Erie Indemnity (ERIE) Total Debt (2016 - 2022)
Erie Indemnity's Total Debt came in at $40 million for Q2 2022, down 57.8% from $94.86 million a year earlier and down 57.1% from the prior quarter.
Powered by 
Analysis
Erie Indemnity (ERIE) Total Debt (2016 - 2022) Analysis & Trends
At the end of FY2021, Erie Indemnity's Total Debt was $93.83 million, down 2.1% from FY2020.
- Total Debt has declined in each of the last three years, though with a five-year compound annual growth rate of 30.5% (FY2016 to FY2021).
- Going back by year, Total Debt was $95.86 million in FY2020 (-2.0%), $97.82 million in FY2019 (-1.9%), $99.73 million in FY2018 (+33.5%) and $74.73 million in FY2017 (+201.7%).
- The Q2 2022 figure represents the lowest quarterly Total Debt since Q1 2017.
- Year-over-year, Total Debt has declined for four consecutive quarters, with an average decline of 11.4% over the last six quarters.
- The fastest year-over-year change in Total Debt over five years came in Q1 2018 (growth of 201.9%), and the weakest in Q2 2022 (a decline of 57.8%).
- Business Quant data shows ERIE's Total Debt at $93.31 million (Q1 2022), $93.83 million (Q4 2021) and $94.35 million (Q3 2021) in the three quarters before Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 1.09 Bn |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | 20.56 Bn |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | 4.73 Bn |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | 5.60 Bn |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 13.48 Bn |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 14.97 Bn |
| 10 | Erie Indemnity | 10.26 Bn | 8.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 93.31 Mn |
| Dec 31, 2021 | 93.83 Mn |
| Sep 30, 2021 | 94.35 Mn |
| Jun 30, 2021 | 94.86 Mn |
| Mar 31, 2021 | 95.36 Mn |
| Dec 31, 2020 | 95.86 Mn |
| Sep 30, 2020 | 96.36 Mn |
| Mar 31, 2020 | 97.34 Mn |
| Dec 31, 2019 | 97.82 Mn |
| Jun 30, 2019 | 98.77 Mn |
| Mar 31, 2019 | 99.27 Mn |
| Dec 31, 2018 | 99.73 Mn |
| Sep 30, 2018 | 99.73 Mn |
| Jun 30, 2018 | 99.73 Mn |
| Mar 31, 2018 | 74.73 Mn |
| Dec 31, 2017 | 74.73 Mn |
| Sep 30, 2017 | 49.73 Mn |
| Jun 30, 2017 | 49.74 Mn |
| Mar 31, 2017 | 24.75 Mn |
API Access
Erie Indemnity Total Debt 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=total-debt&ticker=ERIE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();