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MARKEL GROUP INC.（MKL）とHANOVER INSURANCE GROUP, INC.（THG）の財務データ比較。上の社名をクリックして会社を切り替えられます
MARKEL GROUP INC.の直近四半期売上が大きい（$3.6B vs $1.7B、HANOVER INSURANCE GROUP, INC.の約2.1倍）。MARKEL GROUP INC.の純利益率が高く（16.1% vs 11.9%、差は4.3%）。HANOVER INSURANCE GROUP, INC.の前年同期比売上増加率が高い（5.5% vs -6.9%）。MARKEL GROUP INC.の直近四半期フリーキャッシュフローが多い（$599.1M vs $377.0M）。過去8四半期でHANOVER INSURANCE GROUP, INC.の売上複合成長率が高い（3.8% vs -10.5%）
マーケルグループ・インクはアメリカ合衆国バージニア州リッチモンドに本社を置く企業グループで、1930年に保険会社として設立されました。現在は保険事業を軸に投資事業など多角的に事業を展開し、世界の関連業界で高い評価を得ています。
ハノーバー保険グループは米国マサチューセッツ州ウースターに本社を置く保険会社です。1852年に損害保険会社として設立され、原名で上場を続けていましたが、1990年代初頭にオルメリカ損害保険会社に社名を変更しました。
MKL vs THG — 直接比較
損益計算書 — Q4 FY2025 vs Q4 FY2025
| 指標 | | |
|---|---|---|
| 売上 | $3.6B | $1.7B |
| 純利益 | $576.8M | $198.5M |
| 粗利率 | — | — |
| 営業利益率 | 22.2% | 17.3% |
| 純利益率 | 16.1% | 11.9% |
| 売上前年比 | -6.9% | 5.5% |
| 純利益前年比 | 5.0% | 18.2% |
| EPS（希薄化後） | $48.22 | $5.46 |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
| Q4 25 | $3.6B | $1.7B | ||
| Q3 25 | $3.9B | $1.7B | ||
| Q2 25 | $4.6B | $1.7B | ||
| Q1 25 | $3.4B | $1.6B | ||
| Q4 24 | $3.8B | $1.6B | ||
| Q3 24 | $4.6B | $1.6B | ||
| Q2 24 | $3.7B | $1.5B | ||
| Q1 24 | $4.5B | $1.6B |
| Q4 25 | $576.8M | $198.5M | ||
| Q3 25 | $751.3M | $178.7M | ||
| Q2 25 | $657.1M | $157.1M | ||
| Q1 25 | $121.7M | $128.2M | ||
| Q4 24 | $549.2M | $167.9M | ||
| Q3 24 | $905.0M | $102.1M | ||
| Q2 24 | $267.7M | $40.5M | ||
| Q1 24 | $1.0B | $115.5M |
| Q4 25 | 22.2% | 17.3% | ||
| Q3 25 | 25.7% | 14.9% | ||
| Q2 25 | 24.1% | 12.7% | ||
| Q1 25 | 8.3% | 11.6% | ||
| Q4 24 | 15.5% | 16.1% | ||
| Q3 24 | 29.7% | 9.6% | ||
| Q2 24 | 11.1% | 6.2% | ||
| Q1 24 | 29.9% | 9.7% |
| Q4 25 | 16.1% | 11.9% | ||
| Q3 25 | 19.1% | 10.7% | ||
| Q2 25 | 14.3% | 9.5% | ||
| Q1 25 | 3.6% | 8.0% | ||
| Q4 24 | 14.3% | 10.6% | ||
| Q3 24 | 19.6% | 6.5% | ||
| Q2 24 | 7.2% | 2.6% | ||
| Q1 24 | 23.0% | 7.4% |
| Q4 25 | $48.22 | $5.46 | ||
| Q3 25 | $59.25 | $4.90 | ||
| Q2 25 | $49.67 | $4.30 | ||
| Q1 25 | $12.08 | $3.50 | ||
| Q4 24 | $39.02 | $4.60 | ||
| Q3 24 | $66.25 | $2.80 | ||
| Q2 24 | $18.62 | $1.12 | ||
| Q1 24 | $75.43 | $3.18 |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $4.0B | $1.1B |
| 総負債低いほど良い | $4.3B | $843.3M |
| 株主資本純資産 | $18.6B | $3.6B |
| 総資産 | $68.9B | $16.9B |
| 負債/資本比率低いほどレバレッジが低い | 0.23× | 0.24× |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $4.0B | $1.1B | ||
| Q3 25 | $4.0B | $915.7M | ||
| Q2 25 | $3.7B | $244.1M | ||
| Q1 25 | $4.2B | $315.1M | ||
| Q4 24 | $3.7B | $435.5M | ||
| Q3 24 | $3.9B | $427.1M | ||
| Q2 24 | $3.5B | $337.6M | ||
| Q1 24 | $3.6B | $264.6M |
| Q4 25 | $4.3B | $843.3M | ||
