Mercury General CorpMCY
What Mercury General Corp does.
Mercury General Corporation ("Mercury General") and its subsidiaries (referred to herein collectively as the "Company") are primarily engaged in writing personal automobile insurance through 12 insurance subsidiaries (referred to herein collectively as the "Insurance Companies") in 11 states, principally California. The Company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The Company's insurance policies are mostly sold through independent agents who receive a commission for selling policies. The Company believes that it has thorough underwriting and claims handling processes that, together with its agent relationships, provide the Company with competitive advantages.
The direct premiums written for the years ended December 31, 2025, 2024 and 2023 by state and line of insurance business were:
The Company offers the following types of automobile coverage: collision, property damage, bodily injury ("BI"), comprehensive, personal injury protection ("PIP"), underinsured and uninsured motorist, and other hazards.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.8B | $4.0B | $3.6B | $4.6B | $5.5B | $6.0B |
| Net income | $374.6M | $247.9M | -$512.7M | $96.3M | $468.0M | $541.1M |
| Free cash flow | $565.7M | $460.1M | $317.1M | $416.2M | $991.0M | $1.0B |
More on MCY.
- Mercury General Corp summary
- Mercury General Corp financial statements
- Mercury General Corp key metrics
- Mercury General Corp health scores and style box
- Mercury General Corp earnings
- Mercury General Corp dividends
- Mercury General Corp valuation
- Mercury General Corp ownership and insiders
- Mercury General Corp peers
Figures from Mercury General Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.