Erie Indemnity (ERIE) Interest Expenses (2017 - 2022)
Erie Indemnity recorded quarterly Interest Expenses of $115000.0 in Q3 2022, down 87.15% quarter-over-quarter from $895000.0 in Q2 2022, and down 88.88% year-over-year from $1.0 million in Q3 2021.
Erie Indemnity's Interest Expenses history runs 6 years deep, the most recent figure standing at $115000.0 for Q3 2022.
- In Q3 2022, Interest Expenses fell 88.88% year-over-year to $115000.0; the TTM figure through Jun 2023 stood at $115000.0 (down 97.11% YoY), while the FY2022 annual figure was $2.0 million, down 51.38% from the prior year.
- Interest Expenses came in at $115000.0 for Q3 2022 at Erie Indemnity, down from $895000.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.0 million in Q4 2021 to a low of $2000.0 in Q2 2020.
- A 5-year average of $536210.5 and a median of $596000.0 in 2018 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses plunged 99.33% in 2020 and soared 51850.0% in 2021, its largest moves.
- Erie Indemnity's Interest Expenses stood at $596000.0 in 2018, then plunged by 95.97% to $24000.0 in 2019, then surged by 2912.5% to $723000.0 in 2020, then surged by 45.23% to $1.0 million in 2021, then tumbled by 89.05% to $115000.0 in 2022.
- According to Business Quant data, Interest Expenses over the past three periods registered $115000.0, $895000.0, and $999000.0 for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 179.00 Mn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 158.00 Mn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 77.00 Mn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 99.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 2.50 Mn |
| 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 | - | 5.47 Mn |
| 10 | Erie Indemnity | 569,992.65 | -268.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 115,000.00 |
| Sep 30, 2022 | 115,000.00 |
| Jun 30, 2022 | 895,000.00 |
| Jun 30, 2022 | 895,000.00 |
| Mar 31, 2022 | 999,000.00 |
| Mar 31, 2022 | 999,000.00 |
| Dec 31, 2021 | 1.05 Mn |
| Dec 31, 2021 | 1.05 Mn |
| Sep 30, 2021 | 1.03 Mn |
| Sep 30, 2021 | 1.03 Mn |
| Jun 30, 2021 | 1.04 Mn |
| Jun 30, 2021 | 1.04 Mn |
| Mar 31, 2021 | 1.01 Mn |
| Mar 31, 2021 | 1.01 Mn |
| Dec 31, 2020 | 723,000.00 |
| Dec 31, 2020 | 723,000.00 |
| Sep 30, 2020 | 3,000.00 |
| Sep 30, 2020 | 3,000.00 |
| Jun 30, 2020 | 2,000.00 |
| Jun 30, 2020 | 2,000.00 |
| Mar 31, 2020 | 3,000.00 |
| Mar 31, 2020 | 3,000.00 |
| Dec 31, 2019 | 24,000.00 |
| Dec 31, 2019 | 24,000.00 |
| Sep 30, 2019 | 111,000.00 |
| Sep 30, 2019 | 111,000.00 |
| Jun 30, 2019 | 272,000.00 |
| Jun 30, 2019 | 272,000.00 |
| Mar 31, 2019 | 449,000.00 |
| Mar 31, 2019 | 449,000.00 |
| Dec 31, 2018 | 596,000.00 |
| Dec 31, 2018 | 596,000.00 |
| Sep 30, 2018 | 709,000.00 |
| Sep 30, 2018 | 709,000.00 |
| Jun 30, 2018 | 602,000.00 |
| Jun 30, 2018 | 602,000.00 |
| Mar 31, 2018 | 553,000.00 |
| Mar 31, 2018 | 553,000.00 |
| Dec 31, 2017 | 438,000.00 |
| Dec 31, 2017 | 438,000.00 |
| Sep 30, 2017 | 377,000.00 |
| Sep 30, 2017 | 377,000.00 |
| Jun 30, 2017 | 257,000.00 |
| Jun 30, 2017 | 257,000.00 |
| Mar 31, 2017 | 166,000.00 |
| Mar 31, 2017 | 166,000.00 |