MERCURY GENERAL CORP MCY
Last close
104.53
2026-09-04
Market cap
$5.79B
2026-06-30 share count
52-week range
74.29 - 113.06
Valuation FY2025 figures against the last close
P/S195.6x
P/E10.7x
P/FCF5.6x
EV/EBITDA—
Dividend yield1.2%
Diluted EPS9.77
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.6M | $25.2M | $20.8M | $18.2M | $20.2M | $18.0M | $16.3M | $16.0M | $3.42B | $3.23B |
| Cost of revenue | $15.2M | $13.4M | $11.4M | $11.0M | $12.8M | $11.8M | $10.5M | $10.5M | $10.2M | — |
| Gross profit | $14.4M | $11.8M | $9.4M | $7.2M | $7.4M | $6.2M | $5.8M | $5.5M | $3.41B | — |
| Interest expense | — | — | $24.2M | $17.2M | $17.1M | $17.0M | $17.0M | $17.0M | $15.2M | $4.0M |
| Pre-tax income | $663.6M | $574.9M | $99.4M | -$670.7M | $299.3M | $458.5M | $378.1M | -$30.6M | $167.1M | $70.7M |
| Income tax | $122.6M | $106.9M | $3.1M | $158.0M | $51.4M | $83.9M | $58.0M | $24.9M | $22.2M | $2.3M |
| Net income | $541.1M | $468.0M | $96.3M | -$512.7M | $247.9M | $374.6M | $320.1M | -$5.7M | $144.9M | $73.0M |
| EPS, basic | 9.77 | 8.45 | 1.74 | -9.26 | 4.48 | 6.77 | 5.78 | -0.10 | 2.62 | 1.32 |
| EPS, diluted | 9.77 | 8.45 | 1.74 | -9.26 | 4.48 | 6.77 | 5.78 | -0.10 | 2.62 | 1.32 |
| Shares, diluted (wtd. avg.) | $55.4M | $55.4M | $55.4M | $55.4M | $55.4M | $55.4M | $55.4M | $55.3M | $55.3M | $55.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.32B | $720.3M | $550.9M | $289.8M | $335.6M | $348.5M | $294.4M | $314.3M | $291.4M | — |
| Short-term investments | — | — | — | — | — | $375.6M | $494.1M | $253.3M | $302.7M | $375.7M |
| Property, plant and equipment | $146.9M | $138.2M | $151.2M | $171.4M | $191.3M | $178.9M | $169.0M | $153.0M | $145.2M | $155.9M |
| Goodwill | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M | $42.8M |
| Other intangibles | $6.8M | $7.7M | $8.3M | $9.2M | $10.3M | $11.3M | $10.6M | $15.5M | $20.7M | $25.6M |
| Total assets | $9.56B | $8.31B | $7.10B | $6.51B | $6.77B | $6.33B | $5.89B | $5.43B | $5.10B | $4.79B |
| Long-term debt | $575.0M | $575.0M | $575.0M | $400.0M | $375.0M | $375.0M | $375.0M | $375.0M | $375.0M | — |
| Total liabilities | $7.14B | $6.36B | $5.56B | $4.99B | $4.63B | $4.30B | $4.09B | $3.82B | $3.34B | $3.04B |
| Retained earnings | $2.32B | $1.85B | $1.45B | $1.42B | $2.04B | $1.93B | $1.70B | $1.52B | $1.66B | $1.66B |
| Total equity | $2.42B | $1.95B | $1.55B | $1.52B | $2.14B | $2.03B | $1.80B | $1.62B | $1.76B | $1.75B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.09B | $1.04B | $453.0M | $352.6M | $501.6M | $605.6M | $519.7M | $383.4M | $341.4M | $291.7M |
| Depreciation and amortisation | $75.0M | $73.4M | $72.2M | $82.4M | $79.1M | $68.5M | $64.7M | $58.8M | $55.3M | $53.3M |
| Stock-based compensation | — | — | — | — | $141.0K | $142.0K | $123.0K | $145.0K | $60.0K | $142.0K |
| Capital expenditure | $58.4M | $46.1M | $36.8M | $35.5M | $41.4M | $40.0M | $40.1M | $28.0M | $19.4M | $17.0M |
| Investing cash flow | -$420.2M | -$796.7M | -$295.5M | -$316.4M | -$373.7M | -$411.3M | -$401.2M | -$222.4M | -$185.6M | -$226.7M |
| Financing cash flow | -$71.7M | -$71.1M | $103.6M | -$82.0M | -$140.8M | -$140.2M | -$138.4M | -$138.1M | -$84.7M | -$108.9M |
| Dividends paid | $70.3M | $70.3M | $70.3M | $105.5M | $140.2M | $139.6M | $139.1M | $138.5M | $137.9M | $137.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000064996-26-000005.
Others in SIC 6331
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CB | Chubb Ltd | $132.49B | 13.3x | 6.5% |
| PGR | PROGRESSIVE CORP/OH/ | $127.29B | 11.4x | 16.3% |
| TRV | TRAVELERS COMPANIES, INC. | $77.04B | 13.5x | 5.2% |
| ALL | ALLSTATE CORP | $65.63B | 6.8x | 5.6% |
| AIG | AMERICAN INTERNATIONAL GROUP, INC. | $39.85B | 14.0x | -1.7% |
| HIG | HARTFORD INSURANCE GROUP, INC. | $37.48B | 10.4x | 3.3% |
| ACGL | ARCH CAPITAL GROUP LTD. | $33.47B | 8.5x | 14.3% |
| CINF | CINCINNATI FINANCIAL CORP | $26.26B | 11.3x | 11.4% |