vs

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

Dominion Energy is the larger business by last-quarter revenue ($4.2B vs $3.6B, roughly 1.2× MARKEL GROUP INC.). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 13.9%, a 2.2% gap on every dollar of revenue. On growth, Dominion Energy posted the faster year-over-year revenue change (23.2% vs -6.9%). Over the past eight quarters, Dominion Energy's revenue compounded faster (9.3% CAGR vs -10.5%).

Dominion Energy, Inc., commonly referred to as Dominion, is an American energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Dominion also has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island.

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

D vs MKL — Head-to-Head

Bigger by revenue
D
D
1.2× larger
D
$4.2B
$3.6B
MKL
Growing faster (revenue YoY)
D
D
+30.0% gap
D
23.2%
-6.9%
MKL
Higher net margin
MKL
MKL
2.2% more per $
MKL
16.1%
13.9%
D
Faster 2-yr revenue CAGR
D
D
Annualised
D
9.3%
-10.5%
MKL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
D
D
MKL
MKL
Revenue
$4.2B
$3.6B
Net Profit
$586.0M
$576.8M
Gross Margin
Operating Margin
18.0%
22.2%
Net Margin
13.9%
16.1%
Revenue YoY
23.2%
-6.9%
Net Profit YoY
871.1%
5.0%
EPS (diluted)
$0.66
$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
D
D
MKL
MKL
Q4 25
$4.2B
$3.6B
Q3 25
$4.5B
$3.9B
Q2 25
$3.7B
$4.6B
Q1 25
$4.1B
$3.4B
Q4 24
$3.4B
$3.8B
Q3 24
$3.8B
$4.6B
Q2 24
$3.5B
$3.7B
Q1 24
$3.5B
$4.5B
Net Profit
D
D
MKL
MKL
Q4 25
$586.0M
$576.8M
Q3 25
$1.0B
$751.3M
Q2 25
$760.0M
$657.1M
Q1 25
$646.0M
$121.7M
Q4 24
$-76.0M
$549.2M
Q3 24
$954.0M
$905.0M
Q2 24
$572.0M
$267.7M
Q1 24
$674.0M
$1.0B
Operating Margin
D
D
MKL
MKL
Q4 25
18.0%
22.2%
Q3 25
29.7%
25.7%
Q2 25
29.5%
24.1%
Q1 25
29.9%
8.3%
Q4 24
11.4%
15.5%
Q3 24
32.2%
29.7%
Q2 24
23.3%
11.1%
Q1 24
23.6%
29.9%
Net Margin
D
D
MKL
MKL
Q4 25
13.9%
16.1%
Q3 25
22.3%
19.1%
Q2 25
20.4%
14.3%
Q1 25
15.8%
3.6%
Q4 24
-2.2%
14.3%
Q3 24
25.2%
19.6%
Q2 24
16.6%
7.2%
Q1 24
19.1%
23.0%
EPS (diluted)
D
D
MKL
MKL
Q4 25
$0.66
$48.22
Q3 25
$1.16
$59.25
Q2 25
$0.88
$49.67
Q1 25
$0.75
$12.08
Q4 24
$-0.11
$39.02
Q3 24
$1.12
$66.25
Q2 24
$0.65
$18.62
Q1 24
$0.78
$75.43

