ERIE Erie Indemnity Co

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

Price (delayed)

$226.88

Market cap

$10.48B

P/E Ratio

35.39

Dividend/share

$4.52

EPS

$6.41

Enterprise value

$10.34B

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 debt has plunged by 100% YoY
The gross profit has increased by 18% year-on-year and by 5% since the previous quarter
ERIE's P/E is 20% above its 5-year quarterly average of 29.5 and 6% above its last 4 quarters average of 33.3
The company's quick ratio fell by 6% YoY
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
$10.48B
Enterprise value
$10.34B
Valuations
Price to earnings (P/E)
35.39
Price to book (P/B)
7.24
Price to sales (P/S)
3.69
EV/EBIT
27.32
EV/EBITDA
27.32
EV/Sales
3.64
Earnings
Revenue
$2.84B
EBIT
$378.46M
EBITDA
$378.46M
Free cash flow
$299.21M
Per share
EPS
$6.41
Free cash flow per share
$6.48
Book value per share
$31.36
Revenue per share
$61.49
TBVPS
$48.48
Balance sheet
Total assets
$2.24B
Total liabilities
$791.05M
Debt
$0
Equity
$1.45B
Working capital
$113.69M
Liquidity
Debt to equity
0
Current ratio
1.17
Quick ratio
1.04
Net debt/EBITDA
-0.38
Margins
EBITDA margin
13.3%
Gross margin
13.2%
Net margin
10.5%
Operating margin
13.2%
Efficiency
Return on assets
13.5%
Return on equity
21.8%
Return on invested capital
25.5%
Return on capital employed
24%
Return on sales
13.3%
Dividend
Dividend yield
1.99%
DPS
$4.52
Payout ratio
70.5%

ERIE stock price

How has the Erie Indemnity stock price performed over time
Intraday
1.2%
1 week
-2.6%
1 month
-3.55%
1 year
27.23%
YTD
-8.78%
QTD
-8.78%

Financial performance

How have Erie Indemnity's revenue and profit performed over time
Revenue
$2.84B
Gross profit
$376.21M
Operating income
$376.21M
Net income
$298.57M
Gross margin
13.2%
Net margin
10.5%
The operating income is up by 18% year-on-year and by 5% since the previous quarter
The gross profit has increased by 18% year-on-year and by 5% since the previous quarter
The company's gross margin rose by 9% YoY and by 3.1% QoQ
ERIE's operating margin is up by 9% YoY and by 3.1% QoQ

Growth

What is Erie Indemnity's growth rate over time

Valuation

What is Erie Indemnity stock price valuation
P/E
35.39
P/B
7.24
P/S
3.69
EV/EBIT
27.32
EV/EBITDA
27.32
EV/Sales
3.64
ERIE's P/E is 20% above its 5-year quarterly average of 29.5 and 6% above its last 4 quarters average of 33.3
Erie Indemnity's EPS has increased by 3.6% from the previous quarter
The equity is up by 8% year-on-year and by 7% since the previous quarter
The stock's P/S is 9% more than its 5-year quarterly average of 3.4 and 5% more than its last 4 quarters average of 3.5
Erie Indemnity's revenue has increased by 8% YoY and by 2.3% QoQ

Efficiency

How efficient is Erie Indemnity business performance
Erie Indemnity's ROS has decreased by 8% YoY
Erie Indemnity's ROE has decreased by 7% YoY
Erie Indemnity's ROIC has increased by 4.9% from the previous quarter
ERIE's return on assets is up by 3.1% since the previous quarter

Dividends

What is ERIE's dividend history
Dividend details
DPS
$4.52
Dividend yield
1.99%
Payout ratio
70.5%
Recent dividends

Financial health

How did Erie Indemnity financials performed over time
The company's total assets is 183% higher than its total liabilities
ERIE's total liabilities is down by 12% YoY and by 3.7% QoQ
The company's quick ratio fell by 6% YoY
Erie Indemnity's debt is 100% less than its equity
The debt to equity has plunged by 100% YoY
Erie Indemnity's debt has plunged by 100% YoY

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