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 906.62% year-over-year from 91.98 in Q3 2021, and up 696.76% quarter-over-quarter from 116.2 in Q2 2022.
Analysis
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.
- In Q3 2022, Interest Coverage Ratio rose 906.62% year-over-year to 925.84; the TTM figure through Jun 2023 stood at 3761.77 (up 4234.35% YoY), while the FY2022 annual figure was 187.26, up 143.25% from the prior year.
- Interest Coverage Ratio came in at 925.84 for Q3 2022 at Erie Indemnity, up from 116.2 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 58.89 in Q4 2021.
- Average Interest Coverage Ratio over 5 years is 5930.62, with a median of 140.27 recorded in 2018.
- Year-over-year, Interest Coverage Ratio soared 14791.77% in 2020 and slumped 99.82% in 2021.
- Over 5 years, Interest Coverage Ratio stood at 125.43 in 2018, then surged by 2182.1% to 2862.5 in 2019, then tumbled by 96.86% to 89.98 in 2020, then slumped by 34.55% to 58.89 in 2021, then surged by 1472.17% to 925.84 in 2022.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 925.84 in Q3 2022, 116.2 in Q2 2022, and 84.4 in Q1 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | 7.60 |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | 5.11 |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | 3.46 |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | 4.67 |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 1.12 |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | - |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | - |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | 7.32 |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 925.84 |
| Jun 30, 2022 | 116.20 |
| Mar 31, 2022 | 84.40 |
| Dec 31, 2021 | 58.89 |
| Sep 30, 2021 | 91.98 |
| Jun 30, 2021 | 81.87 |
| 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 | 2,862.50 |
| Sep 30, 2019 | 954.12 |
| Jun 30, 2019 | 355.18 |
| Mar 31, 2019 | 191.81 |
| Dec 31, 2018 | 125.43 |
| Sep 30, 2018 | 136.38 |
| Jun 30, 2018 | 158.34 |
| Mar 31, 2018 | 140.27 |
| Dec 31, 2017 | 133.85 |