ERIE Erie Indemnity Co

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

Price (delayed)

$202.39

Market cap

$9.35B

P/E Ratio

30.9

Dividend/share

$4.14

EPS

$6.55

Enterprise value

$9.29B

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
The equity is up by 4.3% year-on-year and by 3.1% since the previous quarter
Erie Indemnity's net income has increased by 3.2% YoY
The company's quick ratio fell by 15% YoY but it rose by 3.6% QoQ
ERIE's P/E is 10% above its 5-year quarterly average of 28.2 but 9% below its last 4 quarters average of 33.9
The company's gross margin fell by 11% YoY and by 3.1% QoQ
The gross profit has declined by 8% year-on-year
Sector: Financial Services
Industry: Insurance Brokers
Website: http://www.erieinsurance.com
Peers: STFC AFG GNW

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$9.35B
Enterprise value
$9.29B
Valuations
Price to earnings (P/E)
30.9
Price to book (P/B)
7.51
Price to sales (P/S)
3.63
EV/EBIT
24.12
EV/EBITDA
24.12
EV/Sales
3.61
Earnings
Revenue
$2.57B
EBIT
$385.13M
EBITDA
$385.13M
Free cash flow
$296.75M
Per share
EPS
$6.55
Free cash flow per share
$6.42
Book value per share
$26.96
Revenue per share
$55.7
TBVPS
$46.84
Balance sheet
Total assets
$2.16B
Total liabilities
$918.54M
Debt
$94.86M
Equity
$1.25B
Working capital
$154.95M
Liquidity
Debt to equity
0.08
Current ratio
1.26
Quick ratio
1.15
Net debt/EBITDA
-0.16
Margins
EBITDA margin
15%
Gross margin
12.5%
Net margin
11.8%
Operating margin
12.5%
Efficiency
Return on assets
14.3%
Return on equity
24.9%
Return on invested capital
26.3%
Return on capital employed
24.5%
Return on sales
15%
Dividend
Dividend yield
2.05%
DPS
$4.14
Payout ratio
63.2%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
1.55%
1 week
4.08%
1 month
9.96%
1 year
-12.2%
YTD
-17.59%
QTD
13.43%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$2.57B
Gross profit
$322.44M
Operating income
$321.92M
Net income
$304.6M
Gross margin
12.5%
Net margin
11.8%
The company's gross margin fell by 11% YoY and by 3.1% QoQ
ERIE's operating margin is down by 11% YoY and by 3.1% QoQ
The gross profit has declined by 8% year-on-year
The operating income has declined by 8% year-on-year

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
P/E
30.9
P/B
7.51
P/S
3.63
EV/EBIT
24.12
EV/EBITDA
24.12
EV/Sales
3.61
ERIE's P/E is 10% above its 5-year quarterly average of 28.2 but 9% below its last 4 quarters average of 33.9
Erie Indemnity's EPS has increased by 3.5% YoY
The stock's price to book (P/B) is 8% less than its last 4 quarters average of 8.2 but 2.9% more than its 5-year quarterly average of 7.3
The equity is up by 4.3% year-on-year and by 3.1% since the previous quarter
The stock's P/S is 7% less than its last 4 quarters average of 3.9 but 7% more than its 5-year quarterly average of 3.4
Erie Indemnity's revenue has increased by 2.5% YoY

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROIC has decreased by 13% YoY and by 3.3% from the previous quarter
Erie Indemnity's ROE has decreased by 3.9% YoY
ERIE's return on assets is down by 2.7% year-on-year

Dividends

What is ERIE's dividend history
DPS
$4.14
Dividend yield
2.05%
Payout ratio
63.2%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets is 136% higher than its total liabilities
The company's quick ratio fell by 15% YoY but it rose by 3.6% QoQ
The company's current ratio fell by 14% YoY but it rose by 2.4% QoQ
Erie Indemnity's debt is 92% less than its equity
The equity is up by 4.3% year-on-year and by 3.1% since the previous quarter
Erie Indemnity's debt has decreased by 2.1% YoY

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