Erie Indemnity Company Statistics
Total Valuation
ERIE has a market cap or net worth of $21.93 billion. The enterprise value is $21.69 billion.
Important Dates
The last earnings date was Thursday, October 31, 2024, after market close.
| Earnings Date | Oct 31, 2024 |
| Ex-Dividend Date | Oct 7, 2024 |
Share Statistics
ERIE has 52.29 million shares outstanding. The number of shares has increased by 0.00% in one year.
| Current Share Class | 46.19M |
| Shares Outstanding | 52.29M |
| Shares Change (YoY) | +0.00% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 41.07% |
| Owned by Institutions (%) | 32.62% |
| Float | 25.15M |
Valuation Ratios
The trailing PE ratio is 34.66 and the forward PE ratio is 30.84.
| PE Ratio | 34.66 |
| Forward PE | 30.84 |
| PS Ratio | 5.25 |
| Forward PS | 5.46 |
| PB Ratio | 11.26 |
| P/TBV Ratio | 11.26 |
| P/FCF Ratio | 46.92 |
| P/OCF Ratio | 38.74 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 30.52, with an EV/FCF ratio of 46.41.
| EV / Earnings | 38.79 |
| EV / Sales | 5.88 |
| EV / EBITDA | 30.52 |
| EV / EBIT | 32.74 |
| EV / FCF | 46.41 |
Financial Position
The company has a current ratio of 1.36, with a Debt / Equity ratio of 0.00.
| Current Ratio | 1.36 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.02 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 31.42% and return on invested capital (ROIC) is 23.21%.
| Return on Equity (ROE) | 31.42% |
| Return on Assets (ROA) | 15.75% |
| Return on Capital (ROIC) | 23.21% |
| Revenue Per Employee | $562,644 |
| Profits Per Employee | $85,298 |
| Employee Count | 6,556 |
| Asset Turnover | 1.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ERIE has paid $146.18 million in taxes.
| Income Tax | 146.18M |
| Effective Tax Rate | 20.72% |
Stock Price Statistics
The stock price has increased by +49.80% in the last 52 weeks. The beta is 0.45, so ERIE's price volatility has been lower than the market average.
| Beta (5Y) | 0.45 |
| 52-Week Price Change | +49.80% |
| 50-Day Moving Average | 483.67 |
| 200-Day Moving Average | 421.58 |
| Relative Strength Index (RSI) | 37.81 |
| Average Volume (20 Days) | 153,969 |
Short Selling Information
The latest short interest is 799,753, so 1.53% of the outstanding shares have been sold short.
| Short Interest | 799,753 |
| Short Previous Month | 688,296 |
| Short % of Shares Out | 1.53% |
| Short % of Float | 3.18% |
| Short Ratio (days to cover) | 5.66 |
Income Statement
In the last 12 months, ERIE had revenue of $3.69 billion and earned $559.21 million in profits. Earnings per share was $12.10.
| Revenue | 3.69B |
| Gross Profit | 636.23M |
| Operating Income | 662.57M |
| Pretax Income | 668.33M |
| Net Income | 559.21M |
| EBITDA | 710.92M |
| EBIT | 662.57M |
| Earnings Per Share (EPS) | $12.10 |
Full Income StatementBalance Sheet
The company has $246.24 million in cash and $7.91 million in debt, giving a net cash position of $238.34 million or $4.56 per share.
| Cash & Cash Equivalents | 246.24M |
| Total Debt | 7.91M |
| Net Cash | 238.34M |
| Net Cash Per Share | $4.56 |
| Equity (Book Value) | 1.95B |
| Book Value Per Share | 37.25 |
| Working Capital | 290.42M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $566.23 million and capital expenditures -$98.75 million, giving a free cash flow of $467.48 million.
| Operating Cash Flow | 566.23M |
| Capital Expenditures | -98.75M |
| Free Cash Flow | 467.48M |
| FCF Per Share | $8.94 |
Full Cash Flow StatementMargins
Gross margin is 17.25%, with operating and profit margins of 17.96% and 15.16%.
| Gross Margin | 17.25% |
| Operating Margin | 17.96% |
| Pretax Margin | 19.12% |
| Profit Margin | 15.16% |
| EBITDA Margin | 19.27% |
| EBIT Margin | 17.96% |
| FCF Margin | 9.07% |