Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
5.48B | 4.63B | 3.64B | 3.99B | 3.78B | Gross Profit |
5.48B | 4.35B | 3.36B | 3.71B | 3.50B | EBIT |
0.00 | 0.00 | -354.63M | 289.28M | 450.21M | EBITDA |
0.00 | 195.84M | -571.09M | 395.48M | 544.01M | Net Income Common Stockholders |
467.95M | 96.34M | -512.67M | 247.94M | 374.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
720.26M | 729.39M | 412.71M | 475.68M | 724.09M | Total Assets |
8.31B | 7.10B | 6.51B | 6.77B | 6.33B | Total Debt |
574.13M | 587.96M | 420.25M | 407.51M | 416.36M | Net Debt |
-146.13M | 37.06M | 130.48M | 71.95M | 67.88M | Total Liabilities |
6.36B | 5.56B | 4.99B | 4.63B | 4.30B | Stockholders Equity |
1.95B | 1.55B | 1.52B | 2.14B | 2.03B |
Cash Flow | Free Cash Flow | |||
990.98M | 416.18M | 317.08M | 460.14M | 565.66M | Operating Cash Flow |
1.04B | 452.99M | 352.59M | 501.58M | 605.62M | Investing Cash Flow |
-796.66M | -295.44M | -316.38M | -373.67M | -411.29M | Financing Cash Flow |
-71.11M | 103.58M | -81.99M | -140.84M | -140.25M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
82 Outperform | $23.13B | 10.17 | 17.61% | 2.19% | 13.22% | 24.83% | |
80 Outperform | $165.90B | 19.65 | 36.98% | 1.73% | 21.36% | 118.77% | |
79 Outperform | $35.31B | 11.96 | 19.58% | 1.56% | 8.19% | 29.77% | |
75 Outperform | $59.96B | 12.32 | 18.94% | 1.57% | 12.23% | 68.50% | |
73 Outperform | $3.10B | 6.62 | 26.78% | 2.27% | 18.27% | 385.75% | |
72 Outperform | $54.88B | 12.19 | 23.80% | 1.78% | 12.28% | ― | |
63 Neutral | $14.35B | 9.94 | 8.94% | 4.37% | 16.34% | -11.76% |
On January 20, 2025, Mercury General Corporation announced additional details regarding the impact of the recent Southern California wildfires, known as the Palisades and Eaton fires, on its operations and reinsurance program. The company has mobilized its catastrophe loss team and has already paid $80 million to policyholders for living expenses and housing contents, with sufficient liquidity to handle the increased claims. Each wildfire has been designated as a separate event by the Property Claims Service, allowing Mercury to potentially use reinsurance limits of up to $1,290 million for the first event and $1,238 million for the second, implying significant financial management to cover the catastrophic losses.
Mercury General Corporation has released its preliminary assessment of the recent wildfires in Southern California, which have caused extensive damage since January 7, 2025. The company expects losses from the wildfires to exceed its reinsurance retention level of $150 million, with a reinsurance program that provides $1,290 million in limits per occurrence. Mercury’s claims adjusters are actively assisting customers, and further guidance on the claims process is available on their website.