Mercury General Corporation
MCYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,476
Cost of Revenue
4,543
Gross Profit
933
Gross Margin
17.0%
Operating Income
575
Operating Margin
10.5%
Net Income
468
Net Margin
8.5%
EPS (Basic)
$8.45
EPS (Diluted)
$8.45
EBITDA
679
EBITDA Margin
12.4%
2023
12/31/2023
Revenue
4,630
Cost of Revenue
4,226
Gross Profit
403
Gross Margin
8.7%
Operating Income
99
Operating Margin
2.1%
Net Income
96
Net Margin
2.1%
EPS (Basic)
$1.74
EPS (Diluted)
$1.74
EBITDA
196
EBITDA Margin
4.2%
2022
12/31/2022
Revenue
3,643
Cost of Revenue
4,017
Gross Profit
-374
Gross Margin
-10.3%
Operating Income
-671
Operating Margin
-18.4%
Net Income
-513
Net Margin
-14.1%
EPS (Basic)
$-9.26
EPS (Diluted)
$-9.26
EBITDA
-571
EBITDA Margin
-15.7%
2021
12/31/2021
Revenue
3,993
Cost of Revenue
3,394
Gross Profit
600
Gross Margin
15.0%
Operating Income
299
Operating Margin
7.5%
Net Income
248
Net Margin
6.2%
EPS (Basic)
$4.48
EPS (Diluted)
$4.48
EBITDA
395
EBITDA Margin
9.9%
2020
12/31/2020
Revenue
3,785
Cost of Revenue
3,023
Gross Profit
761
Gross Margin
20.1%
Operating Income
459
Operating Margin
12.1%
Net Income
375
Net Margin
9.9%
EPS (Basic)
$6.77
EPS (Diluted)
$6.77
EBITDA
544
EBITDA Margin
14.4%