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| 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% |