MERCURY GENERAL CORP MCY

Financials SIC 6331 - Fire, Marine & Casualty Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Insurance (except Life, Health, and Medical) Carriers › Direct Property and Casualty Insurance Carriers derived NYSE

Last close 102.85 2026-10-23
Market cap $5.70B 2026-06-30 share count
52-week range 74.29 - 113.06

Valuation FY2025 figures against the last close

P/S192.5x
P/E10.5x
P/FCF5.5x
EV/EBITDA—
Dividend yield1.2%
Diluted EPS9.77

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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 9.778.451.74-9.264.486.775.78-0.102.621.32
EPS, diluted 9.778.451.74-9.264.486.775.78-0.102.621.32
Shares, diluted (wtd. avg.) 55.4M55.4M55.4M55.4M55.4M55.4M55.4M55.3M55.3M55.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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 FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B 4B Revenue, FY2016: 3.2B Net income, FY2016: 73M Revenue, FY2017: 3.4B Gross profit, FY2017: 3.4B Net income, FY2017: 144.9M Revenue, FY2018: 16M Gross profit, FY2018: 5.5M Net income, FY2018: -5.7M Revenue, FY2019: 16.3M Gross profit, FY2019: 5.8M Net income, FY2019: 320.1M Revenue, FY2020: 18M Gross profit, FY2020: 6.2M Net income, FY2020: 374.6M Revenue, FY2021: 20.2M Gross profit, FY2021: 7.4M Net income, FY2021: 247.9M Revenue, FY2022: 18.2M Gross profit, FY2022: 7.2M Net income, FY2022: -512.7M Revenue, FY2023: 20.8M Gross profit, FY2023: 9.4M Net income, FY2023: 96.3M Revenue, FY2024: 25.2M Gross profit, FY2024: 11.8M Net income, FY2024: 468M Revenue, FY2025: 29.6M Gross profit, FY2025: 14.4M Net income, FY2025: 541.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.23B $3.42B $16.0M $16.3M $18.0M $20.2M $18.2M $20.8M $25.2M $29.6M
Gross profit — $3.41B $5.5M $5.8M $6.2M $7.4M $7.2M $9.4M $11.8M $14.4M
Net income $73.0M $144.9M -$5.7M $320.1M $374.6M $247.9M -$512.7M $96.3M $468.0M $541.1M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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