Erie Indemnity (ERIE) Gross Profit (2009 - 2018)
Erie Indemnity (ERIE) posted Gross Profit of $223.5 million for Q1 2018, down 35.03% sequentially from $344.1 million in Q4 2017, and up 233.93% YoY from $66.9 million in Q1 2017.
Erie Indemnity (ERIE) Gross Profit (2009 - 2018) Analysis & Trends
Erie Indemnity has reported Gross Profit for 10 years, with the latest figure at $223.5 million in Q1 2018.
- Quarterly Gross Profit rose 233.93% year-over-year to $223.5 million in Q1 2018, while the trailing twelve-month figure through Mar 2018 was $1.4 billion (up 19.0% YoY) and the FY2017 annual result came in at $1.5 billion, up 5.47% from the prior year.
- Gross Profit slipped to $223.5 million in Q1 2018 per ERIE's latest filing, from $344.1 million in the prior quarter.
- Over five years, Gross Profit peaked at $3.2 billion in Q4 2014 and troughed at -$752.0 million in Q2 2014.
- A 5-year average of $314.1 million and a median of $329.7 million in 2016 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2014 and 2018: Gross Profit tumbled 233.1% in 2014, then soared 233.93% in 2018.
- Over 5 years, Gross Profit stood at $3.2 billion in 2014, then sank by 90.59% to $304.5 million in 2015, then grew by 6.82% to $325.3 million in 2016, then increased by 5.77% to $344.1 million in 2017, then tumbled by 35.03% to $223.5 million in 2018.
- According to Business Quant data, Gross Profit over the past three periods registered $223.5 million, $344.1 million, and $390.0 million for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 223.53 Mn |
| Mar 31, 2018 | 223.53 Mn |
| Dec 31, 2017 | 344.07 Mn |
| Dec 31, 2017 | 344.07 Mn |
| Sep 30, 2017 | 390.01 Mn |
| Sep 30, 2017 | 390.01 Mn |
| Jun 30, 2017 | 395.20 Mn |
| Jun 30, 2017 | 395.20 Mn |
| Mar 31, 2017 | 66.94 Mn |
| Mar 31, 2017 | 66.94 Mn |
| Dec 31, 2016 | 325.30 Mn |
| Dec 31, 2016 | 325.30 Mn |
| Sep 30, 2016 | 367.98 Mn |
| Sep 30, 2016 | 367.98 Mn |
| Jun 30, 2016 | 376.58 Mn |
| Jun 30, 2016 | 376.58 Mn |
| Mar 31, 2016 | 329.67 Mn |
| Mar 31, 2016 | 329.67 Mn |
| Dec 31, 2015 | 304.53 Mn |
| Dec 31, 2015 | 304.53 Mn |