Mercury General Corporation

MCY Financial Insurance Property & Casualty

Mercury General Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, up 9.44% from fiscal 2024.

Revenue
−12.8%
EPS
−104.9%
Free cash flow
−22.7%
Total debt
−0.94%

Quarter to September 2026, against a year earlier

89.36 13.35 −13.00%
Market cap
$5.7B
P/E
8.9×
Fwd P/E
7.0×
Dividend yield
1.23%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Mercury General Corporation (MCY) Operating margin

Alert me on Operating margin

Mercury General Corporation's operating margin over the twelve months to 30 September 2026 was 13.4%, up 1.8 percentage points from fiscal 2025 (11.6%). Over the past ten years it has ranged from −17.9% (fiscal 2022) to 12.6% (fiscal 2020); the current reading is higher than 91% of that period. That is below the Insurance Property & Casualty industry median of 14.7% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 11.6% 0.49
FY2024 11.1% 8.39
FY2023 2.67% 20.61
FY2022 −17.9% (25.86)
FY2021 7.92% (4.65)
FY2020 12.6% 2.62
FY2019 9.95% 10.35
FY2018 −0.40% (5.74)
FY2017 5.34% 3.03
FY2016 2.31% (0.14)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −0.92% (20.85)
Jun 2026 19.9% 4.18
Mar 2026 15.8% (0.91)
Dec 2025 16.7% (5.90)
43 more quarters

Against its own ten years

Low −17.9% High 12.6%
Ten-year median 5.34%
Current reading's percentile 91

Operating margin against peers

Company Operating margin
WTM White Mountains Insurance Group, Ltd. compare 40.8%
KNSL Kinsale Capital Group, Inc. compare 34.3%
RLI RLI Corp. compare 26.4%
PLMR Palomar Holdings, Inc. compare 24.9%
ORI Old Republic International Corporation compare 14.9%
THG The Hanover Insurance Group, Inc. compare 14.7%
HGTY Hagerty, Inc. compare 13.4%
MCY Mercury General Corporation 13.4%
SIGI Selective Insurance Group, Inc. compare 12.8%
Insurance Property & Casualty industry median 14.7%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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