CSIMarket
 


Mercury General Corporation  (MCY)
Other Ticker:  
 


Mercury General's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Mercury General's ROA in the fourth quarter of 2023?
Mercury General Corporation achieved a return on average assets (ROA) of 1.39 % in its fourth quarter of 2023, which is below Mercury General's average return on assets, which stands at 1.75%.

ROA has improved compared to -1.53% in the third quarter of 2023, due to net income growth.

However, within the Financial sector 208 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 1392, from total ROA ranking in the third quarter of 2023 at 2783.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 19.31 % 16.9 % -5.4 % -8.13 % -9.64 %
Y / Y Net Income Change - - - - -
Net Income (TTM) in million 96 -102 -192 -361 -513
Return On Assets (TTM) 1.39 % -1.53 % -3.01 % -5.58 % -7.75 %
MCY's Total Ranking # 1392 # 2783 # 3071 # 3347 # 3901
Total Assets (TTM) in million 7,524 7,365 6,534 6,389 6,306
Seq. Total Assets Change 2.16 % 12.71 % 2.27 % 1.32 % 0.1 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 30
Sector # 209
Overall # 1389

Return On Assets Statistics
High Average Low
9.95 %
1.75 %
-7.85 %
(Mar 31 2021)   (Dec 31 2022)





Financial Statements
Mercury General's Assets $ 7,524 million MCY's Balance sheet
Mercury General's Income $ 191 million Quarterly MCY's Income Statement
MCY's Income by Division See MCY's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 19.31 % -9.64 % 5.29 % 17.36 % 8.5 %
Total Assets in million 7,524 6,306 6,979 6,629 5,648
Y / Y Net Income Change - - -33.81 % 17.03 % -
Net Income in million 96 -513 248 375 320
Return On Assets 1.28 % -8.13 % 3.55 % 5.65 % 5.67 %




Comment on MCY's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 1.28 % compared to prior year, due to annual net income growth of % to $96.34 million, while value of Mercury General's overall assets grew just by 19.31 % to $7,523.60 million, compared to $7,523.60 a year before.


More Return On Assets Ratios
MCY's' Return on Assets at Yahoo Finance
Property & Casualty Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
MCY's Roa Ratio versus Property & Casualty Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MCY's Competitors
Roa for Mercury General's Suppliers
Return On Assets for MCY's Customers

You may also want to know
MCY's Roi MCY's Inventory Turnover Ratio MCY's Growth Rates MCY's Dividend Comparisons
MCY's Profitability Ratios MCY's Asset Turnover Ratio MCY's Dividend Growth
MCY's Roe MCY's Valuation Ratios MCY's Financial Strength Ratios MCY's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Financial Sector ROA
Ares Management Corporation  3.80 %
W P Carey Inc   3.80 %
Equity Commonwealth  3.79 %
Mr Cooper Group Inc   3.74 %
Kimco Realty Corporation  3.69 %
Globe Life Inc   3.60 %
Aflac Incorporated  3.60 %
Evergreen Corporation  3.60 %
The Cigna Group  3.58 %
Mars Acquisition Corp   3.57 %
Seven Hills Realty Trust  3.56 %
American Homes 4 Rent  3.44 %
Franklin Resources Inc   3.41 %
American Express Co  3.38 %
Hennessy Advisors Inc  3.36 %
The Hartford Financial Services Group Inc   3.33 %
Employers Holdings Inc   3.27 %
Bread Financial Holdings Inc   3.25 %
Selective Insurance Group Inc   3.21 %
Stag Industrial inc   3.18 %
Equinix Inc   3.05 %
Caretrust Reit Inc   2.98 %
Regions Financial Corporation  2.98 %
Federal Realty Investment Trust  2.97 %
Arisz Acquisition Corp   2.96 %
American Financial Group Inc   2.88 %
Blue World Acquisition Corporation  2.84 %
Ready Capital Corporation  2.83 %
International Bancshares Corporation  2.75 %
Onemain Holdings Inc   2.72 %


Date modified: 2024-02-17T00:27:06+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com