Erie Indemnity (ERIE) Gross Margin (2009 - 2018)

Erie Indemnity's (ERIE) quarterly Gross Margin came in at 74.49% in Q1 2018, up 5773.0% year-on-year from 1.27% in Q1 2017, and up 71.39% quarter-over-quarter from 43.46% in Q4 2017.

Erie Indemnity (ERIE) Gross Margin (2009 - 2018) Analysis & Trends

Erie Indemnity has disclosed Gross Margin across 10 years of filings, most recently posting 74.49% for Q1 2018.

  • Gross Margin for Q1 2018 came in at 74.49%, up 5773.0% year-over-year; the trailing twelve-month figure through Mar 2018 was 53.18% (down 2703.0% YoY), and the FY2017 annual result 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.
  • The 5-year median for Gross Margin is 44.3% (2015), against an average of 51.6%.
  • Across the five-year window, Gross Margin jumped 54406 bps in 2014 and sank 88233 bps in 2015, its largest moves.
  • Erie Indemnity's Gross Margin stood at 785.53% in 2014, then slumped by 112 bps to 96.8% in 2015, then surged by 334 bps to 226.41% in 2016, then slumped by 81 bps to 43.46% in 2017, then surged by 71 bps to 74.49% in 2018.
  • The last three Gross Margin figures came in at 74.49% (Q1 2018), 43.46% (Q4 2017), and 43.8% (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 77.45%
2 Aon 69.98 Bn 68.59 Bn - -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 83.71%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 84.80%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 23.31%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 36.98%
10 Erie Indemnity 562,468.35 -268.92 Mn - -

Historic Data

Download Data
DateValue
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%