Erie Indemnity Company (ERIE) — Free Cash Flow Yield
Financial Services
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 that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
| Metric | Value |
|---|---|
| FCF Yield | 4.3% |
| Financial Services Sector Avg FCF Yield | 6.6% |
| Annual Free Cash Flow | $571M |
| Market Cap | $13.4B |
| P/E Ratio | 23.3x |
Erie Indemnity Company's FCF yield of 4.3% is below the Financial Services sector average (6.6%).
Frequently Asked Questions
What is Erie Indemnity Company's (ERIE) free cash flow yield?
Erie Indemnity Company's (ERIE) free cash flow yield is 4.3%. That is below the Financial Services sector average (6.6%).
Is ERIE's free cash flow yield good?
At 4.3%, ERIE's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Erie Indemnity Company generate?
Erie Indemnity Company generated $571M in free cash flow, against a market cap of $13.4B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →