Erie Indemnity (ERIE) Gross Profit (2009 - 2018)
Erie Indemnity recorded quarterly Gross Profit of $426.2 million in Q1 2018, up 144.3% quarter-over-quarter from $174.5 million in Q4 2017, and up 536.69% year-over-year from $66.9 million in Q1 2017.
Erie Indemnity's Gross Profit history runs 10 years deep, the most recent figure standing at $426.2 million for Q1 2018.
- In Q1 2018, Gross Profit rose 536.69% year-over-year to $426.2 million; the TTM figure through Mar 2018 stood at $991.7 million (down 23.75% YoY), while the FY2017 annual figure was $744.3 million, down 46.82% from the prior year.
- Gross Profit came in at $426.2 million for Q1 2018 at Erie Indemnity, up from $174.5 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $2.6 billion in Q4 2014 to a low of -$752.0 million in Q2 2014.
- A 5-year average of $201.3 million and a median of $177.9 million in 2015 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit slumped 233.1% in 2014 and soared 536.69% in 2018, its largest moves.
- Erie Indemnity's Gross Profit stood at $2.6 billion in 2014, then tumbled by 113.02% to -$345.0 million in 2015, then surged by 349.14% to $859.5 million in 2016, then tumbled by 79.7% to $174.5 million in 2017, then jumped by 144.3% to $426.2 million in 2018.
- According to Business Quant data, Gross Profit over the past three periods registered $426.2 million, $174.5 million, and $193.8 million for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - |
| 10 | Erie Indemnity | 569,992.65 | -268.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 426.20 Mn |
| Mar 31, 2018 | 426.20 Mn |
| Dec 31, 2017 | 174.46 Mn |
| Dec 31, 2017 | 174.46 Mn |
| Sep 30, 2017 | 193.82 Mn |
| Sep 30, 2017 | 193.82 Mn |
| Jun 30, 2017 | 197.18 Mn |
| Jun 30, 2017 | 197.18 Mn |
| Mar 31, 2017 | 66.94 Mn |
| Mar 31, 2017 | 66.94 Mn |
| Dec 31, 2016 | 859.47 Mn |
| Dec 31, 2016 | 859.47 Mn |
| Sep 30, 2016 | 185.95 Mn |
| Sep 30, 2016 | 185.95 Mn |
| Jun 30, 2016 | 188.09 Mn |
| Jun 30, 2016 | 188.09 Mn |
| Mar 31, 2016 | 166.01 Mn |
| Mar 31, 2016 | 166.01 Mn |
| Dec 31, 2015 | -344.98 Mn |
| Dec 31, 2015 | -344.98 Mn |
| Sep 30, 2015 | 350.37 Mn |
| Sep 30, 2015 | 350.37 Mn |
| Jun 30, 2015 | 177.93 Mn |
| Jun 30, 2015 | 177.93 Mn |
| Mar 31, 2015 | 157.11 Mn |
| Mar 31, 2015 | 157.11 Mn |
| Dec 31, 2014 | 2.65 Bn |
| Dec 31, 2014 | 2.65 Bn |
| Sep 30, 2014 | -565.36 Mn |
| Sep 30, 2014 | -565.36 Mn |
| Jun 30, 2014 | -752.02 Mn |
| Jun 30, 2014 | -752.02 Mn |
| Mar 31, 2014 | -707.75 Mn |
| Mar 31, 2014 | -707.75 Mn |
| Dec 31, 2013 | 4.10 Bn |
| Dec 31, 2013 | 4.10 Bn |
| Sep 30, 2013 | 709.00 Mn |
| Sep 30, 2013 | 709.00 Mn |
| Jun 30, 2013 | 565.00 Mn |
| Jun 30, 2013 | 565.00 Mn |
| Mar 31, 2013 | 729.00 Mn |
| Mar 31, 2013 | 729.00 Mn |
| Dec 31, 2012 | 463.00 Mn |
| Dec 31, 2012 | 463.00 Mn |
| Sep 30, 2012 | 548.00 Mn |
| Sep 30, 2012 | 548.00 Mn |
| Jun 30, 2012 | 217.00 Mn |
| Jun 30, 2012 | 217.00 Mn |
| Mar 31, 2012 | 804.00 Mn |
| Mar 31, 2012 | 804.00 Mn |
| Dec 31, 2011 | 698.00 Mn |
| Dec 31, 2011 | 698.00 Mn |
| Sep 30, 2011 | -52.00 Mn |
| Sep 30, 2011 | -52.00 Mn |
| Jun 30, 2011 | 75.00 Mn |
| Jun 30, 2011 | 75.00 Mn |
| Mar 31, 2011 | 659.00 Mn |
| Mar 31, 2011 | 659.00 Mn |
| Dec 31, 2010 | 709.00 Mn |
| Dec 31, 2010 | 709.00 Mn |
| Sep 30, 2010 | 647.00 Mn |
| Sep 30, 2010 | 647.00 Mn |
| Jun 30, 2010 | 179.00 Mn |
| Jun 30, 2010 | 179.00 Mn |
| Mar 31, 2010 | 455.00 Mn |
| Mar 31, 2010 | 455.00 Mn |
| Dec 31, 2009 | 105.00 Mn |
| Dec 31, 2009 | 105.00 Mn |
| Sep 30, 2009 | 655.00 Mn |
| Sep 30, 2009 | 655.00 Mn |
| Jun 30, 2009 | 489.00 Mn |
| Jun 30, 2009 | 489.00 Mn |