Growth Metrics

Erie Indemnity (ERIE) Interest Coverage Ratio (2017 - 2022)

Erie Indemnity recorded quarterly Interest Coverage Ratio of 925.84 in Q3 2022, up 39671.63% quarter-over-quarter from 2.34 in Q2 2022, and up 4547.65% year-over-year from 19.92 in Q3 2021.

Erie Indemnity's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 925.84 for Q3 2022.

  • In Q3 2022, Interest Coverage Ratio rose 4547.65% year-over-year to 925.84; the TTM figure through Jun 2023 stood at 495.83 (up 439.05% YoY), while the FY2022 annual figure 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.
  • A 5-year average of 6471.61 and a median of 140.27 in 2018 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio jumped 150482.2% in 2020 and sank 114.81% in 2022, its largest moves.
  • Erie Indemnity's Interest Coverage Ratio stood at 541.54 in 2018, then jumped by 2455.5% to 13839.17 in 2019, then slumped by 99.35% to 89.98 in 2020, then jumped by 178.48% to 250.56 in 2021, then surged by 269.5% to 925.84 in 2022.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 925.84, 2.34, and 84.4 for Q3 2022, Q2 2022, and Q1 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 9.58
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 7.60
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 5.82
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 16.11
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 4.84
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 - 2.74
10 Erie Indemnity 569,992.65 -268.92 Mn - -

Historic Data

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DateValue
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
Sep 30, 2017 15.87
Jun 30, 2017 324.70
Mar 31, 2017 36.03