ERIE Erie Indemnity Co

Price (delayed)

$242.47

Market cap

$11.2B

P/E Ratio

38.49

Dividend/share

$5.93

EPS

$6.3

Enterprise value

$11.13B

Sector: Financial Services
Industry: Insurance Brokers

Highlights

Erie Indemnity's revenue has increased by 2.4% YoY
Erie Indemnity's debt has decreased by 2% YoY
The equity is up by 4.8% year-on-year but it is down by 4.7% since the previous quarter
ERIE's P/E is 42% above its 5-year quarterly average of 27.2 and 22% above its last 4 quarters average of 31.5
The company's quick ratio fell by 25% YoY and by 12% QoQ

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$11.2B
Enterprise value
$11.13B
Valuations
Price to earnings (P/E)
38.49
Price to book (P/B)
9.43
Price to sales (P/S)
4.42
EV/EBIT
30.16
EV/EBITDA
30.16
EV/Sales
4.39
Earnings
Revenue
$2.54B
EBIT
$369.25M
EBITDA
$369.25M
Free cash flow
$287.08M
Per share
EPS
$6.3
Free cash flow per share
$6.22
Book value per share
$25.72
Revenue per share
$54.91
TBVPS
$45.83
Balance sheet
Total assets
$2.12B
Total liabilities
$929.07M
Debt
$95.86M
Equity
$1.19B
Working capital
$104.63M
Liquidity
Debt to equity
0.08
Current ratio
1.17
Quick ratio
1.07
Net debt/EBITDA
-0.18
Margins
EBITDA margin
14.6%
Gross margin
13.3%
Net margin
11.6%
Operating margin
13.3%
Efficiency
Return on assets
14.1%
Return on equity
24.7%
Return on invested capital
27%
Return on capital employed
24.8%
Return on sales
14.6%
Dividend
Dividend yield
2.45%
DPS
$5.93
Payout ratio
94.1%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
-0.23%
1 week
-0.68%
1 month
-2.65%
1 year
59.24%
YTD
-1.27%
QTD
-1.27%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$2.54B
Gross profit
$338.16M
Operating income
$338.16M
Net income
$293.3M
Gross margin
13.3%
Net margin
11.6%
Erie Indemnity's net margin has decreased by 9% YoY
ERIE's operating margin is down by 8% YoY
The company's gross margin fell by 8% YoY
Erie Indemnity's net income has decreased by 7% YoY

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
P/E
38.49
P/B
9.43
P/S
4.42
EV/EBIT
30.16
EV/EBITDA
30.16
EV/Sales
4.39
ERIE's P/E is 42% above its 5-year quarterly average of 27.2 and 22% above its last 4 quarters average of 31.5
Erie Indemnity's EPS has decreased by 7% YoY
The stock's price to book (P/B) is 35% more than its 5-year quarterly average of 7.0 and 22% more than its last 4 quarters average of 7.7
The equity is up by 4.8% year-on-year but it is down by 4.7% since the previous quarter
The stock's P/S is 34% more than its 5-year quarterly average of 3.3 and 23% more than its last 4 quarters average of 3.6
Erie Indemnity's revenue has increased by 2.4% YoY

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROIC has decreased by 23% YoY and by 3.2% from the previous quarter
Erie Indemnity's ROE has decreased by 16% YoY
ERIE's return on assets is down by 15% year-on-year
Erie Indemnity's ROS has decreased by 9% YoY

Dividends

What is ERIE's dividend history
DPS
$5.93
Dividend yield
2.45%
Payout ratio
94.1%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets is 128% higher than its total liabilities
The company's quick ratio fell by 25% YoY and by 12% QoQ
The company's current ratio fell by 23% YoY and by 11% QoQ
Erie Indemnity's debt is 92% less than its equity
The equity is up by 4.8% year-on-year but it is down by 4.7% since the previous quarter

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