Tearsheet

Erie Indemnity (ERIE)

Market Price (4/9/2026): $253.0 | Market Cap: $11.7 Bil
Sector: Financials | Industry: Insurance Brokers

Erie Indemnity (ERIE)

Market Price (4/9/2026): $253.0
Market Cap: $11.7 Bil
Sector: Financials
Industry: Insurance Brokers

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%

Low stock price volatility
Vol 12M is 32%

Megatrend and thematic drivers
Megatrends include Insurtech & AI in Insurance. Themes include AI for Fraud Detection, Digital Claims Processing, and AI for Underwriting & Risk Assessment.

Weak multi-year price returns
2Y Excs Rtn is -64%, 3Y Excs Rtn is -50%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.43

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -1.4%

Key risks
ERIE key risks include [1] a potential reduction of its 25% management fee due to the diminishing surplus and operating losses at its sole customer, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%
1	Low stock price volatility Vol 12M is 32%
2	Megatrend and thematic drivers Megatrends include Insurtech & AI in Insurance. Themes include AI for Fraud Detection, Digital Claims Processing, and AI for Underwriting & Risk Assessment.
3	Weak multi-year price returns 2Y Excs Rtn is -64%, 3Y Excs Rtn is -50%
4	Meaningful short interest Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.43
5	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -1.4%
6	Key risks ERIE key risks include [1] a potential reduction of its 25% management fee due to the diminishing surplus and operating losses at its sole customer, Show more.

Valuation, Metrics & Events

	4/9/26	2025	2024	2023	2022
Share Price CYE	$253.00	$419.05	$401.57	$231.66	$176.13
Market Cap CYE ($ Bil)	11.7	21.9	21.0	12.1	9.2
Total Debt ($ Bil)	0.0	0.0	0.0	0.0	0.1
Total Cash ($ Bil)	0.3	0.2	0.1	0.1	0.1
Enterprise Value ($ Bil)	11.4	21.9	21.0	12.1	9.3
Valuation Ratios
P/S TTM	2.8	5.5	6.1	3.9	3.4
P/EBIT TTM	-	-	-	30.3	24.6
P/E TTM	20.9	35.7	43.4	38.3	31.4
P/FCF TTM	-	-	-	-	-
Sector Ratios
P/S TTM (Sector)	3.1	2.9	2.7	2.4	3.3
P/EBIT TTM (Sector)	6.6	8.2	7.4	7.3	7.0
P/E TTM (Sector)	11.1	11.2	9.9	8.3	9.9
P/FCF TTM (Sector)	8.5	8.4	7.6	6.0	7.6

	4/9/26	2025	2024
Share Price CYE	$253.00	$419.05	$401.57
Market Cap CYE ($ Bil)	11.7	21.9	21.0
Total Debt ($ Bil)	0.0	0.0	0.0
Total Cash ($ Bil)	0.3	0.2	0.1
Enterprise Value ($ Bil)	11.4	21.9	21.0
Valuation Ratios
P/S TTM	2.8	5.5	6.1
P/EBIT TTM	-	-	-
P/E TTM	20.9	35.7	43.4
P/FCF TTM	-	-	-
Sector Ratios
P/S TTM (Sector)	3.1	2.9	2.7
P/EBIT TTM (Sector)	6.6	8.2	7.4
P/E TTM (Sector)	11.1	11.2	9.9
P/FCF TTM (Sector)	8.5	8.4	7.6

	ERIE	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	4.1
Rev Chg Q	-1.4%	7.4%
Rev Chg LTM	7.4%	6.8%
Rev Chg 3Y Avg	13.4%	5.7%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	�
CFO LTM ($ Bil)	�
Net Inc LTM ($ Bil)	0.6
Net Inc Mgn	13.5%	12.8%
VALUATION	MODERATE
P/S	2.8	3.2
P/E	20.9	23.9

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Metric	Value	Date	Source
Direct Written Premium Growth (Year-to-Date)	10.1%	9302025	Link
Average Premium Per Policy Increase	10.7%	9302025	Link
Policy Retention Rate	89.1%	9302025	Link
Policies in Force Growth	0.2%	9302025	Link
Policyholder Surplus	$9.6 billion	9302025	Link
Policies in Force	7.1 million	12312024	Link
Number of Employees	6,800	12312024	Link
Number of independent insurance agencies	more than 2,200	2132023	Link
Number of licensed independent insurance agents	more than 13,000	2132023	Link

Upcoming
4/07/2026	Dividend	Amount: $1.46 Payment On: 4/21/2026
4/23/2026	Earnings Release	Rev: $1.0 Bil (E) EPS: $3.06 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Erie Indemnity (ERIE) stock has lost about 10% since 12/31/2025 because of the following key factors:

1. Weaker-than-expected Fourth Quarter 2025 Financial Results.

Erie Indemnity's stock experienced a decline after the company reported its fourth-quarter 2025 results on February 23, 2026. The company's total operating revenue of $951 million missed Wall Street estimates, and adjusted earnings of $1.21 per share also fell below consensus forecasts, indicating unexpected margin or cost pressures during the quarter. This dual miss on both revenue and earnings prompted a negative market reaction, with shares falling 3.4% on the day of the announcement.

