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Mercury General MCY Private passenger automobile — Direct

Other product segments

Homeowners
$416.4M+21.0%
Commercial automobile
$119.6M+12.3%
Other
$96.3M+9.2%

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ACGLInsurance — Direct
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ACGLMortgage — Direct
$271.75M-3.8%
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ACGLReinsurance — Direct
$223.75M-6.4%
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CRBGLong-Duration Insurance — Direct
$1.09B+7.3%
American International Group logo
AIGShort-Duration Insurance — Direct
$7.87B+0.8%
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WTMHG Global — Direct
$0

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:DirectPremiumsWritten.

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
Commercial automobile97.697.695.395.3
Other84.47.391.765.97.373.2
Net premiums earned$1,445.1$7.3$1,452.4$1,275.8$7.3$1,283.1
Private passenger automobile$940.4$940.4$906.5$906.5
Homeowners416.4416.4344.2344.2
Commercial automobile119.6119.6106.5106.5
Other89.76.696.381.36.988.2
Direct premiums written$1,566.1$6.6$1,572.7$1,438.5$6.9$1,445.4

Item 1. Financial Statements

FAQ

What is Mercury General's private passenger automobile — direct?
Mercury General (MCY) reported private passenger automobile — direct of $940.4M in Q1 2026.
How has Mercury General's private passenger automobile — direct changed year-over-year?
Mercury General's private passenger automobile — direct increased by 3.7% year-over-year, from $906.5M to $940.4M.
What is the long-term trend for Mercury General's private passenger automobile — direct?
Over 4 years (2021 to 2025), Mercury General's private passenger automobile — direct has grown at a 8.0% compound annual growth rate (CAGR), from $2.64B to $3.59B.
What does private passenger automobile — direct mean?
This metric measures the total value of premiums written directly by the company for private passenger automobile insurance before any reinsurance adjustments. It serves as a key indicator of the company's gross market demand and sales volume within the personal auto insurance sector. Monitoring this figure helps evaluate the company's competitive position and top-line production capacity in the retail insurance market.

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