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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,…
Net margin is thin at 9.03%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue grew 9.4% YoY.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$6.14B
▲ +9.4% YoY
Net Income (TTM)
$840M
▲ +15.6% YoY
Net Margin
13.68%
P/E
—
Balance Sheet
Total Assets
$9.87B
Equity
$2.59B
Total Debt
$587M
Cash & Equiv.
$1.79B
5Y CAGR: +9.6%
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