2. Announcement of CEO Retirement.

Further uncertainty was introduced with the announcement that CEO Timothy NeCastro plans to retire on December 31, 2026. This leadership transition adds a layer of concern for investors regarding future company direction and stability.

Show more

Stock Movement Drivers

Fundamental Drivers

The -10.6% change in ERIE stock from 12/31/2025 to 4/8/2026 was primarily driven by a -13.6% change in the company's Net Income Margin (%).

(LTM values as of)	12312025	4082026	Change
Stock Price ($)	283.52	253.38	-10.6%
Change Contribution By:
Total Revenues ($ Mil)	4,153	4,149	-0.1%
Net Income Margin (%)	15.6%	13.5%	-13.6%
P/E Multiple	20.2	20.9	3.5%
Shares Outstanding (Mil)	46	46	0.0%
Cumulative Contribution			-10.6%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/8/2026

	Return	Correlation
ERIE	-10.6%
Market (SPY)	-5.4%	-5.2%
Sector (XLF)	-6.5%	35.8%

Fundamental Drivers

The -19.1% change in ERIE stock from 9/30/2025 to 4/8/2026 was primarily driven by a -12.1% change in the company's Net Income Margin (%).

(LTM values as of)	9302025	4082026	Change
Stock Price ($)	313.34	253.38	-19.1%
Change Contribution By:
Total Revenues ($ Mil)	4,076	4,149	1.8%
Net Income Margin (%)	15.3%	13.5%	-12.1%
P/E Multiple	23.2	20.9	-9.6%
Shares Outstanding (Mil)	46	46	0.0%
Cumulative Contribution			-19.1%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/8/2026

	Return	Correlation
ERIE	-19.1%
Market (SPY)	-2.9%	-13.4%
Sector (XLF)	-4.6%	29.9%

Fundamental Drivers

The -38.1% change in ERIE stock from 3/31/2025 to 4/8/2026 was primarily driven by a -33.6% change in the company's P/E Multiple.

(LTM values as of)	3312025	4082026	Change
Stock Price ($)	409.64	253.38	-38.1%
Change Contribution By:
Total Revenues ($ Mil)	3,862	4,149	7.4%
Net Income Margin (%)	15.5%	13.5%	-13.3%
P/E Multiple	31.5	20.9	-33.6%
Shares Outstanding (Mil)	46	46	0.0%
Cumulative Contribution			-38.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/8/2026

	Return	Correlation
ERIE	-38.1%
Market (SPY)	16.3%	19.0%
Sector (XLF)	3.8%	40.3%

Fundamental Drivers

The 15.4% change in ERIE stock from 3/31/2023 to 4/8/2026 was primarily driven by a 45.5% change in the company's Total Revenues ($ Mil).

(LTM values as of)	3312023	4082026	Change
Stock Price ($)	219.52	253.38	15.4%
Change Contribution By:
Total Revenues ($ Mil)	2,851	4,149	45.5%
Net Income Margin (%)	10.5%	13.5%	28.7%
P/E Multiple	34.0	20.9	-38.4%
Shares Outstanding (Mil)	46	46	0.0%
Cumulative Contribution			15.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/8/2026

	Return	Correlation
ERIE	15.4%
Market (SPY)	63.3%	17.3%
Sector (XLF)	66.3%	34.1%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
ERIE Return	-20%	32%	37%	25%	-29%	-12%	12%
Peers Return	24%	-7%	3%	17%	-4%	-14%	16%
S&P 500 Return	27%	-19%	24%	23%	16%	-3%	76%
Monthly Win Rates [3]
ERIE Win Rate	25%	67%	42%	42%	25%	0%
Peers Win Rate	65%	33%	40%	56%	44%	25%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
ERIE Max Drawdown	-30%	-16%	-18%	-2%	-32%	-17%
Peers Max Drawdown	-9%	-21%	-8%	-1%	-14%	-23%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-7%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: WTW, NP, EZRA, MRSH, AON.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/8/2026 (YTD)

How Low Can It Go

Unique Key	Event	ERIE	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-38.5%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	62.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	188 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-20.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	25.9%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	5 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-38.3%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	62.1%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	1,053 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-53.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	114.6%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	615 days	1,480 days

Compare to WTW, NP, EZRA, MRSH, AON

In The Past

Erie Indemnity's stock fell -38.5% during the 2022 Inflation Shock from a high on 2/9/2021. A -38.5% loss requires a 62.6% gain to breakeven.

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About Erie Indemnity (ERIE)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.

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1. The ADP for insurance company operations.

2. A Conduent for an insurance exchange.

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Managing Attorney-in-Fact Services: Oversees and manages the operations and affairs for the subscribers at the Erie Insurance Exchange.
Sales & Marketing Support Services: Provides agent compensation, sales, and advertising support services for insurance product distribution.
Underwriting & Policy Processing Services: Manages the underwriting process and policy issuance and renewal for insurance policies.
Customer & Administrative Support Services: Offers customer service and general administrative support for the insurance exchange's operations.
Information Technology Services: Provides information technology infrastructure and support crucial for the exchange's operations.

