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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Operating Margin
Erie Indemnity Co

17.3%
Current
14%
Average
10.4%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
17.3%
=
Operating Profit
636.2m
/
Revenue
3.7B

Operating Margin Across Competitors

Country US
Market Cap 22.4B USD
Operating Margin
17%
Country US
Market Cap 155.9B USD
Operating Margin
15%
Country CH
Market Cap 114.9B USD
Operating Margin
20%
Country JP
Market Cap 11.1T JPY
Operating Margin
13%
Country US
Market Cap 59.6B USD
Operating Margin
13%
Country US
Market Cap 54B USD
Operating Margin
9%
Country ZA
Market Cap 42.3B Zac
Operating Margin
10%
Country BM
Market Cap 37.5B USD
Operating Margin
34%
Country JP
Market Cap 5.6T JPY
Operating Margin
9%
Country CA
Market Cap 48.5B CAD
Operating Margin
15%
Country CN
Market Cap 248.8B CNY
Operating Margin
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

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
17.3%
=
Operating Profit
636.2m
/
Revenue
3.7B
What is the Operating Margin of Erie Indemnity Co?

Based on Erie Indemnity Co's most recent financial statements, the company has Operating Margin of 17.3%.