Erie Free Cash Flow vs Dividends Paid Analysis

ERIE Stock

USD 428.50 3.47 0.82%

Erie Indemnity financial indicator trend analysis is much more than just examining Erie Indemnity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Erie Indemnity is a good investment. Please check the relationship between Erie Indemnity Free Cash Flow and its Dividends Paid accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

Free Cash Flow vs Dividends Paid

Free Cash Flow vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Erie Indemnity Free Cash Flow account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Erie Indemnity's Free Cash Flow and Dividends Paid is -0.34. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Erie Indemnity, assuming nothing else is changed. The correlation between historical values of Erie Indemnity's Free Cash Flow and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Erie Indemnity are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Free Cash Flow i.e., Erie Indemnity's Free Cash Flow and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Most indicators from Erie Indemnity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Erie Indemnity current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.At present, Erie Indemnity's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 28.54, whereas Tax Provision is forecasted to decline to about 72.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.7B	376.8M	520.3M	494.2M
Total Revenue	2.7B	2.8B	3.3B	2.2B

Gross Profit Total Revenue

Erie Indemnity fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Gross	Common Stock
Total Assets		0.51	-0.35	-0.38	-0.82	-0.11	-0.74	-0.99	0.99	0.95	-0.17	0.99	0.08	0.99	-0.45	0.79	0.77	-0.71	0.76	0.99	-0.47	0.99	-0.81	0.84	-0.42	-0.47
Short Long Term Debt Total	0.51		-0.23	-0.49	-0.61	0.2	-0.36	-0.49	0.53	0.53	-0.46	0.53	-0.02	0.54	-0.09	0.41	0.42	-0.03	0.51	0.52	-0.07	0.52	-0.25	0.31	-0.51	-0.07
Total Stockholder Equity	-0.35	-0.23		0.84	0.38	0.87	0.87	0.38	-0.43	-0.11	-0.63	-0.39	-0.38	-0.36	0.69	-0.36	-0.33	0.37	-0.17	-0.42	-0.01	-0.42	0.43	-0.34	0.86	-0.01
Property Plant And Equipment Net	-0.38	-0.49	0.84		0.56	0.53	0.77	0.46	-0.49	-0.14	-0.37	-0.46	-0.2	-0.45	0.55	-0.38	-0.38	0.15	-0.32	-0.49	-0.32	-0.49	0.42	-0.32	0.97	-0.32
Net Debt	-0.82	-0.61	0.38	0.56		-0.01	0.63	0.84	-0.84	-0.77	0.26	-0.84	0.21	-0.85	0.19	-0.53	-0.52	0.3	-0.95	-0.85	0.14	-0.84	0.84	-0.82	0.53	0.14
Retained Earnings	-0.11	0.2	0.87	0.53	-0.01		0.7	0.11	-0.17	0.13	-0.89	-0.13	-0.51	-0.09	0.72	-0.19	-0.15	0.44	0.19	-0.15	0.08	-0.16	0.26	-0.18	0.58	0.08
Non Current Assets Total	-0.74	-0.36	0.87	0.77	0.63	0.7		0.75	-0.79	-0.53	-0.42	-0.77	-0.31	-0.74	0.75	-0.68	-0.65	0.63	-0.44	-0.78	0.24	-0.79	0.68	-0.64	0.81	0.24
Non Currrent Assets Other	-0.99	-0.49	0.38	0.46	0.84	0.11	0.75		-0.99	-0.9	0.13	-0.99	-0.07	-1.0	0.48	-0.79	-0.78	0.68	-0.76	-1.0	0.34	-0.99	0.81	-0.83	0.48	0.34
