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
DateValue
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