Erie Indemnity (ERIE) Gross Margin (2009 - 2018)
Erie Indemnity recorded quarterly Gross Margin of 74.49% in Q1 2018, up 71.39% quarter-over-quarter from 43.46% in Q4 2017, and up 5773.0% year-over-year from 1.27% in Q1 2017.
Erie Indemnity's Gross Margin history runs 10 years deep, the most recent figure standing at 74.49% for Q1 2018.
- In Q1 2018, Gross Margin rose 5773.0% year-over-year to 74.49%; the TTM figure through Mar 2018 stood at 53.18% (down 2703.0% YoY), while the FY2017 annual figure was 43.99%, down 4366.0% from the prior year.
- Gross Margin came in at 74.49% for Q1 2018 at Erie Indemnity, up from 43.46% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 785.53% in Q4 2014 to a low of 216.94% in Q1 2014.
- A 5-year average of 51.6% and a median of 44.3% in 2015 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 54406 bps in 2014 and plunged 88233 bps in 2015, its largest moves.
- Erie Indemnity's Gross Margin stood at 785.53% in 2014, then sank by 112 bps to 96.8% in 2015, then soared by 334 bps to 226.41% in 2016, then sank by 81 bps to 43.46% in 2017, then soared by 71 bps to 74.49% in 2018.
- According to Business Quant data, Gross Margin over the past three periods registered 74.49%, 43.46%, and 43.8% for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 83.71% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 84.80% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 36.98% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 23.31% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Erie Indemnity | 569,992.65 | -268.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 74.49% |
| Dec 31, 2017 | 43.46% |
| Sep 30, 2017 | 43.80% |
| Jun 30, 2017 | 43.96% |
| Mar 31, 2017 | 16.76% |
| Dec 31, 2016 | 226.41% |
| Sep 30, 2016 | 44.44% |
| Jun 30, 2016 | 44.37% |
| Mar 31, 2016 | 44.30% |
| Dec 31, 2015 | -96.80% |
| Sep 30, 2015 | 88.34% |
| Jun 30, 2015 | 44.30% |
| Mar 31, 2015 | 44.78% |
| Dec 31, 2014 | 785.53% |
| Sep 30, 2014 | -152.95% |
| Jun 30, 2014 | -201.09% |
| Mar 31, 2014 | -216.94% |
| Dec 31, 2013 | 241.46% |
| Sep 30, 2013 | 44.96% |
| Jun 30, 2013 | 39.62% |
| Mar 31, 2013 | 46.40% |
| Dec 31, 2012 | 33.75% |
| Sep 30, 2012 | 37.53% |
| Jun 30, 2012 | 18.71% |
| Mar 31, 2012 | 52.89% |
| Dec 31, 2011 | 49.22% |
| Sep 30, 2011 | -6.53% |
| Jun 30, 2011 | 6.02% |
| Mar 31, 2011 | 48.28% |
| Dec 31, 2010 | 50.61% |
| Sep 30, 2010 | 47.68% |
| Jun 30, 2010 | 19.54% |
| Mar 31, 2010 | 37.42% |
| Dec 31, 2009 | 14.21% |
| Sep 30, 2009 | 50.93% |
| Jun 30, 2009 | 42.56% |