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 Data and Metrics

Mercury General Corporation Financial Metrics

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 (15-Aug-2017)

3.3 b

Cash (31-Mar-2017)

236.6 m
Mercury General Corporation's current market capitalization is $3.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.8 b3 b3 b3.2 b

Revenue growth, %

7%(0%)7%

Operating expense total

2.7 b2.8 b2.9 b3.2 b

Interest expense

3.2 m4 m

Pre tax profit

132.1 m247.4 m70.6 m70.7 m

Income tax expense

20 m69.5 m(3.9 m)(2.3 m)

Net Income

112.1 m177.9 m74.5 m73 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

Pre tax profit

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

Net Income

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

Total Assets

4.3 b4.6 b4.6 b4.8 b

Accounts Payable

127.7 m130.9 m122.6 m112.3 m

Total Debt

380 m580 m580 m640 m

Total Liabilities

3 b

Additional Paid-in Capital

411 k3.8 m8.9 m

Retained Earnings

1.7 b1.8 b1.7 b1.7 b

Total Equity

1.8 b1.8 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
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

Accounts Payable

120.8 m141.9 m118.6 m128.3 m139.3 m116.8 m115.6 m119.5 m124.5 m

Additional Paid-in Capital

1.4 m3 m4.8 m6.1 m6.6 m3.3 m3.3 m3.1 m

Retained Earnings

1.8 b1.8 b1.8 b1.8 b1.7 b1.7 b1.7 b1.7 b1.6 b

Total Equity

1.8 b1.8 b1.8 b1.8 b1.8 b1.7 b

Financial Leverage

2.5 x2.5 x2.6 x2.6 x2.6 x2.8 x
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)

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 k2.5 m3 m3.5 m

Income Taxes Paid

16.5 m61.1 m31.4 m31.4 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)

Cash From Investing Activities

(148.9 m)(186.8 m)(34.1 m)(22.4 m)(43.5 m)(41.4 m)(65 m)(142.8 m)(76.3 m)

Dividends Paid

(67.6 m)(101.5 m)(34.1 m)(68.1 m)(102.2 m)(34.3 m)(68.5 m)(102.8 m)(34.4 m)

Cash From Financing Activities

12.5 m508 k(32.7 m)(65.9 m)(100 m)(33.4 m)(67.6 m)(101.1 m)18.4 m

Interest Paid

1.2 m1.8 m692 k1.4 m2.2 m878 k1.8 m2.8 m1.3 m

Income Taxes Paid

30 m60 m9.8 m22.6 m31.4 m79 k273 k374 k1.1 m
USDY, 2017

Revenue/Employee

201.8 k

Financial Leverage

2.8 x

Mercury General Corporation Market Value History

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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