Company Analysis

Mercury General Corp. (MCY)

NYSE: MCY · Fire, Marine & Casualty Insurance · Los Angeles, CA · filing with the SEC since 1995
Grade6.1
◀ Past 5.3● Present 6.4▶ Future 7.1

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 17, 2026Feb 11, 2025Feb 13, 2024Feb 14, 2023Feb 15, 2022Feb 16, 2021Feb 12, 2020Feb 13, 2019Feb 8, 2018Feb 9, 2017
Revenue5,992,4685,475,6334,629,6313,643,0663,993,3573,784,5113,972,5183,380,0043,415,9623,227,683
For lenders
Interest and dividend income328,701279,989234,630168,356129,727134,858141,263135,838124,930121,871
Interest expense on deposits and borrowings28,62330,82424,16917,232······
For insurers
Premiums earned5,505,6135,075,4564,274,3783,952,4823,741,9483,555,6353,599,4183,368,4113,195,4373,131,773
Net investment income338,886288,617241,131174,326136,124140,586146,868141,483130,097127,676
Benefits, claims and losses··3,517,8533,362,2192,760,1552,395,3432,706,0242,576,7892,444,8842,355,138
Total benefits, losses and expenses5,328,8194,900,7534,530,2034,313,7813,694,0503,326,0103,594,4493,410,6193,248,8773,156,959
Cost of revenue15,20013,40011,40011,00012,80011,80010,50010,50010,200·
Interest expense··24,16917,23217,11317,04817,03517,03615,1683,962
Income before income taxes663,649574,88099,428-670,715299,307458,501378,069-30,615167,08570,724
Income tax expense122,555106,9273,092-158,04351,37083,89457,982-24,88722,208-2,320
Net income541,094467,95396,336-512,672247,937374,607320,087-5,728144,87773,044
Net income to common shareholders541,094467,95396,336-512,672247,937374,607320,087-5,728144,87773,044
Earnings per share, basic9.778.451.74-9.264.486.775.78-0.102.621.32
Earnings per share, diluted9.778.451.74-9.264.486.775.78-0.102.621.32
Weighted average shares, basic55,38955,37355,37155,37155,36855,35855,35155,33555,31655,249
Weighted average shares, diluted55,38955,37755,37155,37155,37455,35855,36055,33555,32755,302
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MCY · research, not advice