Erie Indemnity Co
NASDAQ:ERIE

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Erie Indemnity Co
NASDAQ:ERIE
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Price: 428.5 USD 0.82% Market Closed
Market Cap: 22.4B USD
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Erie Indemnity Co
Change in Working Capital

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Erie Indemnity Co
Change in Working Capital Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Working Capital CAGR 3Y CAGR 5Y CAGR 10Y
Erie Indemnity Co
NASDAQ:ERIE
Change in Working Capital
$726.1m
CAGR 3-Years
17%
CAGR 5-Years
12%
CAGR 10-Years
24%
Travelers Companies Inc
NYSE:TRV
Change in Working Capital
-$2.6B
CAGR 3-Years
-31%
CAGR 5-Years
1%
CAGR 10-Years
4%
Allstate Corp
NYSE:ALL
Change in Working Capital
$3.6B
CAGR 3-Years
N/A
CAGR 5-Years
25%
CAGR 10-Years
45%
Progressive Corp
NYSE:PGR
Change in Working Capital
$6B
CAGR 3-Years
12%
CAGR 5-Years
18%
CAGR 10-Years
33%
Cincinnati Financial Corp
NASDAQ:CINF
Change in Working Capital
-$1.1B
CAGR 3-Years
3%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
W R Berkley Corp
NYSE:WRB
Change in Working Capital
$2.2B
CAGR 3-Years
28%
CAGR 5-Years
48%
CAGR 10-Years
44%
No Stocks Found

Erie Indemnity Co
Glance View

Market Cap
22.4B USD
Industry
Insurance

Erie Indemnity Company, established in 1925, stands as a prominent figure in the insurance industry, primarily known for its unique role as the management company for the Erie Insurance Group. Based in Erie, Pennsylvania, the company operates on a distinct model where it provides essential administrative services and earns fees for these services rather than directly underwriting insurance policies. This strategic positioning allows Erie Indemnity to enjoy a stable revenue stream, significantly insulated from the volatility often associated with traditional insurance underwriting. The company sustains a strong reputation for its customer-centric approach, earning trust through consistent service excellence and a focus on long-term growth, ultimately feeding into its commitment to enhancing shareholder value. As an investor, being drawn to Erie Indemnity means recognizing its solid financial fundamentals and impressive track record of profitability. The company has demonstrated resilience throughout fluctuating market cycles, driven by its prudent risk management practices and diversified service offerings. With a consistent tendency to return capital to shareholders via dividends, Erie Indemnity not only showcases its commitment to value creation but also presents an attractive proposition for investors seeking income and stability. Furthermore, as the insurance landscape continues to evolve, the company’s established presence and innovative service delivery model position it favorably to capitalize on new market opportunities, ensuring its long-term relevance and growth in an ever-changing environment.

ERIE Intrinsic Value
211.39 USD
Overvaluation 51%
Intrinsic Value
Price

See Also

What is Erie Indemnity Co's Change in Working Capital?
Change in Working Capital
726.1m USD

Based on the financial report for Sep 30, 2024, Erie Indemnity Co's Change in Working Capital amounts to 726.1m USD.

What is Erie Indemnity Co's Change in Working Capital growth rate?
Change in Working Capital CAGR 10Y
24%

Over the last year, the Change in Working Capital growth was 61%. The average annual Change in Working Capital growth rates for Erie Indemnity Co have been 17% over the past three years , 12% over the past five years , and 24% over the past ten years .

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