Erie Indemnity (ERIE) Interest Coverage Ratio (2017 - 2022)
Erie Indemnity's (ERIE) quarterly Interest Coverage Ratio came in at 925.84 in Q3 2022, up 4547.65% year-on-year from 19.92 in Q3 2021, and up 39671.63% quarter-over-quarter from 2.34 in Q2 2022.
Erie Indemnity (ERIE) Interest Coverage Ratio (2017 - 2022) Analysis & Trends
Erie Indemnity has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 925.84 for Q3 2022.
- Interest Coverage Ratio for Q3 2022 came in at 925.84, up 4547.65% year-over-year; the trailing twelve-month figure through Jun 2023 was 495.83 (up 439.05% YoY), and the FY2022 annual result was 0.31, down 99.59% from the prior year.
- Interest Coverage Ratio came in at 925.84 for Q3 2022 at Erie Indemnity, up from 2.34 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 45594.5 in Q2 2020 to a low of 2.34 in Q2 2022.
- The 5-year median for Interest Coverage Ratio is 140.27 (2018), against an average of 6471.61.
- Across the five-year window, Interest Coverage Ratio soared 150482.2% in 2020 and slumped 114.81% in 2022, its largest moves.
- Erie Indemnity's Interest Coverage Ratio stood at 541.54 in 2018, then soared by 2455.5% to 13839.17 in 2019, then tumbled by 99.35% to 89.98 in 2020, then soared by 178.48% to 250.56 in 2021, then jumped by 269.5% to 925.84 in 2022.
- The last three Interest Coverage Ratio figures came in at 925.84 (Q3 2022), 2.34 (Q2 2022), and 84.4 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 7.31 |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 9.58 |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 7.60 |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 5.82 |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 16.11 |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 3.81 |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | - |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 4.84 |
| 10 | Erie Indemnity | 562,468.35 | -268.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 925.84 |
| Jun 30, 2022 | -2.34 |
| Mar 31, 2022 | 84.40 |
| Dec 31, 2021 | 250.56 |
| Sep 30, 2021 | 19.92 |
| Jun 30, 2021 | 15.80 |
| Mar 31, 2021 | 75.42 |
| Dec 31, 2020 | 89.98 |
| Sep 30, 2020 | 32,075.00 |
| Jun 30, 2020 | 45,594.50 |
| Mar 31, 2020 | 28,563.67 |
| Dec 31, 2019 | 13,839.17 |
| Sep 30, 2019 | 77.95 |
| Jun 30, 2019 | 355.18 |
| Mar 31, 2019 | 18.97 |
| Dec 31, 2018 | 541.54 |
| Sep 30, 2018 | 136.38 |
| Jun 30, 2018 | 158.34 |
| Mar 31, 2018 | 140.27 |
| Dec 31, 2017 | 14.70 |