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Erie Indemnity Co (Erie Indemnity Co) Earnings per Share (Diluted) : $9.26 (TTM As of Mar. 2024)


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What is Erie Indemnity Co Earnings per Share (Diluted)?

Erie Indemnity Co's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $2.38. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $9.26.

Erie Indemnity Co's EPS (Basic) for the three months ended in Mar. 2024 was $2.67. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $10.39.

Erie Indemnity Co's EPS without NRI for the three months ended in Mar. 2024 was $2.38. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $9.26.

During the past 12 months, Erie Indemnity Co's average EPS without NRIGrowth Rate was 53.30% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 15.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 5.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 9.70% per year.

During the past 13 years, Erie Indemnity Co's highest 3-Year average EPS without NRI Growth Rate was 71.40% per year. The lowest was -29.10% per year. And the median was 9.55% per year.


Erie Indemnity Co Earnings per Share (Diluted) Historical Data

The historical data trend for Erie Indemnity Co's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Erie Indemnity Co Earnings per Share (Diluted) Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 5.61 5.69 5.71 8.53

Erie Indemnity Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 2.25 2.51 2.12 2.38

Competitive Comparison of Erie Indemnity Co's Earnings per Share (Diluted)

For the Insurance Brokers subindustry, Erie Indemnity Co's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Erie Indemnity Co's PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Erie Indemnity Co's PE Ratio distribution charts can be found below:

* The bar in red indicates where Erie Indemnity Co's PE Ratio falls into.



Erie Indemnity Co Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Erie Indemnity Co's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(446.061-0)/52.299
=8.53

Erie Indemnity Co's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(124.552-0)/58.403
=2.13

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Erie Indemnity Co  (NAS:ERIE) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Erie Indemnity Co Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Erie Indemnity Co's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Erie Indemnity Co (Erie Indemnity Co) Business Description

Traded in Other Exchanges
Address
100 Erie Insurance Place, Erie, PA, USA, 16530
Erie Indemnity Co primarily performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
Executives
Marc Cipriani officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Sean Dugan officer: Executive Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Parthasarathy Srinivasa officer: EVP, Chief Information Officer 100 ERIE INSURANCE PLACE, ERIE PA 16530
Jorie L Novacek officer: SVP, Controller 100 ERIE INSURANCE PLACE, ERIE PA 16530
Thomas B Hagen director 230 WEST 6TH STREET, ERIE PA 16507-1319
Eugene C Connell director 785 HUNTINGTON DRIVE, ERIE PA 16505
Elizabeth A Vorsheck director, 10 percent owner 6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613
Brian W. Bolash officer: SVP,Secretary,General Counsel 100 ERIE INSURANCE PLACE, ERIE PA 16530
Borneman J Ralph Jr director NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Louis F Colaizzo officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Salvatore Correnti director 8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093
Timothy G Necastro officer: President & CEO, Designate 100 ERIE INSURANCE PL, ERIE PA 16530
Luann Datesh director 333 OAK FOREST DRIVE, PITTSBURGH PA 15216
Robert C Wilburn director 110 WASHINGTON AVENUE #1711, MIAMI BEACH FL 33139