InsiderClue
Stocks · Financials · Fire, Marine & Casualty Insurance

MERCURY GENERAL CORP

MCY Clue Score79
United States Fiscal year ends December CIK 0000064996
$102.75 +0.45% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $102.75 +82.08% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue3,227.7Net income73.0EPS, diluted1.32Fiscal year 2017Revenue3,416.0 +5.8%Net income144.9 +98.3%EPS, diluted2.62 +98.5%Fiscal year 2018Revenue3,380.0 −1.1%Net income−5.7 −104.0%EPS, diluted−0.10 −103.8%Fiscal year 2019Revenue3,972.5 +17.5%Net income320.1EPS, diluted5.78Fiscal year 2020Revenue3,784.5 −4.7%Net income374.6 +17.0%EPS, diluted6.77 +17.1%Fiscal year 2021Revenue3,993.4 +5.5%Net income247.9 −33.8%EPS, diluted4.48 −33.8%Fiscal year 2022Revenue3,643.1 −8.8%Net income−512.7 −306.8%EPS, diluted−9.26 −306.7%Fiscal year 2023Revenue4,629.6 +27.1%Net income96.3EPS, diluted1.74Fiscal year 2024Revenue5,475.6 +18.3%Net income468.0 +385.8%EPS, diluted8.45 +385.6%Fiscal year 2025Revenue5,992.5 +9.4%Net income541.1 +15.6%EPS, diluted9.77 +15.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3,227.7 3,416.0 3,380.0 3,972.5 3,784.5 3,993.4 3,643.1 4,629.6 5,475.6 5,992.5
Growth +5.8% −1.1% +17.5% −4.7% +5.5% −8.8% +27.1% +18.3% +9.4%
Net income 73.0 144.9 −5.7 320.1 374.6 247.9 −512.7 96.3 468.0 541.1
Growth +98.3% −104.0% +17.0% −33.8% −306.8% +385.8% +15.6%
EPS, diluted 1.32 2.62 −0.10 5.78 6.77 4.48 −9.26 1.74 8.45 9.77
Growth +98.5% −103.8% +17.1% −33.8% −306.7% +385.6% +15.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin2.3%Free cash flow margin8.5%Fiscal year 2017Net margin4.2%Free cash flow margin9.4%Fiscal year 2018Net margin−0.2%Free cash flow margin10.5%Fiscal year 2019Net margin8.1%Free cash flow margin12.1%Fiscal year 2020Net margin9.9%Free cash flow margin14.9%Fiscal year 2021Net margin6.2%Free cash flow margin11.5%Fiscal year 2022Net margin−14.1%Free cash flow margin8.7%Fiscal year 2023Net margin2.1%Free cash flow margin9.0%Fiscal year 2024Net margin8.5%Free cash flow margin18.1%Fiscal year 2025Net margin9.0%Free cash flow margin17.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 2.3% 4.2% −0.2% 8.1% 9.9% 6.2% −14.1% 2.1% 8.5% 9.0%
Free cash flow margin 8.5% 9.4% 10.5% 12.1% 14.9% 11.5% 8.7% 9.0% 18.1% 17.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow291.7Capital expenditure−17.0Free cash flow274.7Dividends paid−137.2Fiscal year 2017Operating cash flow341.4Capital expenditure−19.4Free cash flow322.0 +17.2%Dividends paid−137.9Fiscal year 2018Operating cash flow383.4Capital expenditure−28.0Free cash flow355.5 +10.4%Dividends paid−138.5Fiscal year 2019Operating cash flow519.7Capital expenditure−40.1Free cash flow479.6 +34.9%Dividends paid−139.1Fiscal year 2020Operating cash flow605.6Capital expenditure−40.0Free cash flow565.7 +17.9%Dividends paid−139.6Fiscal year 2021Operating cash flow501.6Capital expenditure−41.4Free cash flow460.1 −18.7%Dividends paid−140.2Fiscal year 2022Operating cash flow352.6Capital expenditure−35.5Free cash flow317.1 −31.1%Dividends paid−105.5Fiscal year 2023Operating cash flow453.0Capital expenditure−36.8Free cash flow416.2 +31.3%Dividends paid−70.3Fiscal year 2024Operating cash flow1,037.1Capital expenditure−46.1Free cash flow991.0 +138.1%Dividends paid−70.3Fiscal year 2025Operating cash flow1,087.2Capital expenditure−58.4Free cash flow1,028.8 +3.8%Dividends paid−70.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 291.7 341.4 383.4 519.7 605.6 501.6 352.6 453.0 1,037.1 1,087.2
Capital expenditure −17.0 −19.4 −28.0 −40.1 −40.0 −41.4 −35.5 −36.8 −46.1 −58.4
Free cash flow 274.7 322.0 355.5 479.6 565.7 460.1 317.1 416.2 991.0 1,028.8
Growth +17.2% +10.4% +34.9% +17.9% −18.7% −31.1% +31.3% +138.1% +3.8%
Dividends paid −137.2 −137.9 −138.5 −139.1 −139.6 −140.2 −105.5 −70.3 −70.3 −70.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Shareholders’ equity1,752.4Fiscal year 2017Cash291.4Total debt375.0Net cash (debt)−83.6Shareholders’ equity1,761.4Debt to equity0.21Fiscal year 2018Cash314.3Total debt375.0Net cash (debt)−60.7Shareholders’ equity1,617.7Debt to equity0.23Fiscal year 2019Cash294.4Total debt375.0Net cash (debt)−80.6Shareholders’ equity1,799.5Debt to equity0.21Fiscal year 2020Cash348.5Total debt375.0Net cash (debt)−26.5Shareholders’ equity2,032.6Debt to equity0.18Fiscal year 2021Cash335.6Total debt375.0Net cash (debt)−39.4Shareholders’ equity2,140.3Debt to equity0.18Fiscal year 2022Cash289.8Total debt400.0Net cash (debt)−110.2Shareholders’ equity1,522.1Debt to equity0.26Fiscal year 2023Cash550.9Total debt575.0Net cash (debt)−24.1Shareholders’ equity1,548.1Debt to equity0.37Fiscal year 2024Cash720.3Total debt575.0Net cash (debt)145.3Shareholders’ equity1,946.5Debt to equity0.30Fiscal year 2025Cash1,315.6Total debt575.0Net cash (debt)740.6Shareholders’ equity2,417.3Debt to equity0.24
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a 291.4 314.3 294.4 348.5 335.6 289.8 550.9 720.3 1,315.6
Total debt n/a 375.0 375.0 375.0 375.0 375.0 400.0 575.0 575.0 575.0
Net cash (debt) n/a −83.6 −60.7 −80.6 −26.5 −39.4 −110.2 −24.1 145.3 740.6
Shareholders’ equity 1,752.4 1,761.4 1,617.7 1,799.5 2,032.6 2,140.3 1,522.1 1,548.1 1,946.5 2,417.3
Debt to equity n/a 0.21 0.23 0.21 0.18 0.18 0.26 0.37 0.30 0.24

