ERIE Erie Indemnity Co

Price (delayed)

$196.44

Market cap

$9.07B

P/E Ratio

31.18

Dividend/share

$4.37

EPS

$6.3

Enterprise value

$9.03B

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 10% year-on-year
Erie Indemnity's revenue has increased by 4.9% YoY
ERIE's P/E is 8% above its 5-year quarterly average of 28.5 and 7% above its last 4 quarters average of 28.7
The company's gross margin fell by 5% YoY

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$9.07B
Enterprise value
$9.03B
Valuations
Price to earnings (P/E)
31.18
Price to book (P/B)
6.8
Price to sales (P/S)
3.39
EV/EBIT
24.08
EV/EBITDA
24.08
EV/Sales
3.37
Earnings
Revenue
$2.68B
EBIT
$374.77M
EBITDA
$374.77M
Free cash flow
$239.78M
Per share
EPS
$6.3
Free cash flow per share
$5.19
Book value per share
$28.88
Revenue per share
$57.93
TBVPS
$48.14
Balance sheet
Total assets
$2.22B
Total liabilities
$889.65M
Debt
$93.31M
Equity
$1.33B
Working capital
$150.02M
Liquidity
Debt to equity
0.07
Current ratio
1.25
Quick ratio
1.11
Net debt/EBITDA
-0.13
Margins
EBITDA margin
14%
Gross margin
12.2%
Net margin
10.9%
Operating margin
12.2%
Efficiency
Return on assets
13.2%
Return on equity
22.5%
Return on invested capital
24.6%
Return on capital employed
23.1%
Return on sales
14%
Dividend
Dividend yield
2.22%
DPS
$4.37
Payout ratio
69.3%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
1.47%
1 week
2.21%
1 month
10.47%
1 year
1.72%
YTD
1.96%
QTD
2.21%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$2.68B
Gross profit
$326.31M
Operating income
$326.31M
Net income
$292.91M
Gross margin
12.2%
Net margin
10.9%
Erie Indemnity's net margin has decreased by 10% YoY and by 3.5% from the previous quarter
The company's gross margin fell by 5% YoY
ERIE's operating margin is down by 5% YoY
Erie Indemnity's net income has decreased by 4.8% YoY

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
P/E
31.18
P/B
6.8
P/S
3.39
EV/EBIT
24.08
EV/EBITDA
24.08
EV/Sales
3.37
ERIE's P/E is 8% above its 5-year quarterly average of 28.5 and 7% above its last 4 quarters average of 28.7
Erie Indemnity's EPS has decreased by 4.7% YoY
The equity is up by 10% year-on-year
The stock's price to book (P/B) is 7% less than its 5-year quarterly average of 7.2
Erie Indemnity's revenue has increased by 4.9% YoY

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROE has decreased by 11% YoY and by 3.8% from the previous quarter
Erie Indemnity's ROIC has decreased by 10% YoY and by 3.1% from the previous quarter
ERIE's return on assets is down by 9% year-on-year and by 2.9% since the previous quarter
Erie Indemnity's ROS has decreased by 8% YoY and by 2.8% from the previous quarter

Dividends

What is ERIE's dividend history
DPS
$4.37
Dividend yield
2.22%
Payout ratio
69.3%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets is 150% higher than its total liabilities
The company's total assets rose by 6% YoY
The company's current ratio rose by 3.3% QoQ
Erie Indemnity's debt is 93% less than its equity
The debt to equity has contracted by 13% YoY
The equity is up by 10% year-on-year

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