US stock · Financial Services sector · Insurance Brokers
E
Erie Indemnity Company
ERIE
NASDAQ232.93
USD
+3.70
(+1.61%)
Market Closed
42.74P/E
33Forward P/E
2.02P/E to S&P500
12.180BMarket CAP
1.97%Div Yield
Upcoming Earnings
26 Apr-1 May
Shares Short
2/28/23
712.3k
Short % of Float
2.84%
Short % of Shares Outs.
1.36%
% Held by Insiders
45.55%
% Held by Institutions
36.95%
Beta
0.45
PEG Ratio
3.47
52w. high/low
286.50/158.46
Avg. Daily Volume
0.11M
Return %
Stock
S&P 500
1 year
30.41
(11.26)
3 years
36.11
66.43
5 years
95.30
45.04
Scale: |
High
Low
56.15
19.50
40.35
28.10
65.94
37.71
81.41
62.62
80.63
61.57
83.57
68.49
94.00
66.55
101.80
79.00
116.21
88.69
129.73
106.91
147.17
106.63
270.23
127.04
256.77
130.20
266.77
168.87
286.50
158.46
258.89
222.81
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
19.01
18.44
20.85
83.81
85.02
100.65
115.80
114.83
29.11
30.93
32.85
46.07
48.13
55.62
57.79
61.49
Earnings per share
3.43
1.19
1.89
2.85
3.07
2.99
3.09
3.21
3.34
4.02
3.77
5.51
6.06
6.35
6.45
6.46
FCF per share
4.00
2.46
2.86
12.11
6.35
10.18
16.32
13.89
3.92
4.38
3.22
3.96
5.02
6.21
5.50
6.47
Dividends per share
1.47
1.59
1.62
1.72
1.86
4.28
1.59
2.27
2.43
2.60
2.79
2.99
3.21
5.91
4.17
4.48
CAPEX per share
- -
0.14
0.28
0.58
0.20
0.62
0.80
0.99
0.24
0.48
0.55
1.08
1.95
1.20
3.22
1.45
Book Value per sh.
16.93
13.67
15.72
16.05
14.20
12.01
13.91
13.43
14.72
15.62
16.40
18.62
21.67
25.72
29.06
31.36
Comm.Shares outs.
62
58
57
57
55
53
53
52
52
52
52
52
52
46
46
46
Avg. annual P/E ratio
16.0
37.9
18.9
17.2
23.2
23.7
24.2
23.7
25.9
24.5
31.9
22.1
31.5
30.5
32.2
31.7
P/E to S&P500
0.9
1.8
0.3
0.8
1.4
1.6
1.4
1.3
1.3
1.1
1.4
0.9
1.3
0.8
1.1
1.5
Avg. annual div. yield
2.7%
3.5%
4.5%
3.5%
2.6%
6.0%
2.1%
3.0%
2.8%
2.6%
2.3%
2.5%
1.7%
3.1%
2.0%
2.2%
Revenue (m)
1,180
1,068
1,196
4,762
4,675
5,381
6,110
6,011
1,522
1,617
1,718
2,409
2,517
2,569
2,670
2,840
Operating margin
- -
- -
- -
- -
- -
- -
25.6%
- -
- -
- -
- -
- -
- -
- -
- -
13.2%
Depreciation (m)
31
37
38
12
4
- -
21
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net profit (m)
213
69
108
162
169
160
163
168
175
210
197
288
317
293
298
299
Income tax rate
32.1%
32.5%
32.1%
33.9%
25.1%
31.1%
33.1%
31.0%
34.4%
34.3%
37.6%
22.4%
20.1%
20.4%
20.9%
20.7%
Net profit margin
18.0%
6.5%
9.1%
3.4%
3.6%
3.0%
2.7%
2.8%
11.5%
13.0%
11.5%
12.0%
12.6%
11.4%
11.2%
10.5%
Working capital (m)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
114
Long-term debt (m)
- -
- -
- -
- -
- -
- -
- -
- -
- -
25
75
98
96
94
92
- -
Equity (m)
1,051
792
902
912
781
642
734
703
770
817
857
974
1,133
1,188
1,342
1,448
ROIC
7.4%
2.8%
4.0%
3.7%
2.2%
3.3%
4.6%
2.8%
12.4%
13.6%
11.9%
16.3%
15.7%
13.9%
13.4%
19.1%
Return on capital
10.8%
4.2%
5.9%
5.6%
2.9%
4.7%
6.9%
4.1%
18.9%
20.7%
19.0%
21.0%
19.7%
17.4%
17.0%
16.9%
Return on equity
20.3%
8.7%
12.0%
17.8%
21.6%
24.9%
22.2%
23.9%
22.7%
25.8%
23.0%
29.6%
28.0%
24.7%
22.2%
20.6%
Plowback ratio
57.2%
(33.3)%
14.3%
85.2%
61.9%
(Infinity)%
92.0%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
(Infinity)%
Div.&Repurch./FCF
131.9%
136.3%
58.6%
22.5%
73.6%
55.0%
13.5%
19.1%
61.9%
59.3%
86.7%
75.5%
63.9%
95.1%
75.9%
69.2%
Capital Structure
1 Mar · 2023 | Q4
All numbers in millions
Total liabilities
$ 791
Total assets
$ 2,239
Long-term debt
$ - -
Cash and equiv.
$ 142
Goodwill
$ - -
Retained earnings
$ 2,583
Common stock
46
Enterprise Value
$ 12,038
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
179
222
166
Receivables
497
479
525
Inventory
- -
- -
- -
Other
(676)
(679)
68
Current assets
- -
- -
779
Acc. Payable
413
409
- -
Debt due
2
2
- -
Other
(415)
(411)
665
Current liabilities
- -
- -
665
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
6.39%
4.21%
(0.75)%
Cash flow
17.70%
10.54%
(4.08)%
Earnings
0.24%
1.07%
7.97%
Dividends
7.25%
11.95%
13.09%
Book value
7.89%
10.53%
8.00%
Insider Trading
Type
Shares
Date
Hagen Thomas B
Purchase
20
03/17/23
Srinivasa Parthasarathy
Other
511
03/14/23
Novacek Jorie L
Other
247
03/14/23
Feltz Lorianne
Other
66
03/14/23
Bolash Brian W.
Other
315
03/14/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
611
671
666
621
2,569
2021
639
690
708
617
2,654
2022
675
724
741
700
2,840
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
1.28
1.77
1.93
1.36
6.35
2021
1.59
1.71
1.95
1.19
6.45
2022
1.49
1.74
1.83
1.42
6.46
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.97
0.97
0.97
2.99
5.91
2021
1.04
1.04
1.04
1.04
4.17
2022
1.12
1.12
1.12
1.12
4.48
Company Description
Sector:
Financial Services
Industry:
Insurance Brokers
CEO:
Mr. Timothy Gerard NeCastro C.I.C., CPA
Full-time employees:
5,805
City:
Erie
Address:
100 Erie Insurance Place
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.