Other Assets	0.99	0.53	-0.43	-0.49	-0.84	-0.17	-0.79	-0.99		0.89	-0.09	1.0	0.12	1.0	-0.53	0.8	0.78	-0.71	0.73	1.0	-0.36	1.0	-0.82	0.85	-0.53	-0.36
Net Receivables	0.95	0.53	-0.11	-0.14	-0.77	0.13	-0.53	-0.9	0.89		-0.42	0.91	-0.04	0.92	-0.19	0.69	0.68	-0.58	0.78	0.9	-0.62	0.9	-0.7	0.76	-0.17	-0.62
Common Stock Shares Outstanding	-0.17	-0.46	-0.63	-0.37	0.26	-0.89	-0.42	0.13	-0.09	-0.42		-0.12	0.5	-0.17	-0.64	-0.03	-0.07	-0.32	-0.42	-0.1	0.18	-0.09	-0.09	0.0	-0.42	0.18
Non Current Liabilities Total	0.99	0.53	-0.39	-0.46	-0.84	-0.13	-0.77	-0.99	1.0	0.91	-0.12		0.1	1.0	-0.5	0.8	0.78	-0.7	0.74	1.0	-0.37	1.0	-0.81	0.84	-0.5	-0.37
Other Stockholder Equity	0.08	-0.02	-0.38	-0.2	0.21	-0.51	-0.31	-0.07	0.12	-0.04	0.5	0.1		0.07	-0.46	0.16	0.11	-0.56	-0.36	0.1	-0.11	0.12	-0.06	0.01	-0.33	-0.11
Total Liab	0.99	0.54	-0.36	-0.45	-0.85	-0.09	-0.74	-1.0	1.0	0.92	-0.17	1.0	0.07		-0.46	0.8	0.78	-0.68	0.76	1.0	-0.37	1.0	-0.8	0.83	-0.47	-0.37
Total Current Assets	-0.45	-0.09	0.69	0.55	0.19	0.72	0.75	0.48	-0.53	-0.19	-0.64	-0.5	-0.46	-0.46		-0.55	-0.51	0.74	0.06	-0.49	0.02	-0.51	0.41	-0.43	0.61	0.02
Other Current Liab	0.79	0.41	-0.36	-0.38	-0.53	-0.19	-0.68	-0.79	0.8	0.69	-0.03	0.8	0.16	0.8	-0.55		1.0	-0.65	0.4	0.79	-0.37	0.8	-0.54	0.58	-0.42	-0.37
Total Current Liabilities	0.77	0.42	-0.33	-0.38	-0.52	-0.15	-0.65	-0.78	0.78	0.68	-0.07	0.78	0.11	0.78	-0.51	1.0		-0.6	0.41	0.77	-0.33	0.78	-0.51	0.55	-0.41	-0.33
Accounts Payable	-0.71	-0.03	0.37	0.15	0.3	0.44	0.63	0.68	-0.71	-0.58	-0.32	-0.7	-0.56	-0.68	0.74	-0.65	-0.6		-0.17	-0.69	0.47	-0.7	0.62	-0.67	0.25	0.47
Cash	0.76	0.51	-0.17	-0.32	-0.95	0.19	-0.44	-0.76	0.73	0.78	-0.42	0.74	-0.36	0.76	0.06	0.4	0.41	-0.17		0.75	-0.22	0.74	-0.78	0.77	-0.28	-0.22
Cash And Short Term Investments	0.99	0.52	-0.42	-0.49	-0.85	-0.15	-0.78	-1.0	1.0	0.9	-0.1	1.0	0.1	1.0	-0.49	0.79	0.77	-0.69	0.75		-0.36	1.0	-0.82	0.84	-0.52	-0.36
Common Stock Total Equity	-0.47	-0.07	-0.01	-0.32	0.14	0.08	0.24	0.34	-0.36	-0.62	0.18	-0.37	-0.11	-0.37	0.02	-0.37	-0.33	0.47	-0.22	-0.36		-0.37	0.25	-0.33	-0.25	1.0
Short Term Investments	0.99	0.52	-0.42	-0.49	-0.84	-0.16	-0.79	-0.99	1.0	0.9	-0.09	1.0	0.12	1.0	-0.51	0.8	0.78	-0.7	0.74	1.0	-0.37		-0.82	0.84	-0.52	-0.37
Inventory	-0.81	-0.25	0.43	0.42	0.84	0.26	0.68	0.81	-0.82	-0.7	-0.09	-0.81	-0.06	-0.8	0.41	-0.54	-0.51	0.62	-0.78	-0.82	0.25	-0.82		-0.97	0.44	0.25
Other Current Assets	0.84	0.31	-0.34	-0.32	-0.82	-0.18	-0.64	-0.83	0.85	0.76	0.0	0.84	0.01	0.83	-0.43	0.58	0.55	-0.67	0.77	0.84	-0.33	0.84	-0.97		-0.35	-0.33
Property Plant And Equipment Gross	-0.42	-0.51	0.86	0.97	0.53	0.58	0.81	0.48	-0.53	-0.17	-0.42	-0.5	-0.33	-0.47	0.61	-0.42	-0.41	0.25	-0.28	-0.52	-0.25	-0.52	0.44	-0.35		-0.25
Common Stock	-0.47	-0.07	-0.01	-0.32	0.14	0.08	0.24	0.34	-0.36	-0.62	0.18	-0.37	-0.11	-0.37	0.02	-0.37	-0.33	0.47	-0.22	-0.36	1.0	-0.37	0.25	-0.33	-0.25

