• Markel Group average net profit margin for 2023 was 9.89%, a 238.7% increase from 2022.
• Markel Group average net profit margin for 2022 was 2.92%, a 85.57% increase from 2021.
• Markel Group average net profit margin for 2021 was 20.24%, a 484.97% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.