See more : Customers Bancorp, Inc 5.375% S (CUBB) Income Statement Analysis – Financial Results
Complete financial analysis of Mercury General Corporation (MCY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mercury General Corporation, a leading company in the Insurance – Property & Casualty industry within the Financial Services sector.
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Mercury General Corporation (MCY)
Industry: Insurance - Property & Casualty
Sector: Financial Services
Website: https://www.mercuryinsurance.com
About Mercury General Corporation
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.63B | 3.64B | 3.99B | 3.78B | 3.97B | 3.38B | 3.42B | 3.23B | 3.01B | 3.01B | 2.82B | 2.78B | 2.78B | 2.78B | 3.12B | 5.71B | 3.18B | 3.17B | 2.99B | 2.67B | 2.27B | 1.79B | 1.51B | 1.37B | 1.28B | 1.22B | 1.13B | 824.96M | 683.68M | 577.20M | 533.80M | 515.30M | 529.50M | 529.30M | 523.70M | 454.60M | 370.60M | 261.80M | 145.70M |
| Cost of Revenue | 279.66M | 279.72M | 283.40M | 285.83M | 269.31M | 244.63M | 233.48M | 235.31M | 250.84M | 249.38M | 219.48M | 207.28M | 215.71M | 255.36M | 217.68M | 174.83M | 158.81M | 176.56M | 150.20M | 111.29M | 91.30M | 74.88M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 4.35B | 3.36B | 3.71B | 3.50B | 3.70B | 3.14B | 3.18B | 2.99B | 2.76B | 2.76B | 2.60B | 2.58B | 2.56B | 2.52B | 2.90B | 5.54B | 3.02B | 2.99B | 2.84B | 2.56B | 2.17B | 1.71B | 1.51B | 1.37B | 1.28B | 1.22B | 1.13B | 824.96M | 683.68M | 577.20M | 533.80M | 515.30M | 529.50M | 529.30M | 523.70M | 454.60M | 370.60M | 261.80M | 145.70M |
| Gross Profit Ratio | 93.96% | 92.32% | 92.90% | 92.45% | 93.22% | 92.76% | 93.17% | 92.71% | 91.66% | 91.72% | 92.22% | 92.55% | 92.23% | 90.80% | 93.03% | 96.94% | 95.00% | 94.43% | 94.98% | 95.83% | 95.97% | 95.81% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 12.77M | 16.93M | 17.35M | 17.51M | 17.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.40M | 7.40M | 7.10M | 5.80M | 5.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 8.90M | 11.80M | 50.10M | 37.70M | 42.20M | 40.90M | 37.40M | 39.60M | 44.00M | 23.00M | 20.00M | 19.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 21.67M | 28.73M | 67.45M | 55.21M | 59.54M | 40.90M | 37.40M | 39.60M | 44.00M | 23.00M | 20.00M | 19.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.40M | 7.40M | 7.10M | 5.80M | 5.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 4.63B | 279.72M | -3.70B | -3.33B | -3.60B | -3.39B | -3.00B | -2.92B | -2.68B | -2.51B | -2.47B | -2.44B | -2.31B | -2.33B | -2.33B | -5.98B | -2.70B | -2.67B | -2.48B | -2.14B | -1.93B | -1.65B | -1.37B | -1.23B | -1.11B | -982.04M | -913.17M | -686.37M | -567.36M | -493.80M | -415.90M | -413.50M | -452.80M | -478.50M | -490.10M | -422.30M | -351.00M | -248.40M | -129.50M |
| Operating Expenses | 4.63B | 279.72M | -3.70B | -3.33B | -3.60B | -3.39B | -3.00B | -2.92B | -2.68B | -2.51B | -2.47B | -2.44B | -2.31B | -2.33B | -2.33B | -5.98B | -2.70B | -2.67B | -2.48B | -2.14B | -1.93B | -1.65B | -1.37B | -1.23B | -1.11B | -982.04M | -913.17M | -686.37M | -567.36M | -493.80M | -407.50M | -406.10M | -445.70M | -472.70M | -484.80M | -422.30M | -351.00M | -248.40M | -129.50M |
