Company Quick10K Filing
Mercury General
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 55 $3,399
10-Q 2019-10-29 Quarter: 2019-09-30
10-Q 2019-07-30 Quarter: 2019-06-30
10-Q 2019-04-30 Quarter: 2019-03-31
10-K 2019-02-13 Annual: 2018-12-31
10-Q 2018-10-30 Quarter: 2018-09-30
10-Q 2018-07-31 Quarter: 2018-06-30
10-Q 2018-05-01 Quarter: 2018-03-31
10-K 2018-02-08 Annual: 2017-12-31
10-Q 2017-10-31 Quarter: 2017-09-30
10-Q 2017-08-01 Quarter: 2017-06-30
10-Q 2017-05-02 Quarter: 2017-03-31
10-K 2017-02-09 Annual: 2016-12-31
10-Q 2016-11-01 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-03 Quarter: 2016-03-31
10-K 2016-02-09 Annual: 2015-12-31
10-Q 2015-11-02 Quarter: 2015-09-30
10-Q 2015-08-04 Quarter: 2015-06-30
10-Q 2015-04-28 Quarter: 2015-03-31
10-K 2015-02-09 Annual: 2014-12-31
10-Q 2014-11-04 Quarter: 2014-09-30
10-Q 2014-07-29 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-02-10 Annual: 2013-12-31
10-Q 2013-10-30 Quarter: 2013-09-30
10-Q 2013-07-31 Quarter: 2013-06-30
10-Q 2013-05-01 Quarter: 2013-03-31
10-K 2013-02-11 Annual: 2012-12-31
10-Q 2012-10-31 Quarter: 2012-09-30
10-Q 2012-08-01 Quarter: 2012-06-30
10-Q 2012-05-02 Quarter: 2012-03-31
10-K 2012-02-14 Annual: 2011-12-31
10-Q 2011-11-02 Quarter: 2011-09-30
10-Q 2011-08-03 Quarter: 2011-06-30
10-Q 2011-05-04 Quarter: 2011-03-31
10-K 2011-02-14 Annual: 2010-12-31
10-Q 2010-11-02 Quarter: 2010-09-30
10-Q 2010-08-04 Quarter: 2010-06-30
10-Q 2010-05-05 Quarter: 2010-03-31
10-K 2010-02-18 Annual: 2009-12-31
8-K 2020-01-16 Regulation FD, Exhibits
8-K 2019-10-28 Earnings, Exhibits
8-K 2019-10-01 Other Events
8-K 2019-07-29 Earnings, Exhibits
8-K 2019-05-08 Shareholder Vote
8-K 2019-04-29 Earnings, Exhibits
8-K 2019-02-11 Earnings, Exhibits
8-K 2018-12-12 Officers
8-K 2018-11-27 Regulation FD, Exhibits
8-K 2018-10-29 Earnings, Officers, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-05-09 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-04-30 Earnings, Exhibits
8-K 2018-04-27 Officers
8-K 2018-03-02 Officers
8-K 2018-02-15 Other Events
8-K 2018-02-05 Other Events
8-K 2018-02-05 Earnings, Exhibits

Mercury General Financials

MCY Metrics, Comps, Filings

Annual | Quarterly

Business

Mercury General Corporation ("Mercury General") and its subsidiaries (referred to herein collectively as the "Company") are primarily engaged in writing personal automobile insurance through 14 insurance subsidiaries (referred to herein collectively as the "Insurance Companies") in 11 states, principally California. The Company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. The Company's insurance policies are mostly sold through independent agents who receive a commission for selling policies. The Company believes that it has thorough underwriting and claims handling processes that, together with its agent relationships, provide the Company with competitive advantages.

The direct premiums written for the years ended December 31, 2018, 2017 and 2016 by state and line of insurance business were:

Copy History PrivatePassenger Automobile Homeowners CommercialAutomobile Other Lines Total California$2,346,403 $458,065 $120,234 $114,838 $3,039,540 85.6%Florida (1)126,756 7 14,149 114 141,026 4.0%Other states (2)230,417 66,838 64,069 9,027 370,351 10.4%Total$2,703,576 $524,910 $198,452 $123,979 $3,550,917 100.0% 76.1% 14.8% 5.6% 3.5% 100.0%


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Hanover Insurance Group (THG) 5,247 0% 10.7 4% 12,160 9,219 4,688 0 442 533 5,720
Kemper (KMPR) 5,145 0% 8.6 3% 12,616 8,933 4,802 0 376 690 5,914
Axis Capital Holdings (AXS) 5,046 0% 16.4 1% 25,870 20,304 3,877 0 152 241 3,952
MGIC Investment (MTG) 5,036 0% 6.4 11% 6,056 2,020 1,160 0 659 880 5,643
Radian Group (RDN) 4,834 93% 5.6 9% 6,592 2,809 1,421 1,318 620 849 4,755
Essent Group (ESNT) 4,820 0% 8.3 14% 3,540 836 791 0 509 606 5,020
Selective Insurance Group (SIGI) 4,547 0% 16.1 3% 8,576 6,516 2,715 0 241 322 5,164
Assured Guaranty (AGO) 4,405 0% 9.0 3% 13,581 6,859 949 0 445 607 5,444
RLI (RLI) 3,877 0% 27.7 4% 3,375 2,415 915 0 125 144 4,001
Enstar (ESGR) 3,689 0% 6.4 3% 18,225 13,262 2,012 0 491 572 3,662
White Mountains Insurance Group (WTM) 3,433 10% 14.9 5% 3,752 744 767 75 178 236 3,513
Mercury General (MCY) 3,399 69% 11.4 3% 5,717 3,949 2,896 1,993 196 278 3,158
National General Holdings (NGHC) 2,687 0% 6.6 3% 9,667 7,206 4,858 0 264 475 3,158
Aspen Insurance Holdings (AHL) 2,528 0% -17.0 -1% 12,978 10,261 2,454 0 -147 -116 1,977
Proassurance (PRA) 2,167 0% 29.8 1% 4,786 3,205 937 0 50 79 2,364
Kinsale Capital Group (KNSL) 2,144 0% 35.3 5% 895 587 262 0 49 59 2,066
Navigators Group (NAVG) 2,086 0% 38.2 0% 5,856 4,626 1,527 0 2 48 1,844
NMI Holdings (NMIH) 1,953 0% 11.5 11% 1,220 408 320 0 132 179 2,066
Horace Mann Educators (HMN) 1,571 0% 9.5 1% 11,779 10,280 1,355 0 138 195 1,861
Safety Insurance Group (SAFT) 1,550 0% 11.3 5% 1,973 1,190 857 0 103 134 1,512

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1812910465220128314
Accounts Receivable
Inventory
PP&E197178162419436157156145153
Assets4,2031,8781,8591,8952,0411,9981,9862,1645,434
Accounts Payable
Long-Term Debt120375375
Liabilities2,4092116721651772344023,816
Stockholders' Equity
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2,776-0255-310233,380
Cost of Revenue10
Gross Profit3,370
R&D
SG&A
Tax30-12-1229-0-25
Net Income1521911171121787470145-6
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating92-0-6-1-311-15383
Cash Investing332431181203910296-44-222
Cash Financing-129-255-132-83-29-134-10555-138