Erie Indemnity (ERIE) Divestments (2010 - 2020)
Erie Indemnity (ERIE) posted Divestments of $328000.0 for Q1 2020, up 168.85% sequentially from $122000.0 in Q4 2019, and down 86.4% YoY from $2.4 million in Q2 2019.
Erie Indemnity (ERIE) Divestments (2010 - 2020) Analysis & Trends
Erie Indemnity has reported Divestments for 11 years, with the latest figure at $328000.0 in Q1 2020.
- Quarterly Divestments fell 86.4% year-over-year to $328000.0 in Q1 2020, while the trailing twelve-month figure through Mar 2020 was $1.6 million (down 66.47% YoY) and the FY2019 annual result came in at $3.7 million, up 9.89% from the prior year.
- Divestments climbed to $328000.0 in Q1 2020 per ERIE's latest filing, from $122000.0 in the prior quarter.
- Over five years, Divestments peaked at $9.5 million in Q2 2016 and troughed at $39000.0 in Q2 2019.
- A 5-year average of $2.0 million and a median of $1.2 million in 2016 frame the typical range for Divestments.
- The widest YoY moves for Divestments: up 215.93% in 2019, down 97.8% in 2019.
- Over 5 years, Divestments stood at $3.7 million in 2016, then slipped by 24.99% to $2.8 million in 2017, then sank by 87.74% to $341000.0 in 2018, then tumbled by 64.22% to $122000.0 in 2019, then soared by 168.85% to $328000.0 in 2020.
- According to Business Quant data, Divestments over the past three periods registered $328000.0, $122000.0, and $1.2 million for Q1 2020, Q4 2019, and Q3 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | - |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 20.00 Mn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | - |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | - |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | - |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 328,000.00 |
| Dec 31, 2019 | 122,000.00 |
| Sep 30, 2019 | 1.15 Mn |
| Jun 30, 2019 | 39,000.00 |
| Mar 31, 2019 | 2.41 Mn |
| Dec 31, 2018 | 341,000.00 |
| Sep 30, 2018 | 364,000.00 |
| Jun 30, 2018 | 1.77 Mn |
| Mar 31, 2018 | 910,000.00 |
| Dec 31, 2017 | 2.78 Mn |
| Sep 30, 2017 | 3.64 Mn |
| Jun 30, 2017 | 948,000.00 |
| Mar 31, 2017 | 3.40 Mn |
| Dec 31, 2016 | 3.71 Mn |
| Sep 30, 2016 | 1.16 Mn |
| Jun 30, 2016 | 9.45 Mn |
| Mar 31, 2016 | 1.79 Mn |
| Dec 31, 2015 | 4.96 Mn |
| Sep 30, 2015 | 7.07 Mn |
| Jun 30, 2015 | 5.55 Mn |