ERIE Erie Indemnity Company Class A

Price (delayed)

$230.60

Market cap

$10.65B

P/E Ratio

37.01

Dividend/share

$3.86

EPS

$6.23

Enterprise value

$10.53B

Sector: Financial Services
Industry: Insurance Brokers
Erie Indemnity Co. engages in the insurance business and operates as an attorney-in-fact. It manages affairs at the Erie Insurance Exchange for the benefit of the policyholders. It covers policies in auto and leisure, home and property, life, and business insurance. The company was founded Henry O. Hirt and Ollie G. Crawford in April 4, 1925 and is headquartered in Erie, PA.

Highlights

The equity is up by 11% year-on-year and by 4.4% since the previous quarter
Erie Indemnity's revenue has increased by 2.7% YoY
The company's quick ratio has surged by 83% YoY but it fell by 10% QoQ
ERIE's P/E is 39% above its 5-year quarterly average of 26.6 and 33% above its last 4 quarters average of 27.9
Erie Indemnity's net income has decreased by 9% YoY

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$10.65B
Enterprise value
$10.53B
Valuations
Price to earnings (P/E)
37.01
Price to book (P/B)
8.54
Price to sales (P/S)
4.22
EV/EBIT
28.78
EV/EBITDA
28.78
EV/Sales
4.17
Earnings
Revenue
$2.52B
EBIT
$365.99M
EBITDA
$365.99M
Free cash flow
$275.95M
Per share
EPS
$6.23
Free cash flow per share
$5.97
Book value per share
$27
Revenue per share
$54.64
TBVPS
$46.75
Balance sheet
Total assets
$2.16B
Total liabilities
$912.13M
Debt
$96.36M
Equity
$1.25B
Working capital
$186.46M
Liquidity
Debt to equity
0.08
Current ratio
1.31
Quick ratio
1.21
Net debt/EBITDA
-0.33
Margins
EBITDA margin
14.5%
Gross margin
13.5%
Net margin
11.5%
Operating margin
13.5%
Efficiency
Return on assets
14.1%
Return on equity
24.7%
Return on invested capital
27.9%
Return on capital employed
23.6%
Return on sales
14.5%
Dividend
Dividend yield
1.67%
DPS
$3.86
Payout ratio
62%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
-3.05%
1 week
-5.38%
1 month
-0.17%
1 year
33.13%
YTD
38.92%
QTD
9.66%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$2.52B
Gross profit
$341.81M
Operating income
$341.81M
Net income
$290.11M
Gross margin
13.5%
Net margin
11.5%
Erie Indemnity's net margin has decreased by 12% YoY and by 2.5% from the previous quarter
Erie Indemnity's net income has decreased by 9% YoY
ERIE's operating margin is down by 9% YoY and by 3.6% QoQ
The company's gross margin fell by 9% YoY and by 3.6% QoQ

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
P/E
37.01
P/B
8.54
P/S
4.22
EV/EBIT
28.78
EV/EBITDA
28.78
EV/Sales
4.17
ERIE's P/E is 39% above its 5-year quarterly average of 26.6 and 33% above its last 4 quarters average of 27.9
Erie Indemnity's EPS has decreased by 9% YoY
The stock's price to book (P/B) is 26% more than its 5-year quarterly average of 6.8 and 22% more than its last 4 quarters average of 7.0
The equity is up by 11% year-on-year and by 4.4% since the previous quarter
The stock's P/S is 32% more than its 5-year quarterly average of 3.2 and 28% more than its last 4 quarters average of 3.3
Erie Indemnity's revenue has increased by 2.7% YoY

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROIC has decreased by 24% YoY and by 7% from the previous quarter
Erie Indemnity's ROE has decreased by 20% YoY and by 4.6% from the previous quarter
ERIE's return on assets is down by 18% year-on-year and by 4.1% since the previous quarter
Erie Indemnity's ROS has decreased by 12% YoY and by 2.7% from the previous quarter

Dividends

What is ERIE's dividend history
DPS
$3.86
Dividend yield
1.67%
Payout ratio
62%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets is 137% higher than its total liabilities
The company's quick ratio has surged by 83% YoY but it fell by 10% QoQ
The company's current ratio fell by 20% YoY and by 10% QoQ
Erie Indemnity's debt is 92% less than its equity
The equity is up by 11% year-on-year and by 4.4% since the previous quarter

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