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Discontinued — last reported Q2 '22

Debt-to-equity at other companies

Progressive logo
ProgressivePGR
0.3×0.0×
Allstate logo
AllstateALL
0.2×-0.1×
American Financial Group logo
American Financial GroupAFG
0.4×0.0×
SEI Investments logo
SEI InvestmentsSEIC
0.0×
W.R. Berkley logo
W.R. BerkleyWRB
0.0×
BEN
Franklin ResourcesBEN
0.3×0.0×

Other financials

Income statement

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Revenue$1.0B+2.3%
Operating income$166.8M+10.2%
Net income$150.5M+8.7%
EPS (diluted)$2.88+8.7%

Balance sheet

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Cash & equivalents$268.6M+3.2%
Total debt$40.0M-57.8%
Total equity$2.4B+13.8%
Total assets$3.4B+13.8%

Cash flow

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Operating cash flow$91.9M-22.2%
CapEx$37.4M+26.1%
Free cash flow$54.5M-38.4%

Valuation

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Market cap$11.56B-40.0%
P/E20.2×-11.2×
P/S2.8×-2.1×

Profitability

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Operating margin17.9%+0.3pp
Net margin14%-1.8pp
FCF margin13.1%+0.1pp

Returns & leverage

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Return on equity25.8%-6.5pp
Current ratio1.3×-0.1×

Where this comes from

Calculated from Erie Indemnity Company’s reported figures.

Based on the most recent quarter.

The official record: Erie Indemnity Company’s 10-Q, filed July 27, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Erie Indemnity Company's debt-to-equity?
Erie Indemnity Company (ERIE) reported debt-to-equity of 0× in Q2 2022.
How has Erie Indemnity Company's debt-to-equity changed year-over-year?
Erie Indemnity Company's debt-to-equity decreased by 60.8% year-over-year, from 0.1× to 0×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.