| Cost & Expenses | 4.63B | 4.31B | 3.69B | 3.33B | 3.59B | 3.41B | 3.25B | 3.16B | 2.94B | 2.76B | 2.69B | 2.65B | 2.53B | 2.59B | 2.55B | 2.87B | 2.86B | 2.86B | 2.64B | 2.26B | 2.02B | 1.73B | 1.38B | 1.24B | 1.11B | 986.84M | 918.17M | 688.37M | 569.36M | 113.70M | 108.90M | 103.30M | 107.60M | 110.20M | 106.60M | 2.50M | 1.90M | 200.00K | 400.00K |
| Interest Income | 0.00 | 17.23M | 17.11M | 17.05M | 17.04M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 24.17M | 17.23M | 17.11M | 17.05M | 17.04M | 17.04M | 15.17M | 3.96M | 3.17M | 2.64M | 1.26M | 1.54M | 5.55M | 6.81M | 6.73M | 4.97M | 8.59M | 9.18M | 7.22M | 4.22M | 3.06M | 4.10M | 7.73M | 7.29M | 5.00M | 4.80M | 5.00M | 2.00M | 2.00M | 1.00M | 800.00K | 1.20M | 1.60M | 2.00M | 2.20M | 2.50M | 1.90M | 200.00K | 400.00K |
| Depreciation & Amortization | 72.24M | 82.39M | 79.06M | 68.46M | 64.73M | 58.79M | 55.34M | 26.39M | 26.48M | 28.05M | 30.59M | 36.97M | 40.66M | 40.74M | 35.69M | 27.04M | 26.32M | 24.26M | 18.78M | 16.19M | 16.13M | 10.23M | 8.48M | 6.93M | 6.90M | 5.44M | 5.16M | 4.07M | 3.74M | 5.00M | 5.70M | 2.20M | 2.60M | 2.70M | 2.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 195.84M | -571.09M | 395.48M | 544.01M | 459.83M | 45.21M | 3.38B | 3.05B | 2.81B | 3.02B | 2.75B | 173.83M | 291.31M | 229.93M | 613.96M | -418.86M | 349.95M | 345.85M | 378.64M | 428.26M | 264.98M | 75.00M | 141.01M | 142.77M | 180.44M | 245.52M | 219.94M | 142.66M | 120.06M | 6.00M | 6.50M | 3.40M | 4.20M | 4.70M | 4.70M | 32.30M | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 4.23% | -7.47% | 9.22% | 13.71% | 10.92% | 1.34% | 6.96% | 3.13% | 3.33% | 9.23% | 5.81% | 6.25% | 10.49% | 8.28% | 19.67% | -7.34% | 11.01% | 10.91% | 12.66% | 16.05% | 11.70% | 4.20% | 9.36% | 10.45% | 14.09% | 20.09% | 19.50% | 17.29% | 17.56% | 15.32% | 24.73% | 21.62% | 16.32% | 11.20% | 7.91% | 7.11% | 5.29% | 5.12% | 11.12% |
| Operating Income | 0.00 | -354.63M | 289.28M | 450.21M | 369.03M | -13.58M | 182.25M | 74.69M | 73.74M | 250.06M | 133.36M | 136.85M | 250.65M | 189.20M | 578.27M | -445.90M | 323.63M | 321.59M | 359.86M | 412.07M | 248.86M | 64.77M | 132.54M | 135.85M | 173.54M | 240.08M | 214.78M | 138.59M | 116.32M | 83.40M | 126.30M | 109.20M | 83.80M | 56.60M | 38.90M | 32.30M | 19.60M | 13.40M | 16.20M |
| Operating Income Ratio | 0.00% | -9.73% | 7.24% | 11.90% | 9.29% | -0.40% | 5.34% | 2.31% | 2.45% | 8.30% | 4.73% | 4.92% | 9.02% | 6.82% | 18.53% | -7.81% | 10.18% | 10.15% | 12.03% | 15.44% | 10.98% | 3.63% | 8.79% | 9.94% | 13.55% | 19.64% | 19.04% | 16.80% | 17.01% | 14.45% | 23.66% | 21.19% | 15.83% | 10.69% | 7.43% | 7.11% | 5.29% | 5.12% | 11.12% |
| Total Other Income/Expenses | 99.43M | -670.72M | -3.63B | -3.27B | -3.53B | -30.62M | -2.98B | -2.88B | -2.64B | -2.49B | -2.45B | -976.00K | -5.55M | -6.81M | -6.73M | -4.97M | -31.29M | -14.18M | -9.42M | -5.12M | -3.06M | -4.10M | 124.81M | 128.56M | 168.54M | 235.28M | 209.78M | 136.59M | 114.32M | 47.80M | 59.70M | 59.80M | 56.00M | 52.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 99.43M | -670.72M | 299.31M | 458.50M | 378.07M | -30.62M | 167.09M | 70.72M | 70.57M | 247.43M | 132.10M | 135.31M | 245.10M | 182.39M | 571.54M | -450.86M | 315.04M | 312.41M | 352.64M | 407.84M | 245.80M | 60.67M | 124.81M | 128.56M | 168.54M | 235.28M | 209.78M | 136.59M | 114.32M | 131.20M | 186.00M | 169.00M | 139.80M | 108.60M | 90.