Click cells to compare fundamentals

Erie Indemnity Account Relationship Matchups

Erie Indemnity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	2.2B	2.2B	2.5B	4.6B
Short Long Term Debt Total	97.8M	95.9M	93.8M	122.5M	112.3M	103.3M
Total Stockholder Equity	1.1B	1.2B	1.3B	1.4B	1.7B	971.0M
Property Plant And Equipment Net	221.4M	265.3M	374.8M	413.9M	442.6M	464.7M
Net Debt	(238.9M)	(65.4M)	(89.9M)	(19.6M)	(31.8M)	(33.4M)
Retained Earnings	2.4B	2.4B	2.5B	2.6B	2.8B	1.7B
Non Current Assets Total	1.0B	1.3B	1.4B	1.4B	1.5B	844.4M
Non Currrent Assets Other	(1.0B)	(1.3B)	(1.4B)	(56.9M)	185.2M	194.5M
Other Assets	131.6M	153.2M	132.2M	167.1M	38.6M	36.7M
Net Receivables	469.1M	494.6M	479.1M	524.9M	634.8M	881.8M
Common Stock Shares Outstanding	52.7M	52.7M	52.7M	52.7M	46.2M	56.1M
Liabilities And Stockholders Equity	2.0B	2.1B	2.2B	2.2B	2.5B	4.6B
Non Current Liabilities Total	114.3M	112.7M	109.4M	502.5M	100.2M	95.1M
Other Stockholder Equity	(3.5B)	(1.1B)	(1.2B)	(1.2B)	(1.2B)	(1.1B)
Total Liab	883.0M	929.1M	899.6M	791.0M	809.1M	768.7M
Total Current Assets	838.6M	676.2M	701.2M	691.3M	930.2M	816.3M
Other Current Liab	(435.8M)	(154.6M)	(140.4M)	(165.9M)	538.1M	511.2M
Total Current Liabilities	435.8M	452.0M	446.1M	502.5M	709.0M	673.5M
Accounts Payable	397.9M	150.0M	138.3M	165.9M	170.9M	118.1M
Cash	336.7M	161.2M	183.7M	142.1M	144.1M	179.3M
Cash And Short Term Investments	369.5M	178.9M	222.1M	166.4M	226.1M	214.8M
Short Term Investments	32.8M	17.7M	38.4M	24.3M	82.0M	77.9M
Other Current Assets	521.9M	52.6M	56.2M	97.2M	69.3M	65.9M
Property Plant And Equipment Gross	83.1M	130.8M	221.4M	265.3M	305.1M	320.4M
Accumulated Other Comprehensive Income	(116.9M)	(78.1M)	(25.3M)	(7.4M)	9.7M	10.2M
Other Liab	188.8M	207.6M	177.0M	125.9M	113.3M	107.7M
Property Plant Equipment	243.8M	265.3M	374.8M	413.9M	476.0M	499.8M
Net Tangible Assets	1.1B	1.2B	1.3B	1.4B	1.3B	1.5B
Long Term Debt	97.9M	95.8M	93.8M	91.7M	105.5M	110.8M
Retained Earnings Total Equity	2.4B	2.4B	2.5B	2.6B	3.0B	1.5B
Deferred Long Term Liab	13.7M	14.9M	14.6M	27.8M	25.0M	23.8M
Long Term Investments	724.7M	973.0M	966.4M	930.9M	1.0B	993.2M
Non Current Liabilities Other	185.7M	192.7M	162.4M	98.1M	88.3M	83.9M
Capital Surpluse	16.5M	16.5M	16.5M	16.5M	19.0M	18.1M

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When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:

How To Invest In Erie

Details

Is Erie Stock a good investment?

Details

What is Erie Indemnity's Net Worth?

Details

Largest Property & Casualty Insurance Companies

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Largest Insurance Brokers Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.22

Dividend Share

5.1

Earnings Share

10.67

Revenue Per Share

79.861

Quarterly Revenue Growth

0.164

The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Erie Free Cash Flow vs Dividends Paid Analysis

Free Cash Flow vs Dividends Paid

Free Cash Flow vs Dividends Paid Correlation Analysis

Correlation Coefficient

Free Cash Flow

Dividends Paid

Erie Indemnity fundamental ratios Correlations

Erie Indemnity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Erie Indemnity fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Other Assets
Total Liab	+ 1.0	Other Assets
Cash And Short Term Investments	+ 1.0	Other Assets
Short Term Investments	+ 1.0	Other Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 1.0	Non Current Liabilities Total

Cash And Short Term Investments	- 1.0	Non Currrent Assets Other
Total Liab	- 1.0	Non Currrent Assets Other
Short Term Investments	- 0.99	Non Currrent Assets Other
Non Current Liabilities Total	- 0.99	Non Currrent Assets Other
Other Assets	- 0.99	Non Currrent Assets Other
Non Currrent Assets Other	- 0.99	Total Assets