Erie Indemnity (ERIE) Gross Margin (2009 - 2018)
Erie Indemnity (ERIE) reported Gross Margin of 39.07% for Q1 2018, up 2230.0% on a YoY basis from 1.68% in Q1 2017, and down 54.42% sequentially from 85.72% in Q4 2017.
Erie Indemnity (ERIE) Gross Margin (2009 - 2018) Analysis & Trends
Erie Indemnity (ERIE) has 10 years of Gross Margin data on file, last reported at 39.07% in Q1 2018.
- For the quarter ending Q1 2018, Gross Margin rose 2230.0% year-over-year to 39.07%; the trailing twelve-month figure through Mar 2018 stood at 72.55% (up 243.0% YoY), and the FY2017 full-year result was 87.25%, down 41.0% from the prior year.
- Gross Margin declined to 39.07% in Q1 2018, from 85.72% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 960.01% in Q4 2014 to a low of 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.
- Across the five-year window, Gross Margin surged 71855 bps in 2014 and plunged 87456 bps in 2015, its largest moves.
- Tracing ERIE's Gross Margin over 5 years: stood at 960.01% in 2014, then sank by 91 bps to 85.45% in 2015, then increased by 0 bps to 85.69% in 2016, then grew by 0 bps to 85.72% in 2017, then slumped by 54 bps to 39.07% in 2018.
- Business Quant data shows ERIE's Gross Margin at 39.07% in Q1 2018, 85.72% in Q4 2017, and 88.14% in Q3 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 119.57 Bn | 119.57 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.01 Bn | 79.80 Bn | 6.04 Bn | 81.58% |
| 3 | Aon | 81.79 Bn | 80.37 Bn | - | - |
| 4 | Arthur J. Gallagher | 68.10 Bn | 66.68 Bn | - | - |
| 5 | Willis Towers Watson | 29.97 Bn | 28.12 Bn | 1.98 Bn | 83.71% |
| 6 | Brown & Brown | 24.67 Bn | 23.67 Bn | 1.61 Bn | 84.80% |
| 7 | Erie Indemnity | 11.15 Bn | 10.82 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.35 Bn | 4.34 Bn | 26.44 Mn | 69.96% |
| 9 | Accelerant Holdings | 3.24 Bn | 1.70 Bn | 48.00 Mn | 36.98% |
| 10 | Corvel | 3.18 Bn | 2.83 Bn | 54.92 Mn | 23.31% |
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% |