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Mercury General Corporation  (MCY)
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Mercury General's ROE per quarter

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


What is ROE for Mercury General in the forth quarter 2023?
Mercury General Corporation achieved a return on average equity (ROE) of 6.66 % in its forth quarter 2023, this is above MCY's average return on equity of 4.46%.
Mercury General Corporation shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $1,445 million

ROE has advanced compared to -7.08% in the third quarter 2023, due to net income growth.

Within the Property & Casualty Insurance industry 31 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 551, from total ROE ranking in the third quarter 2023 at 2475.

What is ROE?



Return On Equity (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 Equity Change 1.71 % -11.13 % -15.77 % -23.53 % -
Y / Y Net Income Change - - - - -
Net Income (TTM) in Millions 96 -102 -192 -361 -513
Return On Equity (TTM) 6.66 % -7.08 % -12.95 % -23.33 % -30.89 %
MCY's Total Ranking # 551 # 2475 # 2673 # 640 # 3119
Equity (TTM) in Millions 1,548 1,374 1,400 1,459 1,522
Seq. Equity Change 12.65 % -1.84 % -4.05 % -4.13 % -1.57 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 32
Sector # 312
Overall # 551

Return On Equity Statistics
High Average Low
31.61 %
4.46 %
-30.89 %
(Mar 31 2021)   (Dec 31 2022)





MCY Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 1,548 1,522 2,140 2,033 1,800
Y / Y Equity Change 1.71 % -28.88 % 5.3 % 12.95 % 11.24 %
Net Income in Millions 96 -513 248 375 320
Y / Y Net Income Change - - -33.81 % 17.03 % -
Return On Equity 6.22 % -33.68 % 11.58 % 18.43 % 17.79 %





Annual Roe Comment
In 2023 ROE improved to 6.22 % compared to the previous year, due to net income growth.


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




Companies with similar Return On Equity at Dec 31 2023, within Financial Sector ROE
International Bancshares Corporation  18.32 %
Old Second Bancorp Inc  18.15 %
Nmi Holdings Inc   17.96 %
City Holding Company  17.77 %
Commerce Bancshares Inc   17.75 %
Gaming And Leisure Properties inc   17.73 %
East West Bancorp inc   17.65 %
Cullen  17.63 %
Five Star Bancorp  17.52 %
Consumer Portfolio Services Inc   17.46 %
Merchants Bancorp  17.45 %
Consumers Bancorp Inc  17.35 %
Virtu Financial inc   17.30 %
Evercore Inc   17.26 %
World Acceptance Corp  16.99 %
Stonex Group Inc   16.99 %
The Hartford Financial Services Group Inc   16.96 %
Columbia Banking System Inc   16.96 %
Raymond James Financial Inc   16.92 %
Farmers and Merchants Bancorp  16.79 %
Cincinnati Financial Corporation  16.57 %
Credit Acceptance Corp  16.53 %
Virtus Investment Partners Inc   16.47 %
Digitalbridge Group Inc   16.41 %
South Plains Financial Inc   16.31 %
Ofg Bancorp  16.25 %
Synchrony Financial  16.19 %
Amalgamated Financial Corp   16.15 %
Coastal Financial Corporation  16.05 %
Macatawa Bank Corp  15.99 %


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



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