Mercury General Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $541.1M | $468.0M | $96.3M | $-512.7M | $247.9M | $374.6M | $320.1M | $-5.7M |
| Depreciation & Amortization | $75.0M | $73.4M | $72.2M | $82.4M | $79.1M | $68.5M | $64.7M | $58.8M |
| Depreciation | $49.6M | $37.4M | $33.8M | $34.3M | $32.5M | $28.0M | $23.2M | $19.9M |
| Amortization | $900.0K | $900.0K | $900.0K | $1.0M | $1.1M | $1.0M | $5.1M | $5.5M |
| Stock-Based Compensation | — | — | — | — | $141.0K | $142.0K | $123.0K | $145.0K |
| Net Cash from Operating Activities | $1.09B | $1.04B | $453.0M | $352.6M | $501.6M | $605.6M | $519.7M | $383.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $58.4M | $46.1M | $36.8M | $35.5M | $41.4M | $40.0M | $40.1M | $28.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-420.2M | $-796.7M | $-295.5M | $-316.4M | $-373.7M | $-411.3M | $-401.2M | $-222.4M |
| Financing Activities | ||||||||
| Dividends Paid | $70.3M | $70.3M | $70.3M | $105.5M | $140.2M | $139.6M | $139.1M | $138.5M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-71.7M | $-71.1M | $103.6M | $-82.0M | $-140.8M | $-140.2M | $-138.4M | $-138.1M |
| Net Change in Cash | — | — | — | — | — | — | $-19.9M | $22.9M |
| Free Cash Flow | $1.03B | $991.0M | $416.2M | $317.1M | $460.1M | $565.7M | $479.6M | $355.5M |