ERIE Erie Indemnity Co. - Class A

  1. Stocks
  2. Financial Services
  3. NASDAQ: ERIE

Price (delayed)

$221.09

Market cap

$10.21B

P/E Ratio

17.84

Dividend/share

$5.75

EPS

$12.39

Enterprise value

$9.93B

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Relative Growth: Rel. Growth: 71
Relative Strength: Rel. Strength: 25
Relative Valuation: Rel. Valuation: 56
Relative Profitability: Rel. Profitability: 64

Erie Indemnity Company (Indemnity) is engaged in managing attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Exchange is a subscriber owned, Pennsylvania-domiciled reciprocal insurer that writes ...

Highlights
ERIE's P/E is 42% below its 5-year quarterly average of 30.8 and 17% below its last 4 quarters average of 21.6
The equity is up by 13% year-on-year and by 4.8% since the previous quarter
The company's quick ratio fell by 17% YoY and by 4.2% QoQ
Erie Indemnity's net income has decreased by 8% YoY
Sector: Financial Services
Industry: Insurance Brokers
Website: http://www.erieinsurance.com
Peers: AFG GNW ACGL

Key stats

What are the main financial stats of ERIE

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
-0.46%
1 week
-0.79%
1 month
-14.44%
1 year
-29.73%
YTD
-22.87%
QTD
0.89%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$4.12B
Gross profit
$737.55M
Operating income
$737.55M
Net income
$577M
Gross margin
17.9%
Net margin
14%
Erie Indemnity's net margin has decreased by 11% YoY
Erie Indemnity's net income has decreased by 8% YoY
The gross profit has increased by 6% year-on-year
The operating income is up by 6% year-on-year

Price vs fundamentals

How does ERIE's price correlate with its fundamentals

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
ERIE P/E details
P/E
17.84
P/B
4.14
P/S
2.48
EV/EBIT
13.54
EV/EBITDA
13.54
EV/Sales
2.41
ERIE's P/E is 42% below its 5-year quarterly average of 30.8 and 17% below its last 4 quarters average of 21.6
Erie Indemnity's EPS has decreased by 8% YoY
The stock's price to book (P/B) is 46% less than its 5-year quarterly average of 7.7 and 23% less than its last 4 quarters average of 5.4
The equity is up by 13% year-on-year and by 4.8% since the previous quarter
The stock's P/S is 38% less than its 5-year quarterly average of 4.0 and 20% less than its last 4 quarters average of 3.1
Erie Indemnity's revenue has increased by 3.7% YoY

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROE has decreased by 20% YoY and by 2% from the previous quarter
ERIE's return on assets is down by 19% year-on-year
Erie Indemnity's ROIC has decreased by 18% YoY and by 3.6% from the previous quarter
Erie Indemnity's ROS has decreased by 10% YoY

Dividends

What is ERIE's dividend history
Dividend details
DPS
$5.75
Dividend yield
2.6%
Payout ratio
46.4%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Erie Indemnity financials performed over time
The company's quick ratio fell by 17% YoY and by 4.2% QoQ
ERIE's total liabilities is up by 15% YoY and by 7% QoQ
Erie Indemnity's debt is 100% less than its equity
The equity is up by 13% year-on-year and by 4.8% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.