Erie Indemnity (ERIE) Gross Margin (2009 - 2018)
Erie Indemnity (ERIE) posted Gross Margin of 39.07% for Q1 2018, down 54.42% sequentially from 85.72% in Q4 2017, and up 2230.0% YoY from 1.68% in Q1 2017.
Erie Indemnity (ERIE) Gross Margin (2009 - 2018) Analysis & Trends
Erie Indemnity has reported Gross Margin for 10 years, with the latest figure at 39.07% in Q1 2018.
- Quarterly Gross Margin rose 2230.0% year-over-year to 39.07% in Q1 2018, while the trailing twelve-month figure through Mar 2018 was 72.55% (up 243.0% YoY) and the FY2017 annual result came in at 87.25%, down 41.0% from the prior year.
- Gross Margin declined to 39.07% in Q1 2018 per ERIE's latest filing, from 85.72% in the prior quarter.
- Over five years, Gross Margin peaked at 960.01% in Q4 2014 and troughed at 216.94% in Q1 2014.
- A 5-year average of 82.61% and a median of 85.84% in 2015 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2014 and 2015: Gross Margin jumped 71855 bps in 2014, then slumped 87456 bps in 2015.
- Over 5 years, Gross Margin stood at 960.01% in 2014, then plunged by 91 bps to 85.45% in 2015, then advanced by 0 bps to 85.69% in 2016, then gained by 0 bps to 85.72% in 2017, then sank by 54 bps to 39.07% in 2018.
- According to Business Quant data, Gross Margin over the past three periods registered 39.07%, 85.72%, and 88.14% for Q1 2018, Q4 2017, and Q3 2017 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 270.94 Bn | 270.93 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.41 Bn | 80.21 Bn | 6.04 Bn | 81.58% |
| 3 | Aon | 75.58 Bn | 74.31 Bn | - | - |
| 4 | Arthur J. Gallagher | 67.03 Bn | 65.65 Bn | - | - |
| 5 | Willis Towers Watson | 32.33 Bn | 30.67 Bn | 2.09 Bn | 84.59% |
| 6 | Brown & Brown | 23.86 Bn | 22.94 Bn | 1.41 Bn | 83.83% |
| 7 | Erie Indemnity | 12.15 Bn | 11.80 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.53 Bn | 4.51 Bn | - | - |
| 9 | Accelerant Holdings | 4.27 Bn | 2.62 Bn | 285.20 Mn | 79.91% |
| 10 | Corvel | 3.59 Bn | 3.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 39.07% |
| Dec 31, 2017 | 85.72% |
| Sep 30, 2017 | 88.14% |
| Jun 30, 2017 | 88.10% |
| Mar 31, 2017 | 16.76% |
| Dec 31, 2016 | 85.69% |
| Sep 30, 2016 | 87.95% |
| Jun 30, 2016 | 88.84% |
| Mar 31, 2016 | 87.98% |
| Dec 31, 2015 | 85.45% |
| Sep 30, 2015 | 88.34% |
| Jun 30, 2015 | 87.40% |
| Mar 31, 2015 | 85.84% |
| Dec 31, 2014 | 960.01% |
| 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% |