Growth Metrics

Erie Indemnity (ERIE) Interest Expenses (2017 - 2022)

Erie Indemnity (ERIE) has disclosed Interest Expenses for 6 consecutive years, with $115000.0 as the latest value for Q3 2022.

  • Quarterly Interest Expenses fell 88.88% to $115000.0 in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $115000.0 through Jun 2023, down 97.11% year-over-year, with the annual reading at $2.0 million for FY2022, 51.38% down from the prior year.
  • Interest Expenses hit $115000.0 in Q3 2022 for 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.
  • Historically, Interest Expenses has averaged $536210.5 across 5 years, with a median of $596000.0 in 2018.
  • Biggest five-year swings in Interest Expenses: tumbled 99.33% in 2020 and later skyrocketed 51850.0% in 2021.
  • Year by year, Interest Expenses stood at $596000.0 in 2018, then crashed by 95.97% to $24000.0 in 2019, then soared by 2912.5% to $723000.0 in 2020, then soared by 45.23% to $1.0 million in 2021, then plummeted by 89.05% to $115000.0 in 2022.
  • Business Quant data shows Interest Expenses for ERIE at $115000.0 in Q3 2022, $895000.0 in Q2 2022, and $999000.0 in Q1 2022.