Erie Indemnity (ERIE) Non Operating Investment Income (2009 - 2019)
Erie Indemnity (ERIE) posted Non Operating Investment Income of $1.3 million for Q2 2019, down 47.98% sequentially from $2.5 million in Q1 2019, and up 4168.75% YoY from $30500.7 in Q2 2018.
Erie Indemnity (ERIE) Non Operating Investment Income (2009 - 2019) Analysis & Trends
Erie Indemnity has reported Non Operating Investment Income for 11 years, with the latest figure at $1.3 million in Q2 2019.
- Quarterly Non Operating Investment Income rose 4168.75% year-over-year to $1.3 million in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $2.3 million (up 1063.45% YoY) and the FY2018 annual result came in at -$2.0 million, down 250.67% from the prior year.
- Non Operating Investment Income declined to $1.3 million in Q2 2019 per ERIE's latest filing, from $2.5 million in the prior quarter.
- Over five years, Non Operating Investment Income peaked at $243.5 million in Q4 2015 and troughed at -$292.0 million in Q3 2015.
- A 5-year average of -$3.0 million and a median of $124000.0 in 2017 frame the typical range for Non Operating Investment Income.
- The sharpest annual moves came in 2018 and 2019: Non Operating Investment Income plunged 638.05% in 2018, then jumped 4168.75% in 2019.
- Over 5 years, Non Operating Investment Income stood at $243.5 million in 2015, then tumbled by 99.84% to $399000.0 in 2016, then sank by 151.38% to -$205000.0 in 2017, then slumped by 638.05% to -$1.5 million in 2018, then jumped by 186.05% to $1.3 million in 2019.
- According to Business Quant data, Non Operating Investment Income over the past three periods registered $1.3 million, $2.5 million, and -$1.5 million for Q2 2019, Q1 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | -5.00 Mn |
| 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 | 53.00 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 1.30 Mn |
| Jun 30, 2019 | 1.30 Mn |
| Mar 31, 2019 | 2.50 Mn |
| Mar 31, 2019 | 2.50 Mn |
| Dec 31, 2018 | -1.51 Mn |
| Dec 31, 2018 | -1.51 Mn |
| Jun 30, 2018 | -32,000.00 |
| Jun 30, 2018 | -32,000.00 |
| Mar 31, 2018 | -465,000.00 |
| Mar 31, 2018 | -465,000.00 |
| Dec 31, 2017 | -205,000.00 |
| Dec 31, 2017 | -205,000.00 |
| Sep 30, 2017 | 899,000.00 |
| Sep 30, 2017 | 899,000.00 |
| Jun 30, 2017 | 124,000.00 |
| Jun 30, 2017 | 124,000.00 |
| Mar 31, 2017 | 516,000.00 |
| Mar 31, 2017 | 516,000.00 |
| Jun 30, 2016 | 399,000.00 |
| Jun 30, 2016 | 399,000.00 |