Erie Indemnity (ERIE) Debt Ratio (2016 - 2022)
Erie Indemnity's (ERIE) quarterly Debt Ratio came in at 0.04 in Q2 2022, down 16.31% year-over-year from 0.04 in Q2 2021, and down 12.55% quarter-over-quarter from 0.04 in Q1 2022.
Analysis
Erie Indemnity (ERIE) Debt Ratio (2016 - 2022) Analysis & Trends
Erie Indemnity has disclosed Debt Ratio across 7 years of filings, most recently posting 0.04 for Q2 2022.
- In Q2 2022, Debt Ratio fell 16.31% year-over-year to 0.04; the TTM figure through Jun 2022 stood at 0.04 (down 16.31% YoY), while the FY2021 annual figure was 0.04, down 7.57% from the prior year.
- Debt Ratio came in at 0.04 for Q2 2022 at Erie Indemnity, down from 0.04 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.06 in Q2 2018 to a low of 0.04 in Q2 2022.
- Average Debt Ratio over 5 years is 0.05, with a median of 0.05 recorded in 2018.
- Year-over-year, Debt Ratio soared 185.88% in 2018 and decreased 16.31% in 2022.
- Over 5 years, Debt Ratio stood at 0.06 in 2018, then fell by 13.49% to 0.05 in 2019, then declined by 6.67% to 0.05 in 2020, then declined by 7.57% to 0.04 in 2021, then dropped by 12.32% to 0.04 in 2022.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q2 2022, 0.04 in Q1 2022, and 0.04 in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | 0.36 |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | 0.28 |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | 0.18 |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | 0.21 |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 0.26 |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | 10.42 |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | 0.30 |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | 2.35 |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | 0.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.05 |
| Sep 30, 2020 | 0.04 |
| Mar 31, 2020 | 0.05 |
| Dec 31, 2019 | 0.05 |
| Jun 30, 2019 | 0.05 |
| Mar 31, 2019 | 0.06 |
| Dec 31, 2018 | 0.06 |
| Sep 30, 2018 | 0.06 |
| Jun 30, 2018 | 0.06 |
| Mar 31, 2018 | 0.05 |
| Dec 31, 2017 | 0.04 |
| Sep 30, 2017 | 0.03 |
| Jun 30, 2017 | 0.03 |
| Mar 31, 2017 | 0.02 |