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Mercury General Corp
Previous close
$54.29
Day range
$54.41 - $55.94
Year range
$26.15 - $57.12
Market cap
3.07B USD
Avg Volume
259.95K
P/E ratio
14.27
Dividend yield
2.29%
Primary exchange
NYSE
Top news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 1.38B | 19.89% |
Operating expense | 74.73M | 2.08% |
Net income | 191.39M | 2,927.09% |
Net profit margin | 13.86 | 2,449.15% |
Earnings per share | 1.15 | 179.31% |
EBITDA | 269.90M | 5,510.10% |
Effective tax rate | 19.56% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 729.39M | 76.73% |
Total assets | 7.10B | 9.05% |
Total liabilities | 5.56B | 11.28% |
Total equity | 1.55B | — |
Shares outstanding | 55.37M | — |
Price to book | 1.94 | — |
Return on assets | 8.98% | — |
Return on capital | 30.66% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 191.39M | 2,927.09% |
Cash from operations | 225.34M | 232.75% |
Cash from investing | -110.54M | 8.56% |
Cash from financing | -17.83M | -352.41% |
Net change in cash | 96.97M | 310.29% |
Free cash flow | 1.90B | 2,519.07% |
About
Mercury General Corporation is a multiple-line insurance organization that offers personal automobile, homeowners, renters, and business insurance. Founded in 1961 and located in Los Angeles, Mercury has assets of over $4 billion, employs 4,500 people, and more than 8,000 independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia.
Mercury's primary focus is automobiles and homeowners' insurance. However, the company also writes personal liability policies, business insurance, mechanical breakdown protection, renters, service line protection, home systems protection, identity management protection and ride-hailing insurance. Wikipedia
Founded
1960
Headquarters
Website
Employees
4,100