Company / Interest Expense
Mercury General Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$24.2M
FY2023
5-year range
$17.1M / $24.2M
FY2019-FY2023
Trend
+40.3%
vs FY2022
Sector context
#193 of 218
Financials
What the data says
Mercury General's interest expense of $24M is lower than 89% of companies in the Financials sector (FY2023). Interest Expense has increased for 4 consecutive years, from $17M in FY2019 to $24M in FY2023.
Based on SEC 10-K filings.
$24M in FY2023 with a 5-year CAGR of +7.2%.
Increased from $17M to $24M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +12.3%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Sector benchmark
Top 11% in FinancialsTop 11% of 218This company $24.2M Sector average $946.4M
▼
-97.4% below sector average
Key checks
Key Insights
- Mercury General's interest expense has grown for 4 consecutive years.
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2023, interest expense increased 40.3% year-over-year.
- Ranks #193 out of 218 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.97 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $24.2M | +40.3% |
| FY2022 | $17.2M | +0.7% |
| FY2021 | $17.1M | +0.4% |
| FY2020 | $17.0M | +0.1% |
| FY2019 | $17.0M | -0.0% |
| FY2018 | $17.0M | +12.3% |
| FY2017 | $15.2M | +475.2% |
| FY2016 | $2.6M | +109.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026