MCY
Mercury General Corporation
NYSE: MCY · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$95.65
-2.63% today
Updated 2026-04-29
Market cap
$5.30B
P/E ratio
9.79
P/S ratio
0.88x
EPS (TTM)
$9.77
Dividend yield
1.29%
52W range
$53 – $100
Volume
0.3M
Mercury General Corporation (MCY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.17B | $3.18B | $2.41B | $3.12B | $2.78B | $2.78B | $2.78B | $2.82B | $3.01B | $3.01B | $3.23B | $3.42B | $3.38B | $3.97B | $3.78B | $3.99B | $3.64B | $4.63B | $5.48B | $5.99B |
| Revenue growth (YoY) | — | +0.3% | -24.1% | +29.3% | -11.1% | +0.1% | +0.2% | +1.4% | +6.8% | -0.1% | +7.3% | +5.8% | -1.1% | +17.5% | -4.7% | +5.5% | -8.8% | +27.1% | +18.3% | +9.4% |
| Cost of revenue | $2.67B | $2.70B | $2.69B | $2.54B | $2.33B | $2.31B | $2.44B | $2.47B | $2.51B | $2.68B | $2.92B | $3.00B | $3.15B | $3.31B | $3.02B | $3.39B | $4.02B | $4.23B | $4.54B | $3.96B |
| Gross profit | $498.15M | $482.44M | $-271.07M | $578.27M | $444.55M | $466.36M | $344.13M | $352.83M | $499.44M | $324.57M | $310.00M | $415.73M | $231.05M | $664.41M | $761.38M | $599.82M | $-373.76M | $403.25M | $932.86M | $2.03B |
| Gross margin | 15.7% | 15.2% | -11.2% | 18.5% | 16.0% | 16.8% | 12.4% | 12.5% | 16.6% | 10.8% | 9.6% | 12.2% | 6.8% | 16.7% | 20.1% | 15.0% | -10.3% | 8.7% | 17.0% | 33.9% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $23.00M | $44.00M | $39.60M | $37.40M | $40.90M | $17.34M | $17.51M | $17.35M | $16.93M | $12.77M | $14.84M | — |
| Operating income | $312.41M | $315.04M | $-450.86M | $571.54M | $182.39M | $245.10M | $135.31M | $132.10M | $247.43M | $70.57M | $70.72M | $167.09M | $-30.61M | $378.07M | $458.50M | $299.31M | $-670.72M | $99.43M | $574.88M | $663.65M |
| Operating margin | 9.9% | 9.9% | -18.7% | 18.3% | 6.6% | 8.8% | 4.9% | 4.7% | 8.2% | 2.3% | 2.2% | 4.9% | -0.9% | 9.5% | 12.1% | 7.5% | -18.4% | 2.1% | 10.5% | 11.1% |
| EBITDA | $345.85M | $349.95M | $-418.86M | $613.96M | $229.93M | $291.31M | $173.83M | $163.94M | $278.12M | $121.57M | $127.94M | $237.60M | $45.21M | $459.83M | $544.01M | $395.48M | $-571.09M | $195.84M | $679.14M | $767.26M |
| EBITDA margin | 10.9% | 11.0% | -17.3% | 19.7% | 8.3% | 10.5% | 6.2% | 5.8% | 9.2% | 4.0% | 4.0% | 7.0% | 1.3% | 11.6% | 14.4% | 9.9% | -15.7% | 4.2% | 12.4% | 12.8% |
| EBIT | $321.59M | $323.63M | $-445.89M | $578.27M | $189.20M | $250.65M | $136.85M | $133.36M | $250.06M | $73.73M | $74.69M | $182.25M | $-13.58M | $395.10M | $475.55M | $316.42M | $-653.48M | $123.60M | $605.70M | $692.27M |
| Interest expense | $9.18M | $8.59M | $4.97M | $6.73M | $6.81M | $5.55M | $1.54M | $1.26M | $2.64M | $3.17M | $3.96M | $15.17M | $17.04M | $17.04M | $17.05M | $17.11M | $17.23M | $24.17M | $30.82M | $28.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $214.82M | $237.83M | $-242.12M | $403.07M | $152.20M | $191.16M | $116.91M | $112.14M | $177.95M | $74.48M | $73.04M | $144.88M | $-5.73M | $320.09M | $374.61M | $247.94M | $-512.67M | $96.34M | $467.95M | $541.09M |
| Net income growth (YoY) | — | +10.7% | -201.8% | +266.5% | -62.2% | +25.6% | -38.8% | -4.1% | +58.7% | -58.1% | -1.9% | +98.3% | -104.0% | +5688.1% | +17.0% | -33.8% | -306.8% | +118.8% | +385.8% | +15.6% |
| Profit margin | 6.8% | 7.5% | -10.0% | 12.9% | 5.5% | 6.9% | 4.2% | 4.0% | 5.9% | 2.5% | 2.3% | 4.2% | -0.2% | 8.1% | 9.9% | 6.2% | -14.1% | 2.1% | 8.5% | 9.0% |