Erie Indemnity Company

Erie Indemnity Companyverified

ERIE

Price:

$536.15

Market Cap:

$24.76B

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

The ROE as of September 2024 (TTM) for Erie Indemnity Company (ERIE) is 31.07%

According to Erie Indemnity Company’s latest financial reports and current stock price. The company's current ROE is 31.07%. This represents a change of 301.13% compared to the average of 7.74% of the last 4 quarters.

Erie Indemnity Company (ERIE) Historical ROE (quarterly & annually)

How has ERIE ROE performed in the past?

The mean historical ROE of Erie Indemnity Company over the last ten years is 24.72%. The current 31.07% ROE has changed 25.67% with respect to the historical average. Over the past ten years (40 quarters), ERIE's ROE was at its highest in in the June 2018 quarter at 9.06%. The ROE was at its lowest in in the December 2014 quarter at 3.70%.

Quarterly (TTM)
Annual

Average

24.72%

Median

24.29%

Minimum

20.61%

Maximum

29.60%

Erie Indemnity Company (ERIE) ROE by Quarter and Year

Discovering the peaks and valleys of Erie Indemnity Company ROE, 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 = 30.13%

Maximum Annual ROE = 29.60%

Minimum Annual Increase = -11.69%

Minimum Annual ROE = 20.61%

Quarterly (TTM)
Annual
YearROEChange
202326.83%30.13%
202220.61%-7.09%
202122.19%-10.13%
202024.69%-11.69%
201927.96%-5.56%
201829.60%28.83%
201722.98%-10.77%
201625.75%13.44%
201522.70%-5.01%
201423.90%7.61%

Erie Indemnity Company (ERIE) Average ROE

How has ERIE ROE performed in the past?

The current ROE 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

23.21%

5-year avg

24.45%

10-year avg

24.72%

Erie Indemnity Company (ERIE) ROE vs. Peers

How is ERIE’s ROE compared to its peers?

Erie Indemnity Company’s ROE is less than CorVel Corporation (32.25%), less than Huize Holding Limited (15.03%), less than Crawford & Company (15.22%), greater than eHealth, Inc. (-5.76%), less than Fanhua Inc. (13.89%), less than Crawford & Company (15.22%), greater than BRP Group, Inc. (-9.27%), less than Arthur J. Gallagher & Co. (10.34%), less than Marsh & McLennan Companies, Inc. (32.49%), less than Willis Towers Watson Public Limited Company (11.54%), less than Aon plc (236.29%), less than Brown & Brown, Inc. (17.61%),

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