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Mercury General (FRA:MCG) Research & Development : €0 Mil (TTM As of Mar. 2024)


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What is Mercury General Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mercury General's Research & Development for the three months ended in Mar. 2024 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €0 Mil.

Mercury General Research & Development Historical Data

The historical data trend for Mercury General's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mercury General Research & Development Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Mercury General Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercury General  (FRA:MCG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Mercury General Research & Development Related Terms

Thank you for viewing the detailed overview of Mercury General's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercury General (FRA:MCG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (FRA:MCG) » Definitions » Research & Development
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Traded in Other Exchanges
MCY:USA
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Website
http://www.mercuryinsurance.com
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.

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