Erie Indemnity (ERIE) Long-Term Deferred Tax (2009 - 2022)
Erie Indemnity (ERIE) reported Long-Term Deferred Tax of $20.9 million for Q3 2022, up 21.61% on a YoY basis from $17.2 million in Q3 2021, and up 1.8% sequentially from $20.5 million in Q2 2022.
Erie Indemnity (ERIE) Long-Term Deferred Tax (2009 - 2022) Analysis & Trends
Erie Indemnity (ERIE) has 14 years of Long-Term Deferred Tax data on file, last reported at $20.9 million in Q3 2022.
- For the quarter ending Q3 2022, Long-Term Deferred Tax rose 21.61% year-over-year to $20.9 million; the trailing twelve-month figure through Sep 2022 stood at $20.9 million (up 21.61% YoY), and the FY2021 full-year result was $145000.0, down 98.83% from the prior year.
- Long-Term Deferred Tax improved to $20.9 million in Q3 2022, from $20.5 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $37.7 million in Q3 2018 to a low of $145000.0 in Q4 2021.
- A 5-year average of $19.8 million and a median of $19.3 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax advanced 24.3% in 2018 and sank 98.83% in 2021, its largest moves.
- Tracing ERIE's Long-Term Deferred Tax over 5 years: stood at $24.1 million in 2018, then dropped by 28.69% to $17.2 million in 2019, then decreased by 28.19% to $12.3 million in 2020, then slumped by 98.83% to $145000.0 in 2021, then surged by 14285.52% to $20.9 million in 2022.
- Business Quant data shows ERIE's Long-Term Deferred Tax at $20.9 million in Q3 2022, $20.5 million in Q2 2022, and $9.8 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | XChange TEC.INC | 119.57 Bn | 119.57 Bn | - |
| 2 | Marsh & Mclennan Companies | 92.01 Bn | 79.80 Bn | 6.04 Bn |
| 3 | Aon | 81.79 Bn | 80.37 Bn | - |
| 4 | Arthur J. Gallagher | 68.10 Bn | 66.68 Bn | - |
| 5 | Willis Towers Watson | 29.97 Bn | 28.12 Bn | 1.98 Bn |
| 6 | Brown & Brown | 24.67 Bn | 23.67 Bn | 1.61 Bn |
| 7 | Erie Indemnity | 11.15 Bn | 10.82 Bn | - |
| 8 | Neptune Insurance Holdings | 4.35 Bn | 4.34 Bn | 26.44 Mn |
| 9 | Accelerant Holdings | 3.24 Bn | 1.70 Bn | 48.00 Mn |
| 10 | Corvel | 3.18 Bn | 2.83 Bn | 54.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 20.86 Mn |
| Jun 30, 2022 | 20.49 Mn |
| Mar 31, 2022 | 9.82 Mn |
| Dec 31, 2021 | 145,000.00 |
| Sep 30, 2021 | 17.15 Mn |
| Jun 30, 2021 | 17.97 Mn |
| Mar 31, 2021 | 16.45 Mn |
| Dec 31, 2020 | 12.34 Mn |
| Sep 30, 2020 | 21.62 Mn |
| Mar 31, 2020 | 19.28 Mn |
| Dec 31, 2019 | 17.19 Mn |
| Jun 30, 2019 | 19.09 Mn |
| Mar 31, 2019 | 22.18 Mn |
| Dec 31, 2018 | 24.10 Mn |
| Sep 30, 2018 | 37.66 Mn |
| Jun 30, 2018 | 31.53 Mn |
| Mar 31, 2018 | 29.06 Mn |
| Dec 31, 2017 | 19.39 Mn |
| Sep 30, 2017 | 47.56 Mn |
| Jun 30, 2017 | 51.81 Mn |