Erie Indemnity (ERIE) Debt Ratio (2016 - 2022)
Erie Indemnity (ERIE) reported Debt Ratio of 0.02 for Q2 2022, down 58.15% on a YoY basis from 0.04 in Q2 2021, and down 56.27% sequentially from 0.04 in Q1 2022.
Erie Indemnity (ERIE) Debt Ratio (2016 - 2022) Analysis & Trends
Erie Indemnity (ERIE) has 7 years of Debt Ratio data on file, last reported at 0.02 in Q2 2022.
- For the quarter ending Q2 2022, Debt Ratio fell 58.15% year-over-year to 0.02; the trailing twelve-month figure through Jun 2022 stood at 0.02 (down 58.15% YoY), and the FY2021 full-year result was 0.04, down 7.57% from the prior year.
- Debt Ratio eased to 0.02 in Q2 2022, 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 0.02 in Q2 2022.
- A 5-year average of 0.05 and a median of 0.05 in 2018 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio surged 185.88% in 2018 and slumped 58.15% in 2022, its largest moves.
- Tracing ERIE's Debt Ratio over 5 years: stood at 0.06 in 2018, then declined by 13.49% to 0.05 in 2019, then dropped by 6.67% to 0.05 in 2020, then dropped by 7.57% to 0.04 in 2021, then sank by 56.16% to 0.02 in 2022.
- Business Quant data shows ERIE's Debt Ratio at 0.02 in Q2 2022, 0.04 in Q1 2022, and 0.04 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 119.57 Bn | 119.57 Bn | - | 17.42 |
| 2 | Marsh & Mclennan Companies | 92.01 Bn | 79.80 Bn | 6.04 Bn | 0.34 |
| 3 | Aon | 81.79 Bn | 80.37 Bn | - | 0.29 |
| 4 | Arthur J. Gallagher | 68.10 Bn | 66.68 Bn | - | 0.16 |
| 5 | Willis Towers Watson | 29.97 Bn | 28.12 Bn | 1.98 Bn | 0.21 |
| 6 | Brown & Brown | 24.67 Bn | 23.67 Bn | 1.61 Bn | 0.27 |
| 7 | Erie Indemnity | 11.15 Bn | 10.82 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.35 Bn | 4.34 Bn | 26.44 Mn | 2.66 |
| 9 | Accelerant Holdings | 3.24 Bn | 1.70 Bn | 48.00 Mn | 0.01 |
| 10 | Corvel | 3.18 Bn | 2.83 Bn | 54.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 0.02 |
| 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 |