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
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