Erie Indemnity (ERIE) Total Debt (2016 - 2022)
Erie Indemnity (ERIE) posted Total Debt of $40.0 million for Q2 2022, down 57.13% sequentially from $93.3 million in Q1 2022, and down 57.83% YoY from $94.9 million in Q2 2021.
Erie Indemnity (ERIE) Total Debt (2016 - 2022) Analysis & Trends
Erie Indemnity has reported Total Debt for 7 years, with the latest figure at $40.0 million in Q2 2022.
- Quarterly Total Debt fell 57.83% year-over-year to $40.0 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $40.0 million (down 57.83% YoY) and the FY2021 annual result came in at $93.8 million, down 2.12% from the prior year.
- Total Debt fell to $40.0 million in Q2 2022 per ERIE's latest filing, from $93.3 million in the prior quarter.
- Over five years, Total Debt peaked at $99.7 million in Q4 2018 and troughed at $40.0 million in Q2 2022.
- A 5-year average of $91.9 million and a median of $96.1 million in 2020 frame the typical range for Total Debt.
- The sharpest annual moves came in 2018 and 2022: Total Debt jumped 201.89% in 2018, then plunged 57.83% in 2022.
- Over 5 years, Total Debt stood at $99.7 million in 2018, then slipped by 1.91% to $97.8 million in 2019, then slipped by 2.0% to $95.9 million in 2020, then fell by 2.12% to $93.8 million in 2021, then plunged by 57.37% to $40.0 million in 2022.
- According to Business Quant data, Total Debt over the past three periods registered $40.0 million, $93.3 million, and $93.8 million for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | 164.41 Mn |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 21.21 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 14.97 Bn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 13.48 Bn |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 6.53 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 7.76 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 240.00 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 120.10 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download 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 |