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

Paramount Skydance Corporation is the larger business by last-quarter revenue ($4.1B vs $3.6B, roughly 1.2× MARKEL GROUP INC.). MARKEL GROUP INC. runs the higher net margin — 16.1% vs -0.3%, a 16.4% gap on every dollar of revenue. On growth, MARKEL GROUP INC. posted the faster year-over-year revenue change (-6.9% vs -38.8%). MARKEL GROUP INC. produced more free cash flow last quarter ($599.1M vs $222.0M).

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

Paramount Skydance Corporation is an American multinational mass media and entertainment conglomerate. The company is headquartered at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, with multiple of Paramount's divisions and subsidiaries, as well as one of Paramount's major offices and meeting places, being headquartered at the previous Paramount Global headquarters at One Astor Plaza in New York City.

MKL vs PSKY — Head-to-Head

Bigger by revenue
PSKY
PSKY
1.2× larger
PSKY
$4.1B
$3.6B
MKL
Growing faster (revenue YoY)
MKL
MKL
+31.9% gap
MKL
-6.9%
-38.8%
PSKY
Higher net margin
MKL
MKL
16.4% more per $
MKL
16.1%
-0.3%
PSKY
More free cash flow
MKL
MKL
$377.1M more FCF
MKL
$599.1M
$222.0M
PSKY

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MKL
MKL
PSKY
PSKY
Revenue
$3.6B
$4.1B
Net Profit
$576.8M
$-13.0M
Gross Margin
Operating Margin
22.2%
5.9%
Net Margin
16.1%
-0.3%
Revenue YoY
-6.9%
-38.8%
Net Profit YoY
5.0%
-1400.0%
EPS (diluted)
$48.22
$-0.01

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
MKL
MKL
PSKY
PSKY
Q4 25
$3.6B
Q3 25
$3.9B
$4.1B
Q2 25
$4.6B
$0
Q1 25
$3.4B
$0
Q4 24
$3.8B
Q3 24
$4.6B
$6.7B
Q2 24
$3.7B
$0
Q1 24
$4.5B
Net Profit
MKL
MKL
PSKY
PSKY
Q4 25
$576.8M
Q3 25
$751.3M
$-13.0M
Q2 25
$657.1M
$0
Q1 25
$121.7M
$0
Q4 24
$549.2M
Q3 24
$905.0M
$1.0M
Q2 24
$267.7M
$0
Q1 24
$1.0B
Operating Margin
MKL
MKL
PSKY
PSKY
Q4 25
22.2%
Q3 25
25.7%
5.9%
Q2 25
24.1%
Q1 25
8.3%
Q4 24
15.5%
Q3 24
29.7%
5.0%
Q2 24
11.1%
Q1 24
29.9%
Net Margin
MKL
MKL
PSKY
PSKY
Q4 25
16.1%
Q3 25
19.1%
-0.3%
Q2 25
14.3%
Q1 25
3.6%
Q4 24
14.3%
Q3 24
19.6%
0.0%
Q2 24
7.2%
Q1 24
23.0%
EPS (diluted)
MKL
MKL
PSKY
PSKY
Q4 25
$48.22
Q3 25
$59.25
$-0.01
Q2 25
$49.67
$0.00
Q1 25
$12.08
$0.00
Q4 24
$39.02
Q3 24
$66.25
$0.00
Q2 24
$18.62
$0.00
Q1 24
$75.43

Balance Sheet & Financial Strength

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

Metric
MKL
MKL
PSKY
PSKY
Cash + ST InvestmentsLiquidity on hand
$4.0B
$3.3B
Total DebtLower is stronger
$4.3B
$13.3B
Stockholders' EquityBook value
$18.6B
$12.0B
Total Assets
$68.9B
$43.2B
Debt / EquityLower = less leverage
0.23×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKL
MKL
PSKY
PSKY
Q4 25
$4.0B
Q3 25
$4.0B
$3.3B
Q2 25
$3.7B
Q1 25
$4.2B
Q4 24
$3.7B
Q3 24
$3.9B
Q2 24
$3.5B
Q1 24
$3.6B
Total Debt
MKL
MKL
PSKY
PSKY
Q4 25
$4.3B
Q3 25
$4.3B
$13.3B
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
MKL
MKL
PSKY
PSKY
Q4 25
$18.6B
Q3 25
$18.0B
$12.0B
Q2 25
$17.3B
$0
Q1 25
$17.1B
$0
Q4 24
$16.9B
Q3 24
$17.0B
$17.1B
Q2 24
$15.9B
$0
Q1 24
$15.7B
Total Assets
MKL
MKL
PSKY
PSKY
Q4 25
$68.9B
Q3 25
$67.4B
$43.2B
Q2 25
$66.8B
$0
Q1 25
$64.6B
$0
Q4 24
$61.9B
Q3 24
$62.3B
Q2 24
$59.7B
Q1 24
$57.3B
Debt / Equity
MKL
MKL
PSKY
PSKY
Q4 25
0.23×
Q3 25
0.24×
1.11×
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
MKL
MKL
PSKY
PSKY
Operating Cash FlowLast quarter
$662.2M
$268.0M
Free Cash FlowOCF − Capex
$599.1M
$222.0M
FCF MarginFCF / Revenue
16.7%
5.4%
Capex IntensityCapex / Revenue
1.8%
1.1%
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
MKL
MKL
PSKY
PSKY
Q4 25
$662.2M
Q3 25
$1.2B
$268.0M
Q2 25
$504.4M
$0
Q1 25
$376.2M
$0
Q4 24
$493.9M
Q3 24
$890.8M
Q2 24
$578.6M
$0
Q1 24
$630.7M
Free Cash Flow
MKL
MKL
PSKY
PSKY
Q4 25
$599.1M
Q3 25
$1.2B
$222.0M
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
MKL
MKL
PSKY
PSKY
Q4 25
16.7%
Q3 25
29.6%
5.4%
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
MKL
MKL
PSKY
PSKY
Q4 25
1.8%
Q3 25
1.3%
1.1%
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
MKL
MKL
PSKY
PSKY
Q4 25
1.15×
Q3 25
1.62×
Q2 25
0.77×
Q1 25
3.09×
Q4 24
0.90×
Q3 24
0.98×
Q2 24
2.16×
Q1 24
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PSKY
PSKY

Affiliate And Subscription$2.0B49%
Advertising$1.3B31%
Licensing And Other$775.0M19%
Related Party$40.0M1%
Theatrical$39.0M1%

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