MCY - NYSE

Mercury General Corporation

MCY·NYSE

$96.74

-0.48%

Financial ServicesInsurance - Property & Casualty

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$5.36B

EPS9.7700

P/E Ratio9.90

Earnings Date08/04/2026

9.56B

Assets

15%

3Y+47.0%

5Y+51.0%

10Y+100.0%

7.14B

Total Liabilities

12%

3Y+43.0%

5Y+66.0%

10Y+135.0%

2.42B

Total Equity

24%

3Y+59.0%

5Y+19.0%

10Y+38.0%

Mercury General Corporation Funding & Solvency Profile

MCY · NYSE

Current Assets

Cash & Cash Equivalents1.32B

Net Receivables745.55M

Inventory0.00

Other Current Assets0.00

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment171.33M

Goodwill & Intangible Assets49.62M

Long-Term Investments6.58B

Other Non-Current Assets-6.58B

Total Non-Current Assets171 M

Total Assets

9.56B

Financial Health Analysis

Current Ratio

66.98x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.96x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

22% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Mercury General Corporation Balance Sheet

MCY • NYSE

Mercury General Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1.3B	720.3M	550.9M	289.8M	335.6M	348.5M	294.4M	314.3M	291.4M	220.3M	264.2M	289.9M	266.5M	158.2M	211.4M	181.4M	185.5M	35.4M	48.2M	47.6M
Short-Term Investments	0.0	283.8M	178.5M	122.9M	140.1M	375.6M	494.1M	253.3M	302.7M	375.7M	185.3M	372.5M	315.8M	294.7M	236.4M	143.4M	156.2M	204.8M	272.7M	282.3M
Cash & Short-Term Investments	1.3B	1B	729.4M	412.7M	475.7M	724.1M	788.5M	567.6M	594.1M	596M	449.5M	662.4M	582.3M	452.8M	447.8M	324.8M	341.7M	240.2M	320.9M	329.9M
Net Receivables	745.6M	781.5M	663.4M	658.5M	688.4M	648.3M	690.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	290.5M	0.0	331.3M	0.0
Accounts Receivables	745.6M	719.4M	633.7M	592M	660.7M	637.6M	683.6M	776.1M	530.4M	472.5M	436.6M	390M	366.1M	345.4M	288.8M	281M	262.3M	268.2M	294.7M	343.2M
Other Receivables	0.0	62.1M	29.7M	66.5M	27.7M	10.7M	6.5M	6.1M	6.7M	11.3M	21.9M	21.2M	23M	17.8M	0.0	10.1M	13.7M	9.5M	9M	0.0
Inventory	0.0	0.0	0.0	-1.3B	0.0	0.0	-1.6B	-1.4B	-2B	-2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	-374.5M	-1.4B	1.2B	43.3M	-1.4B	1.6B	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
Total Current Assets	2.1B	1.4B	0.0	978.8M	1.2B	0.0	1.5B	1.4B	594.1M	596M	449.5M	662.4M	582.3M	452.8M	447.8M	324.8M	341.7M	204.8M	2.9B	702.7M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	171.3M	151.6M	165.6M	191.6M	223.3M	219.5M	213.9M	153M	145.2M	155.9M	157.1M	159M	156.7M	161.9M	177.8M	196.5M	201.9M	191.8M	172.4M	152.3M
Goodwill	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.8M	42.9M	42.9M	42.9M	0.0	0.0	0.0
Intangible Assets	6.8M	7.7M	8.3M	9.2M	10.3M	11.3M	10.6M	15.5M	20.7M	25.6M	31.7M	35.6M	41.6M	47.6M	53.7M	60.1M	66.8M	0.0	0.0	0.0
Goodwill & Intangible Assets	49.6M	50.5M	51.1M	52M	53.1M	54.1M	53.4M	58.3M	63.5M	68.4M	74.5M	78.4M	84.4M	90.4M	96.6M	103M	109.7M	0.0	0.0	0.0
Long-Term Investments	6.6B	6.1B	5.1B	4.9B	5B	4.7B	4.3B	3.8B	3.7B	3.5B	3.4B	3.4B	3.2B	3.2B	3.1B	3.2B	3.1B	2.9B	3.6B	3.5B
Tax Assets	0.0	143.9M	0.0	42.9M	0.0	0.0	28M	13.3M	22.9M	45.3M	23.2M	5.3M	15.2M	445K	6.5M	26.5M	36.1M	0.0	30.9M	33.6M
Other Non-Current Assets	-6.6B	-6.2B	-5.3B	-4.9B	286.2M	-5B	-28M	-13.3M	-3.7B	-3.5B	-3.4B	-3.4B	-3.2B	-3.2B	-3.1B	-3.2B	-3.1B	-3.1B	-3.6B	-3.7B
Total Non-Current Assets	221M	215.6M	0.0	286.5M	5.6B	0.0	4.6B	4B	231.7M	269.6M	254.9M	242.7M	256.3M	252.8M	280.9M	326M	347.7M	3.1B	203.2M	33.6M
Other Assets	7.3B	6.7B	7.1B	5.2B	0.0	6.3B	-176.6M	65.6M	4.3B	3.9B	3.9B	3.7B	3.5B	3.5B	3.3B	3.6B	3.5B	619.8M	1.3B	3.6B
Total Assets	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	4B	4.4B	4.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	262.9M	175.2M	151.7M	169.1M	204.8M	143.3M	115.1M	108.3M	122.3M	122.6M	130.9M	139.5M	96.2M	94.8M	106.7M	0.0	93.9M	128.9M	137.2M
