Erie Indemnity Co (Erie Indemnity Co) Growth Rank : 4 (As of May. 01, 2024)

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What is Erie Indemnity Co Growth Rank?

Erie Indemnity Co has the Growth Rank of 4.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of Erie Indemnity Co's Growth Rank

For the Insurance Brokers subindustry, Erie Indemnity Co's Growth Rank, along with its competitors' market caps and Growth Rank 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 Growth Rank Distribution in the Insurance Industry

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

* The bar in red indicates where Erie Indemnity Co's Growth Rank falls into.

Erie Indemnity Co Growth Rank Related Terms

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Erie Indemnity Co (Erie Indemnity Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (NAS:ERIE) » Definitions » Growth Rank

Comparable Companies

Traded in Other Exchanges

EI2:Germany

Address

100 Erie Insurance Place, Erie, PA, USA, 16530

Website

https://www.erieinsurance.com

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