Mercury General Corp income statement
In fiscal 2025, Mercury General Corp reported revenue of $5.99bn, up 9.4% on the year before and net income of $541m, or $9.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,121 | 2,776 | 2,777 | 2,783 | 2,821 | 3,012 | 3,009 | 3,228 | 3,416 | 3,380 | 3,973 | 3,785 | 3,993 | 3,643 | 4,630 | 5,476 | 5,992 | 6,342 |
| Cost of revenue | — | — | — | — | — | — | — | — | 10 | 11 | 11 | 12 | 13 | 11 | 11 | 13 | 15 | 17 |
| Gross profit | — | — | — | — | — | — | — | — | 3,406 | 3,370 | 3,962 | 3,773 | 3,981 | 3,632 | 4,618 | 5,462 | 5,977 | 6,326 |
| Interest expense | 7 | 7 | 6 | 2 | 1 | 3 | 3 | 4 | 15 | 17 | 17 | 17 | 17 | 17 | 24 | — | — | — |
| Income before tax | 572 | 182 | 245 | 135 | 132 | 247 | 71 | 71 | 167 | −31 | 378 | 459 | 299 | −671 | 99 | 575 | 664 | 1,162 |
| Income tax | 168 | 30 | 54 | 18 | 20 | 69 | −4 | −2 | 22 | −25 | 58 | 84 | 51 | −158 | 3 | 107 | 123 | 225 |
| Net income | 403 | 152 | 191 | 117 | 112 | 178 | 74 | 73 | 145 | −6 | 320 | 375 | 248 | −513 | 96 | 468 | 541 | 937 |
| Diluted EPS | $7.32 | $2.78 | $3.49 | $2.13 | $2.04 | $3.23 | $1.35 | $1.32 | $2.62 | −$0.10 | $5.78 | $6.77 | $4.48 | −$9.26 | $1.74 | $8.45 | $9.77 | $16.91 |
| Diluted shares (average) | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m | 55m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,530 | 1,366 | 1,394 | 1,478 | 1,585 | 1,536 | 1,540 | 1,682 |
| Cost of revenue | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Gross profit | 1,527 | 1,362 | 1,390 | 1,474 | 1,581 | 1,532 | 1,535 | 1,678 |
| Income before tax | 287 | 123 | −142 | 207 | 350 | 249 | 236 | 327 |
| Income tax | 56 | 22 | −34 | 40 | 70 | 46 | 45 | 64 |
| Net income | 231 | 101 | −108 | 166 | 280 | 203 | 190 | 264 |
| Diluted EPS | $4.17 | $1.82 | −$1.96 | $3.01 | $5.06 | $3.66 | $3.44 | $4.76 |
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