MCY Mercury General Corp

  1. Stocks
  2. Financial Services
  3. NYSE: MCY

Price (delayed)

$58.14

Market cap

$3.22B

P/E Ratio

14.95

Dividend/share

$1.27

EPS

$3.89

Enterprise value

$3.28B

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers in many states.

Highlights
The gross profit has soared by 175% YoY and by 17% QoQ
The net income has surged by 160% year-on-year and by 123% since the previous quarter
MCY's debt is up by 26% YoY
Sector: Financial Services
Industry: Insurance - Property & Casualty
Website: http://www.mercuryinsurance.com
Peers: ALL PGR SAFT ERIE

Key stats

What are the main financial stats of MCY
Market
Shares outstanding
55.37M
Market cap
$3.22B
Enterprise value
$3.28B
Valuations
Price to earnings (P/E)
14.95
Price to book (P/B)
2.01
Price to sales (P/S)
0.67
EV/EBIT
11.8
EV/EBITDA
9.37
EV/Sales
0.68
Earnings
Revenue
$4.8B
EBIT
$277.74M
EBITDA
$349.9M
Free cash flow
$617.91M
Per share
EPS
$3.89
Free cash flow per share
$11.16
Book value per share
$28.97
Revenue per share
$86.64
TBVPS
$132.65
Balance sheet
Total assets
$7.4B
Total liabilities
$5.79B
Debt
$588.25M
Equity
$1.6B
Working capital
N/A
Liquidity
Debt to equity
0.37
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.17
Margins
EBITDA margin
7.3%
Gross margin
27.2%
Net margin
4.5%
Operating margin
5.8%
Efficiency
Return on assets
3.1%
Return on equity
14.5%
Return on invested capital
3.9%
Return on capital employed
N/A
Return on sales
5.8%
Dividend
Dividend yield
2.18%
DPS
$1.27
Payout ratio
32.6%

MCY stock price

How has the Mercury General stock price performed over time
Intraday
2.61%
1 week
3.12%
1 month
12.46%
1 year
85.45%
YTD
55.83%
QTD
9.41%

Financial performance

How have Mercury General's revenue and profit performed over time
Revenue
$4.8B
Gross profit
$1.3B
Operating income
$277.74M
Net income
$215.09M
Gross margin
27.2%
Net margin
4.5%
The gross profit has soared by 175% YoY and by 17% QoQ
MCY's operating income has surged by 160% year-on-year and by 125% since the previous quarter
The net income has surged by 160% year-on-year and by 123% since the previous quarter
The operating margin has soared by 150% YoY and by 115% QoQ

Growth

What is Mercury General's growth rate over time

Valuation

What is Mercury General stock price valuation
MCY P/E details
P/E
14.95
P/B
2.01
P/S
0.67
EV/EBIT
11.8
EV/EBITDA
9.37
EV/Sales
0.68
MCY's EPS has surged by 160% year-on-year and by 124% since the previous quarter
The price to book (P/B) is 44% more than the 5-year quarterly average of 1.4 and 44% more than the last 4 quarters average of 1.4
The equity has increased by 10% year-on-year and by 3.6% since the previous quarter
The stock's price to sales (P/S) is 34% more than its last 4 quarters average of 0.5 and 12% more than its 5-year quarterly average of 0.6
MCY's revenue is up by 22% year-on-year and by 3.6% since the previous quarter

Efficiency

How efficient is Mercury General business performance
The ROE has soared by 162% YoY and by 116% from the previous quarter
MCY's return on invested capital has surged by 156% year-on-year and by 117% since the previous quarter
The return on assets has surged by 156% year-on-year and by 121% since the previous quarter
MCY's return on sales has surged by 150% year-on-year and by 115% since the previous quarter

Dividends

What is MCY's dividend history
Dividend details
DPS
$1.27
Dividend yield
2.18%
Payout ratio
32.6%
Recent dividends

Financial health

How did Mercury General financials performed over time
The total assets is 28% more than the total liabilities
The total liabilities rose by 13% YoY and by 4.3% QoQ
The total assets has increased by 12% YoY and by 4.1% from the previous quarter
MCY's debt is 63% lower than its equity
MCY's debt is up by 26% YoY
Mercury General's debt to equity has increased by 16% YoY but it has decreased by 2.6% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.