Industrial$1.6B45%
Consumer And Other$958.3M27%
Financial$737.0M21%
Other$198.8M6%
Corporate Operations$52.0M1%
Revenue From Contract With Customer$10.5M0%

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