See more : Nederman Holding AB (publ) (NHOXF) 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 |
Mercury General (MCY) is a Great Momentum Stock: Should You Buy?
Does Mercury General (MCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Mercury's new added protection comes with environmentally friendly perks, while discounts put hard-earned money back in the pockets of policyholders LOS ANGELES , April 2, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) today announces three new coverages and four new...
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Mercury Recognized by Publication for Its Workplace Culture for the Fifth Time LOS ANGELES , March 12, 2024 /PRNewswire/ -- Forbes Magazine has named Mercury Insurance as one of America's best mid-sized employers for 2024, the fifth time the company has been recognized...
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Award Recognizes Mercury's Foundational Embrace of Diversity, Equity and Inclusion LOS ANGELES , Feb. 27, 2024 /PRNewswire/ -- Mercury Insurance has been named by Newsweek, in conjunction with market data research firm Plant-A Insights, as one of America's Greatest Workplaces...
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