Erie Indemnity (ERIE) Return on Invested Capital [ROIC] (2017 - 2022)
Erie Indemnity's Return on Invested Capital [ROIC] was 21.27% in Q4 2022, up 3.41 percentage points from 17.87% a year earlier and up 0.66 percentage points from the prior quarter.
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Analysis
Erie Indemnity (ERIE) Return on Invested Capital [ROIC] (2017 - 2022) Analysis & Trends
For FY2022, Return on Invested Capital [ROIC] at Erie Indemnity came in at 20.69%, up 2.18 percentage points from FY2021.
- Return on Invested Capital [ROIC] shows a five-year change of +0.26 percentage points (FY2017 to FY2022).
- In earlier years, Return on Invested Capital [ROIC] was 18.51% in FY2021 (-2.90 pp), 21.40% in FY2020 (-3.36 pp), 24.77% in FY2019 (-1.89 pp) and 26.66% in FY2018 (+6.23 pp).
- The Q4 2022 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2020.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -0.44 percentage points over the last six quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2018 (a gain of 6.02 percentage points); the worst was Q1 2021 (a drop of 2.98 percentage points).
- Per Business Quant data, ERIE's Return on Invested Capital [ROIC] in the three quarters before Q4 2022 was 20.62% (Q3 2022), 19.44% (Q2 2022) and 18.01% (Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -11.59% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 12.87% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 11.21% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -102.80% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 5.67% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 14.78% |
| 10 | Erie Indemnity | 10.21 Bn | 8.54 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 21.27% |
| Sep 30, 2022 | 20.62% |
| Jun 30, 2022 | 19.44% |
| Mar 31, 2022 | 18.01% |
| Dec 31, 2021 | 17.87% |
| Sep 30, 2021 | 18.76% |
| Jun 30, 2021 | 19.43% |
| Mar 31, 2021 | 20.29% |
| Dec 31, 2020 | 20.49% |
| Mar 31, 2020 | 23.27% |
| Jun 30, 2019 | 24.50% |
| Mar 31, 2019 | 25.06% |
| Dec 31, 2018 | 25.53% |
| Sep 30, 2018 | 23.96% |
| Jun 30, 2018 | 23.08% |
| Mar 31, 2018 | 21.48% |
| Dec 31, 2017 | 19.51% |
| Sep 30, 2017 | 20.78% |
| Jun 30, 2017 | 21.72% |
| Mar 31, 2017 | 22.71% |
API Access
Erie Indemnity Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ERIE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();