Erie Indemnity ERIE
United StatesFinancial Services · Insurance BrokersUSD
0.00 USD (−100.0%)
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Erie Indemnity Company is an insurer that acts as underwriter and brokerage agent for the Erie group of companies, specializing in property, casualty, and life insurance for customers in several U.S. states.
Key points
from its scores- ✓Very solid balance sheet9.6
- ✓Favourable backdrop8.9
- ✓Attractive dividend7.1
- ✕Poor share-price trend2.5
- ✕Demanding valuation3.3
AI analysis
bottom line, main risk, context and newsErie is a high-quality insurer with solid fundamentals, but its limited growth and weak momentum suggest waiting for a better entry point.
Erie Indemnity shows excellent financial health (ROE 24.81%, ROA 14.15%) and solid operating margins (19.10%), although its growth is moderate (revenue +2.80%) and its momentum is weak (12-1: -23.18%). Valuation is reasonable (P/E 19.74) and the dividend is well covered (payout 52.15%).
The main risk is geographic and business concentration: Erie relies heavily on the property and casualty insurance market in Pennsylvania and neighboring states, exposing it to catastrophic events and competition from larger national insurers.
Context and risks
Erie Indemnity is a subscription and brokerage insurer with a stable business model and low exposure to current macro factors. Its business does not depend on commodities, shipping routes, or the interest rate cycle in a material way, and there are no recent news items that alter its risk profile.
Is Erie Indemnity stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 97% above the Financial Services median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 19.7 | 13.7 | +44% |
| EV / EBITDA | 13.3 | 10.1 | +33% |
| Price / book | 4.6 | 1.9 | +149% |
| Price / sales | 2.8 | 3.5 | −20% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.3 out of 10 (median for Financial Services: 5.2).
Average analyst target: 0.00 USD, −100.0% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 6.6 (sector 8.8), Growth 5.0 (sector 6.9).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- P/E
- 19.7
- Forward P/E
- 15.5
- EV / EBITDA
- 13.3
- Price / book
- 4.6
- Price / sales
- 2.8
- PEG
- 2.67
- Market cap
- 11.4B USD
- Enterprise value
- 11.1B USD
Profitability
- ROE
- 24.8%
- ROA
- 14.1%
- ROIC (approx.)
- 31.1%
- Gross margin
- 17.9%
- Operating margin
- 19.1%
- Net margin
- 14.0%
- Free cash flow
- 481.2M USD
- FCF yield
- 4.2%
- Cash conversion
- 58%
Solvency
- Total debt
- 63.2M USD
- Net debt
- −241.9M USD
- Cash
- 305.0M USD
- EBITDA
- 835.0M USD
- Net debt / EBITDA
- −0.29
- Debt / equity
- 2.56
- Current ratio
- 1.25
- Quick ratio
- 1.11
Growth
- Revenue growth
- +2.8%
- Earnings growth
- +3.2%
- EPS (TTM)
- 11.03 USD
- EPS (forward)
- 14.01 USD
Dividend
- Dividend yield
- 2.7%
- Payout
- 52.1%
Risk and market
- Beta
- 0.33
- Analyst consensus
- none (0)
- Target price
- 0.00 USD
- 52-week range
- 204.63 – 330.54
Recent news
All ERIE news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Erie Indemnity
Is Erie Indemnity stock cheap or expensive?
On P/E and Price / book, it trades 97% above the Financial Services median on average. Valuation score: 3.3 out of 10 (median for Financial Services: 5.2). Average analyst target: 0.00 USD, −100.0% versus the price. This is not investment advice.
What score does Erie Indemnity get on MeridIAn Screener?
It scores 6.5 out of 10, rank 525 of 2,130 (better than 72% of the companies analysed). Its strongest category is Financial health (9.6) and its weakest, Momentum (2.5). Analysis of 08/10/2026.
What is Erie Indemnity's P/E ratio?
Its P/E is 19.7: the share price equals 19.7 times earnings per share over the last 12 months. The Financial Services median is 13.7. Based on the earnings analysts expect, the forward P/E is 15.5.
How much is Erie Indemnity worth on the stock market?
Its market capitalisation is 11.4B USD.
Does Erie Indemnity pay a dividend?
Yes: its dividend yield is 2.69% and it pays out 52% of its earnings.
How has Erie Indemnity stock performed over the last year?
It has fallen 31.3% over the last year, excluding dividends. Over the last 52 weeks it has traded between 204.63 and 330.54 USD. Past performance does not guarantee future results.