ERIE
Price:
$428.5
Market Cap:
$19.79B
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.[Read more]
Industry
Insurance - Brokers
IPO Date
1995-10-02
Stock Exchange
NASDAQ
Ticker
ERIE
According to Erie Indemnity Company’s latest financial reports and current stock price. The company's current Current Ratio is 0.73. This represents a change of -66.05% compared to the average of 2.16 of the last 4 quarters.
The mean historical Current Ratio of Erie Indemnity Company over the last ten years is 1.65. The current 0.73 Current Ratio has changed 4.35% with respect to the historical average. Over the past ten years (40 quarters), ERIE's Current Ratio was at its highest in in the December 2014 quarter at 14.34. The Current Ratio was at its lowest in in the March 2015 quarter at 0.
Average
1.65
Median
1.53
Minimum
0
Maximum
2.90
Discovering the peaks and valleys of Erie Indemnity Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 2.90
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 1.31 | -4.63% |
2022 | 1.38 | -12.48% |
2021 | 1.57 | 5.06% |
2020 | 1.50 | -22.25% |
2019 | 1.92 | -33.64% |
2018 | 2.90 | 26.90% |
2017 | 2.29 | 4.37% |
2016 | 2.19 | 53.64% |
2015 | 1.43 | Infinity% |
2014 | 0 | 0% |
The current Current Ratio of Erie Indemnity Company (ERIE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.42
5-year avg
1.54
10-year avg
1.65
Erie Indemnity Company’s Current Ratio is less than CorVel Corporation (1.71), less than Huize Holding Limited (1.48), less than Crawford & Company (1.28), less than eHealth, Inc. (6.33), less than Fanhua Inc. (2.59), less than Crawford & Company (1.28), less than BRP Group, Inc. (0.90), less than Arthur J. Gallagher & Co. (1.06), less than Marsh & McLennan Companies, Inc. (1.14), less than Willis Towers Watson Public Limited Company (1.14), less than Aon plc (1.07), less than Brown & Brown, Inc. (1.15),
Company | Current Ratio | Market cap |
---|---|---|
1.71 | $6.34B | |
1.48 | $31.83M | |
1.28 | $526.04M | |
6.33 | $148.17M | |
2.59 | $86.76M | |
1.28 | $561.11M | |
0.90 | $2.16B | |
1.06 | $66.76B | |
1.14 | $111.89B | |
1.14 | $31.67B | |
1.07 | $83.52B | |
1.15 | $32.04B |
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