Mercury General Corporation (MCY)

Mercury General Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	439.61	467.95	96.34	-512.67	247.94	374.61
Depreciation & Amortization	73.31	73.43	72.24	82.39	79.06	68.46
Gain (Loss) on Sale of Assets	-2.69	-13.69	-5.88	0.93	-0.02	-
Gain (Loss) on Sale of Investments	-64.39	-88.67	-101.01	488.08	-111.66	-85.73
Change in Accounts Receivable	-46.93	-89.05	-35.62	49.63	-26.67	13.95
Reinsurance Recoverable	-147.75	3.33	-6.05	19.11	3.49	30.13
Change in Accounts Payable	19.05	67.14	23.16	-15.84	-26.72	51.99
Change in Unearned Revenue	196.62	304.17	190.02	25.84	113.93	50.33
Change in Income Taxes	50.5	11.99	60.95	-131.5	-18.1	31.24
Change in Insurance Reserves / Liabilities	522.28	366.33	200.79	358.48	235.13	70.05
Other Operating Activities	29.49	-24.33	-14.56	-3.63	16.48	14.43
Operating Cash Flow	1,048	1,037	453	352.59	501.58	605.62
Operating Cash Flow Growth	3.30%	128.94%	28.48%	-29.70%	-17.18%	16.54%
Capital Expenditures	-56.74	-46.14	-36.81	-35.51	-41.44	-39.95
Sale of Property, Plant & Equipment	34.15	12.71	29.86	0	0.03	-
Investment in Securities	-323.34	-806.96	-262.45	-308.75	-349.65	-392.78
Other Investing Activities	5.62	43.74	-26.06	27.87	17.4	21.45
Investing Cash Flow	-340.31	-796.66	-295.45	-316.38	-373.67	-411.29
Long-Term Debt Issued	-	-	175	25	-	-
Total Debt Repaid	-1.44	-1.53	-1.1	-1.5	-0.83	-0.61
Net Debt Issued (Repaid)	-1.44	-1.53	173.9	23.5	-0.83	-0.61
Issuance of Common Stock	0.75	0.75	-	-	0.22	-
Common Dividends Paid	-70.34	-70.33	-70.32	-105.48	-140.23	-139.64
Financing Cash Flow	-71.03	-71.11	103.58	-81.99	-140.84	-140.25
Net Cash Flow	636.3	169.35	261.13	-45.78	-12.92	54.08
Free Cash Flow	990.89	990.98	416.19	317.08	460.14	565.66
Free Cash Flow Growth	2.10%	138.11%	31.26%	-31.09%	-18.65%	17.95%
Free Cash Flow Margin	17.04%	18.10%	8.99%	8.70%	11.52%	14.95%
Free Cash Flow Per Share	17.89	17.89	7.52	5.73	8.31	10.22
Cash Interest Paid	28.66	30.08	23	16.67	16.62	16.6
Cash Income Tax Paid	48.15	94.94	-57.85	-26.54	69.47	52.66
Levered Free Cash Flow	440.41	2,336	266.05	-346.27	498.33	592.1
Unlevered Free Cash Flow	458.6	2,355	281.16	-335.5	509.03	602.76
Change in Working Capital	572.29	622.43	405.88	297.5	269.78	233.84

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q