Mercury General Corporation (MCY) — Financial Flexibility Index
Mercury General Corporation (MCY) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $342.40 Million (operating CF $325.60 Million minus capex $16.80 Million) represents 0% of total liabilities ($7.28 Billion). Check Mercury General Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Mercury General Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Mercury General Corporation across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Mercury General Corporation.
Annual Financial Flexibility Index for Mercury General Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for Mercury General Corporation. Explore MCY debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | $1.15 Billion | $1.09 Billion | $7.14 Billion | ▼ -5.8% |
| 2024 | 0.17x | $1.08 Billion | $1.04 Billion | $6.36 Billion | ▲ +93.1% |
| 2023 | 0.09x | $489.80 Million | $452.99 Million | $5.56 Billion | ▲ +13.4% |
| 2022 | 0.08x | $388.10 Million | $352.59 Million | $4.99 Billion | ▼ -33.7% |
| 2021 | 0.12x | $543.03 Million | $501.58 Million | $4.63 Billion | ▼ -22.0% |
| 2020 | 0.15x | $645.57 Million | $605.62 Million | $4.30 Billion | ▲ +9.8% |
| 2019 | 0.14x | $559.77 Million | $519.68 Million | $4.09 Billion | ▲ +27.0% |
| 2018 | 0.11x | $411.39 Million | $383.43 Million | $3.82 Billion | ▼ -0.2% |
| 2017 | 0.11x | $360.85 Million | $341.40 Million | $3.34 Billion | ▲ +7.7% |
| 2016 | 0.10x | $304.45 Million | $287.47 Million | $3.04 Billion | ▲ +33.8% |
| 2015 | 0.07x | $210.36 Million | $190.24 Million | $2.81 Billion | ▼ -25.1% |
| 2014 | 0.10x | $272.57 Million | $246.53 Million | $2.72 Billion | ▲ +9.1% |
| 2013 | 0.09x | $228.47 Million | $209.80 Million | $2.49 Billion | ▲ +31.8% |
| 2012 | 0.07x | $163.24 Million | $148.06 Million | $2.35 Billion | ▼ -12.9% |
| 2011 | 0.08x | $176.60 Million | $158.53 Million | $2.21 Billion | ▲ +59.3% |
| 2010 | 0.05x | $120.67 Million | $91.78 Million | $2.41 Billion | ▼ -45.3% |
| 2009 | 0.09x | $225.36 Million | $189.03 Million | $2.46 Billion | ▲ +98.8% |
| 2008 | 0.05x | $113.11 Million | $64.60 Million | $2.46 Billion | ▼ -54.5% |
| 2007 | 0.10x | $258.16 Million | $216.12 Million | $2.55 Billion | ▼ -35.3% |
| 2006 | 0.16x | $402.58 Million | $361.94 Million | $2.58 Billion | ▼ -28.5% |
| 2005 | 0.22x | $532.03 Million | $489.82 Million | $2.43 Billion | ▼ -5.0% |
| 2004 | 0.23x | $494.85 Million | $468.66 Million | $2.15 Billion | ▼ -10.5% |
| 2003 | 0.26x | $479.47 Million | $444.45 Million | $1.86 Billion | ▲ +6.9% |
| 2002 | 0.24x | $371.95 Million | $342.56 Million | $1.55 Billion | ▲ +37.8% |
| 2001 | 0.17x | $217.55 Million | $199.45 Million | $1.25 Billion | ▲ +19.9% |
| 2000 | 0.15x | $161.41 Million | $153.07 Million | $1.11 Billion | ▼ -26.8% |
| 1999 | 0.20x | $198.19 Million | $188.93 Million | $996.78 Million | ▼ -4.3% |
| 1998 | 0.21x | $199.30 Million | $192.14 Million | $959.65 Million | ▼ -30.1% |
| 1997 | 0.30x | $275.06 Million | $268.21 Million | $925.94 Million | ▲ +14.2% |
| 1996 | 0.26x | $202.59 Million | $196.62 Million | $778.71 Million | ▼ -4.5% |
| 1995 | 0.27x | $140.67 Million | $136.56 Million | $516.47 Million | ▼ -92.9% |
| 1994 | 3.84x | $95.90 Million | $92.20 Million | $25.00 Million | ▼ -30.7% |
| 1993 | 5.53x | $83.00 Million | $75.90 Million | $15.00 Million | ▲ +358.6% |
| 1992 | 1.21x | $40.30 Million | $33.10 Million | $33.40 Million | ▼ -57.9% |
| 1991 | 2.87x | $47.30 Million | $46.20 Million | $16.50 Million | ▼ -26.3% |
| 1990 | 3.89x | $75.80 Million | $73.70 Million | $19.50 Million | ▼ -18.6% |
| 1989 | 4.77x | $107.40 Million | $105.40 Million | $22.50 Million | — |