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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	390.07	467.95	96.34	-512.67	247.94	374.61
Depreciation & Amortization	73.64	73.43	72.24	82.39	79.06	68.46
Gain (Loss) on Sale of Assets	-22.6	-13.69	-5.88	0.93	-0.02	-
Gain (Loss) on Sale of Investments	-94.38	-88.67	-101.01	488.08	-111.66	-85.73
Change in Accounts Receivable	-44.76	-89.05	-35.62	49.63	-26.67	13.95
Reinsurance Recoverable	-360.96	3.33	-6.05	19.11	3.49	30.13
Change in Accounts Payable	87.49	67.14	23.16	-15.84	-26.72	51.99
Change in Unearned Revenue	210.71	304.17	190.02	25.84	113.93	50.33
Change in Income Taxes	17.43	11.99	60.95	-131.5	-18.1	31.24
Change in Insurance Reserves / Liabilities	635.76	366.33	200.79	358.48	235.13	70.05
Other Operating Activities	-0.78	-24.33	-14.56	-3.63	16.48	14.43
Operating Cash Flow	869.32	1,037	453	352.59	501.58	605.62
Operating Cash Flow Growth	6.24%	128.94%	28.48%	-29.70%	-17.18%	16.54%
Capital Expenditures	-51.79	-46.14	-36.81	-35.51	-41.44	-39.95
Sale of Property, Plant & Equipment	25.44	12.71	29.86	0	0.03	-
Investment in Securities	-279.6	-806.96	-262.45	-308.75	-349.65	-392.78
Other Investing Activities	20.57	43.74	-26.06	27.87	17.4	21.45
Investing Cash Flow	-285.39	-796.66	-295.45	-316.38	-373.67	-411.29
Long-Term Debt Issued	-	-	175	25	-	-
Total Debt Repaid	-1.43	-1.53	-1.1	-1.5	-0.83	-0.61
Net Debt Issued (Repaid)	-1.43	-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	-71.02	-71.11	103.58	-81.99	-140.84	-140.25
Net Cash Flow	512.92	169.35	261.13	-45.78	-12.92	54.08
Free Cash Flow	817.53	990.98	416.19	317.08	460.14	565.66
Free Cash Flow Growth	4.99%	138.11%	31.26%	-31.09%	-18.65%	17.95%
Free Cash Flow Margin	14.17%	18.10%	8.99%	8.70%	11.52%	14.95%
Free Cash Flow Per Share	14.76	17.89	7.52	5.73	8.31	10.22
Cash Interest Paid	29.19	30.08	23	16.67	16.62	16.6
Cash Income Tax Paid	67.52	94.94	-57.85	-26.54	69.47	52.66
Levered Free Cash Flow	230.68	2,336	266.05	-346.27	498.33	592.1
Unlevered Free Cash Flow	249.21	2,355	281.16	-335.5	509.03	602.76
Change in Working Capital	523.38	622.43	405.88	297.5	269.78	233.84

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q