Erie Indemnity
ERIE
$382.66
Share price
-0.79%
Change (1 day)
69.81%
Change (1 year)
Categories
Operating Margin for Erie Indemnity (ERIE)
Operating Margin as of April 2024 (TTM): 14.68%
According to Erie Indemnity's latest financial reports and stock price the company's current Operating Margin is 14.68%. At the end of 2022 the company had an Operating Margin of 13.25%.
Operating Margin history for Erie Indemnity from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.25% | -4.9% |
| 2021 | 13.93% | -2.85% |
| 2020 | 14.34% | -9.01% |
| 2019 | 15.76% | 2.26% |
| 2018 | 15.41% | -16.14% |
| 2017 | 18.38% | -7.12% |
| 2016 | 19.79% | 13.15% |
| 2015 | 17.49% | 26.67% |
| 2014 | 13.81% | -46.16% |
| 2013 | 25.65% | 53.51% |
| 2012 | 16.71% | 118.17% |
| 2011 | 7.66% | -63.5% |
| 2010 | 20.98% | 65.03% |
| 2009 | 12.71% | 10.68% |
| 2008 | 11.49% | -56.17% |
| 2007 | 26.20% | 4.46% |
| 2006 | 25.08% | -11.17% |
| 2005 | 28.24% | 4.06% |
| 2004 | 27.14% | 2.78% |
| 2003 | 26.40% | 4.16% |
| 2002 | 25.35% | 13.36% |
| 2001 | 22.36% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 State Auto Financial STFC | 5.46% | -62.80% | 🇺🇸 USA |
 American Financial Group
AFG | 15.37% | 4.70% | 🇺🇸 USA |
 Genworth Financial
GNW | 15.15% | 3.20% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.