GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (STU:MCG) » Definitions » Tax Rate %

Mercury General (STU:MCG) Tax Rate % : 18.16% (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Mercury General Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mercury General's Tax Expense for the three months ended in Dec. 2024 was €21 Mil. Mercury General's Pre-Tax Income for the three months ended in Dec. 2024 was €118 Mil. Therefore, Mercury General's Tax Rate % for the quarter that ended in Dec. 2024 was 18.16%.

Mercury General Tax Rate % Historical Data

The historical data trend for Mercury General's Tax Rate % 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.

* Premium members only.

Mercury General Tax Rate % Chart

Mercury General Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.30 17.16 23.56 3.11 18.60

Mercury General Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 19.56 17.66 16.68 19.58 18.16

Mercury General Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mercury General's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=102.115/549.01
=18.60 %

Mercury General's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=21.422/117.941
=18.16 %

* 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 Tax Rate % Related Terms

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

Mercury General Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (STU:MCG) » Definitions » Tax Rate %
Comparable Companies
PLMR LMND SKWD ROOT STC KMPR HMN HCI TRUP BOW PGR CB TSE:8766 TRV ALL HKSE:02328 HKSE:01339 TSX:IFC TSE:8725 HIG
Traded in Other Exchanges
MCY:USA MCG:Germany
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Website
http://www.mercuryinsurance.com
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.

Mercury General Headlines

No Headlines