RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Erie Indemnity Stock

Erie Indemnity ROCE 2024

Erie Indemnity ROCE

0.31

Ticker

ERIE

ISIN

US29530P1021

WKN

919562

In 2024, Erie Indemnity's return on capital employed (ROCE) was 0.31, a 20.43% increase from the 0.26 ROCE in the previous year.

Erie Indemnity Aktienanalyse

What does Erie Indemnity do?

The Erie Indemnity Company is an American insurance company based in Erie, Pennsylvania. Founded in 1925 by H.O. Hirt and O.G. Crawford, the company employs over 5,000 employees and is one of the largest providers of auto insurance in the United States. Erie Indemnity is an insurance organization where policyholders themselves are the owners of the company. The company focuses on providing the best advice and building long-term customer relationships. They offer a variety of insurance products, such as auto, home, and life insurance, and prioritize individualized consultation and tailored coverage. Erie Indemnity is proud of its high customer satisfaction ratings and regularly earns top rankings in independent studies. In addition to traditional insurance products, the company also provides innovative services, such as free accident claims processing and exclusive driver safety training. Employee training and development are also key priorities, ensuring staff are up to date on industry advancements and legislation to provide optimal service. Erie Indemnity has expanded its business to new markets, offering insurance for small and medium-sized businesses and dabbling in cybersecurity. In summary, Erie Indemnity is a successful and innovative insurance company that prioritizes customer orientation and personalized consultation. The company will continue to pursue its path and meet the challenges of the industry in the future. Erie Indemnity ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Erie Indemnity's Return on Capital Employed (ROCE)

Erie Indemnity's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Erie Indemnity's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Erie Indemnity's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Erie Indemnity’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Erie Indemnity stock

What is the ROCE (Return on Capital Employed) of Erie Indemnity this year?

The ROCE of Erie Indemnity is 0.31 undefined this year.

How has the ROCE (Return on Capital Employed) of Erie Indemnity developed compared to the previous year?

The ROCE of Erie Indemnity has increased by 20.43% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Erie Indemnity?

A high Return on Capital Employed (ROCE) indicates that Erie Indemnity has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Erie Indemnity?

A low ROCE (Return on Capital Employed) can indicate that Erie Indemnity has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Erie Indemnity impact the company?

An increase in the ROCE of Erie Indemnity can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Erie Indemnity affect the company?

A decrease in ROCE of Erie Indemnity can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Erie Indemnity?

Some factors that can affect Erie Indemnity's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Erie Indemnity so important for investors?

The ROCE of Erie Indemnity is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Erie Indemnity take to improve the ROCE?

To improve the ROCE, Erie Indemnity can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Erie Indemnity pay?

Over the past 12 months, Erie Indemnity paid a dividend of 4.76 USD . This corresponds to a dividend yield of about 0.91 %. For the coming 12 months, Erie Indemnity is expected to pay a dividend of 4.86 USD.

What is the dividend yield of Erie Indemnity?

The current dividend yield of Erie Indemnity is 0.91 %.

When does Erie Indemnity pay dividends?

Erie Indemnity pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Erie Indemnity?

Erie Indemnity paid dividends every year for the past 35 years.

What is the dividend of Erie Indemnity?

For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 0.93 %.

In which sector is Erie Indemnity located?

Erie Indemnity is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Erie Indemnity kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Erie Indemnity from 10/22/2024 amounting to 1.275 USD, you needed to have the stock in your portfolio before the ex-date on 10/7/2024.

When did Erie Indemnity pay the last dividend?

The last dividend was paid out on 10/22/2024.

What was the dividend of Erie Indemnity in the year 2023?

In the year 2023, Erie Indemnity distributed 4.44 USD as dividends.

In which currency does Erie Indemnity pay out the dividend?

The dividends of Erie Indemnity are distributed in USD.

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Andere Kennzahlen von Erie Indemnity

Our stock analysis for Erie Indemnity Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Erie Indemnity Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.