Erie Indemnity (ERIE) Gross Margin (2009 - 2018)
Erie Indemnity's (ERIE) quarterly Gross Margin came in at 39.07% in Q1 2018, down 4777.0% year-over-year from 0.84% in Q1 2017, and down 54.42% quarter-over-quarter from 85.72% in Q4 2017.
Analysis
Erie Indemnity (ERIE) Gross Margin (2009 - 2018) Analysis & Trends
Erie Indemnity has disclosed Gross Margin across 10 years of filings, most recently posting 39.07% for Q1 2018.
- In Q1 2018, Gross Margin fell 4777.0% year-over-year to 39.07%; the TTM figure through Mar 2018 stood at 72.55% (down 1483.0% YoY), while the FY2017 annual figure was 87.25%, down 41.0% from the prior year.
- Gross Margin came in at 39.07% for Q1 2018 at Erie Indemnity, down 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.
- Average Gross Margin over 5 years is 86.73%, with a median of 86.84% recorded in 2017.
- Year-over-year, Gross Margin soared 71855 bps in 2014 and sank 87456 bps in 2015.
- Over 5 years, Gross Margin stood at 960.01% in 2014, then slumped by 91 bps to 85.45% in 2015, then rose by 0 bps to 85.69% in 2016, then increased by 0 bps to 85.72% in 2017, then tumbled by 54 bps to 39.07% in 2018.
- Per Business Quant data, the three most recent Gross Margin figures were 39.07% in Q1 2018, 85.72% in Q4 2017, and 88.14% in Q3 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.81 Bn | 6.04 Bn | 81.58% |
| 2 | Aon | 65.60 Bn | 64.34 Bn | - | - |
| 3 | Arthur J. Gallagher | 62.53 Bn | 61.14 Bn | - | - |
| 4 | Willis Towers Watson | 29.65 Bn | 27.99 Bn | 2.09 Bn | 84.59% |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 83.83% |
| 6 | XChange TEC.INC | 16.16 Bn | 16.16 Bn | - | - |
| 7 | Erie Indemnity | 11.12 Bn | 10.78 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.85 Bn | 4.71 Bn | - | - |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.28 Bn | - | - |
| 10 | Baldwin Insurance | 2.73 Bn | 2.54 Bn | - | - |
Historic Data
Download Data
Historic 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 | 86.84% |
| 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% |