Growth Metrics

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 🔒
DateValue
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