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MCY (Mercury General) 10-Year ROIIC % : 9.57% (As of Dec. 2024)


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What is Mercury General 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Mercury General's 10-Year ROIIC % for the quarter that ended in Dec. 2024 was 9.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mercury General's 10-Year ROIIC % or its related term are showing as below:

MCY's 10-Year ROIIC % is ranked better than
78.18% of 275 companies
in the Insurance industry
Industry Median: 2.77 vs MCY: 9.57

Mercury General 10-Year ROIIC % Historical Data

The historical data trend for Mercury General's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Mercury General Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.08 2.60 -28.33 0.26 9.57

Mercury General Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 - - - 9.57

Competitive Comparison of Mercury General's 10-Year ROIIC %

For the Insurance - Property & Casualty subindustry, Mercury General's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercury General's 10-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mercury General's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mercury General's 10-Year ROIIC % falls into.


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Mercury General 10-Year ROIIC % Calculation

Mercury General's 10-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 493.043056 (Dec. 2024) - 179.8445904 (Dec. 2014) )/( 7601.28665 (Dec. 2024) - 4330.08365 (Dec. 2014) )
=313.1984656/3271.203
=9.57%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Mercury General  (NYSE:MCY) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Mercury General 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Mercury General's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercury General Business Description

Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Mercury General Corp is an insurance holding company. It is engaged in writing personal automobile insurance and provides related property and casualty insurance products. The Company offers the following types of automobile coverage: collision, property damage, bodily injury ("BI"), comprehensive, personal injury protection ("PIP"), underinsured and uninsured motorist, and other hazards. The Company offers the following types of homeowners coverage: dwelling, liability, personal property, and other coverages.
Executives
Mark Allan Ribisi officer: President of AIS,subsidiary 16969 VON KARMAN AVE., IRVINE CA 92606
Heidi C. Sullivan officer: Vice President, Human Res. 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
Joshua Eric Little director 192 E 200 N, THIRD FLOOR, ST. GEORGE UT 84770
Wei Pang officer: VP/Chief Technology Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Katelyn Marie Gibbs officer: VP/Chief Experience Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Kelly Lynn Butler officer: VP/Chief Underwriting Officer 1700 GREENBRIAR LANE, BREA CA 92821
Joseph Vicky Wai Yee director 4484 WILSHIRE BLVD., LOS ANGELES CA 90010
George Joseph director, officer: Chairman of the Board 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
George Gwyer Braunegg director 6121 SHENANDOAH AVE., LOS ANGELES CA 90010
Abby Hosseini officer: VP/Chief Information Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Brandt Minnich officer: Vice President, Marketing 1700 GREENBRIAR LANE, BREA CA 92821
Gabriel Tirador officer: President, other: Director
Charles Toney officer: Vice President
Jeffrey Michael Schroeder officer: VP/Chief Product Officer 1700 GREENBRIAR LANE, BREA CA 92821
Mike Curtius director