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Side-by-side financial comparison of MARKEL GROUP INC. (MKL) and Roper Technologies (ROP). Click either name above to swap in a different company.
MARKEL GROUP INC. is the larger business by last-quarter revenue ($3.6B vs $2.1B, roughly 1.7× Roper Technologies). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 15.8%, a 0.3% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs -6.9%). MARKEL GROUP INC. produced more free cash flow last quarter ($599.1M vs $507.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs -10.5%).
MARKEL GROUP INC.MKLEarnings & Financial Report
Markel Group Inc. is a group of companies headquartered in Richmond, Virginia, and originally founded in 1930 as an insurance company.
Roper Technologies, Inc. is a holding company that owns companies in the technology sector.
MKL vs ROP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $2.1B |
| Net Profit | $576.8M | $331.0M |
| Gross Margin | — | 69.4% |
| Operating Margin | 22.2% | 27.2% |
| Net Margin | 16.1% | 15.8% |
| Revenue YoY | -6.9% | 11.3% |
| Net Profit YoY | 5.0% | 842.6% |
| EPS (diluted) | $48.22 | $4.87 |
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.
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.6B | $2.1B | ||
| Q3 25 | $3.9B | $2.0B | ||
| Q2 25 | $4.6B | $1.9B | ||
| Q1 25 | $3.4B | $1.9B | ||
| Q4 24 | $3.8B | $1.9B | ||
| Q3 24 | $4.6B | $1.8B | ||
| Q2 24 | $3.7B | $1.7B |
| Q1 26 | — | $331.0M | ||
| Q4 25 | $576.8M | $428.4M | ||
| Q3 25 | $751.3M | $398.5M | ||
| Q2 25 | $657.1M | $378.3M | ||
| Q1 25 | $121.7M | $331.1M | ||
| Q4 24 | $549.2M | $462.3M | ||
| Q3 24 | $905.0M | $367.9M | ||
| Q2 24 | $267.7M | $337.1M |
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 69.2% | ||
| Q2 24 | — | 69.5% |
| Q1 26 | — | 27.2% | ||
| Q4 25 | 22.2% | 28.6% | ||
| Q3 25 | 25.7% | 28.4% | ||
| Q2 25 | 24.1% | 28.2% | ||
| Q1 25 | 8.3% | 27.9% | ||
| Q4 24 | 15.5% | 28.0% | ||
| Q3 24 | 29.7% | 28.1% | ||
| Q2 24 | 11.1% | 28.8% |
| Q1 26 | — | 15.8% | ||
| Q4 25 | 16.1% | 20.8% | ||
| Q3 25 | 19.1% | 19.8% | ||
| Q2 25 | 14.3% | 19.5% | ||
| Q1 25 | 3.6% | 17.6% | ||
| Q4 24 | 14.3% | 24.6% | ||
| Q3 24 | 19.6% | 20.8% | ||
| Q2 24 | 7.2% | 19.6% |
| Q1 26 | — | $4.87 | ||
| Q4 25 | $48.22 | $3.97 | ||
| Q3 25 | $59.25 | $3.68 | ||
| Q2 25 | $49.67 | $3.49 | ||
| Q1 25 | $12.08 | $3.06 | ||
| Q4 24 | $39.02 | $4.29 | ||
| Q3 24 | $66.25 | $3.40 | ||
| Q2 24 | $18.62 | $3.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.0B | $382.9M |
| Total DebtLower is stronger | $4.3B | $9.7B |
| Stockholders' EquityBook value | $18.6B | $18.8B |
| Total Assets | $68.9B | $34.6B |
| Debt / EquityLower = less leverage | 0.23× | 0.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $382.9M | ||
| Q4 25 | $4.0B | $297.4M | ||
| Q3 25 | $4.0B | $320.0M | ||
| Q2 25 | $3.7B | $242.4M | ||
| Q1 25 | $4.2B | $372.8M | ||
| Q4 24 | $3.7B | $188.2M | ||
| Q3 24 | $3.9B | $269.6M | ||
| Q2 24 | $3.5B | $251.5M |
| Q1 26 | — | $9.7B | ||
| Q4 25 | $4.3B | $9.3B | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | $7.6B | ||
| Q3 24 | $4.4B | — | ||
| Q2 24 | $4.4B | — |
| Q1 26 | — | $18.8B | ||
| Q4 25 | $18.6B | $19.9B | ||
| Q3 25 | $18.0B | $20.0B | ||
| Q2 25 | $17.3B | $19.6B | ||
| Q1 25 | $17.1B | $19.2B | ||
| Q4 24 | $16.9B | $18.9B | ||
| Q3 24 | $17.0B | $18.5B | ||
| Q2 24 | $15.9B | $18.1B |
| Q1 26 | — | $34.6B | ||
| Q4 25 | $68.9B | $34.6B | ||
| Q3 25 | $67.4B | $34.6B | ||
| Q2 25 | $66.8B | $33.2B | ||
| Q1 25 | $64.6B | $31.4B | ||
| Q4 24 | $61.9B | $31.3B | ||
| Q3 24 | $62.3B | $31.6B | ||
| Q2 24 | $59.7B | $29.8B |
| Q1 26 | — | 0.52× | ||
| Q4 25 | 0.23× | 0.47× | ||
| Q3 25 | 0.24× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 0.26× | 0.40× | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $662.2M | — |
| Free Cash FlowOCF − Capex | $599.1M | $507.0M |
| FCF MarginFCF / Revenue | 16.7% | 24.2% |
| Capex IntensityCapex / Revenue | 1.8% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $662.2M | $738.0M | ||
| Q3 25 | $1.2B | $869.5M | ||
| Q2 25 | $504.4M | $404.1M | ||
| Q1 25 | $376.2M | $528.7M | ||
| Q4 24 | $493.9M | $722.2M | ||
| Q3 24 | $890.8M | $755.4M | ||
| Q2 24 | $578.6M | $384.1M |
| Q1 26 | — | $507.0M | ||
| 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 26 | — | 24.2% | ||
| 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 26 | — | 0.5% | ||
| 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 26 | — | — | ||
| Q4 25 | 1.15× | 1.72× | ||
| Q3 25 | 1.62× | 2.18× | ||
| Q2 25 | 0.77× | 1.07× | ||
| Q1 25 | 3.09× | 1.60× | ||
| Q4 24 | 0.90× | 1.56× | ||
| Q3 24 | 0.98× | 2.05× | ||
| Q2 24 | 2.16× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MKL
| Industrial | $1.6B | 45% |
| Consumer And Other | $958.3M | 27% |
| Financial | $737.0M | 21% |
| Other | $198.8M | 6% |
| Corporate Operations | $52.0M | 1% |
| Revenue From Contract With Customer | $10.5M | 0% |
ROP
Segment breakdown not available.
