Is Mercury General (MCY) overvalued or fairly valued?

MarketChacha shows Mercury General's valuation in context — a trailing P/E of about 10.7, a forward P/E of about 8.5, a price-to-book of about 2.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Mercury General's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.33×) from reported figures — education, not a rating.

What is Mercury General's revenue?

Mercury General reported revenue of $6.0B for FY2025, with net profit of $541.1M, per official filings.

What is the share price of Mercury General (MCY)?

Mercury General last traded at $101.83 (-3.7% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Mercury General

MCY · NYSE · Financials · United States

$101.83-3.7%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:35 PM

Snapshot

TickerMCY

ExchangeNYSE

SectorFinancials

IndustryInsurance - Property & Casualty

CountryUnited States

Employees4,380

HeadquartersLos Angeles, United States

Market cap$5.6B

P/E (TTM)10.7

P/B2.2

Volume230.1K

Websitewww.mercuryinsurance.com

Filings tracked6

About Mercury General

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. The company's automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. It sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was incorporated in 1961 and is headquartered in Los Angeles, California.

Profile as reported by Yahoo Finance.

Who owns it

Insiders52.0%
Institutions48.0%
Public & other0.0%

424 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.7.79%
Rubric Capital Management LP3.89%
Dimensional Fund Advisors LP3.88%
Vanguard Portfolio Management LLC3.10%
Vanguard Capital Management LLC2.21%
State Street Corporation1.98%
Renaissance Technologies, LLC1.49%
American Century Companies Inc1.47%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.33×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.1% → 9.0%

Margin has expanded by about 6.9 points — the business is getting more profitable.

Return on equity22.4%

Latest ROE of 22.4% — capital is generating a healthy return.

Growth qualityrev 14% · PAT 137%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.6B · EPS 3.35

Est. earnings growth -13.2%

Next fiscal year

Rev $6.5B · EPS 12.00

Est. earnings growth +2.1%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$66.5752-wk range$113.06

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$5.6B

Day change

-3.7%

P/E (TTM)

10.7

Fwd P/E

8.5

P/B

2.2

Div yield

1.20%

Beta

0.91

Revenue (FY2025)

$6.0B

Net margin

9.0%

ROE

22.4%

Revenue CAGR (2y)

+13.8%

Profit CAGR (2y)

+137.0%

EPS (FY2025)

9.77

Net profit (FY2025)

$541.1M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about MCY

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$6.0B	$541.1M	9.77	9.0%	22.4%
FY2024	$5.5B	$468.0M	8.45	8.5%	24.0%
FY2023	$4.6B	$96.3M	1.74	2.1%	6.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$1.5B	$190.4M	3.44	12.4%
2025Q3	$1.6B	$280.4M	5.06	17.7%
2025Q2	$1.5B	$166.5M	3.01	11.3%
2025Q1	$1.4B	$-108.3M	-1.96	-7.8%
2024Q3	$1.5B	$230.9M	4.17	15.1%
2024Q2	$1.3B	$62.6M	1.13	4.8%
2024Q1	$1.3B	$73.5M	1.33	5.8%
2023Q3	$1.1B	$-8.2M	-0.15	-0.8%
2023Q2	$1.1B	$-41.5M	-0.75	-3.8%
2023Q1	$1.1B	$-45.3M	-0.82	-4.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC6/24/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC6/12/2026material
8-K — Other events
SEC6/9/2026material
8-K — Shareholder vote results, Exhibits
SEC5/14/2026material
8-K — Results of operations, Exhibits
SEC5/5/2026material
10-Q filing
SEC5/5/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.