CINF vs. MKL

Last updated Apr 2, 2026

Compare and contrast key facts about Cincinnati Financial Corporation (CINF) and Markel Corporation (MKL).

Performance

CINF vs. MKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cincinnati Financial Corporation (CINF) and Markel Corporation (MKL). The values are adjusted to include any dividend payments, if applicable.

CINF vs. MKL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CINF Cincinnati Financial Corporation	-2.90%	16.27%	42.48%	4.00%	-7.89%	33.28%	-14.15%	38.87%	6.25%	2.34%
MKL Markel Corporation	-11.49%	24.53%	21.57%	7.77%	6.77%	19.42%	-9.61%	10.13%	-8.87%	25.94%

Fundamentals

EPS CINF : $22.75 MKL : $169.50
PE Ratio CINF : 6.93 MKL : 11.22
PEG Ratio CINF : 0.30 MKL : 0.20
PS Ratio CINF : 1.31 MKL : 1.45
Total Revenue (TTM) CINF : $12.63B MKL : $16.34B
Gross Profit (TTM) CINF : $4.37B MKL : $9.30B
EBITDA (TTM) CINF : $2.31B MKL : $3.08B

Returns By Period

In the year-to-date period, CINF achieves a -2.90% return, which is significantly higher than MKL's -11.49% return. Over the past 10 years, CINF has outperformed MKL with an annualized return of 12.05%, while MKL has yielded a comparatively lower 7.73% annualized return.

CINF

• 1D: 0.20%
• 1M: -6.70%
• YTD: -2.90%
• 6M: -0.23%
• 1Y: 9.38%
• 3Y*: 14.92%
• 5Y*: 11.37%
• 10Y*: 12.05%

MKL

• 1D: -0.60%
• 1M: -8.56%
• YTD: -11.49%
• 6M: 0.91%
• 1Y: 2.30%
• 3Y*: 14.20%
• 5Y*: 10.46%
• 10Y*: 7.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CINF vs. MKL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CINF

CINF Risk / Return Rank: 53
CINF Sharpe Ratio Rank: 55
CINF Sortino Ratio Rank: 46
CINF Omega Ratio Rank: 46
CINF Calmar Ratio Rank: 56
CINF Martin Ratio Rank: 60

MKL

MKL Risk / Return Rank: 41
MKL Sharpe Ratio Rank: 44
MKL Sortino Ratio Rank: 36
MKL Omega Ratio Rank: 36
MKL Calmar Ratio Rank: 44
MKL Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CINF vs. MKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cincinnati Financial Corporation (CINF) and Markel Corporation (MKL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CINF	MKL	Difference
Sharpe ratio Return per unit of total volatility	0.40	0.11	+0.29
Sortino ratio Return per unit of downside risk	0.69	0.31	+0.38
Omega ratio Gain probability vs. loss probability	1.09	1.04	+0.05
Calmar ratio Return relative to maximum drawdown	0.65	0.12	+0.53
Martin ratio Return relative to average drawdown	2.07	0.34	+1.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CINF vs. MKL - Sharpe Ratio Comparison

The current CINF Sharpe Ratio is 0.40, which is higher than the MKL Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of CINF and MKL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CINF	MKL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.11	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.47	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.31	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.47	-0.05

Correlation

The correlation between CINF and MKL is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CINF vs. MKL - Dividend Comparison

CINF's dividend yield for the trailing twelve months is around 2.25%, while MKL has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CINF Cincinnati Financial Corporation	2.25%	2.13%	2.25%	2.90%	2.70%	2.21%	2.75%	2.13%	2.74%	3.33%	2.53%	3.89%
MKL Markel Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CINF vs. MKL - Drawdown Comparison

The maximum CINF drawdown since its inception was -59.64%, roughly equal to the maximum MKL drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for CINF and MKL.

Drawdown Indicators

	CINF	MKL	Difference
Max Drawdown Largest peak-to-trough decline	-59.64%	-61.32%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-14.22%	-14.81%	+0.59%
Max Drawdown (5Y) Largest decline over 5 years	-35.77%	-28.87%	-6.90%
Max Drawdown (10Y) Largest decline over 10 years	-58.12%	-44.66%	-13.46%
Current Drawdown Current decline from peak	-8.14%	-13.20%	+5.06%
Average Drawdown Average peak-to-trough decline	-12.23%	-11.37%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	5.26%	-0.82%

Volatility

CINF vs. MKL - Volatility Comparison

Cincinnati Financial Corporation (CINF) has a higher volatility of 5.86% compared to Markel Corporation (MKL) at 4.91%. This indicates that CINF's price experiences larger fluctuations and is considered to be riskier than MKL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CINF	MKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	4.91%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	14.29%	12.30%	+1.99%
Volatility (1Y) Calculated over the trailing 1-year period	23.60%	20.28%	+3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	22.24%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.78%	25.15%	+3.63%

Financials

CINF vs. MKL - Profitability Comparison

The chart below illustrates the profitability comparison between Cincinnati Financial Corporation and Markel Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CINF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cincinnati Financial Corporation reported a gross profit of 0.00 and revenue of 3.09B. Therefore, the gross margin over that period was 0.0%.

MKL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Markel Corporation reported a gross profit of 2.94B and revenue of 4.22B. Therefore, the gross margin over that period was 69.6%.

CINF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cincinnati Financial Corporation reported an operating income of 0.00 and revenue of 3.09B, resulting in an operating margin of 0.0%.

MKL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Markel Corporation reported an operating income of 734.16M and revenue of 4.22B, resulting in an operating margin of 17.4%.

CINF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cincinnati Financial Corporation reported a net income of 676.00M and revenue of 3.09B, resulting in a net margin of 21.9%.

MKL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Markel Corporation reported a net income of 576.81M and revenue of 4.22B, resulting in a net margin of 13.7%.