Erie Indemnity (ERIE) Return on Invested Capital (2018 - 2023)

Erie Indemnity has reported Return on Invested Capital for 6 years, with the latest figure at 0.08% in Q1 2023.

• Quarterly Return on Invested Capital fell 23.0% year-over-year to 0.08% in Q1 2023, while the trailing twelve-month figure through Mar 2023 was 0.08% (down 23.0% YoY) and the FY2021 annual result came in at 1.22%, down 12.0% from the prior year.
• Return on Invested Capital improved to 0.08% in Q1 2023 per ERIE's latest filing, from 0.07% in the prior quarter.
• Over five years, Return on Invested Capital peaked at 0.56% in Q2 2020 and troughed at 0.06% in Q3 2022.
• A 5-year average of 0.35% and a median of 0.42% in 2019 frame the typical range for Return on Invested Capital.
• The sharpest annual moves came in 2019 and 2020: Return on Invested Capital plunged 103 bps in 2019, then increased 14 bps in 2020.
• Over 5 years, Return on Invested Capital stood at 0.5% in 2019, then dropped by 10 bps to 0.45% in 2020, then slumped by 32 bps to 0.3% in 2021, then tumbled by 77 bps to 0.07% in 2022, then advanced by 12 bps to 0.08% in 2023.
• According to Business Quant data, Return on Invested Capital over the past three periods registered 0.08%, 0.07%, and 0.06% for Q1 2023, Q4 2022, and Q3 2022 respectively.