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Erie Indemnity (ERIE) primarily sells its services to **Erie Insurance Exchange**.

Erie Indemnity operates as the managing attorney-in-fact for the subscribers at the Erie Insurance Exchange. In this capacity, Erie Indemnity provides a comprehensive suite of services to the Exchange, including sales, underwriting, policy issuance, renewal services, agent compensation, sales and advertising support, underwriting and policy processing, customer services, administrative support, and information technology services. The Erie Insurance Exchange is not a publicly traded company and therefore does not have a stock symbol.

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Timothy G. Necastro, President and Chief Executive Officer

Timothy G. Necastro has served as the President and Chief Executive Officer of Erie Indemnity since August 2016. He is scheduled to retire on December 31, 2026, marking the end of a 30-year career with the company, including a decade as CEO. Prior to his current role, Mr. Necastro held positions as President, CEO, and Director at Erie Family Life Insurance Co., Erie Insurance Co., and Erie Insurance Exchange (Investment Portfolio). He also worked as Finance Director at Plastek Group and as Senior Manager at Ernst & Young LLP. He earned his undergraduate degree from Gannon University.

Julie Marie Pelkowski, Executive Vice President and Chief Financial Officer

Julie Marie Pelkowski was appointed Executive Vice President and Chief Financial Officer, effective May 1, 2023, succeeding Greg Gutting. She joined Erie in 1998 as an internal auditor. Before her role as CFO, she served as Senior Vice President and Controller and was a co-lead for Erie's Destination 2025 corporate strategy program. Her career at Erie also includes positions as Financial Reporting Supervisor and Vice President, Financial Reporting. Ms. Pelkowski began her financial career in 1991 with Deloitte & Touche. She is a Certified Public Accountant (CPA) and holds a bachelor's degree in accounting from Clarion University of Pennsylvania.

Parthasarathy Srinivasa, Executive Vice President and Chief Information Officer

Parthasarathy Srinivasa is the Executive Vice President and Chief Information Officer of Erie Indemnity.

Douglas E. Smith, Executive Vice President, Sales and Products

Douglas E. Smith serves as the Executive Vice President, Sales and Products for Erie Indemnity.

Sean D. Dugan, Executive Vice President, Human Resources and Corporate Services

Sean D. Dugan is the Executive Vice President, Human Resources and Corporate Services. He was promoted to this role in December 2022.

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The key risks to Erie Indemnity (ERIE) primarily stem from its unique business model as a managing attorney-in-fact for the Erie Insurance Exchange.

Heavy Dependence on Erie Insurance Exchange: Erie Indemnity's business model is fundamentally tied to the performance and growth of the Erie Insurance Exchange, which serves as its sole customer and primary source of revenue. The company earns management fees based on premiums written by the Exchange. Consequently, any adverse impact on the Exchange's growth, financial condition, underwriting appetite, product strategy, or ability to renew policies could significantly affect Erie Indemnity's financial results. This dependence limits Erie Indemnity's strategic flexibility and creates a concentration of business risk.
Potential for Reduction in Management Fees and Related Litigation: The sustainability of the management fees Erie Indemnity charges the Exchange is a significant concern. Historically, the management fee can be up to 25% of premiums, and there have been instances where the fee was reduced. The Exchange's financial performance, particularly its underwriting losses and diminishing surplus, could lead to pressure to reduce these fees. Furthermore, Erie Indemnity has faced policyholder lawsuits challenging its management fee practices and alleging breaches of fiduciary duty, highlighting ongoing scrutiny of this revenue stream. A reduction in the management fee rate would directly impact Erie Indemnity's profitability.
Competitive Market Landscape and Macroeconomic Headwinds Affecting the Exchange: While Erie Indemnity itself does not directly compete as a traditional insurer, the Erie Insurance Exchange operates in a highly competitive property and casualty insurance market. The Exchange faces competition from large national companies, regional insurers, and direct-to-consumer models. Intense competition, aggressive pricing, product innovation, and macroeconomic factors such as inflation, high unemployment, or recession can affect the Exchange's ability to attract and retain customers, thus impacting its premium growth. Additionally, the broader P&C insurance industry is susceptible to increasing frequency and severity of catastrophe losses due to climate change, and "social inflation" (rising litigation costs and larger jury awards), which indirectly pressure the Exchange's underwriting performance and, in turn, Erie Indemnity's fee revenue.

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The proliferation of direct-to-consumer and digital-first insurance providers (e.g., Geico, Lemonade, Root Insurance) is challenging the traditional agency-based distribution model. As Erie Indemnity provides sales support, agent compensation, and advertising services for the Erie Insurance Exchange, a significant shift in market share towards direct insurers could reduce the demand for these services or put pressure on the exchange's business model, indirectly impacting ERIE.
Rapid advancements in Insurtech and artificial intelligence (AI) are enabling the automation and streamlining of core insurance functions, including underwriting, policy processing, and customer service. Since Erie Indemnity provides these exact services (underwriting and policy processing, customer services, and information technology services), these technological developments pose a threat by potentially making traditional, human-intensive processes less competitive or by allowing insurers to perform these functions more efficiently in-house or through specialized tech providers.

