Erie Indemnity (ERIE) Interest Expenses (2017 - 2022)
Erie Indemnity's (ERIE) quarterly Interest Expenses came in at $115000.0 in Q3 2022, down 88.88% year-over-year from $1.0 million in Q3 2021, and down 87.15% quarter-over-quarter from $895000.0 in Q2 2022.
Erie Indemnity (ERIE) Interest Expenses (2017 - 2022) Analysis & Trends
Erie Indemnity has disclosed Interest Expenses across 6 years of filings, most recently posting $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.
- Average Interest Expenses over 5 years is $536210.5, with a median of $596000.0 recorded in 2018.
- Year-over-year, Interest Expenses plunged 99.33% in 2020 and soared 51850.0% in 2021.
- Over 5 years, Interest Expenses stood at $596000.0 in 2018, then tumbled by 95.97% to $24000.0 in 2019, then jumped by 2912.5% to $723000.0 in 2020, then jumped by 45.23% to $1.0 million in 2021, then slumped by 89.05% to $115000.0 in 2022.
- Per Business Quant data, the three most recent Interest Expenses figures were $115000.0 in Q3 2022, $895000.0 in Q2 2022, and $999000.0 in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 83.52 Bn | 71.57 Bn | 6.04 Bn | 250.00 Mn |
| 2 | Aon | 62.69 Bn | 61.45 Bn | - | 179.00 Mn |
| 3 | Arthur J. Gallagher | 61.32 Bn | 59.96 Bn | - | 168.00 Mn |
| 4 | Willis Towers Watson | 28.79 Bn | 27.21 Bn | 2.09 Bn | 78.00 Mn |
| 5 | Brown & Brown | 21.46 Bn | 20.56 Bn | 1.41 Bn | 100.00 Mn |
| 6 | XChange TEC.INC | 12.72 Bn | 12.72 Bn | - | - |
| 7 | Erie Indemnity | 11.04 Bn | 10.70 Bn | - | - |
| 8 | Ryan Specialty Holdings | 10.28 Bn | 10.64 Bn | - | - |
| 9 | Hagerty | 4.78 Bn | 4.92 Bn | 244.11 Mn | - |
| 10 | Baldwin Insurance | 4.45 Bn | 4.80 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 115,000.00 |
| Jun 30, 2022 | 895,000.00 |
| Mar 31, 2022 | 999,000.00 |
| Dec 31, 2021 | 1.05 Mn |
| Sep 30, 2021 | 1.03 Mn |
| Jun 30, 2021 | 1.04 Mn |
| Mar 31, 2021 | 1.01 Mn |
| Dec 31, 2020 | 723,000.00 |
| Sep 30, 2020 | 3,000.00 |
| Jun 30, 2020 | 2,000.00 |
| Mar 31, 2020 | 3,000.00 |
| Dec 31, 2019 | 24,000.00 |
| Sep 30, 2019 | 111,000.00 |
| Jun 30, 2019 | 272,000.00 |
| Mar 31, 2019 | 449,000.00 |
| Dec 31, 2018 | 596,000.00 |
| Sep 30, 2018 | 709,000.00 |
| Jun 30, 2018 | 602,000.00 |
| Mar 31, 2018 | 553,000.00 |
| Dec 31, 2017 | 438,000.00 |
Erie Indemnity Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=ERIE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();