Erie Indemnity (ERIE) Long-Term Deferred Tax (2009 - 2022)
Erie Indemnity (ERIE) posted Long-Term Deferred Tax of $20.9 million for Q3 2022, up 1.8% sequentially from $20.5 million in Q2 2022, and up 21.61% YoY from $17.2 million in Q3 2021.
Erie Indemnity (ERIE) Long-Term Deferred Tax (2009 - 2022) Analysis & Trends
Erie Indemnity has reported Long-Term Deferred Tax for 14 years, with the latest figure at $20.9 million in Q3 2022.
- Quarterly Long-Term Deferred Tax rose 21.61% year-over-year to $20.9 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $20.9 million (up 21.61% YoY) and the FY2021 annual result came in at $145000.0, down 98.83% from the prior year.
- Long-Term Deferred Tax improved to $20.9 million in Q3 2022 per ERIE's latest filing, from $20.5 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $37.7 million in Q3 2018 and troughed at $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.
- The sharpest annual moves came in 2018 and 2021: Long-Term Deferred Tax grew 24.3% in 2018, then tumbled 98.83% in 2021.
- Over 5 years, Long-Term Deferred Tax stood at $24.1 million in 2018, then retreated by 28.69% to $17.2 million in 2019, then declined by 28.19% to $12.3 million in 2020, then sank by 98.83% to $145000.0 in 2021, then surged by 14285.52% to $20.9 million in 2022.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $20.9 million, $20.5 million, and $9.8 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - |
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 |