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Mercury General MCY Other — Premiums Earned, Net

Other segment segments

Property & Casualty
$1.45B+13.3%

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Other financials

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

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Market cap$5.95B+50.5%
Enterprise value$4.61B+62.0%
P/E7.1×-3.1×
P/S+0.3×

Profitability

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

Where this comes from

Reported directly by Mercury General in its filing.

Tagged under the XBRL concept us-gaap:PremiumsEarnedNet.

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 itemThree Months Ended March 31, 2026 / Property & CasualtyThree Months Ended March 31, 2026 / OtherThree Months Ended March 31, 2026 / TotalThree Months Ended March 31, 2025 / Property & CasualtyThree Months Ended March 31, 2025 / OtherThree Months Ended March 31, 2025 / Total
Net premiums earned$1,445.1$7.3$1,452.4$1,275.8$7.3$1,283.1
Less:
Losses792.74.0796.71,065.63.71,069.3
Loss adjustment expenses135.70.5136.2151.00.5151.5
Losses and loss adjustment expenses928.44.5932.91,216.64.21,220.8
Policy acquisition costs237.82.7240.5225.82.9228.7
Other operating expenses123.10.8123.978.90.679.5
Underwriting gain (loss)155.8(0.7)155.1(245.5)(0.4)(245.9)

Item 1. Financial Statements

FAQ

What is Mercury General's other — premiums earned, net?
Mercury General (MCY) reported other — premiums earned, net of $7.3M in Q1 2026.
How has Mercury General's other — premiums earned, net changed year-over-year?
Mercury General's other — premiums earned, net decreased by 0.0% year-over-year, from $7.3M to $7.3M.
What is the long-term trend for Mercury General's other — premiums earned, net?
Over 4 years (2021 to 2025), Mercury General's other — premiums earned, net has grown at a 0.5% compound annual growth rate (CAGR), from $28.9M to $29.5M.
What does other — premiums earned, net mean?
Represents the portion of insurance premiums that the company has recognized as revenue over the policy period for the 'Other' business segment. This metric reflects the actual earned income from insurance contracts after accounting for reinsurance and the passage of time. It is a primary indicator of the scale and growth of the segment's insurance operations.

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