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Side-by-side financial comparison of CROWN HOLDINGS, INC. (CCK) 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 $3.3B, roughly 1.1× CROWN HOLDINGS, INC.). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 6.3%, a 9.8% gap on every dollar of revenue. On growth, CROWN HOLDINGS, INC. posted the faster year-over-year revenue change (12.9% vs -6.9%). Over the past eight quarters, CROWN HOLDINGS, INC.'s revenue compounded faster (3.5% CAGR vs -10.5%).

Danish Crown is an internationally oriented Danish food company with butchery operations, processing and sales of primarily pork and beef. Through a number of subsidiaries, the group is widely represented within the food industry with various food products. The CEO is Niels Duedahl and the headquarters are located in Randers.

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

CCK vs MKL — Head-to-Head

Bigger by revenue
MKL
MKL
1.1× larger
MKL
$3.6B
$3.3B
CCK
Growing faster (revenue YoY)
CCK
CCK
+19.8% gap
CCK
12.9%
-6.9%
MKL
Higher net margin
MKL
MKL
9.8% more per $
MKL
16.1%
6.3%
CCK
Faster 2-yr revenue CAGR
CCK
CCK
Annualised
CCK
3.5%
-10.5%
MKL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCK
CCK
MKL
MKL
Revenue
$3.3B
$3.6B
Net Profit
$206.0M
$576.8M
Gross Margin
Operating Margin
11.2%
22.2%
Net Margin
6.3%
16.1%
Revenue YoY
12.9%
-6.9%
Net Profit YoY
-9.3%
5.0%
EPS (diluted)
$1.56
$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
CCK
CCK
MKL
MKL
Q1 26
$3.3B
Q4 25
$3.1B
$3.6B
Q3 25
$3.2B
$3.9B
Q2 25
$3.1B
$4.6B
Q1 25
$2.9B
$3.4B
Q4 24
$2.9B
$3.8B
Q3 24
$3.1B
$4.6B
Q2 24
$3.0B
$3.7B
Net Profit
CCK
CCK
MKL
MKL
Q1 26
$206.0M
Q4 25
$150.0M
$576.8M
Q3 25
$214.0M
$751.3M
Q2 25
$181.0M
$657.1M
Q1 25
$193.0M
$121.7M
Q4 24
$358.0M
$549.2M
Q3 24
$-175.0M
$905.0M
Q2 24
$174.0M
$267.7M
Operating Margin
CCK
CCK
MKL
MKL
Q1 26
11.2%
Q4 25
12.0%
22.2%
Q3 25
13.2%
25.7%
Q2 25
12.4%
24.1%
Q1 25
12.6%
8.3%
Q4 24
12.1%
15.5%
Q3 24
14.4%
29.7%
Q2 24
12.5%
11.1%
Net Margin
CCK
CCK
MKL
MKL
Q1 26
6.3%
Q4 25
4.8%
16.1%
Q3 25
6.7%
19.1%
Q2 25
5.7%
14.3%
Q1 25
6.7%
3.6%
Q4 24
12.3%
14.3%
Q3 24
-5.7%
19.6%
Q2 24
5.7%
7.2%
EPS (diluted)
CCK
CCK
MKL
MKL
Q1 26
$1.56
Q4 25
$1.32
$48.22
Q3 25
$1.85
$59.25
Q2 25
$1.56
$49.67
Q1 25
$1.65
$12.08
Q4 24
$3.01
$39.02
Q3 24
$-1.47
$66.25
Q2 24
$1.45
$18.62

