Mercury General Corporation (MCY) — Cash Flow Quality Index

Latest as of March 2026: 1.71x

Mercury General Corporation (MCY) has a Cash Flow Quality Index of 1.71x as of March 2026. Operating cash flow of $325.60 Million exceeds net income of $190.42 Million, indicating high earnings quality where cash backs reported profits. Explore Mercury General Corporation (MCY) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.71x
Operating CF / Net Income

Operating Cash Flow

$325.60 Million
USD

Net Income

$190.42 Million
USD

Data as of

Mar 2026
Most recent filing

Mercury General Corporation Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for Mercury General Corporation across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MCY cash generation efficiency.

Annual Cash Flow Quality Index for Mercury General Corporation (1989–2025)

Year-by-year earnings quality comparison for Mercury General Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.01x $1.09 Billion $541.09 Million ▼ -9.3%
2024 2.22x $1.04 Billion $467.95 Million ▼ -52.9%
2023 4.70x $452.99 Million $96.34 Million ▲ +132.4%
2021 2.02x $501.58 Million $247.94 Million ▲ +25.1%
2020 1.62x $605.62 Million $374.61 Million ▼ -0.4%
2019 1.62x $519.68 Million $320.09 Million ▼ -31.1%
2017 2.36x $341.40 Million $144.88 Million ▼ -40.1%
2016 3.94x $287.47 Million $73.04 Million ▲ +54.1%
2015 2.55x $190.24 Million $74.48 Million ▲ +84.4%
2014 1.39x $246.53 Million $177.95 Million ▼ -25.9%
2013 1.87x $209.80 Million $112.14 Million ▲ +47.7%
2012 1.27x $148.06 Million $116.91 Million ▲ +52.7%
2011 0.83x $158.53 Million $191.16 Million ▲ +37.5%
2010 0.60x $91.78 Million $152.20 Million ▲ +28.6%
2009 0.47x $189.03 Million $403.07 Million ▼ -48.4%
2007 0.91x $216.12 Million $237.83 Million ▼ -46.1%
2006 1.68x $361.94 Million $214.82 Million ▼ -12.9%
2005 1.93x $489.82 Million $253.26 Million ▲ +18.1%
2004 1.64x $468.66 Million $286.21 Million ▼ -32.1%
2003 2.41x $444.45 Million $184.32 Million ▼ -53.5%
2002 5.18x $342.56 Million $66.11 Million ▲ +173.7%
2001 1.89x $199.45 Million $105.34 Million ▲ +35.3%
2000 1.40x $153.07 Million $109.37 Million ▼ -0.9%
1999 1.41x $188.93 Million $133.71 Million ▲ +30.5%
1998 1.08x $192.14 Million $177.53 Million ▼ -36.9%
1997 1.72x $268.21 Million $156.31 Million ▼ -7.7%
1996 1.86x $196.62 Million $105.76 Million ▲ +22.9%
1995 1.51x $136.56 Million $90.30 Million ▲ +8.7%
1994 1.39x $92.20 Million $66.30 Million ▲ +76.3%
1993 0.79x $75.90 Million $96.20 Million ▲ +98.6%
1992 0.40x $33.10 Million $83.30 Million ▼ -43.7%
1991 0.71x $46.20 Million $65.50 Million ▼ -50.6%
1990 1.43x $73.70 Million $51.60 Million ▼ -54.1%
1989 3.11x $105.40 Million $33.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.