Correlation
The correlation between MCY and ERIE is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
MCY vs. ERIE
Compare and contrast key facts about Mercury General Corporation (MCY) and Erie Indemnity Company (ERIE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCY or ERIE.
Performance
MCY vs. ERIE - Performance Comparison
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Key characteristics
MCY:
0.20
ERIE:
-0.23
MCY:
0.38
ERIE:
-0.23
MCY:
1.06
ERIE:
0.97
MCY:
0.08
ERIE:
-0.31
MCY:
0.16
ERIE:
-0.56
MCY:
19.77%
ERIE:
19.63%
MCY:
40.71%
ERIE:
33.46%
MCY:
-68.83%
ERIE:
-50.74%
MCY:
-23.53%
ERIE:
-35.39%
Fundamentals
MCY:
$3.31B
ERIE:
$18.24B
MCY:
$5.16
ERIE:
$11.75
MCY:
11.58
ERIE:
29.69
MCY:
1.19
ERIE:
3.05
MCY:
0.59
ERIE:
4.67
MCY:
1.82
ERIE:
8.82
MCY:
$5.60B
ERIE:
$3.32B
MCY:
-$1.20B
ERIE:
$1.70B
MCY:
$350.32M
ERIE:
$525.14M
Returns By Period
In the year-to-date period, MCY achieves a -9.57% return, which is significantly higher than ERIE's -14.81% return. Over the past 10 years, MCY has underperformed ERIE with an annualized return of 5.26%, while ERIE has yielded a comparatively higher 18.48% annualized return.
MCY
-9.57%
10.87%
-22.36%
6.96%
11.32%
13.19%
5.26%
ERIE
-14.81%
-3.61%
-18.57%
-9.18%
31.51%
17.48%
18.48%
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Risk-Adjusted Performance
MCY vs. ERIE — Risk-Adjusted Performance Rank
MCY
ERIE
MCY vs. ERIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercury General Corporation (MCY) and Erie Indemnity Company (ERIE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
MCY vs. ERIE - Dividend Comparison
MCY's dividend yield for the trailing twelve months is around 2.13%, more than ERIE's 1.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCY Mercury General Corporation | 2.13% | 1.91% | 3.41% | 5.57% | 4.78% | 4.83% | 5.16% | 4.84% | 4.67% | 4.12% | 5.31% | 4.35% |
ERIE Erie Indemnity Company | 1.51% | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% |
Drawdowns
MCY vs. ERIE - Drawdown Comparison
The maximum MCY drawdown since its inception was -68.83%, which is greater than ERIE's maximum drawdown of -50.74%. Use the drawdown chart below to compare losses from any high point for MCY and ERIE.
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Volatility
MCY vs. ERIE - Volatility Comparison
The current volatility for Mercury General Corporation (MCY) is 9.42%, while Erie Indemnity Company (ERIE) has a volatility of 14.95%. This indicates that MCY experiences smaller price fluctuations and is considered to be less risky than ERIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
MCY vs. ERIE - Financials Comparison
This section allows you to compare key financial metrics between Mercury General Corporation and Erie Indemnity Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MCY vs. ERIE - Profitability Comparison
MCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Mercury General Corporation reported a gross profit of -7.19M and revenue of 1.39B. Therefore, the gross margin over that period was -0.5%.
ERIE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a gross profit of 989.40M and revenue of 989.40M. Therefore, the gross margin over that period was 100.0%.
MCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Mercury General Corporation reported an operating income of -142.30M and revenue of 1.39B, resulting in an operating margin of -10.2%.
ERIE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported an operating income of 151.38M and revenue of 989.40M, resulting in an operating margin of 15.3%.
MCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Mercury General Corporation reported a net income of -108.33M and revenue of 1.39B, resulting in a net margin of -7.8%.
ERIE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a net income of 138.42M and revenue of 989.40M, resulting in a net margin of 14.0%.