Erie Indemnity Company Statistics
Total Valuation
ERIE has a market cap or net worth of $18.19 billion. The enterprise value is $17.92 billion.
| Market Cap | 18.19B |
| Enterprise Value | 17.92B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Jul 9, 2024 |
Share Statistics
ERIE has 46.19 million shares outstanding. The number of shares has increased by 0.01% in one year.
| Shares Outstanding | 46.19M |
| Shares Change (YoY) | +0.01% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 45.52% |
| Owned by Institutions (%) | 37.10% |
| Float | 25.14M |
Valuation Ratios
The trailing PE ratio is 42.58 and the forward PE ratio is 37.37. ERIE's PEG ratio is 3.05.
| PE Ratio | 42.58 |
| Forward PE | 37.37 |
| PS Ratio | 5.34 |
| Forward PS | 4.77 |
| PB Ratio | 10.51 |
| P/FCF Ratio | 55.92 |
| PEG Ratio | 3.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.37, with an EV/FCF ratio of 55.24.
| EV / Earnings | 36.99 |
| EV / Sales | 5.27 |
| EV / EBITDA | 29.37 |
| EV / EBIT | 29.37 |
| EV / FCF | 55.24 |
Financial Position
The company has a current ratio of 1.30, with zero debt.
| Current Ratio | 1.30 |
| Quick Ratio | 1.19 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 29.60% and return on invested capital (ROIC) is 25.23%.
| Return on Equity (ROE) | 29.60% |
| Return on Assets (ROA) | 19.90% |
| Return on Capital (ROIC) | 25.23% |
| Revenue Per Employee | $518,178 |
| Profits Per Employee | $73,882 |
| Employee Count | 6,556 |
| Asset Turnover | 1.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ERIE has paid $125.72 million in taxes.
| Income Tax | 125.72M |
| Effective Tax Rate | 20.61% |
Stock Price Statistics
The stock price has increased by +72.00% in the last 52 weeks. The beta is 0.43, so ERIE's price volatility has been lower than the market average.
| Beta (1Y) | 0.43 |
| 52-Week Price Change | +72.00% |
| 50-Day Moving Average | 395.77 |
| 200-Day Moving Average | 334.18 |
| Relative Strength Index (RSI) | 49.91 |
| Average Volume (30 Days) | 88,030 |
Short Selling Information
The latest short interest is 621,652, so 1.35% of the outstanding shares have been sold short.
| Short Interest | 621,652 |
| Short Previous Month | 679,654 |
| Short % of Shares Out | 1.35% |
| Short % of Float | 2.47% |
| Short Ratio (days to cover) | 10.04 |
Income Statement
In the last 12 months, ERIE had revenue of $3.40 billion and earned $484.37 million in profits. Earnings per share was $9.26.
| Revenue | 3.40B |
| Gross Profit | 548.53M |
| Operating Income | 548.53M |
| Pretax Income | 610.09M |
| Net Income | 484.37M |
| EBITDA | 610.09M |
| EBIT | 610.09M |
| Earnings Per Share (EPS) | $9.26 |
Balance Sheet
The company has $221.57 million in cash and no debt, giving a net cash position of $221.57 million or $4.80 per share.
| Cash & Cash Equivalents | 221.57M |
| Total Debt | n/a |
| Net Cash | 221.57M |
| Net Cash Per Share | $4.80 |
| Equity / Book Value | 1.73B |
| Book Value Per Share | 37.37 |
| Working Capital | 214.26M |
Cash Flow
In the last 12 months, operating cash flow was $420.37 million and capital expenditures -$95.95 million, giving a free cash flow of $324.42 million.
| Operating Cash Flow | 420.37M |
| Capital Expenditures | -95.95M |
| Free Cash Flow | 324.42M |
| FCF Per Share | $7.02 |
Margins
Gross margin is 16.15%, with operating and profit margins of 16.15% and 14.26%.
| Gross Margin | 16.15% |
| Operating Margin | 16.15% |
| Pretax Margin | 17.96% |
| Profit Margin | 14.26% |
| EBITDA Margin | 17.96% |
| EBIT Margin | 17.96% |
| FCF Margin | 9.55% |
Dividends & Yields
This stock pays an annual dividend of $5.10, which amounts to a dividend yield of 1.30%.
| Dividend Per Share | $5.10 |
| Dividend Yield | 1.30% |
| Dividend Growth (YoY) | 7.16% |
| Years of Dividend Growth | 34 |
| Payout Ratio | 55.08% |
| Buyback Yield | -0.01% |
| Shareholder Yield | 1.28% |
| Earnings Yield | 2.67% |
| FCF Yield | 1.79% |
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 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 |
Scores
ERIE has an Altman Z-Score of 16.91 and a Piotroski F-Score of 6.
| Altman Z-Score | 16.91 |
| Piotroski F-Score | 6 |