Erie Indemnity (ERIE) Gross Profit (2009 - 2018)
Erie Indemnity's (ERIE) quarterly Gross Profit came in at $426.2 million in Q1 2018, up 536.69% year-on-year from $66.9 million in Q1 2017, and up 144.3% quarter-over-quarter from $174.5 million in Q4 2017.
Erie Indemnity (ERIE) Gross Profit (2009 - 2018) Analysis & Trends
Erie Indemnity has disclosed Gross Profit across 10 years of filings, most recently posting $426.2 million for Q1 2018.
- Gross Profit for Q1 2018 came in at $426.2 million, up 536.69% year-over-year; the trailing twelve-month figure through Mar 2018 was $991.7 million (down 23.75% YoY), and the FY2017 annual result 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.
- The 5-year median for Gross Profit is $177.9 million (2015), against an average of $201.3 million.
- Across the five-year window, Gross Profit tumbled 233.1% in 2014 and surged 536.69% in 2018, its largest moves.
- Erie Indemnity's Gross Profit stood at $2.6 billion in 2014, then plunged by 113.02% to -$345.0 million in 2015, then jumped by 349.14% to $859.5 million in 2016, then plunged by 79.7% to $174.5 million in 2017, then soared by 144.3% to $426.2 million in 2018.
- The last three Gross Profit figures came in at $426.2 million (Q1 2018), $174.5 million (Q4 2017), and $193.8 million (Q3 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn |
| 10 | Erie Indemnity | 562,468.35 | -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 |