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The addressable market for Erie Indemnity Company's main products and services is the U.S. property and casualty insurance market. Erie Indemnity operates as a managing attorney-in-fact for the Erie Insurance Exchange, providing services for the sale, underwriting, policy issuance, and renewal of insurance products such as personal automobile, homeowners, multi-peril, workers' compensation, and commercial automobile insurance. The U.S. property and casualty insurance market was valued at approximately USD 1.10 trillion in 2025. It is projected to grow to about USD 1.33 trillion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.96%. Other estimates suggest the market could reach around USD 2.17 trillion by 2035, with a CAGR of 8.43% from 2026 to 2035. The market's expansion is driven by steady demand for auto and commercial insurance, as well as the increasing adoption of digital distribution channels and advanced risk management solutions.

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Erie Indemnity (ERIE) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

Growth in Direct Written Premiums and Policies In Force: Erie Indemnity's revenue is directly tied to the premium volume and policy growth of the Erie Insurance Exchange, from which it earns a 25% management fee. Direct written premiums for the Exchange grew by approximately 5% in the fourth quarter of 2025 and nearly 9% for the full year 2025, primarily due to prior rate actions. In Q1 2024, direct and assumed written premiums increased by 19%, with new business premiums growing by 32.4% and total policies in force increasing by 7.1%.
Strategic Rate Actions and Price Increases: The company has demonstrated a focus on implementing rate increases, which have contributed to an increase in the average premium per policy. This strategy is reflected in the 9.6% increase in average premium per policy for the year 2025, driven by realized rate actions. Management anticipated a larger impact from these rate increases in 2024 and continued to see incremental improvement in profitability from them in Q1 2024.
Expansion of Product Lines and Market Penetration: Erie Indemnity is concentrating on organic growth, including deepening its market penetration within existing operational areas and expanding its product lines, particularly in commercial insurance. This diversification aims to cater to a broader range of business needs and broaden revenue streams.
Investment in Technology and New Product Rollouts: The company is investing in technology and launching new products to enhance its offerings and competitiveness. The "ErieSecure Auto" product, initially piloted in Ohio and scheduled for broader deployment in states like Pennsylvania, West Virginia, and Virginia by mid-2026, is aimed at improving growth and pricing competitiveness. Additionally, technology modernization initiatives, such as the rollout of Business Auto 2.0 with enhanced processing and features, are expected to be fully implemented by Q3 2025.
Strengthening the Independent Agent Network: Erie Indemnity's strategy includes continuous investment in and support of its independent agent network, recognizing it as a significant competitive advantage. This approach helps to reach new customers and expand policyholder numbers. Growth in agent compensation, driven by base commission increases and higher incentive compensation linked to profitability, further supports this network.

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Share Repurchases

Erie Indemnity reported $0.00 in share buybacks as of December 31, 2025, and February 2026.
The company engages in the purchase of treasury stock to satisfy stock-based compensation awards.

Share Issuance

Erie Indemnity's shares outstanding saw minor fluctuations between 2021 and 2024, with 0.052 billion shares outstanding in 2024, a 0.01% increase from 2023.

Outbound Investments

In 2025, Erie Strategic Ventures made investments in Atomic and Feathery.

Capital Expenditures

Cash is primarily used to fund management operations, including the purchase and development of information technology, and other capital expenditures.
The company is focused on the rollout of its Erie Secure Auto product across new states to enhance its competitive position and improve customer acquisition.
Non-commission expenses in 2025 increased, driven in part by higher information technology costs.

Interactive Breakdown

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Better Bets vs. Erie Indemnity (ERIE)

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Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	ERIE Stock Falls -9.5% In 5-day Streak On Profitability Shock	02/25/2026
2	ERIE Falls -9.5% In 5-day Spree On Earnings & Revenue Miss	02/25/2026
3	How Low Can Erie Indemnity Stock Really Go?	10/17/2025
4	Why Erie Indemnity Stock Moved: ERIE Stock Has Gained 58% Since 2021 Fiscal End, Primarily Due To Favorable Change In Revenues	08/08/2025
5	Erie Indemnity (ERIE) Valuation Ratios Comparison	08/08/2025
6	Erie Indemnity Total Shareholder Return (TSR): 26.4% in 2024 and 32.7% 3-yr compounded annual returns (above peer average)	03/07/2025
7	Time To Buy Erie Indemnity Stock?	02/28/2025
8	Erie Indemnity (ERIE) Operating Cash Flow Comparison	02/17/2025
9	Erie Indemnity (ERIE) Net Income Comparison	02/15/2025
10	Erie Indemnity vs. S&P500 Correlation	10/03/2024
11	ARTICLES
12	S&P 500 Stocks Trading At 52-Week Low	03/26/2026
13	ERIE Falls -9.5% In 5-day Spree On Earnings & Revenue Miss	02/25/2026
14	S&P 500 Movers \| Winners: STX, ALB, WDC \| Losers: CTVA, SJM, ERIE	09/16/2025

