Mercury General Revenue 2024

Mercury General Revenue

5.45 B USD

Mercury General Dividend yield

2.27 %

Ticker

MCY

ISIN

US5894001008

WKN

870346

In 2024, Mercury General's sales reached 5.45 B USD, a 17.81% difference from the 4.63 B USD sales recorded in the previous year.

The Mercury General Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2026e5.15-
2025e6.14-
2024e5.45-
20234.63-
20223.64-
20213.99-
20203.78-
20193.97-
20183.38-
20173.42-
20163.23-
20153.01-
20143.01-
20132.82-
20122.78-
20112.78-
20102.78-
20093.12-
20082.41-
20073.18-
20063.17-
20052.99-
20042.67-

Mercury General Aktienanalyse

What does Mercury General do?

The Mercury General Corp is an American insurer founded in 1961. The company's headquarters is located in Los Angeles, California. The company offers car insurance for private customers as well as commercial insurance for businesses. Mercury General Corp serves over one million customers and is present in 11 states. The history of Mercury General Corp began in the 1960s when George Joseph founded the company. Initially, the company only offered car insurance, but quickly expanded its offerings to include other areas such as homeowners and personal property insurance. An important element of Mercury General Corp's business model is its focus on the "Direct to Consumer" distribution model. This means that the company sells its products directly to the customer and does not use intermediaries. This allows the company to keep costs low and offer competitive prices. Mercury General Corp's insurance offerings are divided into various categories. The main products are car insurance, with different coverage options such as liability, comprehensive, and collision offered. Additionally, the company offers personal property insurance to cover the contents of residential buildings. Commercial insurance is also offered, tailored to the needs of small and medium-sized businesses. Another important division of Mercury General Corp is its specialized car insurance, which is focused on specific niche markets. One example is insurance for vintage vehicles, which requires special requirements. The company also offers insurance for young drivers, with higher premiums demanded due to the higher risk. Over the years, Mercury General Corp has received several awards that underline the company's commitment to excellent customer service and high-quality insurance products. For example, the company was named the best car insurer in California by the J.D. Power & Associates Customer Satisfaction Index in 2012. Overall, Mercury General Corp has established itself as a reliable insurer that offers a wide range of products at competitive prices. With its focus on direct sales, the company is well positioned to continue its success in the future. Mercury General ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Mercury General's Sales Figures

The sales figures of Mercury General originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Mercury General’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Mercury General's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Mercury General’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Mercury General Stock

How much revenue did Mercury General generate this year?

Mercury General has achieved a revenue of 5.45 B USD this year.

How much was the turnover of the company Mercury General compared to the previous year?

The revenue of Mercury General has increased by 17.81% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Mercury General?

The revenue of Mercury General is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Mercury General measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Mercury General so important for investors?

The revenue of Mercury General is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Mercury General pay?

Over the past 12 months, Mercury General paid a dividend of 1.27 USD . This corresponds to a dividend yield of about 2.27 %. For the coming 12 months, Mercury General is expected to pay a dividend of 1.05 USD.

What is the dividend yield of Mercury General?

The current dividend yield of Mercury General is 2.27 %.

When does Mercury General pay dividends?

Mercury General pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Mercury General?

Mercury General paid dividends every year for the past 40 years.

What is the dividend of Mercury General?

For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 1.89 %.

In which sector is Mercury General located?

Mercury General is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Mercury General kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mercury General from 6/27/2024 amounting to 0.318 USD, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Mercury General pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Mercury General in the year 2023?

In the year 2023, Mercury General distributed 1.905 USD as dividends.

In which currency does Mercury General pay out the dividend?

The dividends of Mercury General are distributed in USD.

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Andere Kennzahlen von Mercury General

Our stock analysis for Mercury General Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mercury General Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.