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Side-by-side financial comparison of AMDOCS LTD (DOX) and MERCURY GENERAL CORP (MCY). Click either name above to swap in a different company.

MERCURY GENERAL CORP is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.2× AMDOCS LTD). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs 11.2%, a 2.0% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% vs 1.1%). Over the past eight quarters, MERCURY GENERAL CORP's revenue compounded faster (9.8% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.

DOX vs MCY — Head-to-Head

Bigger by revenue
MCY
MCY
1.2× larger
MCY
$1.5B
$1.3B
DOX
Growing faster (revenue YoY)
MCY
MCY
+11.3% gap
MCY
12.4%
1.1%
DOX
Higher net margin
MCY
MCY
2.0% more per $
MCY
13.2%
11.2%
DOX
Faster 2-yr revenue CAGR
MCY
MCY
Annualised
MCY
9.8%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
MCY
MCY
Revenue
$1.3B
$1.5B
Net Profit
$140.3M
$202.5M
Gross Margin
99.7%
Operating Margin
14.1%
16.2%
Net Margin
11.2%
13.2%
Revenue YoY
1.1%
12.4%
Net Profit YoY
-12.0%
100.4%
EPS (diluted)
$1.21
$3.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOX
DOX
MCY
MCY
Q4 25
$1.5B
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$1.3B
$1.3B
Q1 24
$1.2B
$1.3B
Net Profit
DOX
DOX
MCY
MCY
Q4 25
$202.5M
Q3 25
$280.4M
Q2 25
$166.5M
Q1 25
$-108.3M
Q4 24
$101.1M
Q3 24
$230.9M
Q2 24
$140.3M
$62.6M
Q1 24
$118.5M
$73.5M
Gross Margin
DOX
DOX
MCY
MCY
Q4 25
99.7%
Q3 25
99.8%
Q2 25
99.8%
Q1 25
99.7%
Q4 24
99.7%
Q3 24
99.8%
Q2 24
99.8%
Q1 24
99.7%
Operating Margin
DOX
DOX
MCY
MCY
Q4 25
16.2%
Q3 25
22.1%
Q2 25
14.0%
Q1 25
-10.2%
Q4 24
9.0%
Q3 24
18.8%
Q2 24
14.1%
5.8%
Q1 24
12.5%
7.0%
Net Margin
DOX
DOX
MCY
MCY
Q4 25
13.2%
Q3 25
17.7%
Q2 25
11.3%
Q1 25
-7.8%
Q4 24
7.4%
Q3 24
15.1%
Q2 24
11.2%
4.8%
Q1 24
9.5%
5.8%
EPS (diluted)
DOX
DOX
MCY
MCY
Q4 25
$3.66
Q3 25
$5.06
Q2 25
$3.01
Q1 25
$-1.96
Q4 24
$1.82
Q3 24
$4.17
Q2 24
$1.21
$1.13
Q1 24
$1.01
$1.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$575.0M
Stockholders' EquityBook value
$2.4B
Total Assets
$9.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Total Debt
DOX
DOX
MCY
MCY
Q4 25
$575.0M
Q3 25
Q2 25
Q1 25
Q4 24
$575.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DOX
DOX
MCY
MCY
Q4 25
$2.4B
Q3 25
$2.2B
Q2 25
$2.0B
Q1 25
$1.8B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$1.6B
Q1 24
$1.6B
Total Assets
DOX
DOX
MCY
MCY
Q4 25
$9.6B
Q3 25
$9.4B
Q2 25
$9.1B
Q1 25
$9.0B
Q4 24
$8.3B
Q3 24
$8.2B
Q2 24
$7.7B
Q1 24
$7.4B
Debt / Equity
DOX
DOX
MCY
MCY
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
Q4 24
0.30×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
MCY
MCY
Operating Cash FlowLast quarter
$287.9M
Free Cash FlowOCF − Capex
$273.9M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
MCY
MCY
Q4 25
$287.9M
Q3 25
$496.4M
Q2 25
$371.6M
Q1 25
$-68.7M
Q4 24
$248.3M
Q3 24
$318.1M
Q2 24
$278.0M
Q1 24
$192.6M
Free Cash Flow
DOX
DOX
MCY
MCY
Q4 25
$273.9M
Q3 25
$479.5M
Q2 25
$357.2M
Q1 25
$-81.9M
Q4 24
$236.0M
Q3 24
$306.2M
Q2 24
$266.5M
Q1 24
$182.4M
FCF Margin
DOX
DOX
MCY
MCY
Q4 25
17.8%
Q3 25
30.3%
Q2 25
24.2%
Q1 25
-5.9%
Q4 24
17.3%
Q3 24
20.0%
Q2 24
20.4%
Q1 24
14.3%
Capex Intensity
DOX
DOX
MCY
MCY
Q4 25
0.9%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
0.9%
Q4 24
0.9%
Q3 24
0.8%
Q2 24
0.9%
Q1 24
0.8%
Cash Conversion
DOX
DOX
MCY
MCY
Q4 25
1.42×
Q3 25
1.77×
Q2 25
2.23×
Q1 25
Q4 24
2.46×
Q3 24
1.38×
Q2 24
4.44×
Q1 24
2.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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