ERIE Erie Indemnity Co

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

Price (delayed)

$380.26

Market cap

$17.56B

P/E Ratio

36.6

Dividend/share

$4.93

EPS

$10.39

Enterprise value

$17.42B

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 net income has soared by 53% YoY and by 9% from the previous quarter
Erie Indemnity's EPS has soared by 53% YoY and by 8% from the previous quarter
ERIE's P/E is 14% above its 5-year quarterly average of 32.0 and 8% above its last 4 quarters average of 33.9
Sector: Financial Services
Industry: Insurance Brokers
Website: http://www.erieinsurance.com
Peers: AFG GNW ACGL

Key stats

What are the main financial stats of ERIE
Market
Shares outstanding
46.19M
Market cap
$17.56B
Enterprise value
$17.42B
Valuations
Price to earnings (P/E)
36.6
Price to book (P/B)
10.18
Price to sales (P/S)
5.17
EV/EBIT
28.55
EV/EBITDA
28.55
EV/Sales
5.13
Earnings
Revenue
$3.4B
EBIT
$610.09M
EBITDA
$610.09M
Free cash flow
$324.42M
Per share
EPS
$10.39
Free cash flow per share
$7.02
Book value per share
$37.37
Revenue per share
$73.55
TBVPS
$55.33
Balance sheet
Total assets
$2.56B
Total liabilities
$829.61M
Debt
$0
Equity
$1.73B
Working capital
$214.26M
Liquidity
Debt to equity
0
Current ratio
1.29
Quick ratio
1.19
Net debt/EBITDA
-0.24
Margins
EBITDA margin
18%
Gross margin
16.1%
Net margin
14.3%
Operating margin
16.1%
Efficiency
Return on assets
19.9%
Return on equity
29.6%
Return on invested capital
37.9%
Return on capital employed
33.4%
Return on sales
18%
Dividend
Dividend yield
1.3%
DPS
$4.93
Payout ratio
47.4%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
-0.63%
1 week
-0.05%
1 month
-6.04%
1 year
71.57%
YTD
13.54%
QTD
-5.31%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$3.4B
Gross profit
$548.53M
Operating income
$548.53M
Net income
$484.37M
Gross margin
16.1%
Net margin
14.3%
Erie Indemnity's net income has soared by 53% YoY and by 9% from the previous quarter
The operating income is up by 36% year-on-year and by 5% since the previous quarter
The gross profit has increased by 36% year-on-year and by 5% since the previous quarter
Erie Indemnity's net margin has increased by 32% YoY and by 5% from the previous quarter

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
ERIE P/E details
P/E
36.6
P/B
10.18
P/S
5.17
EV/EBIT
28.55
EV/EBITDA
28.55
EV/Sales
5.13
Erie Indemnity's EPS has soared by 53% YoY and by 8% from the previous quarter
ERIE's P/E is 14% above its 5-year quarterly average of 32.0 and 8% above its last 4 quarters average of 33.9
The stock's price to book (P/B) is 31% more than its 5-year quarterly average of 7.8 and 17% more than its last 4 quarters average of 8.7
The equity is up by 16% year-on-year and by 3.8% since the previous quarter
The stock's P/S is 36% more than its 5-year quarterly average of 3.8 and 18% more than its last 4 quarters average of 4.4
Erie Indemnity's revenue has increased by 16% YoY and by 3.9% QoQ

Efficiency

How efficient is Erie Indemnity business performance
ERIE's return on assets is up by 39% year-on-year and by 5% since the previous quarter
Erie Indemnity's ROIC has increased by 39% YoY and by 5% from the previous quarter
Erie Indemnity's ROE has increased by 32% YoY and by 4.6% from the previous quarter
Erie Indemnity's ROS has increased by 31% YoY and by 4.7% from the previous quarter

Dividends

What is ERIE's dividend history
Dividend details
DPS
$4.93
Dividend yield
1.3%
Payout ratio
47.4%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets rose by 15% YoY and by 3.4% QoQ
ERIE's total liabilities is up by 13% YoY and by 2.5% QoQ
Erie Indemnity's debt is 100% less than its equity
The equity is up by 16% year-on-year and by 3.8% since the previous quarter

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