← MERCURY GENERAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.2b | $3.4b | $3.4b | $4.0b | $3.8b | $4.0b | $3.6b | $4.6b | $5.5b | $6.0b | |
| Revenues: | |||||||||||
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $16.0m | $16.3m | $18.0m | $20.2m | $18.2m | $20.8m | $25.2m | $29.6m | |
| Cost of Revenue | $2.4b | $2.6b | $10.5m | $10.5m | $11.8m | $12.8m | $11.0m | $11.4m | $13.4m | $15.2m | |
| Gross Profit (Calculated) (derived) | $806.9m | $854.0m | $3.4b | $4.0b | $3.8b | $4.0b | $3.6b | $4.6b | $5.5b | $6.0b | |
| Additional Financial Items | |||||||||||
| Other Income | $8.3m | $11.9m | $9.3m | $9.0m | $8.3m | $10.0m | $10.3m | $19.6m | $31.5m | $26.8m | |
| Realized Investment Gains (Losses) | ($34.3m) | $83.7m | ($133.5m) | $222.8m | $85.7m | $111.7m | ($488.1m) | $101.0m | $88.7m | $131.4m | |
| Amortization of Intangible Assets | $6.1m | $5.4m | $5.5m | $5.1m | $1.0m | $1.1m | $1.0m | $900k | $900k | $900k | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($2.2m) | $19.3m | ($4.5m) | $45.2m | $24.9m | ($14.3m) | $63.1m | $90.8m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($32.8m) | $87.9m | ($132.7m) | $196.6m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | $574.8m | $663.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | $99.4m | $574.9m | $663.6m | |
| Policyholder Benefits and Claims Incurred, Net | $2.4b | $2.4b | $2.6b | $2.7b | $2.4b | $2.8b | $3.4b | $3.5b | $3.7b | $4.0b | |
| Premiums Earned, Net | $3.1b | $3.2b | $3.4b | $3.6b | $3.6b | $3.7b | $4.0b | $4.3b | $5.1b | $5.5b | |
| Net Investment Income | $127.7m | $130.1m | $141.5m | $146.9m | $140.6m | $136.1m | $174.3m | $241.1m | $288.6m | $338.9m | |
| Net Income (Loss) Attributable to Parent | $73.0m | $144.9m | ($5.7m) | $320.1m | $374.6m | $247.9m | ($512.7m) | $96.3m | $468.0m | $541.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $73.0m | $144.9m | ($5.7m) | $320.1m | $374.6m | $247.9m | ($512.7m) | $96.3m | $468.0m | $541.1m | |
| Earnings Per Share, Basic | $1.32 | $2.62 | ($0.10) | $5.78 | $6.77 | $4.48 | ($9.26) | $1.74 | $8.45 | $9.77 | |
| Earnings Per Share, Diluted | $1.32 | $2.62 | ($0.10) | $5.78 | $6.77 | $4.48 | ($9.26) | $1.74 | $8.45 | $9.77 | |
| Common Stock, Dividends, Per Share, Declared | $1.32 | $2.62 | ($0.10) | $5.78 | $6.77 | $4.48 | ($9.26) | $1.74 | $1.27 | $1.27 | |
| Weighted Average Number of Shares Outstanding, Basic | 55.2m | 55.3m | 55.3m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 55.3m | 55.3m | 55.3m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | 55.4m | |
| Expenses | |||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $562.5m | $555.4m | $572.2m | $602.1m | $627.8m | $633.4m | $654.6m | $708.5m | $858.3m | $942.9m | |
| Interest Expense | $4.0m | $15.2m | $17.0m | $17.0m | $17.0m | $17.1m | $17.2m | $24.2m | — | — | |
| Other Cost and Expense, Operating | $235.3m | $233.5m | $244.6m | $269.3m | $285.8m | $283.4m | $279.7m | $279.7m | $327.2m | $394.2m | |
| Current Income Tax Expense (Benefit) | $19.7m | $11.9m | $16.2m | $16.7m | $70.7m | $38.9m | ($61.6m) | ($6.8m) | $119.8m | $107.3m | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | $562.5m | $555.4m | $572.2m | $602.1m | $627.8m | $633.4m | $654.6m | $708.5m | $858.3m | $942.9m | |
| Interest Expense Operating | — | — | — | — | — | — | — | — | $30.8m | $28.6m | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $2.4b | $2.4b | $2.6b | $2.7b | $2.4b | $2.8b | $3.4b | $3.5b | $3.7b | $4.0b | |
| Income Tax Expense (Benefit) | ($2.3m) | $22.2m | ($24.9m) | $58.0m | $83.9m | $51.4m | ($158.0m) | $3.1m | $106.9m | $122.6m | |
| Benefits, Losses and Expenses | $3.2b | $3.2b | $3.4b | $3.6b | $3.3b | $3.7b | $4.3b | $4.5b | $4.9b | $5.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.