Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and adm… Read more
Erie Indemnity Company (ERIE) - Total Assets
Latest total assets as of September 2025: $3.32 Billion USD
Based on the latest financial reports, Erie Indemnity Company (ERIE) holds total assets worth $3.32 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Erie Indemnity Company - Total Assets Trend (1993–2024)
This chart illustrates how Erie Indemnity Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Erie Indemnity Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Erie Indemnity Company's total assets of $3.32 Billion consist of 39.6% current assets and 60.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.5% |
| Accounts Receivable | $718.13 Million | 24.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Erie Indemnity Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Erie Indemnity Company's current assets represent 39.6% of total assets in 2024, an increase from 0.3% in 1993.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, up from 0.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 24.9% of total assets.
Erie Indemnity Company Competitors by Total Assets
Key competitors of Erie Indemnity Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Steadfast Group Limited
F:1S6
|
Germany | €6.43 Billion |
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
Taiwan | NT$753.08 Million |
|
Golden Insurance Brokers Co.,Ltd.
TWO:6028
|
Taiwan | NT$1.43 Billion |
|
Fanhua Inc.
NASDAQ:AIFU
|
USA | $3.25 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
USA | $70.67 Billion |
|
Aon PLC
NYSE:AON
|
USA | $50.78 Billion |
|
Accelerant Holdings
NYSE:ARX
|
USA | $7.86 Billion |
|
ASN Broker Public Company Limited
BK:ASN
|
Thailand | ฿554.49 Million |
Erie Indemnity Company - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Erie Indemnity Company generates 1.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Erie Indemnity Company generates $ 20.78 in net profit.
Erie Indemnity Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.67 | 1.36 | 1.17 |
| Quick Ratio | 1.67 | 1.36 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $600.33 Million | $ 290.42 Million | $ 104.63 Million |
Erie Indemnity Company - Advanced Valuation Insights
This section examines the relationship between Erie Indemnity Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.10 |
| Latest Market Cap to Assets Ratio | 2.12 |
| Asset Growth Rate (YoY) | 16.9% |
| Total Assets | $2.89 Billion |
| Market Capitalization | $6.13 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Erie Indemnity Company's assets at a significant premium ( 2.12x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Erie Indemnity Company's assets grew by 16.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Erie Indemnity Company (1993–2024)
The table below shows the annual total assets of Erie Indemnity Company from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.89 Billion | +16.86% |
| 2023-12-31 | $2.47 Billion | +10.38% |
| 2022-12-31 | $2.24 Billion | -0.12% |
| 2021-12-31 | $2.24 Billion | +5.90% |
| 2020-12-31 | $2.12 Billion | +5.00% |
| 2019-12-31 | $2.02 Billion | +13.38% |
| 2018-12-31 | $1.78 Billion | +6.75% |
| 2017-12-31 | $1.67 Billion | +7.55% |
| 2016-12-31 | $1.55 Billion | +10.07% |
| 2015-12-31 | $1.41 Billion | -92.08% |
| 2014-12-31 | $17.76 Billion | +6.49% |
| 2013-12-31 | $16.68 Billion | +8.00% |
| 2012-12-31 | $15.44 Billion | +7.62% |
| 2011-12-31 | $14.35 Billion | +0.03% |
| 2010-12-31 | $14.34 Billion | +7.96% |
| 2009-12-31 | $13.29 Billion | +408.42% |
| 2008-12-31 | $2.61 Billion | -10.31% |
| 2007-12-31 | $2.91 Billion | -4.13% |
| 2006-12-31 | $3.04 Billion | -2.00% |
| 2005-12-31 | $3.10 Billion | +3.97% |
| 2004-12-31 | $2.98 Billion | +8.28% |
| 2003-12-31 | $2.75 Billion | +16.84% |
| 2002-12-31 | $2.36 Billion | +18.81% |
| 2001-12-31 | $1.98 Billion | +18.08% |
| 2000-12-31 | $1.68 Billion | +10.65% |
| 1999-12-31 | $1.52 Billion | +4.50% |
| 1998-12-31 | $1.45 Billion | +12.45% |
| 1997-12-31 | $1.29 Billion | +12.33% |
| 1996-12-31 | $1.15 Billion | +12.54% |
| 1995-12-31 | $1.02 Billion | +17.59% |
| 1994-12-31 | $869.50 Million | +6.40% |
| 1993-12-31 | $817.20 Million | -- |