Erie Indemnity (ERIE) Receivables Refunds (2014 - 2020)
Erie Indemnity recorded quarterly Receivables Refunds of $2.7 million in Q4 2020, down 32.81% quarter-over-quarter from $4.0 million in Q3 2020, and up 476.62% year-over-year from $462000.0 in Q1 2020.
Erie Indemnity's Receivables Refunds history runs 7 years deep, the most recent figure standing at $2.7 million for Q4 2020.
- In Q4 2020, Receivables Refunds rose 476.62% year-over-year to $2.7 million; the TTM figure through Dec 2020 stood at $2.7 million (up 476.62% YoY), while the FY2020 annual figure was $2.7 million, up 476.62% from the prior year.
- Receivables Refunds came in at $2.7 million for Q4 2020 at Erie Indemnity, down from $4.0 million in the prior quarter.
- In the past five years, Receivables Refunds ranged from a high of $29.9 million in Q4 2017 to a low of $462000.0 in Q4 2019.
- A 5-year average of $9.1 million and a median of $6.5 million in 2016 frame the typical range for Receivables Refunds.
- Across the five-year window, Receivables Refunds sank 94.34% in 2019 and surged 476.62% in 2020, its largest moves.
- Erie Indemnity's Receivables Refunds stood at $5.3 million in 2016, then jumped by 468.44% to $29.9 million in 2017, then slumped by 72.7% to $8.2 million in 2018, then tumbled by 94.34% to $462000.0 in 2019, then soared by 476.62% to $2.7 million in 2020.
- According to Business Quant data, Receivables Refunds over the past three periods registered $2.7 million, $4.0 million, and $462000.0 for Q4 2020, Q3 2020, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | - |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | - |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Erie Indemnity | 569,992.65 | -268.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 2.66 Mn |
| Sep 30, 2020 | 3.97 Mn |
| Dec 31, 2019 | 462,000.00 |
| Jun 30, 2019 | 7.79 Mn |
| Dec 31, 2018 | 8.16 Mn |
| Mar 31, 2018 | 14.72 Mn |
| Dec 31, 2017 | 29.90 Mn |
| Dec 31, 2016 | 5.26 Mn |
| Dec 31, 2015 | 11.95 Mn |
| Dec 31, 2014 | 11.45 Mn |