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Side-by-side financial comparison of FMC CORP (FMC) 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 $759.0M, roughly 2.0× FMC CORP). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs -37.0%, a 50.2% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% vs -4.0%). MERCURY GENERAL CORP produced more free cash flow last quarter ($273.9M vs $-628.1M). Over the past eight quarters, MERCURY GENERAL CORP's revenue compounded faster (9.8% CAGR vs -14.5%).

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. In 1941 at the beginning of US involvement in WWII, the company received a contract to design and build amphibious tracked landing vehicles for the United States Department of War, and afterwards the company continued to diversify its products. FMC employs 7,000 people worldwide, and had gros...

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.

FMC vs MCY — Head-to-Head

Bigger by revenue
MCY
MCY
2.0× larger
MCY
$1.5B
$759.0M
FMC
Growing faster (revenue YoY)
MCY
MCY
+16.5% gap
MCY
12.4%
-4.0%
FMC
Higher net margin
MCY
MCY
50.2% more per $
MCY
13.2%
-37.0%
FMC
More free cash flow
MCY
MCY
$902.0M more FCF
MCY
$273.9M
$-628.1M
FMC
Faster 2-yr revenue CAGR
MCY
MCY
Annualised
MCY
9.8%
-14.5%
FMC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FMC
FMC
MCY
MCY
Revenue
$759.0M
$1.5B
Net Profit
$-281.2M
$202.5M
Gross Margin
99.7%
Operating Margin
-10.6%
16.2%
Net Margin
-37.0%
13.2%
Revenue YoY
-4.0%
12.4%
Net Profit YoY
100.4%
EPS (diluted)
$-2.25
$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
FMC
FMC
MCY
MCY
Q1 26
$759.0M
Q4 25
$1.1B
$1.5B
Q3 25
$542.2M
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$791.4M
$1.4B
Q4 24
$1.2B
$1.4B
Q3 24
$1.1B
$1.5B
Q2 24
$1.0B
$1.3B
Net Profit
FMC
FMC
MCY
MCY
Q1 26
$-281.2M
Q4 25
$-1.7B
$202.5M
Q3 25
$-569.3M
$280.4M
Q2 25
$66.7M
$166.5M
Q1 25
$-15.5M
$-108.3M
Q4 24
$-16.3M
$101.1M
Q3 24
$65.0M
$230.9M
Q2 24
$295.1M
$62.6M
Gross Margin
FMC
FMC
MCY
MCY
Q1 26
Q4 25
39.8%
99.7%
Q3 25
23.8%
99.8%
Q2 25
38.7%
99.8%
Q1 25
40.0%
99.7%
Q4 24
42.9%
99.7%
Q3 24
36.3%
99.8%
Q2 24
38.3%
99.8%
Operating Margin
FMC
FMC
MCY
MCY
Q1 26
-10.6%
Q4 25
-130.8%
16.2%
Q3 25
-73.1%
22.1%
Q2 25
12.0%
14.0%
Q1 25
7.4%
-10.2%
Q4 24
19.2%
9.0%
Q3 24
12.7%
18.8%
Q2 24
6.0%
5.8%
Net Margin
FMC
FMC
MCY
MCY
Q1 26
-37.0%
Q4 25
-158.8%
13.2%
Q3 25
-105.0%
17.7%
Q2 25
6.3%
11.3%
Q1 25
-2.0%
-7.8%
Q4 24
-1.3%
7.4%
Q3 24
6.1%
15.1%
Q2 24
28.4%
4.8%
EPS (diluted)
FMC
FMC
MCY
MCY
Q1 26
$-2.25
Q4 25
$-13.77
$3.66
Q3 25
$-4.52
$5.06
Q2 25
$0.53
$3.01
Q1 25
$-0.12
$-1.96
Q4 24
$-0.13
$1.82
Q3 24
$0.52
$4.17
Q2 24
$2.35
$1.13

