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Mercury General MCY Interest Expense
Interest Expense at other companies
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Where this comes from
Reported directly by Mercury General in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseOperating.
The source filing: Mercury General’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:12 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000064996-26-000014
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Losses and loss adjustment expenses | 932,950 | 1,220,813 |
| Policy acquisition costs | 240,502 | 228,720 |
| Other operating expenses | 123,887 | 79,453 |
| Interest | 6,817 | 7,189 |
| Total expenses | 1,304,156 | 1,536,175 |
| Income (loss) before income taxes | 235,653 | (142,296) |
| Income tax expense (benefit) | 45,232 | (33,969) |
| Net income (loss) | $190,421 | $(108,327) |
Item 1. Financial Statements
FAQ
- What is Mercury General's interest expense?
- Mercury General (MCY) reported interest expense of $6.82M in Q1 2026.
- How has Mercury General's interest expense changed year-over-year?
- Mercury General's interest expense decreased by 5.2% year-over-year, from $7.19M to $6.82M.
- What is the long-term trend for Mercury General's interest expense?
- Over 4 years (2021 to 2025), Mercury General's interest expense has grown at a 13.7% compound annual growth rate (CAGR), from $17.11M to $28.63M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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