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.
Type
Public
HQ
Los Angeles, US
Founded
1962
Size (employees)
4,200 (est)-2%
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 Metrics

Mercury General Corporation Financial Metrics

Revenue (2016)

$3.2 b

Revenue growth (2015-16), %

7%

Net income (2016)

$73 m

Market capitalization (21-Mar-2017)

$3.3 b

Closing share price (21-Mar-2017)

$59.7

Cash (31-Dec-2016)

$220.3 m
Mercury General Corporation's current market capitalization is $3.3 b.
Mercury General Corporation's revenue was reported to be $3.2 b in FY, 2016 which is a 7.3% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$2.8 b$3 b$3 b$3.2 b

Revenue growth, %

7%(0%)7%

Operating expense total

$2.7 b$2.8 b$2.9 b$3.2 b

Interest expense

$3.2 m$4 m

Pre tax profit

$132.1 m$247.4 m$70.6 m$70.7 m

Income tax expense

$20 m$69.5 m($3.9 m)($2.3 m)

Net Income

$112.1 m$177.9 m$74.5 m$73 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$266.5 m$289.9 m$264.2 m$220.3 m

Accounts Receivable

Inventories

Goodwill

$42.8 m$42.8 m$42.8 m$42.8 m

Total Assets

$4.3 b$4.6 b$4.6 b$4.8 b

Accounts Payable

$127.7 m$130.9 m$122.6 m$112.3 m

Total Debt

$380 m$580 m$580 m$640 m

Additional Paid-in Capital

$411 k$3.8 m$8.9 m

Retained Earnings

$1.7 b$1.8 b$1.7 b$1.7 b

Total Equity

$1.8 b$1.8 b

Debt to Equity Ratio

0.3 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x

Financial Leverage

2.5 x2.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$112.1 m$177.9 m$74.5 m$73 m

Depreciation and Amortization

$30.6 m$28.1 m$26.5 m$26.4 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$209.8 m$246.5 m$190.2 m$287.5 m

Purchases of PP&E

($18.7 m)($26 m)($20.1 m)($17 m)

Cash From Investing Activities

($18.4 m)($194 m)($81.7 m)($226.7 m)

Dividends Paid

($134.8 m)($135.5 m)($136.4 m)($137.2 m)

Cash From Financing Activities

($83.1 m)($29.1 m)($134.2 m)($104.7 m)

Interest Paid

$998 k$2.5 m$3 m$3.5 m

Income Taxes Paid

$16.5 m$61.1 m$31.4 m$31.4 m

Mercury General Corporation Market Value History

Mercury General Corporation Online Presence

Mercury General Corporation Company Life

You may also be interested in