Balance Sheet & Financial Strength

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

Metric
FMC
FMC
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
$390.9M
Total DebtLower is stronger
$2.8B
$575.0M
Stockholders' EquityBook value
$1.8B
$2.4B
Total Assets
$9.4B
$9.6B
Debt / EquityLower = less leverage
1.50×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMC
FMC
MCY
MCY
Q1 26
$390.9M
Q4 25
$584.5M
Q3 25
$497.7M
Q2 25
$438.2M
Q1 25
$315.3M
Q4 24
$357.3M
Q3 24
$416.7M
Q2 24
$471.5M
Total Debt
FMC
FMC
MCY
MCY
Q1 26
$2.8B
Q4 25
$3.4B
$575.0M
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.1B
Q4 24
$3.1B
$575.0M
Q3 24
$3.1B
Q2 24
$3.1B
Stockholders' Equity
FMC
FMC
MCY
MCY
Q1 26
$1.8B
Q4 25
$2.1B
$2.4B
Q3 25
$3.8B
$2.2B
Q2 25
$4.4B
$2.0B
Q1 25
$4.4B
$1.8B
Q4 24
$4.5B
$1.9B
Q3 24
$4.6B
$1.9B
Q2 24
$4.6B
$1.6B
Total Assets
FMC
FMC
MCY
MCY
Q1 26
$9.4B
Q4 25
$9.7B
$9.6B
Q3 25
$12.1B
$9.4B
Q2 25
$12.3B
$9.1B
Q1 25
$11.8B
$9.0B
Q4 24
$11.7B
$8.3B
Q3 24
$12.2B
$8.2B
Q2 24
$12.1B
$7.7B
Debt / Equity
FMC
FMC
MCY
MCY
Q1 26
1.50×
Q4 25
1.62×
0.24×
Q3 25
0.89×
Q2 25
0.76×
Q1 25
0.71×
Q4 24
0.69×
0.30×
Q3 24
0.68×
Q2 24
0.68×

Cash Flow & Capital Efficiency

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

Metric
FMC
FMC
MCY
MCY
Operating Cash FlowLast quarter
$287.9M
Free Cash FlowOCF − Capex
$-628.1M
$273.9M
FCF MarginFCF / Revenue
-82.8%
17.8%
Capex IntensityCapex / Revenue
2.2%
0.9%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$-154.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMC
FMC
MCY
MCY
Q1 26
Q4 25
$657.1M
$287.9M
Q3 25
$-184.2M
$496.4M
Q2 25
$65.9M
$371.6M
Q1 25
$-545.0M
$-68.7M
Q4 24
$427.9M
$248.3M
Q3 24
$159.5M
$318.1M
Q2 24
$292.2M
$278.0M
Free Cash Flow
FMC
FMC
MCY
MCY
Q1 26
$-628.1M
Q4 25
$631.1M
$273.9M
Q3 25
$-207.9M
$479.5M
Q2 25
$50.9M
$357.2M
Q1 25
$-576.6M
$-81.9M
Q4 24
$406.3M
$236.0M
Q3 24
$143.8M
$306.2M
Q2 24
$282.3M
$266.5M
FCF Margin
FMC
FMC
MCY
MCY
Q1 26
-82.8%
Q4 25
58.3%
17.8%
Q3 25
-38.3%
30.3%
Q2 25
4.8%
24.2%
Q1 25
-72.9%
-5.9%
Q4 24
33.2%
17.3%
Q3 24
13.5%
20.0%
Q2 24
27.2%
20.4%
Capex Intensity
FMC
FMC
MCY
MCY
Q1 26
2.2%
Q4 25
2.4%
0.9%
Q3 25
4.4%
1.1%
Q2 25
1.4%
1.0%
Q1 25
4.0%
0.9%
Q4 24
1.8%
0.9%
Q3 24
1.5%
0.8%
Q2 24
1.0%
0.9%
Cash Conversion
FMC
FMC
MCY
MCY
Q1 26
Q4 25
1.42×
Q3 25
1.77×
Q2 25
0.99×
2.23×
Q1 25
Q4 24
2.46×
Q3 24
2.45×
1.38×
Q2 24
0.99×
4.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMC
FMC

EMEA$307.0M40%
North America$198.0M26%
Latin America$177.0M23%
Asia (excluding 2026 India) 1$81.0M11%

MCY
MCY

Segment breakdown not available.

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