Erie Indemnity Company (ERIE)

NASDAQ: ERIE · IEX Real-Time Price · USD
+3.59 (1.68%)
Jun 2, 2023, 4:00 PM EDT - Market closed

Total Valuation

ERIE has a market cap or net worth of $11.38 billion. The enterprise value is $11.15 billion.

Market Cap 11.38B
Enterprise Value 11.15B

Important Dates

The next estimated earnings date is Thursday, July 27, 2023, after market close.

Earnings Date Jul 27, 2023
Ex-Dividend Date Jul 5, 2023

Share Statistics

ERIE has 52.29 million shares outstanding. The number of shares has decreased by -0.01% in one year.

Shares Outstanding 52.29M
Shares Change (YoY) -0.01%
Shares Change (QoQ) -0.00%
Owned by Insiders (%) 45.51%
Owned by Institutions (%) 36.96%
Float 25.11M

Valuation Ratios

The trailing PE ratio is 35.87.

PE Ratio 35.87
Forward PE n/a
PS Ratio 3.88
Forward PS 3.47
PB Ratio 7.62
P/FCF Ratio 35.42
PEG Ratio 3.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.90, with an EV/FCF ratio of 34.86.

EV / Earnings 35.28
EV / Sales 3.82
EV / EBITDA 27.90
EV / EBIT 27.90
EV / FCF 34.86

Financial Position

The company has a current ratio of 1.28

Current Ratio 1.28
Quick Ratio 1.17
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is 22.50% and return on invested capital (ROIC) is 27.30%.

Return on Equity (ROE) 22.50%
Return on Assets (ROA) 14.30%
Return on Capital (ROIC) 27.30%
Revenue Per Employee $489,192
Profits Per Employee $52,963
Employee Count 5,970
Asset Turnover 1.32
Inventory Turnover n/a


In the past 12 months, ERIE has paid $82.61 million in taxes.

Income Tax 82.61M
Effective Tax Rate 20.72%

Stock Price Statistics

The stock price has increased by +25.58% in the last 52 weeks. The beta is 0.44, so ERIE's price volatility has been lower than the market average.

Beta (1Y) 0.44
52-Week Price Change +25.58%
50-Day Moving Average 227.39
200-Day Moving Average 239.20
Average Volume (30 Days) 92,353

Short Selling Information

The latest short interest is 672,492, so 1.29% of the outstanding shares have been sold short.

Short Interest 672,492
Short Previous Month 696,504
Short % of Shares Out 1.29%
Short % of Float 2.68%
Short Ratio (days to cover) 7.78

Income Statement

In the last 12 months, ERIE had revenue of $2.92 billion and earned $316.19 million in profits. Earnings per share was $6.04.

Revenue 2.92B
Gross Profit 402.45M
Operating Income 402.45M
Pretax Income 398.81M
Net Income 316.19M
EBITDA 399.82M
EBIT 399.82M
Earnings Per Share (EPS) $6.04
Full Income Statement

Balance Sheet

Cash & Cash Equivalents 179.85M
Total Debt n/a
Net Cash 179.85M
Net Cash Per Share $3.44
Equity / Book Value 1.49B
Book Value Per Share 28.44
Working Capital 172.51M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $390.63 million and capital expenditures -$70.65 million, giving a free cash flow of $319.98 million.

Operating Cash Flow 390.63M
Capital Expenditures -70.65M
Free Cash Flow 319.98M
FCF Per Share $6.93
Full Cash Flow Statement


Gross margin is 13.78%, with operating and profit margins of 13.78% and 10.83%.

Gross Margin 13.78%
Operating Margin 13.78%
Pretax Margin 13.66%
Profit Margin 10.83%
EBITDA Margin 13.69%
EBIT Margin 13.69%
FCF Margin 10.96%

Dividends & Yields

This stock pays an annual dividend of $4.76, which amounts to a dividend yield of 2.19%.

Dividend Per Share $4.76
Dividend Yield 2.19%
Earnings Yield 2.79%
FCF Yield 2.82%
Dividend Growth (YoY) 7.22%
Payout Ratio 78.81%
Buyback Yield 0.01%
Shareholder Yield 2.20%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 13, 1996. It was a forward split with a ratio of 3:1.

Last Split Date May 13, 1996
Split Type Forward
Split Ratio 3:1