Erie Indemnity (ERIE) Long-Term Deferred Tax (2018 - 2022)
Erie Indemnity's Long-Term Deferred Tax was $20.86 million in Q3 2022, up 21.6% from $17.15 million a year earlier and up 1.8% from the prior quarter.
Powered by 
Analysis
Erie Indemnity (ERIE) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
At the end of FY2021, Long-Term Deferred Tax at Erie Indemnity came in at $145,000, down 98.8% from FY2020.
- Long-Term Deferred Tax has now declined for three consecutive years, with a three-year compound annual growth rate of -81.8% (FY2018 to FY2021).
- In earlier years, Long-Term Deferred Tax was $12.34 million in FY2020 (-28.2%), $17.19 million in FY2019 (-28.7%) and $24.1 million in FY2018.
- The Q3 2022 figure marks the highest quarterly Long-Term Deferred Tax since Q3 2020.
- Compared with a year earlier, Long-Term Deferred Tax was higher in two of the last seven quarters, with an average decline of 23.9%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q3 2022 (growth of 21.6%); the worst was Q4 2021 (a decline of 98.8%).
- Per Business Quant data, ERIE's Long-Term Deferred Tax in the three quarters before Q3 2022 was $20.49 million (Q2 2022), $9.82 million (Q1 2022) and $145,000 (Q4 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,168.75 Bn | -248.72 Bn | 55.86 Bn |
| 2 | Chubb | 136.94 Bn | 89.00 Bn | 9.13 Bn |
| 3 | Progressive | 132.57 Bn | 108.40 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 93.82 Bn | 86.22 Bn | - |
| 5 | Travelers Companies | 83.08 Bn | 59.33 Bn | 6.23 Bn |
| 6 | Manulife Financial | 75.37 Bn | -18.34 Bn | - |
| 7 | Arthur J. Gallagher | 68.71 Bn | 63.14 Bn | - |
| 8 | Aon | 64.39 Bn | 57.63 Bn | - |
| 9 | Allstate | 64.30 Bn | 25.55 Bn | 8.73 Bn |
| 10 | Erie Indemnity | 11.71 Bn | 10.03 Bn | - |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2018 | 24.10 Mn |
API Access
Erie Indemnity Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=ERIE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();