Erie Indemnity (ERIE) Cost of Revenue (2009 - 2018)
Erie Indemnity (ERIE) posted Cost of Revenue of $348.6 million for Q1 2018, up 508.08% sequentially from $57.3 million in Q4 2017, and up 4.89% YoY from $332.4 million in Q1 2017.
Erie Indemnity (ERIE) Cost of Revenue (2009 - 2018) Analysis & Trends
Erie Indemnity has reported Cost of Revenue for 10 years, with the latest figure at $348.6 million in Q1 2018.
- Quarterly Cost of Revenue rose 4.89% year-over-year to $348.6 million in Q1 2018, while the trailing twelve-month figure through Mar 2018 was $511.8 million (up 5.65% YoY) and the FY2017 annual result came in at $215.7 million, up 9.45% from the prior year.
- Cost of Revenue advanced to $348.6 million in Q1 2018 per ERIE's latest filing, from $57.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.1 billion in Q2 2014 and troughed at -$2.9 billion in Q4 2014.
- A 5-year average of $84.4 million and a median of $52.5 million in 2017 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2015 and 2017: Cost of Revenue plunged 95.51% in 2015, then surged 637.63% in 2017.
- Over 5 years, Cost of Revenue stood at -$2.9 billion in 2014, then surged by 101.79% to $51.9 million in 2015, then gained by 4.75% to $54.3 million in 2016, then increased by 5.56% to $57.3 million in 2017, then surged by 508.08% to $348.6 million in 2018.
- According to Business Quant data, Cost of Revenue over the past three periods registered $348.6 million, $57.3 million, and $52.5 million for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 1.36 Bn |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | - |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | - |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 380.00 Mn |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 271.00 Mn |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 71.70 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 348.63 Mn |
| Mar 31, 2018 | 348.63 Mn |
| Dec 31, 2017 | 57.33 Mn |
| Dec 31, 2017 | 57.33 Mn |
| Sep 30, 2017 | 52.48 Mn |
| Sep 30, 2017 | 52.48 Mn |
| Jun 30, 2017 | 53.36 Mn |
| Jun 30, 2017 | 53.36 Mn |
| Mar 31, 2017 | 332.38 Mn |
| Mar 31, 2017 | 332.38 Mn |
| Dec 31, 2016 | 54.31 Mn |
| Dec 31, 2016 | 54.31 Mn |
| Sep 30, 2016 | 50.43 Mn |
| Sep 30, 2016 | 50.43 Mn |
| Jun 30, 2016 | 47.31 Mn |
| Jun 30, 2016 | 47.31 Mn |
| Mar 31, 2016 | 45.06 Mn |
| Mar 31, 2016 | 45.06 Mn |
| Dec 31, 2015 | 51.85 Mn |
| Dec 31, 2015 | 51.85 Mn |