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Mercury General

MCY

Mercury General Corporation is a property and casualty insurance provider primarily focused on personal automobile insurance.

Market cap
$6.01B+53.4%
Revenue$6.1B+9.7%
Net income$839.8M+193%
Free cash flow$1.4B+95.3%
EPS (diluted)$15.17+194%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$1.5B
EPS estimate$2.53

Financials

Q1 2026

Income statement

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Revenue$1.5B+10.5%
Net income$190.4M+276%
EPS (diluted)$3.44+276%

Balance sheet

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Cash & equivalents$1.4B+5.1%
Total debt$12.7M-29.2%
Total assets$9.9B+9.4%

Cash flow

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Operating cash flow$325.6M+574%
CapEx$16.8M+27.8%
Free cash flow$308.8M+477%

Valuation & ratios

Valuation

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Market cap$6.01B+53.4%
Enterprise value$4.67B+68.7%
P/E7.2×-2.8×
P/S+0.3×

Profitability

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Net margin13.7%+8.6pp
FCF margin23.1%+10.1pp

Competitors

Profile

Mercury General Corporation is a property and casualty insurance provider primarily focused on personal automobile insurance. The company leverages a multi-channel distribution network, including a significant independent agent base and direct-to-consumer portals, to offer specialized underwriting and claims handling services. While maintaining a dominant market presence in California, the company also provides homeowners, commercial, and mechanical protection insurance across multiple states.

Competitive position

The company is a leading writer of private passenger automobile insurance in California and maintains a significant national presence through a network of over 8,500 independent agents.

GeographiesUnited States, California, Texas, Florida, China
Customer segmentsRetail consumers, Small to medium enterprises
Business modelB2C, B2B, Brokerage-based distribution, Direct-to-consumer
SuppliersReinsurance providers, Third-party data providers, Automotive parts and labor suppliers
CustomersIndividual policyholders, Commercial business owners, Independent insurance agencies
Listed1985
Employees4.1K
CEOGabriel Tirador
FilingsSEC EDGAR

Questions, answered.

What is Mercury General's market cap?
Mercury General (MCY) has a market capitalization of $6.0B and trades on NYSE.
What is Mercury General's revenue and profitability?
Mercury General generated $6.1B in trailing twelve-month revenue with net income of $839.8M, representing a net margin of 13.7%, with free cash flow of $1.4B. These figures are based on the Q1 2026 filing.
Who are Mercury General's competitors?
Mercury General's key competitors include Kemper Insurance, GEICO, Allstate, and others. These companies compete in similar markets and product categories.
Who does Mercury General partner with?
Mercury General's notable partners include California Earthquake Authority, California FAIR Plan, Progressive Insurance.
What subsidiaries does Mercury General have?
Mercury General's subsidiaries include Mercury Casualty Company, Auto Insurance Specialists LLC, Mercury (Shanghai) Information Technology Services Co., Ltd., and others.
Where is Mercury General headquartered?
Mercury General is headquartered in United States of America and employs approximately 4,100 people. It has been publicly traded since 1985.