Mercury General Corporation

When it comes to choosing an insurance company, we know consumers want the lowest price possible. But they also want the appropriate amount of coverage to keep their family safe. Why should they have to sacrifice one over the other? With Mercury, we believe in having the best of both worlds. Low rates, excellent coverage and a local agent who’s there every step of the way. That’s what sets Mercury apart from our competitors. And that’s what makes us the obvious choice when it comes to insurance. Since we first opened our doors in 1962, we’ve provided comprehensive coverage options ranging from personal auto insurance to homeowners insurance to mechanical breakdown protection. Dedicated managers and enthusiastic employees work hand-in-hand with our network of independent agents to make Mercury one of the fastest-growing auto insurers in the nation and the leading insurer in California. The momentum is building. And the good news is we have no plans to stop.
Company Growth (employees)
Type
Public
HQ
Los Angeles, US
Founded
1962
Size (employees)
4,200 (est)
Mercury General Corporation was founded in 1962 and is headquartered in Los Angeles, US

Mercury General Corporation Office Locations

Mercury General Corporation has an office in Los Angeles
Los Angeles, US (HQ)
4484 Wilshire Blvd

Mercury General Corporation Financials and Metrics

Mercury General Corporation Financials

Mercury General Corporation's revenue was reported to be $847.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

847.5 m

Net income (Q1, 2017)

27 m

Market capitalization (20-Oct-2017)

3.1 b

Cash (31-Mar-2017)

236.6 m
Mercury General Corporation's current market capitalization is $3.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.8 b3 b3 b3.2 b

Revenue growth, %

7%(0%)7%

Interest expense

3.2 m4 m

Pre tax profit

132.1 m247.4 m70.6 m70.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

807 m720 m744.5 m726.2 m752.4 m823.9 m858 m808.2 m847.5 m

Interest expense

688 k707 k750 k769 k785 k950 k960 k1 m2.5 m

Pre tax profit

136.4 m37.1 m29.9 m4.5 m12.3 m26 m64.3 m31.6 m30.6 m

Income tax expense

41.5 m5.8 m3.7 m(5.1 m)(3 m)2.7 m15.5 m4.7 m3.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

266.5 m289.9 m264.2 m220.3 m

Accounts Receivable

3.5 m

Inventories

3.5 b

Goodwill

42.8 m42.8 m42.8 m42.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

258.5 m279.7 m234.6 m274.8 m295.2 m235.1 m233.3 m229.9 m236.6 m

Inventories

3.4 b3.4 b3.4 b3.4 b3.3 b3.4 b3.5 b3.6 b3.6 b

Goodwill

42.8 m42.8 m42.8 m42.8 m42.8 m42.8 m42.8 m42.8 m42.8 m

Total Assets

4.6 b4.6 b4.6 b4.6 b4.6 b4.7 b4.7 b4.8 b4.9 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

112.1 m177.9 m74.5 m73 m

Depreciation and Amortization

30.6 m28.1 m26.5 m26.4 m

Cash From Operating Activities

209.8 m246.5 m190.2 m287.5 m

Purchases of PP&E

(18.7 m)(26 m)(20.1 m)(17 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

167.6 m198.9 m26.2 m35.8 m51.1 m23.3 m72.2 m99.1 m27 m

Depreciation and Amortization

13.4 m20.1 m7.1 m13.8 m20 m6.4 m12.9 m19.7 m13.3 m

Cash From Operating Activities

128.4 m199.5 m11.5 m73.2 m148.7 m45.7 m101.7 m209.6 m74.2 m

Purchases of PP&E

(12.2 m)(20.9 m)(5.9 m)(11.3 m)(16.4 m)(4.6 m)(8.9 m)(12.9 m)(3.4 m)
USDY, 2017

Revenue/Employee

201.8 k

Financial Leverage

2.8 x
Show all financial metrics

Mercury General Corporation Operating Metrics

Mercury General Corporation's Reported Claims, units was reported to be 168 k in FY, 2016, which is a 13% decrease from the previous period
FY, 2014FY, 2015FY, 2016

Reported Claims, units

205 k193 k168 k

Agents

8.8 k9.7 k9.7 k
Show all operating metrics

Mercury General Corporation Market Value History

Mercury General Corporation Revenue Breakdown

Traffic Overview of Mercury General Corporation

Mercury General Corporation Online and Social Media Presence

Mercury General Corporation Company Life and Culture

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