Mercury General (MCY) Gross Margin (2009 - 2026)

Mercury General's (MCY) quarterly Gross Margin came in at 35.77% in Q1 2026, up 3091.0% YoY from 1.12% in Q1 2025, and down 87.38% on a QoQ basis from 283.3% in Q4 2025.

Mercury General (MCY) Gross Margin (2009 - 2026) Analysis & Trends

Mercury General (MCY) has 18 years of Gross Margin data on file, last reported at 35.77% in Q1 2026.

  • Quarterly Gross Margin rose 3091.0% year-over-year to 35.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 111.54% (up 8840.0% YoY) and the FY2025 annual result came in at 92.84%, up 6013.0% from the prior year.
  • Gross Margin eased to 35.77% in Q1 2026, from 283.3% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 283.3% in Q4 2025 to a low of 213.67% in Q4 2022.
  • A 5-year average of 38.63% and a median of 30.46% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 23241 bps — and 2023, when it soared 30840 bps.
  • Tracing MCY's Gross Margin over 5 years: stood at 213.67% in 2022, then jumped by 144 bps to 94.73% in 2023, then sank by 66 bps to 32.26% in 2024, then jumped by 778 bps to 283.3% in 2025, then plunged by 87 bps to 35.77% in 2026.
  • The last three Gross Margin figures came in at 35.77% (Q1 2026), 283.3% (Q4 2025), and 92.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn 57.69%
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn 38.28%
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn 44.93%
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn 87.55%
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - -
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn 55.85%
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn 54.18%
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn 70.46%
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 78.34%
10 Mercury General 5.82 Bn -16.06 Bn 708.49 Mn 42.13%

Historic Data

Download Data
DateValue
Jun 30, 2026 42.13%
Mar 31, 2026 35.77%
Dec 31, 2025 283.30%
Sep 30, 2025 92.31%
Jun 30, 2025 36.39%
Mar 31, 2025 4.85%
Dec 31, 2024 32.26%
Sep 30, 2024 30.46%
Jun 30, 2024 24.22%
Mar 31, 2024 93.39%
Dec 31, 2023 94.73%
Sep 30, 2023 22.67%
Jun 30, 2023 13.21%
Mar 31, 2023 93.06%
Dec 31, 2022 -213.67%
Sep 30, 2022 21.01%
Jun 30, 2022 -5.24%
Mar 31, 2022 -2.04%
Dec 31, 2021 18.74%
Sep 30, 2021 25.14%