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
Pre-Tax Income

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
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Erie Indemnity Co
NASDAQ:ERIE
Pre-Tax Income
$705.4m
CAGR 3-Years
22%
CAGR 5-Years
12%
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Pre-Tax Income
$5.6B
CAGR 3-Years
8%
CAGR 5-Years
15%
CAGR 10-Years
1%
Allstate Corp
NYSE:ALL
Pre-Tax Income
$5.1B
CAGR 3-Years
-13%
CAGR 5-Years
10%
CAGR 10-Years
2%
Progressive Corp
NYSE:PGR
Pre-Tax Income
$10.2B
CAGR 3-Years
26%
CAGR 5-Years
20%
CAGR 10-Years
19%
Cincinnati Financial Corp
NASDAQ:CINF
Pre-Tax Income
$3.9B
CAGR 3-Years
7%
CAGR 5-Years
28%
CAGR 10-Years
19%
W R Berkley Corp
NYSE:WRB
Pre-Tax Income
$2B
CAGR 3-Years
15%
CAGR 5-Years
19%
CAGR 10-Years
8%
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 Pre-Tax Income?
Pre-Tax Income
705.4m USD

Based on the financial report for Sep 30, 2024, Erie Indemnity Co's Pre-Tax Income amounts to 705.4m USD.

What is Erie Indemnity Co's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
12%

Over the last year, the Pre-Tax Income growth was 40%. The average annual Pre-Tax Income growth rates for Erie Indemnity Co have been 22% over the past three years , 12% over the past five years .

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