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ERIEErie Indemnity Company

Interest Coverage Ratio: 925.84x

Is the interest coverage ratio high or low?

The interest coverage ratio of 925.84x is 83% below its 5-year average of 5382.43x, near the low end of its 5-year range (58.89x–45594.50x).

As of Monday, June 29, 2026. 262.42% above its 12-month average of 255.46x.

Interest Coverage

ERIE Interest Coverage Ratio

925.84x

Reported quarterly interest coverage; no daily interpolation.

+591.72% 5Y
ERIE Interest Coverage Ratio

ERIE Average Interest Coverage Ratio Chart

ERIE Interest Coverage Ratio

ERIE Current vs Average Interest Coverage Ratio Chart

ERIE Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

925.84x

INTEREST COVERAGE RATIO AVG TTM

255.46x

INTEREST COVERAGE RATIO AVG 3Y

534.12x

INTEREST COVERAGE RATIO AVG 5Y

231.50x

INTEREST COVERAGE RATIO AVG 10Y

N/A

INTEREST COVERAGE RATIO AVG 15Y

N/A

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+262.42%

CURRENT VS 3Y AVG

+73.34%

CURRENT VS 5Y AVG

+299.94%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ERIE Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Erie Indemnity Company (ERIE)$11.03B925.84x255.46x534.12x231.50x
American Financial Group, Inc. (AFG)vs ›$11.56B13.41x14.10x13.88x12.26x
Invesco Ltd. (IVZ)vs ›$11.59B-8.43x14.35x16.23x12.36x
Assurant, Inc. (AIZ)vs ›$13.10B9.91x9.29x7.32x6.95x
FactSet Research Systems Inc. (FDS)vs ›$8.44B13.29x11.97x11.69x24.88x
Hut 8 Corp. (HUT)vs ›$13.85B-10.55x7.92x7.92x5.69x
Globe Life Inc. (GL)vs ›$13.92B10.36x10.40x11.16x11.71x
Everest Group, Ltd. (EG)vs ›$14.07B14.06x12.04x11.50x14.05x
Kinsale Capital Group, Inc. (KNSL)vs ›$7.57B59.58x55.19x48.33x163.49x
Bitmine Immersion Technologies, Inc. (BMNR)vs ›$7.29B1813.11x1813.11x1813.11x1813.11x

Financial Health Indicators

Interest Coverage

925.8x

Debt/Equity

0.00

Current Ratio

1.24

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Erie Indemnity Company (ERIE)?
The interest coverage ratio for ERIE stock is 925.84x.
Is Erie Indemnity Company's interest coverage ratio high or low?
The interest coverage ratio of 925.84x is 83% below its 5-year average of 5382.43x, near the low end of its 5-year range (58.89x–45594.50x).
What is the TTM average interest coverage ratio for Erie Indemnity Company (ERIE)?
The TTM average interest coverage ratio for ERIE stock is 255.46x.
What is the 3Y average interest coverage ratio for Erie Indemnity Company (ERIE)?
The 3Y average interest coverage ratio for ERIE stock is 534.12x.
What is the 5Y average interest coverage ratio for Erie Indemnity Company (ERIE)?
The 5Y average interest coverage ratio for ERIE stock is 231.50x.

ERIE Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2022-09-30925.84x
2022-06-30116.20x
2022-03-3184.40x
2021-12-3158.89x
2021-09-3091.98x
2021-06-3081.87x
2021-03-3175.42x
2020-12-3189.98x
2020-09-3032075.00x
2020-06-3045594.50x
2020-03-3128563.67x
2019-12-312862.50x
2019-09-30954.12x
2019-06-30355.18x
2019-03-31191.81x
2018-12-31125.43x
2018-09-30136.38x
2018-06-30158.34x
2018-03-31140.27x
2017-12-31133.85x
2017-09-30215.49x
2017-06-30324.70x
2017-03-31403.25x

About Erie Indemnity Company

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

Erie, PA
6,667 employees
Financial Services / Insurance - Property & Casualty
Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Timothy G. NeCastro