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
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