	Title
0	DASHBOARDS
1	ERIE Stock Falls -9.5% In 5-day Streak On Profitability Shock
2	ERIE Falls -9.5% In 5-day Spree On Earnings & Revenue Miss
3	How Low Can Erie Indemnity Stock Really Go?
4	Why Erie Indemnity Stock Moved: ERIE Stock Has Gained 58% Since 2021 Fiscal End, Primarily Due To Favorable Change In Revenues
5	Erie Indemnity (ERIE) Valuation Ratios Comparison
6	Erie Indemnity Total Shareholder Return (TSR): 26.4% in 2024 and 32.7% 3-yr compounded annual returns (above peer average)
7	Time To Buy Erie Indemnity Stock?
8	Erie Indemnity (ERIE) Operating Cash Flow Comparison
9	Erie Indemnity (ERIE) Net Income Comparison
10	Erie Indemnity vs. S&P500 Correlation
11	ARTICLES
12	S&P 500 Stocks Trading At 52-Week Low
13	ERIE Falls -9.5% In 5-day Spree On Earnings & Revenue Miss
14	S&P 500 Movers \| Winners: STX, ALB, WDC \| Losers: CTVA, SJM, ERIE

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AAOI	Applied Optoelectronics	9.3	12.8%	280.7%
VICR	Vicor	8.1	12.6%	64.2%
RPM	RPM International	13.8	12.4%	5.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
REPL	Replimune	0.5	-24.6%	-39.5%
BETR	Better Home & Finance	0.6	-21.9%	7.4%
TBN	Tamboran Resources	0.7	-21.2%	31.3%
KRUS	Kura Sushi USA	0.7	-17.8%	14.7%
WTI	W&T Offshore	0.4	-13.6%	79.7%
HPK	HighPeak Energy	0.8	-10.6%	33.8%
SSII	SS Innovations International	0.8	-10.0%	-24.3%
APA	APA	13.7	-9.8%	59.9%
VG	Venture Global	35.4	-9.7%	112.0%
INTA	Intapp	1.8	-9.3%	-51.0%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
CAR	Avis Budget	9.2	79.2%	103.7%
AEHR	Aehr Test Systems	1.9	70.3%	212.8%
SLNO	Soleno Therapeutics	2.8	57.1%	13.6%
AAOI	Applied Optoelectronics	9.3	56.9%	280.7%
TH	Target Hospitality	1.4	54.5%	79.0%
RLAY	Relay Therapeutics	2.5	45.8%	71.5%
AMC	AMC Entertainment	0.7	36.7%	-14.1%
FLY	Firefly Aerospace	6.1	33.9%	70.4%
INTC	Intel	285.8	33.6%	59.8%
BKSY	BlackSky Technology	1.2	32.8%	78.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
GEVO	Gevo	0.5	-28.6%	-2.5%
ORIC	ORIC Pharmaceuticals	0.9	-28.6%	10.6%
TBN	Tamboran Resources	0.7	-28.5%	31.3%
VRDN	Viridian Therapeutics	1.4	-26.0%	-53.5%
REPL	Replimune	0.5	-23.1%	-39.5%
FBYD	Falcons Beyond Global	0.4	-20.5%	-25.3%
NKE	Nike	63.8	-18.3%	-31.9%
FRMI	Fermi	2.8	-17.8%	-40.0%
SOC	Sable Offshore	1.6	-16.9%	52.1%
RYAM	Rayonier Advanced Materials	0.6	-15.1%	59.6%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CAR	Avis Budget	9.2	172.6%	103.7%
SATL	Satellogic	0.9	117.4%	268.4%
APLS	Apellis Pharmaceuticals	5.2	103.6%	62.0%
LWLG	Lightwave Logic	1.1	94.7%	159.0%
ORKA	Oruka Therapeutics	3.4	84.3%	104.6%
FLY	Firefly Aerospace	6.1	83.7%	70.4%
TH	Target Hospitality	1.4	81.5%	79.0%
FBYD	Falcons Beyond Global	0.4	79.1%	-25.3%
KODK	Eastman Kodak	1.1	67.2%	35.0%
KOD	Kodiak Sciences	2.2	62.5%	49.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
VRDN	Viridian Therapeutics	1.4	-51.2%	-53.5%
WVE	WAVE Life Sciences	1.3	-46.6%	-58.2%
BUR	Burford Capital	1.0	-45.2%	-49.2%
TE	T1 Energy	0.7	-41.8%	-37.6%
FRMI	Fermi	2.8	-39.8%	-40.0%
ADMA	ADMA Biologics	2.3	-37.8%	-46.1%
MAZE	Maze Therapeutics	1.3	-37.7%	-32.2%
BOBS	Bobs Discount Furniture	1.5	-37.0%	-32.8%
IOVA	Iovance Biotherapeutics	1.4	-35.9%	27.1%
LMRI	Lumexa Imaging	0.9	-35.4%	-48.5%

Peer Comparisons

Peers to compare with:

