Mercury General Corp
NYSE:MCY

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Mercury General Corp
NYSE:MCY
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Price: 66.48 USD -0.2% Market Closed
Market Cap: 3.7B USD
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Net Margin
Mercury General Corp

10.2%
Current
-1%
Average
7.6%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.2%
=
Net Income
558.3m
/
Revenue
5.5B

Net Margin Across Competitors

Country US
Market Cap 3.7B USD
Net Margin
10%
Country US
Market Cap 140.4B USD
Net Margin
11%
Country CH
Market Cap 111.4B USD
Net Margin
18%
Country JP
Market Cap 11.2T JPY
Net Margin
15%
Country US
Market Cap 54.7B USD
Net Margin
10%
Country US
Market Cap 51.1B USD
Net Margin
7%
Country ZA
Market Cap 42.4B Zac
Net Margin
8%
Country CN
Market Cap 270.5B CNY
Net Margin
5%
Country CN
Market Cap 272.7B HKD
Net Margin
5%
Country BM
Market Cap 34.7B USD
Net Margin
45%
Country JP
Market Cap 5.3T JPY
Net Margin
12%
No Stocks Found

Mercury General Corp
Glance View

Market Cap
3.7B USD
Industry
Insurance

Mercury General Corp., a stalwart in the insurance industry, was founded in 1961 by the dynamic entrepreneur George Joseph. With its headquarters nestled in Los Angeles, California, the company has established itself as a formidable name in personal automobile insurance in the United States. Mercury General operates primarily through a series of subsidiaries, focusing on providing personalized insurance products tailored to meet the specific needs of its clients. Offering not just auto insurance but also homeowners, renters, and umbrella insurance, Mercury ensures it maintains a robust product portfolio, catering to a diverse customer base. The firm's diligent underwriting process and commitment to customer service are key tenets of its business, allowing it to cultivate trust and long-term relationships with policyholders. Revenue generation for Mercury General largely hinges on the strategic balancing act of premium collection and claims management. It collects premiums from policyholders, which form a significant part of its revenue stream, while its profitability is driven by prudent risk assessment and cost-effective management of claims. The company efficiently invests the reserves from collected premiums, generating investment income that complements its underwriting profits. Mercury leverages its local agents to maintain a community-centric presence, ensuring face-to-face interactions with clients, which in turn aids in client retention and acquisition. Through a blend of innovative insurance solutions and prudent financial management, Mercury General Corp. continues to navigate the competitive insurance landscape, striving to deliver value to both its customers and shareholders.

MCY Intrinsic Value
78.98 USD
Undervaluation 16%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.2%
=
Net Income
558.3m
/
Revenue
5.5B
What is the Net Margin of Mercury General Corp?

Based on Mercury General Corp's most recent financial statements, the company has Net Margin of 10.2%.