vs

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

KINROSS GOLD CORP is the larger business by last-quarter revenue ($2.5B vs $1.5B, roughly 1.6× MERCURY GENERAL CORP).

Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto 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.

KGC vs MCY — Head-to-Head

Bigger by revenue
KGC
KGC
1.6× larger
KGC
$2.5B
$1.5B
MCY

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
KGC
KGC
MCY
MCY
Revenue
$2.5B
$1.5B
Net Profit
$202.5M
Gross Margin
7.3%
99.7%
Operating Margin
16.2%
Net Margin
13.2%
Revenue YoY
12.4%
Net Profit YoY
100.4%
EPS (diluted)
$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
KGC
KGC
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
Q1 24
$1.3B
Net Profit
KGC
KGC
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
$62.6M
Q1 24
$73.5M
Gross Margin
KGC
KGC
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
KGC
KGC
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
5.8%
Q1 24
7.0%
Net Margin
KGC
KGC
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
4.8%
Q1 24
5.8%
EPS (diluted)
KGC
KGC
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
$1.13
Q1 24
$1.33

Balance Sheet & Financial Strength

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

Metric
KGC
KGC
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
$418.1M
Total DebtLower is stronger
$751.5M
$575.0M
Stockholders' EquityBook value
$2.4B
Total Assets
$10.4B
$9.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Total Debt
KGC
KGC
MCY
MCY
Q4 25
$575.0M
Q3 25
Q2 25
Q1 25
Q4 24
$575.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KGC
KGC
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
KGC
KGC
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
KGC
KGC
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
KGC
KGC
MCY
MCY
Operating Cash FlowLast quarter
$649.0M
$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
KGC
KGC
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
KGC
KGC
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
KGC
KGC
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
KGC
KGC
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
KGC
KGC
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.

Related Comparisons