Financials

	ERIE	WTW	NP	EZRA	MRSH	AON	Median
Name	Erie Ind.	Willis T.	Neptune .	Reliance.	Marsh & .	Aon
Mkt Price	253.38	290.82	25.96	0.18	174.91	329.76	214.14
Mkt Cap	11.7	27.6	3.6	-	85.4	71.0	27.6
Rev LTM	4,149	9,708	153	12	26,981	17,181	6,928
Op Inc LTM	-	2,257	78	-9	6,223	4,709	2,257
FCF LTM	-	1,546	54	-3	5,001	3,218	1,546
FCF 3Y Avg	-	1,305	-	-2	4,276	3,073	2,189
CFO LTM	-	1,775	58	-3	5,292	3,481	1,775
CFO 3Y Avg	-	1,544	-	-2	4,617	3,317	2,430

Growth & Margins

	ERIE	WTW	NP	EZRA	MRSH	AON	Median
Name	Erie Ind.	Willis T.	Neptune .	Reliance.	Marsh & .	Aon
Rev Chg LTM	7.4%	-2.2%	-	-11.6%	10.3%	9.4%	7.4%
Rev Chg 3Y Avg	13.4%	3.1%	-	2.5%	9.2%	11.3%	9.2%
Rev Chg Q	-1.4%	-3.3%	-	-20.8%	8.7%	3.7%	-1.4%
QoQ Delta Rev Chg LTM	-0.1%	-1.0%	-	-5.2%	2.0%	0.9%	-0.1%
Op Mgn LTM	-	23.2%	50.6%	-72.5%	23.1%	27.4%	23.2%
Op Mgn 3Y Avg	-	21.3%	-	-44.1%	23.4%	27.9%	22.3%
QoQ Delta Op Mgn LTM	-	0.1%	-	-6.2%	-0.2%	0.8%	-0.0%
CFO/Rev LTM	-	18.3%	38.0%	-24.9%	19.6%	20.3%	19.6%
CFO/Rev 3Y Avg	-	15.9%	-	-16.3%	18.6%	21.8%	17.3%
FCF/Rev LTM	-	15.9%	35.4%	-25.2%	18.5%	18.7%	18.5%
FCF/Rev 3Y Avg	-	13.4%	-	-17.1%	17.2%	20.2%	15.3%

Valuation

	ERIE	WTW	NP	EZRA	MRSH	AON	Median
Name	Erie Ind.	Willis T.	Neptune .	Reliance.	Marsh & .	Aon
Mkt Cap	11.7	27.6	3.6	-	85.4	71.0	27.6
P/S	2.8	2.8	23.4	-	3.2	4.1	3.2
P/EBIT	-	12.5	49.0	-	13.1	12.7	12.9
P/E	20.9	17.2	90.7	-	20.5	19.2	20.5
P/CFO	-	15.6	61.5	-	16.1	20.4	18.3
Total Yield	7.0%	7.1%	1.1%	-	6.9%	6.1%	6.9%
Dividend Yield	2.2%	1.3%	0.0%	-	2.0%	0.9%	1.3%
FCF Yield 3Y Avg	-	4.5%	-	-	4.5%	4.4%	4.5%
D/E	0.0	0.2	0.1	-	0.3	0.2	0.2
Net D/E	-0.0	0.1	0.1	-	0.2	0.2	0.1

Returns

	ERIE	WTW	NP	EZRA	MRSH	AON	Median
Name	Erie Ind.	Willis T.	Neptune .	Reliance.	Marsh & .	Aon
1M Rtn	-0.3%	-1.0%	30.9%	-17.5%	-2.8%	-0.9%	-1.0%
3M Rtn	-9.6%	-11.9%	-6.1%	-31.4%	-3.9%	-5.6%	-7.9%
6M Rtn	-21.8%	-14.9%	-4.2%	-31.4%	-14.1%	-9.4%	-14.5%
12M Rtn	-32.1%	-2.6%	-18.9%	-31.4%	-19.6%	-7.7%	-19.2%
3Y Rtn	14.5%	27.6%	-18.9%	-31.4%	7.8%	4.9%	6.4%
1M Excs Rtn	-0.1%	-0.8%	31.1%	-17.3%	-2.6%	-0.7%	-0.8%
3M Excs Rtn	-8.4%	-10.9%	-4.1%	-29.0%	-2.9%	-3.2%	-6.2%
6M Excs Rtn	-19.6%	-16.9%	-14.1%	-32.0%	-13.3%	-10.1%	-15.5%
12M Excs Rtn	-68.3%	-38.4%	-52.6%	-65.0%	-56.6%	-45.2%	-54.6%
3Y Excs Rtn	-49.6%	-35.1%	-83.9%	-96.4%	-55.1%	-57.9%	-56.5%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

