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-on-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.
- Interest Expenses for Q3 2022 came in at $115000.0, down 88.88% year-over-year; the trailing twelve-month figure through Jun 2023 was $115000.0 (down 97.11% YoY), and the FY2022 annual result 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.
- The 5-year median for Interest Expenses is $596000.0 (2018), against an average of $536210.5.
- Across the five-year window, Interest Expenses sank 99.33% in 2020 and surged 51850.0% in 2021, its largest moves.
- Erie Indemnity's Interest Expenses stood at $596000.0 in 2018, then sank 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 plunged by 89.05% to $115000.0 in 2022.
- The last three Interest Expenses figures came in at $115000.0 (Q3 2022), $895000.0 (Q2 2022), and $999000.0 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 240.00 Mn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 179.00 Mn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 158.00 Mn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 77.00 Mn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 99.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 3.53 Mn |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | - |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 2.50 Mn |
| 10 | Erie Indemnity | 562,468.35 | -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 |