Erie Indemnity (ERIE) Divestments (2010 - 2020)
Erie Indemnity (ERIE) posted Divestments of $328,000 for Q1 2020, down 86.4% from $2.41 million a year earlier but up 168.9% from the prior quarter.
Erie Indemnity (ERIE) Divestments (2010 - 2020) Analysis & Trends
For the trailing twelve months through Mar 31, 2020, Divestments at Erie Indemnity was $1.64 million, down 66.5% year-over-year; for FY2019, it was $3.72 million, up 9.9% from FY2018.
- Annual Divestments shows a five-year compound annual growth rate of -33.5% (FY2014 to FY2019).
- In prior years, Erie Indemnity's Divestments was $3.39 million in FY2018 (-68.5%), $10.77 million in FY2017 (-33.2%), $16.11 million in FY2016 (-39.7%) and $26.74 million in FY2015 (-6.6%).
- Quarterly Divestments has run from a low of $39,000 in Q2 2019 to a high of $9.45 million in Q2 2016 over five years.
- On a year-over-year basis, Divestments increased in three of the last eight quarters, with growth averaging 5.2%.
- The strongest year-over-year quarter for Divestments in the past five years was Q3 2019, with growth of 215.9%; the weakest was Q2 2019, with a decline of 97.8%.
- According to Business Quant data, Divestments for the three prior quarters was $122,000 (Q4 2019), $1.15 million (Q3 2019) and $39,000 (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 485.00 Mn |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | - |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | - |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | 245.00 Mn |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | - |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 20.00 Mn |
| 10 | Erie Indemnity | 10.26 Bn | 8.58 Bn | - | - |
Historic 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 |
Erie Indemnity Divestments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=divestments&ticker=ERIE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "divestments", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=divestments&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();