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Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2025	2024	2023	2022	2021	2020
Period End	12/31/2025	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Filing Date	2/23/2026	2/23/2026	2/27/2025	2/26/2024	3/1/2023	2/24/2022	2/25/2021
Key Financials
Total Revenue	4,149	4,149	3,862	3,309	2,851	2,670	2,570
Net Income	559	559	600	446	299	298	293
EPS	12.01	12.01	12.89	9.58	6.41	6.40	6.30
Growth Rates
Total Revenue Growth	7.4%	7.4%	16.7%	16.1%	6.8%	3.9%	2.1%
Net Income Growth	-6.8%	-6.8%	34.6%	49.4%	0.2%	1.6%	-7.4%
Margins
Net Income Margin	13.5%	13.5%	15.5%	13.5%	10.5%	11.2%	11.4%
Cash & Debt
Total Cash	353	353	319	214	154	222	179
Total Debt	0	0	0	0	0	94	96
Net Debt / (Cash)	-353	-353	-319	-214	-154	-128	-83
Cash Flows
Net Cash from Operations	-	687	611	381	366	403	343
Free Cash from Operations	-	571	486	289	299	254	287
Returns to Shareholders
Dividends	254	254	238	222	207	193	273
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	12/31/2025	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Filing Date	2/23/2026	10/30/2025	8/7/2025	4/24/2025	2/27/2025	10/31/2024	7/25/2024	4/25/2024	2/26/2024	10/26/2023	7/27/2023	4/27/2023
Key Financials Quarterly
Total Revenue	334	1,304	1,292	1,219	338	1,227	1,211	1,087	284	1,058	1,036	931
Net Income	63	183	175	138	152	160	164	125	111	131	118	86
EPS	1.36	3.93	3.75	2.97	3.26	3.43	3.52	2.67	2.38	2.81	2.53	1.85
Key Financials TTM
Total Revenue TTM	4,149	4,153	4,076	3,994	3,862	3,808	3,640	3,465	3,309	3,735	3,422	3,110
Net Income TTM	559	648	625	614	600	559	530	484	446	401	354	316
Growth Rates Quarterly
Total Revenue Growth	-1.4%	6.3%	6.7%	12.1%	19.2%	15.9%	16.9%	16.7%	-60.0%	42.0%	43.0%	38.5%
Net Income Growth	-58.3%	14.4%	6.6%	11.1%	37.1%	22.0%	39.1%	44.4%	69.4%	55.4%	47.0%	25.7%
Margins Quarterly
Net Income Margin	19.0%	14.0%	13.5%	11.4%	45.0%	13.0%	13.5%	11.5%	39.1%	12.4%	11.4%	9.3%
Cash & Debt
Total Cash	353	652	391	288	319	246	204	208	214	173	207	180
Total Debt	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt / (Cash)	-353	-652	-391	-288	-319	-246	-204	-208	-214	-173	-207	-180
Cash Flows Quarterly
FCF from Operations	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows TTM
FCF from Operations TTM	-	-	-	-	-	-	-	-	-	-	-	-
Returns to Shareholders Quarterly
Dividends	64	64	64	64	59	59	59	59	55	55	55	55
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	-	-	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Management fee revenue - policy issuance and renewal services	2,894	2,442	2,088	1,913	1,842
Administrative services reimbursement revenue	806	737	668	638	609
Management fee revenue - administrative services	68	64	58	58	59
Investment income (loss)					33
Service agreement revenue					26
Total	3,769	3,243	2,814	2,610	2,569

Price Behavior

Price Behavior

Market Price	$253.38
Market Cap ($ Bil)	11.7
First Trading Date	10/02/1995
Distance from 52W High	-39.1%
	50 Days	200 Days
DMA Price	$260.93	$301.12
DMA Trend	down	down
Distance from DMA	-2.9%	-15.9%
	3M	1YR
Volatility	32.9%	31.7%
Downside Capture	-0.13	0.17
Upside Capture	-106.42	-20.17
Correlation (SPY)	-6.2%	15.7%

ERIE Betas & Captures as of 3/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	-0.05	-0.01	-0.13	-0.32	0.32	0.35
Up Beta	1.61	1.41	1.28	0.53	0.66	0.60
Down Beta	-1.35	-0.32	-0.08	-0.47	0.11	0.15
Up Capture	-46%	-75%	-85%	-59%	-11%	8%
Bmk +ve Days	7	16	27	65	139	424
Stock +ve Days	9	18	30	64	128	400
Down Capture	77%	37%	3%	-18%	51%	53%
Bmk -ve Days	12	23	33	58	110	323
Stock -ve Days	13	24	33	62	124	349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ERIE
ERIE	-34.8%	31.8%	-1.31	-
Sector ETF (XLF)	17.1%	17.2%	0.75	39.8%
Equity (SPY)	28.9%	17.3%	1.35	16.4%
Gold (GLD)	56.6%	27.9%	1.61	-12.1%
Commodities (DBC)	24.9%	16.8%	1.29	-9.1%
Real Estate (VNQ)	13.8%	15.6%	0.63	39.7%
Bitcoin (BTCUSD)	-14.5%	44.2%	-0.23	0.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ERIE
ERIE	4.8%	28.7%	0.18	-
Sector ETF (XLF)	10.3%	18.7%	0.43	38.0%
Equity (SPY)	11.6%	17.0%	0.53	30.0%
Gold (GLD)	22.3%	17.8%	1.03	-3.9%
Commodities (DBC)	11.8%	18.8%	0.52	2.9%
Real Estate (VNQ)	3.9%	18.8%	0.11	31.8%
Bitcoin (BTCUSD)	4.0%	56.5%	0.29	9.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ERIE
ERIE	13.0%	28.8%	0.47	-
Sector ETF (XLF)	12.9%	22.2%	0.53	38.9%
Equity (SPY)	13.9%	17.9%	0.67	37.1%
Gold (GLD)	14.1%	15.9%	0.74	-1.6%
Commodities (DBC)	8.4%	17.6%	0.40	6.4%
Real Estate (VNQ)	5.1%	20.7%	0.21	34.2%
Bitcoin (BTCUSD)	67.4%	66.9%	1.07	8.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	2.2 Mil
Short Interest: % Change Since 2282026	-0.9%
Average Daily Volume	0.2 Mil
Days-to-Cover Short Interest	10.4 days
Basic Shares Quantity	46.2 Mil
Short % of Basic Shares	4.8%

