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| Date | Value |
|---|---|
| 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% |