Accounts Payable	0.0	242.1M	175.2M	151.7M	169.1M	194.4M	143.3M	115.1M	108.3M	112.3M	122.6M	130.9M	127.7M	96.2M	94.7M	106.7M	0.0	93.9M	125.8M	119M
Other Payables	0.0	20.8M	0.0	0.0	0.0	10.4M	0.0	0.0	0.0	-112.3M	0.0	0.0	-127.7M	0.0	67K	0.0	0.0	0.0	3.2M	18.2M
Short Term Debt	6.8M	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
Tax Payables	30.8M	20.8M	0.0	55.1M	0.0	10.4M	7.6M	38.9M	61.3M	10M	9M	503K	11.9M	7.1M	67K	25.7M	27.3M	0.0	3.2M	18.2M
Deferred Revenue	0.0	0.0	0.0	42.9M	1.5B	0.0	28M	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
Other Current Liabilities	24M	-242.1M	-175.2M	-194.6M	2.3B	-204.8M	-28M	-115.1M	-108.3M	-122.3M	-122.6M	-130.9M	-139.5M	-89.2M	-94.7M	-80.9M	0.0	-93.9M	-125.8M	-137.2M
Total Current Liabilities	30.8M	20.8M	0.0	0.0	4B	0.0	143.3M	115.1M	61.3M	10M	9M	503K	11.9M	7.1M	67K	25.7M	27.3M	139.3M	3.2M	119M
NON-CURRENT LIABILITIES
Long Term Debt	580.9M	574.1M	573.7M	398.3M	372.9M	372.5M	372.1M	371.7M	371.3M	320M	290M	290M	190M	140M	140M	267.2M	271.4M	158.6M	138.6M	141.6M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	445.3M	-22.9M	-109.6M	-119.8M	-5.3M	0.0	-445K	0.0	0.0	0.0	0.0	-30.9M	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	87.9M	86.9M	53.6M	41.1M	28M	-73.6M	22.9M	109.6M	119.8M	5.3M	0.0	445K	0.0	0.0	0.0	0.0	30.9M	33.6M
Other Non-Current Liabilities	6.5B	5.8B	4.9B	4.6B	202.2M	-457.5M	0.0	3.4B	3B	2.7B	2.5B	2.4B	2.3B	2.2B	2.1B	2.1B	2.2B	-158.6M	2.4B	0.0
Total Non-Current Liabilities	7.1B	6.3B	5.6B	5.1B	663.3M	0.0	448.1M	371.7M	3.3B	3B	2.8B	2.7B	2.5B	2.3B	2.2B	2.4B	2.4B	5.3M	2.5B	141.6M
Other Liabilities	0.0	0.0	5.6B	0.0	0.0	4.3B	3.5B	3.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3B	0.0	2.3B
Capital Lease Obligations	6.7M	13.6M	14.2M	21.9M	34.6M	43.8M	48M	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
Total Liabilities	7.1B	6.4B	5.6B	5B	4.6B	4.3B	4.1B	3.8B	3.3B	3B	2.8B	2.7B	2.5B	2.3B	2.2B	2.4B	2.5B	2.5B	2.6B	2.6B
SHAREHOLDERS' EQUITY
Preferred Stock	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	16.1M	0.0	0.0
Common Stock	99.7M	99.7M	98.9M	98.9M	98.9M	99M	98.8M	98M	97.5M	95.5M	91M	88.7M	81.6M	79.4M	0.0	0.0	0.0	0.0	69.4M	66.4M
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	8.9M	3.8M	411K	0.0	538K	78K	72.6M	71.4M	69.4M	0.0
Retained Earnings	2.3B	1.8B	1.4B	1.4B	2B	1.9B	1.7B	1.5B	1.7B	1.7B	1.7B	1.8B	1.7B	1.8B	1.8B	1.7B	1.7B	1.4B	1.7B	1.6B
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	99.9M	0.0	0.0	0.0	0.0	-740K	-597K	-876K	80.6M	69.7M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-99.9M	0.0	0.0	0.0	76.6M	74.2M	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.4B	1.9B	1.5B	1.5B	2.1B	2B	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
Total Equity	2.4B	1.9B	1.5B	1.5B	2.1B	2B	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
SUMMARY
Total Liabilities & Equity	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	4B	4.4B	4.3B
Total Investments	6.6B	6.4B	5.2B	5B	5.1B	4.7B	4.8B	3.8B	3.7B	3.5B	3.6B	3.8B	3.5B	3.5B	3.3B	3.3B	3.1B	2.9B	3.6B	3.5B
Total Debt	594.4M	587.7M	588M	420.3M	407.5M	416.4M	420.1M	371.7M	371.3M	320M	290M	290M	190M	140M	140M	267.2M	271.4M	158.6M	138.6M	141.6M
Net Debt	-721.2M	-132.5M	37.1M	130.5M	72M	67.9M	125.7M	57.4M	79.9M	99.7M	25.8M	93K	-76.5M	-18.2M	-71.4M	85.8M	85.9M	123.2M	90.3M	93.9M
Shares Outstanding	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627	55,388,627

SEC Filings

MCY - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 14, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 31, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 17, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 04, 2025	November 04, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	July 29, 2025	July 29, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	July 29, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 342 filings

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