Mercury General Debt-to-Equity Ratio Growth & History (MCY)
Mercury General's debt-to-equity ratio was 0.24 for fiscal 2025.
View full Mercury General company overviewMercury General annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.24 | −0.06 | −19.90% |
| 2024 | 2024-12-31 | 0.30 | −0.08 | −20.60% |
| 2023 | 2023-12-31 | 0.38 | 0.10 | +36.81% |
| 2022 | 2022-12-31 | 0.28 | 0.09 | +44.97% |
| 2021 | 2021-12-31 | 0.19 | −0.01 | −7.05% |
| 2020 | 2020-12-31 | 0.21 | −0.03 | −11.75% |
| 2019 | 2019-12-31 | 0.24 | 0.00 | +1.40% |
| 2018 | 2018-12-31 | 0.23 | 0.02 | +8.88% |
| 2017 | 2017-12-31 | 0.21 | — | — |
| 2013 | 2013-12-31 | 0.07 | 0.00 | +1.10% |
| 2012 | 2012-12-31 | 0.07 | — | — |
Mercury General quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.34 | 0.33 | +4116.83% |
| Q1 2026 | 2026-03-31 | 0.00 | −0.00 | −50.20% |
| Q4 2025 | 2025-12-31 | 0.24 | −0.06 | −19.90% |
| Q3 2025 | 2025-09-30 | 0.01 | −0.00 | −18.61% |
| Q2 2025 | 2025-06-30 | 0.01 | −0.00 | −6.65% |
| Q1 2025 | 2025-03-31 | 0.01 | 0.00 | +9.08% |
| Q4 2024 | 2024-12-31 | 0.30 | −0.08 | −20.60% |
| Q3 2024 | 2024-09-30 | 0.01 | −0.01 | −45.54% |
| Q2 2024 | 2024-06-30 | 0.01 | −0.01 | −40.01% |
| Q1 2024 | 2024-03-31 | 0.01 | −0.00 | −32.30% |
| Q4 2023 | 2023-12-31 | 0.38 | 0.10 | +36.81% |
| Q3 2023 | 2023-09-30 | 0.01 | −0.00 | −18.71% |
| Q2 2023 | 2023-06-30 | 0.01 | −0.00 | −19.86% |
| Q1 2023 | 2023-03-31 | 0.01 | −0.00 | −20.77% |
| Q4 2022 | 2022-12-31 | 0.28 | 0.09 | +44.97% |
| Q3 2022 | 2022-09-30 | 0.02 | −0.00 | −0.74% |
| Q2 2022 | 2022-06-30 | 0.02 | −0.00 | −2.06% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.00 | −16.07% |
| Q4 2021 | 2021-12-31 | 0.19 | −0.01 | −7.05% |
| Q3 2021 | 2021-09-30 | 0.02 | −0.01 | −26.72% |
| Q2 2021 | 2021-06-30 | 0.02 | −0.01 | −28.70% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.01 | −32.77% |
| Q4 2020 | 2020-12-31 | 0.21 | −0.03 | −11.75% |
| Q3 2020 | 2020-09-30 | 0.02 | −0.00 | −13.23% |
| Q2 2020 | 2020-06-30 | 0.03 | −0.00 | −3.63% |
| Q1 2020 | 2020-03-31 | 0.03 | 0.00 | +17.60% |
| Q4 2019 | 2019-12-31 | 0.24 | 0.00 | +1.40% |
| Q3 2019 | 2019-09-30 | 0.03 | — | — |
| Q2 2019 | 2019-06-30 | 0.03 | — | — |
| Q1 2019 | 2019-03-31 | 0.03 | — | — |
| Q4 2018 | 2018-12-31 | 0.23 | 0.02 | +8.88% |
| Q4 2017 | 2017-12-31 | 0.21 | — | — |
| Q4 2013 | 2013-12-31 | 0.07 | 0.00 | +1.10% |
| Q4 2012 | 2012-12-31 | 0.07 | — | — |
Mercury General debt-to-equity ratio trends
Over the last five fiscal years, Mercury General's debt-to-equity ratio increased from 0.21 to 0.24, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.34.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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