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Mercury General MCY Incurred but not reported (IBNR) claims liability, net

Segments

By product

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Property insurance product line, automobile$881.4M+11.3%
Property insurance product line, homeowners'$237.88M+47.4%
Property insurance product line, commercial property$61.87M+20.1%

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$5.9B+57.7%

Profitability

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