Skip to content
OpenCapital
Get started

Erie Indemnity Company ERIE Interest coverage

Interest coverage at other companies

Progressive logo
ProgressivePGR
52.5×+12.7×
Allstate logo
AllstateALL
34×+18.6×
W.R. Berkley logo
W.R. BerkleyWRB
19.6×+1.0×
American International Group logo
American International GroupAIG
10.7×+1.1×
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
-0.6×-1.5×
ExlService Holdings logo
ExlService HoldingsEXLS
18.8×+4.8×

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$12B-34.8%
P/E21×-9.0×
P/S2.9×-1.8×

Profitability

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

Returns & leverage

See full
Return on equity25.8%-6.5pp
Debt / equity0×0.0×
Current ratio1.3×-0.1×

Where this comes from

Calculated from Erie Indemnity Company’s reported figures.

ebit/interest expense=3,761.8×

Based on trailing twelve months.

The official record: Erie Indemnity Company’s 10-Q, filed July 25, 2024, on SEC EDGAR. View the filing →

Ask your AI about Erie Indemnity Company's interest coverage.

Connect your AI assistant and see it in context, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Erie Indemnity Company's interest coverage?
Erie Indemnity Company (ERIE) reported interest coverage of 3,761.8× in Q2 2023.
How has Erie Indemnity Company's interest coverage changed year-over-year?
Erie Indemnity Company's interest coverage increased by 4234.4% year-over-year, from 86.8× to 3,761.8×.
What is the long-term trend for Erie Indemnity Company's interest coverage?
Over 2 years (2020 to 2022), Erie Indemnity Company's interest coverage has grown at a -36.4% compound annual growth rate (CAGR), from 462.6× to 187.3×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.