Balance Sheet & Financial Strength

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

Metric
CCK
CCK
MKL
MKL
Cash + ST InvestmentsLiquidity on hand
$584.0M
$4.0B
Total DebtLower is stronger
$53.0M
$4.3B
Stockholders' EquityBook value
$3.4B
$18.6B
Total Assets
$14.3B
$68.9B
Debt / EquityLower = less leverage
0.02×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCK
CCK
MKL
MKL
Q1 26
$584.0M
Q4 25
$764.0M
$4.0B
Q3 25
$1.2B
$4.0B
Q2 25
$936.0M
$3.7B
Q1 25
$779.0M
$4.2B
Q4 24
$918.0M
$3.7B
Q3 24
$1.7B
$3.9B
Q2 24
$1.4B
$3.5B
Total Debt
CCK
CCK
MKL
MKL
Q1 26
$53.0M
Q4 25
$5.9B
$4.3B
Q3 25
$6.2B
$4.3B
Q2 25
$6.3B
$4.4B
Q1 25
$6.2B
$4.4B
Q4 24
$6.1B
$4.3B
Q3 24
$7.4B
$4.4B
Q2 24
$7.3B
$4.4B
Stockholders' Equity
CCK
CCK
MKL
MKL
Q1 26
$3.4B
Q4 25
$3.0B
$18.6B
Q3 25
$3.0B
$18.0B
Q2 25
$2.9B
$17.3B
Q1 25
$2.7B
$17.1B
Q4 24
$2.8B
$16.9B
Q3 24
$2.5B
$17.0B
Q2 24
$2.5B
$15.9B
Total Assets
CCK
CCK
MKL
MKL
Q1 26
$14.3B
Q4 25
$14.3B
$68.9B
Q3 25
$14.6B
$67.4B
Q2 25
$14.5B
$66.8B
Q1 25
$13.8B
$64.6B
Q4 24
$13.8B
$61.9B
Q3 24
$15.1B
$62.3B
Q2 24
$14.9B
$59.7B
Debt / Equity
CCK
CCK
MKL
MKL
Q1 26
0.02×
Q4 25
1.96×
0.23×
Q3 25
2.07×
0.24×
Q2 25
2.18×
0.25×
Q1 25
2.31×
0.26×
Q4 24
2.23×
0.26×
Q3 24
2.93×
0.26×
Q2 24
2.92×
0.28×

Cash Flow & Capital Efficiency

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

Metric
CCK
CCK
MKL
MKL
Operating Cash FlowLast quarter
$662.2M
Free Cash FlowOCF − Capex
$599.1M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
2.7%
1.8%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCK
CCK
MKL
MKL
Q1 26
Q4 25
$487.0M
$662.2M
Q3 25
$580.0M
$1.2B
Q2 25
$449.0M
$504.4M
Q1 25
$14.0M
$376.2M
Q4 24
$295.0M
$493.9M
Q3 24
$554.0M
$890.8M
Q2 24
$445.0M
$578.6M
Free Cash Flow
CCK
CCK
MKL
MKL
Q1 26
Q4 25
$255.0M
$599.1M
Q3 25
$488.0M
$1.2B
Q2 25
$393.0M
$453.8M
Q1 25
$-19.0M
$335.5M
Q4 24
$146.0M
$420.0M
Q3 24
$478.0M
$838.9M
Q2 24
$361.0M
$521.4M
FCF Margin
CCK
CCK
MKL
MKL
Q1 26
Q4 25
8.2%
16.7%
Q3 25
15.2%
29.6%
Q2 25
12.5%
9.9%
Q1 25
-0.7%
9.9%
Q4 24
5.0%
10.9%
Q3 24
15.5%
18.2%
Q2 24
11.9%
14.1%
Capex Intensity
CCK
CCK
MKL
MKL
Q1 26
2.7%
Q4 25
7.4%
1.8%
Q3 25
2.9%
1.3%
Q2 25
1.8%
1.1%
Q1 25
1.1%
1.2%
Q4 24
5.1%
1.9%
Q3 24
2.5%
1.1%
Q2 24
2.8%
1.5%
Cash Conversion
CCK
CCK
MKL
MKL
Q1 26
Q4 25
3.25×
1.15×
Q3 25
2.71×
1.62×
Q2 25
2.48×
0.77×
Q1 25
0.07×
3.09×
Q4 24
0.82×
0.90×
Q3 24
0.98×
Q2 24
2.56×
2.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCK
CCK

Americas Beverage$1.5B47%
European Beverage$588.0M18%
Transit Packaging$496.0M15%
Other$342.0M10%
Asia Pacific$303.0M9%

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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