Mercury General Corporation is the insurance organization, engaging in personal, automobile, homeowners, renters and business insurance. Majoring in auto and homeowners insurance, the Company also offers personal liability policies (umbrella), business insurance, mechanical breakdown protection,service line protection, home systems protection, identity management protection and ride-hailing insurance.

Employee Rating

2.9More
TypePublic
HQLos Angeles, US
Founded1962
Size (employees)4,300 (est)+3%
Websitemercuryinsurance.com
Mercury General Corporation was founded in 1962 and is headquartered in Los Angeles, US
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Mercury General Corporation Office Locations

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

Mercury General Corporation Revenue

Mercury General Corporation's revenue was reported to be $3.42 b in FY, 2017
USD

Revenue (Q3, 2018)

894.8m

Net income (Q3, 2018)

58.6m

Market capitalization (12-Dec-2018)

3.0b

Closing stock price (12-Dec-2018)

54.9

Cash (30-Sep-2018)

261.7m

EV

3.5b
Mercury General Corporation's current market capitalization is $3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.8b3.0b3.0b3.2b3.4b

Revenue growth, %

7%0%7%

Operating expense total

2.7b2.9b3.2b3.2b

Interest expense

3.2m4.0m15.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

728.7m763.0m807.0m720.0m744.5m726.2m752.4m823.9m858.0m808.2m847.5m852.8m858.4m783.2m885.4m894.8m

Operating expense total

673.9m660.9m670.6m682.9m714.7m721.7m740.1m797.9m793.7m776.5m816.9m784.1m800.1m842.9m812.1m824.5m

Interest expense

338.0k505.0k688.0k707.0k750.0k769.0k785.0k950.0k960.0k1.0m2.5m4.2m4.2m4.3m4.3m4.3m

Pre tax profit

54.8m102.0m136.4m37.1m29.9m4.5m12.3m26.0m64.3m31.6m30.6m68.8m58.2m(59.7m)73.2m70.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

266.5m289.9m264.2m220.3m291.4m

Accounts Receivable

3.5m

Inventories

3.2b3.4b3.5b3.7b

PP&E

156.7m157.1m145.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

250.1m238.8m258.5m279.7m234.6m274.8m295.2m235.1m233.3m229.9m236.6m261.4m284.6m290.1m243.8m261.7m

Inventories

3.1b3.3b3.4b3.4b3.4b3.4b3.3b3.4b3.5b3.6b3.6b3.7b3.7b3.7b3.8b3.9b

PP&E

156.0m157.4m160.1m157.5m157.6m158.4m

Goodwill

42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m42.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

112.1m177.9m74.5m73.0m144.9m

Depreciation and Amortization

30.6m28.1m26.5m26.4m55.3m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

96.8m72.6m167.6m198.9m26.2m35.8m51.1m23.3m72.2m99.1m27.0m78.6m125.1m(42.6m)17.6m76.2m

Depreciation and Amortization

23.7m6.8m13.4m20.1m7.1m13.8m20.0m6.4m12.9m19.7m13.3m27.5m41.6m14.1m28.6m43.7m

Cash From Operating Activities

169.7m49.4m128.4m199.5m11.5m73.2m148.7m45.7m101.7m209.6m74.2m174.7m276.5m78.4m184.1m325.2m

Purchases of PP&E

(13.0m)(6.4m)(12.2m)(20.9m)(5.9m)(11.3m)(16.4m)(4.6m)(8.9m)(12.9m)(3.4m)(10.6m)(14.3m)(6.2m)(13.1m)(20.6m)
USDY, 2018

EV/CFO

10.8 x

Financial Leverage

3.1 x
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Mercury General Corporation Operating Metrics

Mercury General Corporation's Reported Claims, units was reported to be 168 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Agents

8.80 k9.70 k9.70 k

Reported Claims, units

205 k193 k168 k
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Mercury General Corporation Revenue Breakdown

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Mercury General Corporation revenue breakdown by business segment: 98.7% from Property & Casualty Lines and 1.3% from Other

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Mercury General Corporation Online and Social Media Presence

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Mercury General Corporation News and Updates

Mercury General Corporation Announces Estimated Losses From the Camp Fire and the Woolsey Fire

LOS ANGELES, Nov. 27, 2018 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today its estimated catastrophe losses resulting from the wildfires in California in November 2018. Two major catastrophe events, known as the Camp Fire and the Woolsey Fire, occurred in California ...

Mercury General Corporation To Report Third Quarter Results On October 29, 2018

LOS ANGELES, Oct. 2, 2018 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported that on Monday, October 29, 2018, the Company will release results for its third quarter ended September 30, 2018. The Company will host an investor conference call and webcast that same day at...
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Mercury General Corporation Blogs

Mercury Insurance is Ready to Help Victims of the Camp Fire

Mercury policyholders should call (800) 503-3724 to file a claim as soon as possible

Mercury Insurance is Ready to Help Victims of Hill and Woolsey Fires

Mercury policyholders should call (800) 503-3724 to file a claim as soon as possible

Anaheim Ducks to Celebrate 25th Anniversary with a Fan trip to the Hockey Hall of Fame in Toronto, Courtesy of Mercury Insurance

Anaheim Ducks fans can enter to win at MercuryInsurance.com/Ducks for a once in a lifetime hockey experience including a special meet and greet with NHL Hall of Famer Scott Niedermayer

‘Ride to the Rivalry presented by Mercury Insurance’ Gets Lighting Fans Charged Up for Road Trip

This sweepstakes might be the ticket for 50 lucky Lightning fans to attend the Lightning at Florida Panthers game on February 10, 2018 at BB&T Center

Halloween Continues to Haunt Auto Owners

Mercury Insurance reports increases in vehicle vandalism and parked car collision claims from 2016 to 2017 and offers tips on how to protect your property and trick-or-treaters
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Mercury General Corporation Company Life and Culture

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Mercury General Corporation Frequently Asked Questions

  • When was Mercury General Corporation founded?

    Mercury General Corporation was founded in 1962.

  • How many employees does Mercury General Corporation have?

    Mercury General Corporation has 4,300 employees.

  • What is Mercury General Corporation revenue?

    Latest Mercury General Corporation annual revenue is $3.4 b.

  • What is Mercury General Corporation revenue per employee?

    Latest Mercury General Corporation revenue per employee is $794.4 k.

  • Who are Mercury General Corporation competitors?

    Competitors of Mercury General Corporation include American Family Insurance, Selective Insurance Group and Allstate.

  • Where is Mercury General Corporation headquarters?

    Mercury General Corporation headquarters is located at 4484 Wilshire Blvd, Los Angeles.

  • Where are Mercury General Corporation offices?

    Mercury General Corporation has an office in Los Angeles.

  • How many offices does Mercury General Corporation have?

    Mercury General Corporation has 1 office.