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 2.15% | -18.41% | 7.50% | 12.12% | 9.52% | -0.91% | 4.89% | 2.19% | 2.34% | 8.22% | 4.68% | 4.86% | 8.83% | 6.57% | 18.31% | -7.90% | 9.91% | 9.86% | 11.79% | 15.29% | 10.85% | 3.40% | 8.28% | 9.41% | 13.16% | 19.25% | 18.60% | 16.56% | 16.72% | 22.73% | 34.84% | 32.80% | 26.40% | 20.52% | 17.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 3.09M | -158.04M | 51.37M | 83.89M | 57.98M | -24.89M | 22.21M | -2.32M | -3.91M | 69.48M | 19.95M | 18.40M | 53.94M | 30.19M | 168.47M | -208.74M | 77.20M | 97.59M | 99.38M | 121.64M | 61.48M | -5.44M | 19.47M | 19.19M | 34.83M | 57.75M | 53.47M | 30.83M | 24.02M | 16.10M | 29.30M | 24.70M | 16.70M | 3.00M | 2.80M | -29.80M | -2.90M | -1.00M | 2.80M |
| Net Income | 96.34M | -512.67M | 247.94M | 374.61M | 320.09M | -5.73M | 144.88M | 73.04M | 74.48M | 177.95M | 112.14M | 116.91M | 191.16M | 152.20M | 403.07M | -242.12M | 237.83M | 214.82M | 253.26M | 286.21M | 184.32M | 66.11M | 105.34M | 109.37M | 133.71M | 177.53M | 156.31M | 105.76M | 90.30M | 66.30M | 96.20M | 83.30M | 65.50M | 51.60M | 33.90M | 29.80M | 20.60M | 14.20M | 13.00M |
| Net Income Ratio | 2.08% | -14.07% | 6.21% | 9.90% | 8.06% | -0.17% | 4.24% | 2.26% | 2.47% | 5.91% | 3.98% | 4.20% | 6.88% | 5.48% | 12.91% | -4.24% | 7.48% | 6.78% | 8.46% | 10.73% | 8.14% | 3.70% | 6.99% | 8.01% | 10.44% | 14.53% | 13.86% | 12.82% | 13.21% | 11.49% | 18.02% | 16.17% | 12.37% | 9.75% | 6.47% | 6.56% | 5.56% | 5.42% | 8.92% |
| EPS | 1.74 | -9.26 | 4.48 | 6.77 | 5.78 | -0.10 | 2.62 | 1.32 | 1.35 | 3.23 | 2.04 | 2.13 | 3.49 | 2.78 | 7.36 | -4.42 | 4.35 | 3.93 | 4.64 | 5.25 | 3.39 | 1.22 | 1.94 | 2.02 | 2.45 | 3.23 | 2.84 | 1.93 | 1.66 | 1.22 | 1.76 | 1.53 | 1.21 | 0.96 | 0.63 | 0.56 | 0.40 | 0.31 | 0.28 |
| EPS Diluted | 1.74 | -9.26 | 4.48 | 6.77 | 5.78 | -0.10 | 2.62 | 1.32 | 1.35 | 3.23 | 2.04 | 2.13 | 3.49 | 2.78 | 7.32 | -4.41 | 4.34 | 3.92 | 4.63 | 5.24 | 3.38 | 1.21 | 1.94 | 2.02 | 2.44 | 3.21 | 2.82 | 1.93 | 1.66 | 1.21 | 1.75 | 1.53 | 1.21 | 0.96 | 0.63 | 0.56 | 0.40 | 0.31 | 0.28 |
| Weighted Avg Shares Out | 55.37M | 55.37M | 55.37M | 55.36M | 55.35M | 55.34M | 55.32M | 55.25M | 55.16M | 55.01M | 54.95M | 54.90M | 54.83M | 54.79M | 54.77M | 54.74M | 54.70M | 54.66M | 54.58M | 54.52M | 54.37M | 54.18M | 54.30M | 54.14M | 54.58M | 54.96M | 55.04M | 54.80M | 54.56M | 54.34M | 54.66M | 54.44M | 54.13M | 53.75M | 53.81M | 53.21M | 51.50M | 45.81M | 46.43M |
| Weighted Avg Shares Out (Dil) | 55.37M | 55.37M | 55.37M | 55.36M | 55.36M | 55.34M | 55.33M | 55.30M | 55.21M | 55.02M | 54.96M | 54.92M | 54.85M | 54.83M | 55.09M | 54.92M | 54.83M | 54.80M | 54.70M | 54.62M | 54.53M | 54.63M | 54.30M | 54.14M | 54.80M | 55.30M | 55.43M | 54.96M | 54.63M | 54.79M | 54.97M | 54.44M | 54.13M | 53.75M | 53.81M | 53.21M | 51.50M | 45.81M | 46.43M |
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MERCURY GENERAL CORPORATION TO REPORT THIRD QUARTER RESULTS ON OCTOBER 29, 2024
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Mercury Insurance is Ready to Assist Florida Policyholders Impacted by Hurricane Helene
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene across the Florida Panhandle...
Mercury Insurance is Ready to Assist Georgia Policyholders Impacted by Hurricane Helene
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene in Georgia.
Source: https://incomestatements.info
Category: Stock Reports