Mercury General Corporation (MCY)

Mercury General Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	839.84	541.09	467.95	96.34	-512.67	247.94
Depreciation & Amortization	77.59	74.99	73.43	72.24	82.39	79.06
Other Adjustments	-40.6	-98.83	-117.18	-67.26	353.88	-113.29
Changes in Receivables	-73.25	-54.78	-89.05	-35.62	49.63	-26.67
Changes in Reinsurance Contract Assets	575.83	-81.06	3.33	-6.05	19.11	3.49
Changes in Deferred Acquisition Costs	-30.1	-24.39	-41.49	-27.37	-8.22	-11.27
Changes in Accounts Payable	47.63	32.75	69.62	29.91	-15.84	-26.72
Changes in Unearned Premiums	232.32	216.11	304.17	190.02	25.84	113.93
Changes in Claims Reserves	-146.38	481.31	366.33	200.79	358.48	235.13
Operating Cash Flow	1,482	1,087	1,037	453	352.59	501.58
Operating Cash Flow Growth	90.98%	4.83%	128.94%	28.48%	-29.70%	-17.18%
Capital Expenditures	-62.09	-58.43	-46.14	-36.81	-35.51	-41.44
Sale of Property, Plant & Equipment	27.79	34.15	12.71	29.86	0	0.03
Purchases of Investments	-4,183	-3,770	-3,385	-2,141	-2,838	-2,419
Proceeds from Sale of Investments	3,058	3,419	2,670	1,927	2,491	1,799
Other Investing Activities	-191.71	-44.97	-48.42	-74.5	66.01	287.78
Investing Cash Flow	-1,344	-420.16	-796.66	-295.45	-316.38	-373.67
Short-Term Debt Issued	-	-	-	175	25	-
Net Short-Term Debt Issued (Repaid)	-	-	-	175	25	-
Long-Term Debt Repaid	-1.02	-1.37	-1.53	-1.1	-1.5	-0.83
Net Long-Term Debt Issued (Repaid)	-1.02	-1.37	-1.53	-1.1	-1.5	-0.83
Issuance of Common Stock	-	-	0.75	-	-	0.22
Net Common Stock Issued (Repurchased)	-	-	0.75	-	-	0.22
Common Dividends Paid	-70.34	-70.34	-70.33	-70.32	-105.48	-140.23
Financing Cash Flow	-71.36	-71.72	-71.11	103.58	-81.99	-140.84
Net Cash Flow	66.09	595.32	169.35	261.13	-45.78	-12.92
Free Cash Flow	1,419	1,029	990.98	416.19	317.08	460.14
Free Cash Flow Growth	37.97%	3.81%	138.11%	31.26%	-31.09%	-18.65%
FCF Margin	23.12%	17.17%	18.10%	8.99%	8.70%	11.52%
Free Cash Flow Per Share	25.63	18.57	17.90	7.52	5.73	8.31
Levered Free Cash Flow	1,680	699.68	829.35	492.17	-421.41	364.15
Unlevered Free Cash Flow	1,704	724.39	855.97	341.69	-431.73	379.15

Updated May 5, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q