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
3,227.7 3,416.0 3,380.0 3,972.5 3,784.5 3,993.4 3,643.1 4,629.6 5,475.6 5,992.5
Growth +5.8% −1.1% +17.5% −4.7% +5.5% −8.8% +27.1% +18.3% +9.4%
n/a 10.2 10.5 10.5 11.8 12.8 11.0 11.4 13.4 15.2
70.7 167.1 −30.6 378.1 458.5 299.3 −670.7 99.4 574.9 663.6
−2.3 22.2 −24.9 58.0 83.9 51.4 −158.0 3.1 106.9 122.6
73.0 144.9 −5.7 320.1 374.6 247.9 −512.7 96.3 468.0 541.1
Growth +98.3% −104.0% +17.0% −33.8% −306.8% +385.8% +15.6%
Per share
1.32 2.62 −0.10 5.78 6.77 4.48 −9.26 1.74 8.45 9.77
1.32 2.62 −0.10 5.78 6.77 4.48 −9.26 1.74 8.45 9.77
Growth +98.5% −103.8% +17.1% −33.8% −306.7% +385.6% +15.6%
55.2 55.3 55.3 55.4 55.4 55.4 55.4 55.4 55.4 55.4
55.3 55.3 55.3 55.4 55.4 55.4 55.4 55.4 55.4 55.4
Growth +0.0% +0.0% +0.0% −0.0% +0.0% −0.0% +0.0% +0.0% +0.0%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 9.6% a year over five years, and earnings per share grew 7.6% a year.
  • The share count barely moved in five years.
  • A net loss in 2 of 10 years on file.