Erie Indemnity (ERIE) Gross Margin (2009 - 2018)
Erie Indemnity (ERIE) posted Gross Margin of 13.56% for Q1 2018, down 3.21 percentage points from 16.76% a year earlier.
Erie Indemnity (ERIE) Gross Margin (2009 - 2018) Analysis & Trends
For the trailing twelve months through Mar 31, 2018, Gross Margin at Erie Indemnity was -52.14%, up 56.36 percentage points year-over-year; for FY2014, it was -181.28%, down 14.04 percentage points from FY2013.
- Annual Gross Margin shows a five-year change of -217.17 percentage points (FY2009 to FY2014).
- In prior years, Erie Indemnity's Gross Margin was -167.24% in FY2013 (-204.11 pp), 36.87% in FY2012 (+8.26 pp), 28.61% in FY2011 (-12.09 pp) and 40.70% in FY2010 (+4.81 pp).
- The Q1 2018 figure stands as the lowest quarterly Gross Margin since Q3 2015.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2015, with a gain of 58.10 percentage points; the weakest was Q1 2014, with a drop of 263.34 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,168.75 Bn | -248.72 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 136.94 Bn | 89.00 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 132.57 Bn | 108.40 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 93.82 Bn | 86.22 Bn | - | - |
| 5 | Travelers Companies | 83.08 Bn | 59.33 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 75.37 Bn | -18.34 Bn | - | - |
| 7 | Arthur J. Gallagher | 68.71 Bn | 63.14 Bn | - | - |
| 8 | Aon | 64.39 Bn | 57.63 Bn | - | - |
| 9 | Allstate | 64.30 Bn | 25.55 Bn | 8.73 Bn | 46.97% |
| 10 | Erie Indemnity | 11.71 Bn | 10.03 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 13.56% |
| Mar 31, 2017 | 16.76% |
| Sep 30, 2015 | -136.74% |
| Jun 30, 2015 | -142.99% |
| Mar 31, 2015 | -202.14% |
| Dec 31, 2014 | -155.89% |
| Sep 30, 2014 | -152.95% |
| Jun 30, 2014 | -201.09% |
| Mar 31, 2014 | -216.94% |
| Dec 31, 2013 | 47.20% |
| Sep 30, 2013 | 44.96% |
| Jun 30, 2013 | 39.62% |
| Mar 31, 2013 | 46.40% |
| Dec 31, 2012 | 33.75% |
| Sep 30, 2012 | 37.53% |
| Jun 30, 2012 | 18.71% |
| Mar 31, 2012 | 52.89% |
| Dec 31, 2011 | 49.22% |
| Sep 30, 2011 | -6.53% |
| Jun 30, 2011 | 6.02% |
Erie Indemnity Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ERIE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();