Balance Sheet & Financial Strength

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

Metric
D
D
MKL
MKL
Cash + ST InvestmentsLiquidity on hand
$250.0M
$4.0B
Total DebtLower is stronger
$44.1B
$4.3B
Stockholders' EquityBook value
$29.1B
$18.6B
Total Assets
$115.9B
$68.9B
Debt / EquityLower = less leverage
1.52×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
D
D
MKL
MKL
Q4 25
$250.0M
$4.0B
Q3 25
$932.0M
$4.0B
Q2 25
$344.0M
$3.7B
Q1 25
$355.0M
$4.2B
Q4 24
$310.0M
$3.7B
Q3 24
$1.8B
$3.9B
Q2 24
$139.0M
$3.5B
Q1 24
$265.0M
$3.6B
Total Debt
D
D
MKL
MKL
Q4 25
$44.1B
$4.3B
Q3 25
$43.3B
$4.3B
Q2 25
$40.3B
$4.4B
Q1 25
$39.9B
$4.4B
Q4 24
$37.5B
$4.3B
Q3 24
$37.1B
$4.4B
Q2 24
$36.6B
$4.4B
Q1 24
$35.1B
$3.9B
Stockholders' Equity
D
D
MKL
MKL
Q4 25
$29.1B
$18.6B
Q3 25
$27.7B
$18.0B
Q2 25
$27.2B
$17.3B
Q1 25
$27.4B
$17.1B
Q4 24
$27.3B
$16.9B
Q3 24
$27.5B
$17.0B
Q2 24
$27.1B
$15.9B
Q1 24
$27.4B
$15.7B
Total Assets
D
D
MKL
MKL
Q4 25
$115.9B
$68.9B
Q3 25
$111.6B
$67.4B
Q2 25
$107.4B
$66.8B
Q1 25
$104.6B
$64.6B
Q4 24
$102.4B
$61.9B
Q3 24
$99.8B
$62.3B
Q2 24
$100.4B
$59.7B
Q1 24
$102.0B
$57.3B
Debt / Equity
D
D
MKL
MKL
Q4 25
1.52×
0.23×
Q3 25
1.56×
0.24×
Q2 25
1.48×
0.25×
Q1 25
1.46×
0.26×
Q4 24
1.38×
0.26×
Q3 24
1.35×
0.26×
Q2 24
1.35×
0.28×
Q1 24
1.28×
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
D
D
MKL
MKL
Operating Cash FlowLast quarter
$987.0M
$662.2M
Free Cash FlowOCF − Capex
$599.1M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.68×
1.15×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
D
D
MKL
MKL
Q4 25
$987.0M
$662.2M
Q3 25
$1.9B
$1.2B
Q2 25
$1.2B
$504.4M
Q1 25
$1.2B
$376.2M
Q4 24
$641.0M
$493.9M
Q3 24
$1.5B
$890.8M
Q2 24
$856.0M
$578.6M
Q1 24
$2.0B
$630.7M
Free Cash Flow
D
D
MKL
MKL
Q4 25
$599.1M
Q3 25
$1.2B
Q2 25
$453.8M
Q1 25
$335.5M
Q4 24
$420.0M
Q3 24
$838.9M
Q2 24
$521.4M
Q1 24
$558.7M
FCF Margin
D
D
MKL
MKL
Q4 25
16.7%
Q3 25
29.6%
Q2 25
9.9%
Q1 25
9.9%
Q4 24
10.9%
Q3 24
18.2%
Q2 24
14.1%
Q1 24
12.5%
Capex Intensity
D
D
MKL
MKL
Q4 25
1.8%
Q3 25
1.3%
Q2 25
1.1%
Q1 25
1.2%
Q4 24
1.9%
Q3 24
1.1%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
D
D
MKL
MKL
Q4 25
1.68×
1.15×
Q3 25
1.93×
1.62×
Q2 25
1.64×
0.77×
Q1 25
1.83×
3.09×
Q4 24
0.90×
Q3 24
1.61×
0.98×
Q2 24
1.50×
2.16×
Q1 24
2.94×
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

D
D

Dominion Energy Virginia$3.0B72%
Nonregulated Electricity Sales$334.0M8%
Contracted Energy$306.0M7%
Other$292.0M7%
Other Nonregulated Revenues$97.0M2%
Other Regulated Revenues$66.0M2%
Alternative Revenue Programs$50.0M1%
Transition Services Agreements$25.0M1%
Regulated Gas Transportation And Storage$10.0M0%
Related Party$5.0M0%

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%

Related Comparisons