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Mercury General Corporation (MCY) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · DATA UPDATED 2026-08-16

Mercury General Corporation (MCY) operates in the INSURANCE - PROPERTY & CASUALTY industry and is headquartered in Los Angeles, United States with about 4,380 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, MCY reported $6.0B in revenue and $541M in net income.

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products.

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MCY Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$6.3B$6.0B$5.5B$4.6B$3.6B$4.0B$3.8B$4.0B$3.4B$3.4B$3.2B$3.0B$3.0B$2.8B$2.8B$2.8B$2.8B$3.1B$2.4B$3.2B$3.2B
Gross Profit$2.8B$2.0B$933M$403M($374M)$600M$761M$664M$231M$416M$310M$325M$499M$353M$344M$466M$445M$578M($271M)$482M$498M
Gross Margin %44.8%33.9%17.0%8.7%-10.3%15.0%20.1%16.7%6.8%12.2%9.6%10.8%16.6%12.5%12.4%16.8%16.0%18.5%-11.2%15.2%15.7%
Operating Income (EBIT)$1.2B$664M$575M$99M($671M)$299M$459M$378M($31M)$167M$71M$71M$247M$132M$135M$245M$182M$572M($451M)$315M$312M
Operating Margin %18.3%11.1%10.5%2.1%-18.4%7.5%12.1%9.5%-0.9%4.9%2.2%2.3%8.2%4.7%4.9%8.8%6.6%18.3%-18.7%9.9%9.9%
Net Income$937M$541M$468M$96M($513M)$248M$375M$320M($6M)$145M$73M$74M$178M$112M$117M$191M$152M$403M($242M)$238M$215M
Net Margin %14.8%9.0%8.6%2.1%-14.1%6.2%9.9%8.1%-0.2%4.2%2.3%2.5%5.9%4.0%4.2%6.9%5.5%12.9%-10.0%7.5%6.8%
EBITDA$1.3B$767M$679M$196M($571M)$395M$544M$460M$45M$238M$128M$122M$278M$164M$174M$291M$230M$614M($419M)$350M$346M
Earnings Per Share (EPS)$16.91$9.77$8.45$1.74$-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
Shares Outstanding (M)55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M55M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MCY Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.7B$1.5B$1.5B$1.6B$1.5B$1.4B$1.4B$1.5B
Gross Profit$458M$607M$1.3B$466M$310M($56M)$213M$382M
Gross Margin %27.2%39.4%85.2%29.4%21.0%-4.0%15.6%24.9%
Operating Income (EBIT)$327M$236M$249M$350M$207M($142M)$123M$287M
Operating Margin %19.5%15.3%16.2%22.1%14.0%-10.2%9.0%18.8%
Net Income$264M$190M$203M$280M$166M($108M)$101M$231M
Net Margin %15.7%12.4%13.2%17.7%11.3%-7.8%7.4%15.1%
EBITDA$356M$262M$277M$376M$232M($118M)$151M$314M
Earnings Per Share (EPS)$4.76$3.44$3.66$5.06$3.01$-1.96$1.82$4.17
Shares Outstanding (M)55M55M55M55M55M55M55M55M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MCY Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$1.3B$1.1B$1.0B$453M$353M$502M$606M$520M$383M$341M$287M$190M$247M$210M$148M$159M$92M$189M$65M$216M$362M
Capital Expenditures (CapEx)$64M$58M$46M$37M$36M$41M$40M$40M$28M$19M$17M$20M$26M$19M$15M$18M$29M$36M$49M$42M$41M
Free Cash Flow (FCF)$1.3B$1.0B$991M$416M$317M$460M$566M$480M$355M$322M$270M$170M$220M$191M$133M$140M$63M$153M$16M$174M$321M
FCF Margin %19.9%17.2%18.1%9.0%8.7%11.5%14.9%12.1%10.5%9.4%8.4%5.7%7.3%6.8%4.8%5.1%2.3%4.9%0.7%5.5%10.1%
Dividends Paid$70M$70M$70M$70M$105M$140M$140M$139M$138M$138M$137M$136M$135M$135M$134M$132M$130M$128M$127M$114M$105M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MCY Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$218M$326M$288M$496M$372M($69M)$248M$318M
Capital Expenditures (CapEx)$16M$17M$14M$17M$14M$13M$12M$12M
Free Cash Flow (FCF)$202M$309M$274M$480M$357M($82M)$236M$306M
FCF Margin %12.0%20.1%17.8%30.3%24.2%-5.9%17.3%20.0%
Dividends Paid$18M$18M$18M$18M$18M$18M$18M$18M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MCY Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$10.5B$9.6B$8.3B$7.1B$6.5B$6.8B$6.3B$5.9B$5.4B$5.1B$4.8B$4.6B$4.6B$4.3B$4.2B$4.1B$4.2B$4.2B$4.0B$4.4B$4.3B
Cash & Cash Equivalents$1.7B$1.3B$720M$551M$290M$336M$348M$294M$314M$291M$220M$264M$290M$267M$158M$211M$181M$186M$35M$48M$48M
Total Liabilities$7.7B$7.1B$6.4B$5.6B$5.0B$4.6B$4.3B$4.1B$3.8B$3.3B$3.0B$2.8B$2.7B$2.5B$2.3B$2.2B$2.4B$2.5B$2.5B$2.6B$2.6B
Total Debt (Short + Long-Term)$944M$581M$582M$582M$410M$389M$389M$387M$372M$744M$340M$592M$584M$190M$140M$140M$267M$271M$298M$139M$142M
Total Shareholders' Equity$2.8B$2.4B$1.9B$1.5B$1.5B$2.1B$2.0B$1.8B$1.6B$1.8B$1.8B$1.8B$1.9B$1.8B$1.8B$1.9B$1.8B$1.8B$1.5B$1.9B$1.7B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MCY viewer.

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