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Mercury General MCY Increase (Decrease) in Premiums Receivable

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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:IncreaseDecreaseInPremiumsReceivable.

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, 2026Three Months Ended March 31, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization19,84117,244
Net realized investment losses (gains)4,543(23,321)
Increase in premiums receivable(73,346)(54,872)
Decrease (increase) in reinsurance recoverables61,901(594,986)
Changes in current and deferred income taxes45,226(30,688)
Increase in deferred policy acquisition costs(6,849)(1,139)
Increase in loss and loss adjustment expense reserves12,863640,550

Item 1. Financial Statements

FAQ

What is Mercury General's increase (decrease) in premiums receivable?
Mercury General (MCY) reported increase (decrease) in premiums receivable of $73.35M in Q1 2026.
How has Mercury General's increase (decrease) in premiums receivable changed year-over-year?
Mercury General's increase (decrease) in premiums receivable increased by 33.7% year-over-year, from $54.87M to $73.35M.
What does increase (decrease) in premiums receivable mean?
Measures the net change in premiums owed to the company by policyholders that have not yet been collected. An increase indicates a growth in outstanding receivables, which can signal either higher sales volume or a potential slowdown in cash collection cycles. Monitoring this is essential for assessing liquidity and credit risk within the premium collection process.

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