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Side-by-side financial comparison of Fabrinet (FN) 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 $1.1B, roughly 1.4× Fabrinet). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs 9.9%, a 3.2% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 12.4%). MERCURY GENERAL CORP produced more free cash flow last quarter ($273.9M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 9.8%).
FabrinetFNEarnings & Financial Report
Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.
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.
FN vs MCY — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.5B |
| Net Profit | $112.6M | $202.5M |
| Gross Margin | 12.2% | 99.7% |
| Operating Margin | 10.1% | 16.2% |
| Net Margin | 9.9% | 13.2% |
| Revenue YoY | 35.9% | 12.4% |
| Net Profit YoY | 30.0% | 100.4% |
| EPS (diluted) | $3.11 | $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.
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $978.1M | $1.6B | ||
| Q2 25 | $909.7M | $1.5B | ||
| Q1 25 | $871.8M | $1.4B | ||
| Q4 24 | $833.6M | $1.4B | ||
| Q3 24 | $804.2M | $1.5B | ||
| Q2 24 | $753.3M | $1.3B | ||
| Q1 24 | $731.5M | $1.3B |
| Q4 25 | $112.6M | $202.5M | ||
| Q3 25 | $95.9M | $280.4M | ||
| Q2 25 | $87.2M | $166.5M | ||
| Q1 25 | $81.3M | $-108.3M | ||
| Q4 24 | $86.6M | $101.1M | ||
| Q3 24 | $77.4M | $230.9M | ||
| Q2 24 | $81.1M | $62.6M | ||
| Q1 24 | $80.9M | $73.5M |
| Q4 25 | 12.2% | 99.7% | ||
| Q3 25 | 11.9% | 99.8% | ||
| Q2 25 | 12.2% | 99.8% | ||
| Q1 25 | 11.7% | 99.7% | ||
| Q4 24 | 12.1% | 99.7% | ||
| Q3 24 | 12.3% | 99.8% | ||
| Q2 24 | 12.3% | 99.8% | ||
| Q1 24 | 12.4% | 99.7% |
| Q4 25 | 10.1% | 16.2% | ||
| Q3 25 | 9.6% | 22.1% | ||
| Q2 25 | 9.8% | 14.0% | ||
| Q1 25 | 9.0% | -10.2% | ||
| Q4 24 | 9.5% | 9.0% | ||
| Q3 24 | 9.6% | 18.8% | ||
| Q2 24 | 9.7% | 5.8% | ||
| Q1 24 | 9.7% | 7.0% |
| Q4 25 | 9.9% | 13.2% | ||
| Q3 25 | 9.8% | 17.7% | ||
| Q2 25 | 9.6% | 11.3% | ||
| Q1 25 | 9.3% | -7.8% | ||
| Q4 24 | 10.4% | 7.4% | ||
| Q3 24 | 9.6% | 15.1% | ||
| Q2 24 | 10.8% | 4.8% | ||
| Q1 24 | 11.1% | 5.8% |
| Q4 25 | $3.11 | $3.66 | ||
| Q3 25 | $2.66 | $5.06 | ||
| Q2 25 | $2.41 | $3.01 | ||
| Q1 25 | $2.25 | $-1.96 | ||
| Q4 24 | $2.38 | $1.82 | ||
| Q3 24 | $2.13 | $4.17 | ||
| Q2 24 | $2.22 | $1.13 | ||
| Q1 24 | $2.21 | $1.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $960.8M | — |
| Total DebtLower is stronger | — | $575.0M |
| Stockholders' EquityBook value | $2.2B | $2.4B |
| Total Assets | $3.3B | $9.6B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.8M | — | ||
| Q3 25 | $968.8M | — | ||
| Q2 25 | $934.2M | — | ||
| Q1 25 | $950.7M | — | ||
| Q4 24 | $934.6M | — | ||
| Q3 24 | $908.9M | — | ||
| Q2 24 | $858.6M | — | ||
| Q1 24 | $794.0M | — |
| Q4 25 | — | $575.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $575.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.2B | $2.4B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.0B | $2.0B | ||
| Q1 25 | $1.9B | $1.8B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.7B | $1.6B |
| Q4 25 | $3.3B | $9.6B | ||
| Q3 25 | $3.0B | $9.4B | ||
| Q2 25 | $2.8B | $9.1B | ||
| Q1 25 | $2.6B | $9.0B | ||
| Q4 24 | $2.5B | $8.3B | ||
| Q3 24 | $2.4B | $8.2B | ||
| Q2 24 | $2.3B | $7.7B | ||
| Q1 24 | $2.2B | $7.4B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $46.3M | $287.9M |
| Free Cash FlowOCF − Capex | $-5.3M | $273.9M |
| FCF MarginFCF / Revenue | -0.5% | 17.8% |
| Capex IntensityCapex / Revenue | 4.6% | 0.9% |
| Cash ConversionOCF / Net Profit | 0.41× | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $102.3M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $46.3M | $287.9M | ||
| Q3 25 | $102.6M | $496.4M | ||
| Q2 25 | $55.1M | $371.6M | ||
| Q1 25 | $74.2M | $-68.7M | ||
| Q4 24 | $115.9M | $248.3M | ||
| Q3 24 | $83.2M | $318.1M | ||
| Q2 24 | $83.1M | $278.0M | ||
| Q1 24 | $100.9M | $192.6M |
| Q4 25 | $-5.3M | $273.9M | ||
| Q3 25 | $57.3M | $479.5M | ||
| Q2 25 | $4.7M | $357.2M | ||
| Q1 25 | $45.7M | $-81.9M | ||
| Q4 24 | $94.0M | $236.0M | ||
| Q3 24 | $62.9M | $306.2M | ||
| Q2 24 | $70.4M | $266.5M | ||
| Q1 24 | $87.3M | $182.4M |
| Q4 25 | -0.5% | 17.8% | ||
| Q3 25 | 5.9% | 30.3% | ||
| Q2 25 | 0.5% | 24.2% | ||
| Q1 25 | 5.2% | -5.9% | ||
| Q4 24 | 11.3% | 17.3% | ||
| Q3 24 | 7.8% | 20.0% | ||
| Q2 24 | 9.3% | 20.4% | ||
| Q1 24 | 11.9% | 14.3% |
| Q4 25 | 4.6% | 0.9% | ||
| Q3 25 | 4.6% | 1.1% | ||
| Q2 25 | 5.5% | 1.0% | ||
| Q1 25 | 3.3% | 0.9% | ||
| Q4 24 | 2.6% | 0.9% | ||
| Q3 24 | 2.5% | 0.8% | ||
| Q2 24 | 1.7% | 0.9% | ||
| Q1 24 | 1.9% | 0.8% |
| Q4 25 | 0.41× | 1.42× | ||
| Q3 25 | 1.07× | 1.77× | ||
| Q2 25 | 0.63× | 2.23× | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | 2.46× | ||
| Q3 24 | 1.07× | 1.38× | ||
| Q2 24 | 1.02× | 4.44× | ||
| Q1 24 | 1.25× | 2.62× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
MCY
Segment breakdown not available.