Returns Analyses

	Title
0	How Low Can Erie Indemnity Stock Really Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
2/23/2026	-2.6%	1.1%	-8.8%
10/30/2025	-5.5%	-9.1%	-4.4%
8/7/2025	1.3%	4.4%	-4.6%
2/27/2025	5.7%	11.1%	1.4%
10/31/2024	-7.5%	-5.4%	-2.6%
7/25/2024	8.7%	13.5%	26.3%
2/26/2024	9.9%	16.3%	14.6%
10/26/2023	-6.4%	-4.7%	0.3%
...
SUMMARY STATS
# Positive	9	12	9
# Negative	10	7	10
Median Positive	4.5%	8.6%	10.8%
Median Negative	-2.2%	-5.4%	-4.4%
Max Positive	9.9%	28.2%	34.7%
Max Negative	-8.6%	-12.1%	-9.3%

	Forward Returns
2/23/2026	-2.6%	1.1%	-8.8%
10/30/2025	-5.5%	-9.1%	-4.4%
8/7/2025	1.3%	4.4%	-4.6%
2/27/2025	5.7%	11.1%	1.4%
10/31/2024	-7.5%	-5.4%	-2.6%
7/25/2024	8.7%	13.5%	26.3%
2/26/2024	9.9%	16.3%	14.6%
10/26/2023	-6.4%	-4.7%	0.3%
7/27/2023	5.0%	28.2%	34.7%
3/1/2023	-0.8%	0.4%	-3.1%
10/27/2022	4.5%	10.1%	10.8%
7/28/2022	4.2%	8.4%	11.5%
2/24/2022	-1.9%	-4.7%	-1.4%
10/28/2021	2.8%	8.9%	2.0%
7/29/2021	-0.3%	-1.1%	-5.7%
2/25/2021	-1.5%	-7.1%	-9.3%
10/29/2020	-1.4%	1.1%	-4.5%
7/30/2020	0.4%	3.7%	-0.8%
5/7/2020	-8.6%	-12.1%	2.9%
SUMMARY STATS
# Positive	9	12	9
# Negative	10	7	10
Median Positive	4.5%	8.6%	10.8%
Median Negative	-2.2%	-5.4%	-4.4%
Max Positive	9.9%	28.2%	34.7%
Max Negative	-8.6%	-12.1%	-9.3%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
12/31/2025	02/23/2026	10-K
09/30/2025	10/30/2025	10-Q
06/30/2025	08/07/2025	10-Q
03/31/2025	04/24/2025	10-Q
12/31/2024	02/27/2025	10-K
09/30/2024	10/31/2024	10-Q
06/30/2024	07/25/2024	10-Q
03/31/2024	04/25/2024	10-Q
12/31/2023	02/26/2024	10-K
09/30/2023	10/26/2023	10-Q
06/30/2023	07/27/2023	10-Q
03/31/2023	04/27/2023	10-Q
12/31/2022	03/01/2023	10-K
09/30/2022	10/27/2022	10-Q
06/30/2022	07/28/2022	10-Q
03/31/2022	04/28/2022	10-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/23/2026

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Prior: Q3 2025 Earnings Reported 10/30/2025

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Insider Activity

Expand for Morenull

ERIE Trade Sentinel

Stock Conviction

null

CONVICTION RATIONALE

null

STOCK ARCHETYPE

null

INVESTMENT THESIS

null

Mechanism: null

Supporting Evidence:

PRIMARY RISK

null

Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

null

Diversification Alternatives

How Is The Market Pricing ERIE?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What ERIE Makes & Who Pays

TTM figures based on

ERIE Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

Industry Resources

Financials Resources

Federal Reserve Economic Data

Insurance Brokers Resources

Insurance Business America

A.M. Best

National Underwriter

Insurance News

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Erie Indemnity (ERIE)

Market Price (4/9/2026): $253.0 | Market Cap: $11.7 BilSector: Financials | Industry: Insurance Brokers

Erie Indemnity (ERIE)

Market Price (4/9/2026): $253.0Market Cap: $11.7 BilSector: FinancialsIndustry: Insurance Brokers

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Erie Indemnity (ERIE)

Share Repurchases

Share Issuance

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets vs. Erie Indemnity (ERIE)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Recent Forward Guidance [BETA]

Insider Activity

ERIE Trade Sentinel

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CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

PRIMARY RISK

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Position Sizing

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Market Price (4/9/2026): $253.0 | Market Cap: $11.7 Bil
Sector: Financials | Industry: Insurance Brokers

Market Price (4/9/2026): $253.0
Market Cap: $11.7 Bil
Sector: Financials
Industry: Insurance Brokers