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
DateValue
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%