| Q3 25 | $4.3B | $843.0M | ||
| Q2 25 | $4.4B | $347.8M | ||
| Q1 25 | $4.4B | $722.5M | ||
| Q4 24 | $4.3B | $722.3M | ||
| Q3 24 | $4.4B | — | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $3.9B | — |
| Q4 25 | $18.6B | $3.6B | ||
| Q3 25 | $18.0B | $3.4B | ||
| Q2 25 | $17.3B | $3.2B | ||
| Q1 25 | $17.1B | $3.0B | ||
| Q4 24 | $16.9B | $2.8B | ||
| Q3 24 | $17.0B | $2.9B | ||
| Q2 24 | $15.9B | $2.6B | ||
| Q1 24 | $15.7B | $2.5B |
| Q4 25 | $68.9B | $16.9B | ||
| Q3 25 | $67.4B | $16.8B | ||
| Q2 25 | $66.8B | $15.7B | ||
| Q1 25 | $64.6B | $15.5B | ||
| Q4 24 | $61.9B | $15.3B | ||
| Q3 24 | $62.3B | $15.4B | ||
| Q2 24 | $59.7B | $14.9B | ||
| Q1 24 | $57.3B | $14.6B |
| Q4 25 | 0.23× | 0.24× | ||
| Q3 25 | 0.24× | 0.25× | ||
| Q2 25 | 0.25× | 0.11× | ||
| Q1 25 | 0.26× | 0.24× | ||
| Q4 24 | 0.26× | 0.25× | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.28× | — | ||
| Q1 24 | 0.25× | — |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $662.2M | $378.2M |
| フリーキャッシュフロー営業CF - 設備投資 | $599.1M | $377.0M |
| FCFマージンFCF / 売上 | 16.7% | 22.6% |
| 設備投資強度設備投資 / 売上 | 1.8% | 0.1% |
| キャッシュ転換率営業CF / 純利益 | 1.15× | 1.91× |
| 直近12ヶ月FCF直近4四半期 | $2.6B | $1.2B |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $662.2M | $378.2M | ||
| Q3 25 | $1.2B | $554.4M | ||
| Q2 25 | $504.4M | $206.6M | ||
| Q1 25 | $376.2M | $38.9M | ||
| Q4 24 | $493.9M | $213.5M | ||
| Q3 24 | $890.8M | $394.7M | ||
| Q2 24 | $578.6M | $139.5M | ||
| Q1 24 | $630.7M | $58.7M |
| Q4 25 | $599.1M | $377.0M | ||
| Q3 25 | $1.2B | $551.4M | ||
| Q2 25 | $453.8M | $204.9M | ||
| Q1 25 | $335.5M | $37.1M | ||
| Q4 24 | $420.0M | $210.5M | ||
| Q3 24 | $838.9M | $392.3M | ||
| Q2 24 | $521.4M | $137.3M | ||
| Q1 24 | $558.7M | $56.1M |
| Q4 25 | 16.7% | 22.6% | ||
| Q3 25 | 29.6% | 33.1% | ||
| Q2 25 | 9.9% | 12.4% | ||
| Q1 25 | 9.9% | 2.3% | ||
| Q4 24 | 10.9% | 13.3% | ||
| Q3 24 | 18.2% | 25.1% | ||
| Q2 24 | 14.1% | 8.9% | ||
| Q1 24 | 12.5% | 3.6% |
| Q4 25 | 1.8% | 0.1% | ||
| Q3 25 | 1.3% | 0.2% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | 1.2% | 0.1% | ||
| Q4 24 | 1.9% | 0.2% | ||
| Q3 24 | 1.1% | 0.2% | ||
| Q2 24 | 1.5% | 0.1% | ||
| Q1 24 | 1.6% | 0.2% |
| Q4 25 | 1.15× | 1.91× | ||
| Q3 25 | 1.62× | 3.10× | ||
| Q2 25 | 0.77× | 1.32× | ||
| Q1 25 | 3.09× | 0.30× | ||
| Q4 24 | 0.90× | 1.27× | ||
| Q3 24 | 0.98× | 3.87× | ||
| Q2 24 | 2.16× | 3.44× | ||
| Q1 24 | 0.62× | 0.51× |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
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% |
THG
| Personal Lines Segment | $684.6M | 41% |
| Core Commercial Lines Segment | $617.8M | 37% |
| Specialty Lines Segment | $377.9M | 23% |
