Erie Indemnity (ERIE) Return on Invested Capital (2018 - 2023)
Erie Indemnity (ERIE) reported Return on Invested Capital of 0.02% for Q1 2023, down 29.0% on a YoY basis from 0.03% in Q1 2022, and down 44.66% sequentially from 0.03% in Q4 2022.
Erie Indemnity (ERIE) Return on Invested Capital (2018 - 2023) Analysis & Trends
Erie Indemnity (ERIE) has 6 years of Return on Invested Capital data on file, last reported at 0.02% in Q1 2023.
- For the quarter ending Q1 2023, Return on Invested Capital fell 29.0% year-over-year to 0.02%; the trailing twelve-month figure through Mar 2023 stood at 0.02% (down 29.0% YoY), and the FY2021 full-year result was 1.22%, up 109.0% from the prior year.
- Return on Invested Capital eased to 0.02% in Q1 2023, from 0.03% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.98% in Q2 2020 to a low of 0.05% in Q1 2021.
- A 5-year average of 0.35% and a median of 0.25% in 2021 frame the typical range for Return on Invested Capital.
- Across the five-year window, Return on Invested Capital surged 48 bps in 2020 and slumped 103 bps in 2021, its largest moves.
- Tracing ERIE's Return on Invested Capital over 5 years: stood at 0.74% in 2019, then slumped by 94 bps to 0.04% in 2020, then surged by 474 bps to 0.25% in 2021, then slumped by 86 bps to 0.03% in 2022, then sank by 45 bps to 0.02% in 2023.
- Business Quant data shows ERIE's Return on Invested Capital at 0.02% in Q1 2023, 0.03% in Q4 2022, and 0.04% in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 119.57 Bn | 119.57 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.01 Bn | 79.80 Bn | 6.04 Bn | 0.01% |
| 3 | Aon | 81.79 Bn | 80.37 Bn | - | 0.01% |
| 4 | Arthur J. Gallagher | 68.10 Bn | 66.68 Bn | - | 0.01% |
| 5 | Willis Towers Watson | 29.97 Bn | 28.12 Bn | 1.98 Bn | 0.01% |
| 6 | Brown & Brown | 24.67 Bn | 23.67 Bn | 1.61 Bn | 0.00% |
| 7 | Erie Indemnity | 11.15 Bn | 10.82 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.35 Bn | 4.34 Bn | 26.44 Mn | 0.03% |
| 9 | Accelerant Holdings | 3.24 Bn | 1.70 Bn | 48.00 Mn | - |
| 10 | Corvel | 3.18 Bn | 2.83 Bn | 54.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 0.02% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | 0.10% |
| Mar 31, 2022 | 0.31% |
| Dec 31, 2021 | 0.25% |
| Sep 30, 2021 | -0.04% |
| Jun 30, 2021 | -0.05% |
| Mar 31, 2021 | -0.05% |
| Dec 31, 2020 | 0.04% |
| Sep 30, 2020 | 0.96% |
| Jun 30, 2020 | 0.98% |
| Mar 31, 2020 | 0.73% |
| Dec 31, 2019 | 0.74% |
| Sep 30, 2019 | 0.65% |
| Jun 30, 2019 | 0.51% |
| Mar 31, 2019 | 0.64% |
| Dec 31, 2018 | 0.82% |
| Sep 30, 2018 | 1.32% |