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ERIE Erie Indemnity Co

Price (delayed)

$353.2

Market cap

$16.31B

P/E Ratio

26.8

Dividend/share

$5.28

EPS

$13.18

Enterprise value

$16.05B

Erie Indemnity Company is the management company for the Erie Insurance Exchange. The Company is also involved in the property and casualty insurance business through its wholly-owned subsidiaries and through ...

Highlights
Erie Indemnity's EPS has increased by 27% YoY and by 2.2% from the previous quarter
Erie Indemnity's net income has increased by 27% YoY and by 2.3% from the previous quarter
The company's quick ratio rose by 7% YoY but it fell by 3.1% QoQ

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$16.31B
Enterprise value
$16.05B
Valuations
Price to earnings (P/E)
26.8
Price to book (P/B)
7.89
Price to sales (P/S)
4.18
EV/EBIT
20.72
EV/EBITDA
20.72
EV/Sales
4.11
Earnings
Revenue
$3.9B
Gross profit
$689.02M
Operating income
$689.02M
Net income
$614.18M
EBIT
$774.72M
EBITDA
$774.72M
Free cash flow
$510.1M
Per share
EPS
$13.18
EPS diluted
$11.75
Free cash flow per share
$11.04
Book value per share
$44.76
Revenue per share
$84.51
TBVPS
$64.26
Balance sheet
Total assets
$2.97B
Total liabilities
$900.88M
Debt
$0
Equity
$2.07B
Working capital
$310.2M
Liquidity
Debt to equity
0
Current ratio
1.38
Quick ratio
1.27
Net debt/EBITDA
-0.34
Margins
EBITDA margin
19.8%
Gross margin
17.6%
Net margin
15.7%
Operating margin
17.6%
Efficiency
Return on assets
21.5%
Return on equity
31.4%
Return on invested capital
42.6%
Return on capital employed
35.9%
Return on sales
19.8%
Dividend
Dividend yield
1.49%
DPS
$5.28
Payout ratio
40.1%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
-1.59%
1 week
-3.05%
1 month
-12.14%
1 year
-13.96%
YTD
-14.32%
QTD
-15.71%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$3.9B
Gross profit
$689.02M
Operating income
$689.02M
Net income
$614.18M
Gross margin
17.6%
Net margin
15.7%
Erie Indemnity's net income has increased by 27% YoY and by 2.3% from the previous quarter
The operating income is up by 26% year-on-year
The gross profit has increased by 26% year-on-year
Erie Indemnity's revenue has increased by 15% YoY and by 2.9% QoQ

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
P/E
26.8
P/B
7.89
P/S
4.18
EV/EBIT
20.72
EV/EBITDA
20.72
EV/Sales
4.11
Erie Indemnity's EPS has increased by 27% YoY and by 2.2% from the previous quarter
ERIE's P/E is 24% below its last 4 quarters average of 35.2 and 20% below its 5-year quarterly average of 33.3
The stock's price to book (P/B) is 23% less than its last 4 quarters average of 10.2 and 3.8% less than its 5-year quarterly average of 8.2
The equity is up by 20% year-on-year and by 4% since the previous quarter
The stock's P/S is 23% less than its last 4 quarters average of 5.4
Erie Indemnity's revenue has increased by 15% YoY and by 2.9% QoQ

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROIC has increased by 12% YoY
Erie Indemnity's ROS has increased by 10% YoY
ERIE's return on assets is up by 8% year-on-year
Erie Indemnity's ROE has increased by 6% YoY but it has decreased by 2.2% from the previous quarter

Dividends

What is ERIE's dividend history
DPS
$5.28
Dividend yield
1.49%
Payout ratio
40.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Erie Indemnity financials performed over time
The company's total assets rose by 16% YoY and by 2.8% QoQ
ERIE's total liabilities is up by 9% YoY
Erie Indemnity's debt is 100% less than its equity
The equity is up by 20% year-on-year and by 4% since the previous quarter

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