|
Mercury General Corporation (MCY) |
|
|
|
MCY's Operating Income Growth by Quarter and Year
Mercury General's Operating Income results by quarter and year
Select the Comparisons :
|
|
Select the Ratio:
|
Operating Income Growth Y/Y▼
|
Operating Income Growth Y/Y▼
|
MCY Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
318.15
|
58.48
|
105.81
|
277.68
|
III Quarter |
September |
59.88
|
-56.05
|
81.12
|
222.75
|
II Quarter |
June |
12.68
|
-197.64
|
210.56
|
360.84
|
I Quarter |
March |
12.54
|
-178.56
|
202.32
|
-99.89
|
FY |
|
403.25
|
-373.77
|
599.81
|
761.38
|
MCY Operating Income fourth quarter 2023 Y/Y Growth Comment |
Mercury General Corporation achieved in the fourth quarter 2023, above Company average Operating Income surge of 444.03% year on year, to $ 318.15 millions.
According to the results reported in the fourth quarter 2023, Mercury General Corporation achieved the best Operating Income growth in Property & Casualty Insurance industry. While Mercury General Corporation' s Operating Income doubling of 444.03% ranks overall at the positon no. 9 in the fourth quarter 2023.
Explain Operating Income growth
|
MCY Operating Income ( Y/Y Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
444.03 % |
-44.73 % |
-61.89 % |
189.91 % |
III Quarter |
September |
- |
- |
-63.58 % |
43.3 % |
II Quarter |
June |
- |
- |
-41.65 % |
107.05 % |
I Quarter |
March |
- |
- |
- |
- |
FY |
|
- |
- |
-21.22 % |
14.59 % |
MCY Operating Income (Quarter on Quarter Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
431.31 % |
- |
30.44 % |
24.66 % |
III Quarter |
September |
372.24 % |
- |
-61.47 % |
-38.27 % |
II Quarter |
June |
1.12 % |
- |
4.07 % |
- |
I Quarter |
March |
-78.56 % |
- |
-27.14 % |
- |
FY (Year on Year) |
|
- |
- |
-21.22 % |
14.59 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
226.65 % |
-3 % |
-183.43 % |
(Mar 31 2021) |
|
(Mar 31 2023) |
|
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
226.65 % |
-3 % |
-183.43 % |
(Mar 31 2021) |
|
(Mar 31 2023) |
|
Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Mercury General's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
1294.25 % |
108.72 % |
-92.31 % |
(Mar 31 2017) |
|
|
MCY's IV. Quarter Q/Q Operating Income Comment |
Mercury General Corporation achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 431.31%, to $ 318.15 millions, from $59.88 millions in the third quarter. Property & Casualty Insurance company is going from strength to strength, not only recording above average gain, and additionally improving pace, Sarah Wolfe, a business veteran added.
Within Property & Casualty Insurance industry Mercury General Corporation achieved highest sequential Operating Income growth. While Mercury General's Operating Income growth quarter on quarter, overall rank is 14. |
|
|
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
1294.25 % |
108.72 % |
-92.31 % |
(Mar 31 2017) |
|
|
MCY's IV. Quarter Q/Q Operating Income Comment |
Mercury General Corporation achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 431.31%, to $ 318.15 millions, from $59.88 millions in the third quarter. MCY is impressively improving, with claiming better then normal gain, and also improving pace.
Within Property & Casualty Insurance industry Mercury General Corporation achieved highest sequential Operating Income growth. While Mercury General's Operating Income growth quarter on quarter, overall rank is 14. |
|
Mercury General's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Operating Income 12 Months Ending |
$ 403.25 |
$ 143.58 |
$ 27.66 |
$ -182.66 |
$ -373.77 |
Y / Y Operating Income Growth (TTM) |
- |
- |
- |
- |
- |
Year on Year Operating Income Growth Overall
Ranking |
# |
# |
# |
# |
# |
Seqeuential Operating Income Change (TTM) |
180.85 % |
419.14 % |
- |
- |
- |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 9 |
# 16 |
# 0 |
# 2028 |
# 1363 |
Cumulative Operating Income growth
Comment |
Mercury General saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 444.03% year on year, to $ 403 millions if the fiscal year would have ended in Dec 31 2023. Mercury General's trailing twelve months Operating Income growth was higher than company's average 0% and higher than % growth in Sep 30 2023. And, Mercury General realized the fastest Operating Income growth, in Property & Casualty Insurance industry. But from twelve months ended Sep 30 2023 increase was less at 180.85 % from $143.58 millions achieved in the period from Sep 30 2023 to Dec 31 2022. Yet it was evidence of strength, as the usual Q/Q TTM Operating Income advancement is at -3%. In the Dec 31 2023 period, Mercury General had cumulative twelve months Operating Income of $ 403 millions compare to Operating Loss of $ -374 millions a year ago. Even more so, not just that MCY has returned to prosperity, it is already gaining momentum and recording above usual Operating Income surge, from the period from Sep 30 2023 to Dec 31 2022 of 180.85 % from $143.58 millions.
Mercury General Corporation achieved highest trailing twelve month year on year Operating Income growth. While overall Operating Income growth ranking, remained unchanged compare to the previous quarter at no. . |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
226.65 % |
-3 % |
-183.43 % |
|
|
|
|
|
Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
0 % |
0 % |
0 % |
|
|
|
Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 0 |
Sector |
# 1 |
S&P 500 |
# 9 |
|
Cumulative Operating Income growth
Comment |
Mercury General saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 444.03% year on year, to $ 403 millions if the fiscal year would have ended in Dec 31 2023. Mercury General's trailing twelve months Operating Income growth was higher than company's average 0% and higher than % growth in Sep 30 2023. And, Mercury General realized the fastest Operating Income growth, in Property & Casualty Insurance industry. But sequential increase was slower at 180.85 % from $143.58 millions achieved in the period from Sep 30 2023 to Dec 31 2022 Sarah Wolfe went on. Yet it was validation of positive momentum, while the average Q/Q TTM Operating Income advancement stands at -3%. The progress was much stronger from the previous reporting period clinched at 180.85 % rise from $143.58 millions in twelve months ending a quarter Sep 30 2023. In the Dec 31 2023 period, Mercury General had cumulative twelve months Operating Income of $ 403 millions compare to Operating Loss of $ -374 millions a year ago. Besides Property & Casualty Insurance company has restored the bottom-line, Mercury General by this time is improving fast and recording better then normal Operating Income gain, from the twelve months ending in the quarter before of 180.85 % from $143.58 millions.
Mercury General Corporation achieved highest trailing twelve month year on year Operating Income growth. While overall Operating Income growth ranking, remained unchanged compare to the previous quarter at no. . |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
226.65 % |
-3 % |
-183.43 % |
|
|
|
Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
0 % |
0 % |
0 % |
|
|
|
Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 0 |
Sector |
# 1 |
S&P 500 |
# 9 |
|