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ERIEErie Indemnity Company

Quick Ratio (Acid-Test): 1.20

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.20 is 90% above its 5-year average of 0.64, near the high end of its 5-year range (0.00–1.65).

As of Monday, June 29, 2026. 10.34% below its 12-month average of 1.34.

Quick Ratio

ERIE Quick Ratio

1.20

Reported quarterly quick ratio; no daily interpolation.

ERIE Quick Ratio (Acid-Test)

ERIE Average Quick Ratio (Acid-Test) Chart

ERIE Quick Ratio (Acid-Test)

ERIE Current vs Average Quick Ratio (Acid-Test) Chart

ERIE Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.20

QUICK RATIO (ACID-TEST) AVG TTM

1.34

QUICK RATIO (ACID-TEST) AVG 3Y

0.94

QUICK RATIO (ACID-TEST) AVG 5Y

0.64

QUICK RATIO (ACID-TEST) AVG 10Y

1.16

QUICK RATIO (ACID-TEST) AVG 15Y

0.80

QUICK RATIO (ACID-TEST) AVG 20Y

0.76

CURRENT VS TTM AVG

-10.34%

CURRENT VS 3Y AVG

+28.09%

CURRENT VS 5Y AVG

+89.65%

CURRENT VS 10Y AVG

+4.22%

CURRENT VS 15Y AVG

+50.54%

CURRENT VS 20Y AVG

+57.94%

ERIE Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Erie Indemnity Company (ERIE)$11.03B1.201.340.940.64
American Financial Group, Inc. (AFG)vs ›$11.56B0.500.810.911.09
Invesco Ltd. (IVZ)vs ›$11.59B43.0123.0712.268.44
Assurant, Inc. (AIZ)vs ›$13.10B0.550.670.660.69
FactSet Research Systems Inc. (FDS)vs ›$8.44B1.401.321.562.03
Hut 8 Corp. (HUT)vs ›$13.85B1.091.382.835.12
Globe Life Inc. (GL)vs ›$13.92B9.669.5710.169.76
Everest Group, Ltd. (EG)vs ›$14.07B0.760.770.730.82
Kinsale Capital Group, Inc. (KNSL)vs ›$7.57B0.841.071.201.22
Bitmine Immersion Technologies, Inc. (BMNR)vs ›$7.29B51.5026.0013.849.36

Liquidity Comparison

Quick Ratio

1.20

Excludes inventory

Current Ratio

1.24

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The quick ratio (acid-test) for ERIE stock is 1.20.
Is Erie Indemnity Company's quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 1.20 is 90% above its 5-year average of 0.64, near the high end of its 5-year range (0.00–1.65).
What is the TTM average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The TTM average quick ratio (acid-test) for ERIE stock is 1.34.
What is the 3Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The 3Y average quick ratio (acid-test) for ERIE stock is 0.94.
What is the 5Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The 5Y average quick ratio (acid-test) for ERIE stock is 0.64.
What is the 10Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The 10Y average quick ratio (acid-test) for ERIE stock is 1.16.
What is the 15Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The 15Y average quick ratio (acid-test) for ERIE stock is 0.80.
What is the 20Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
The 20Y average quick ratio (acid-test) for ERIE stock is 0.76.

ERIE Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-311.20
2025-12-311.24
2025-09-301.65
2025-06-301.39
2025-03-311.24
2024-12-311.43
2024-09-301.22
2024-06-300.00
2024-03-310.00
2023-12-311.31
2023-09-300.00
2023-06-301.55
2023-03-310.00
2022-12-311.11
2022-09-300.00
2022-06-300.00
2022-03-310.00
2021-12-310.00
2021-09-300.00
2021-06-300.00
2021-03-310.00
2020-12-310.00
2020-09-301.31
2020-06-301.46
2020-03-311.50
2019-12-311.51
2019-09-301.64
2019-06-301.75
2019-03-311.92
2018-12-312.48
2018-09-301.63
2018-06-301.66
2018-03-311.61
2017-12-313.35
2017-09-301.49
2017-06-301.56
2017-03-311.55
2016-12-313.32
2016-09-301.38
2016-06-301.44
2016-03-311.50
2015-12-311.43
2015-09-300.00
2015-06-300.00
2015-03-310.00
2014-12-310.00
2014-09-300.00
2014-06-300.00
2014-03-310.00
2013-12-310.00
2013-09-300.00
2013-06-300.00
2013-03-310.00
2012-12-310.00
2012-09-300.00
2012-06-300.00
2012-03-310.00
2011-12-310.00
2011-09-300.00
2011-06-300.00
2011-03-310.00
2010-12-3160.50
2010-09-300.00
2010-06-300.00
2010-03-310.00
2009-12-3111.34
2009-09-309528.15
2009-06-3011.31
2009-03-3111.26
2008-12-3112.04
2008-09-307.06
2008-06-306.48
2008-03-316.46
2007-12-3157.92
2007-09-301128.88
2007-06-30495.91
2007-03-31317.76
2006-12-3162.94
2006-09-3062.45
2006-06-3073.19
2006-03-31253.32
2005-12-3178.24
2005-09-3043.85
2005-06-3047.16
2005-03-31136.72
2004-12-3155.13
2004-09-30413.98
2004-06-3056.55
2004-03-31143.54
2003-12-3153.98
2003-09-3049.19
2003-06-3036.27
2003-03-31206.95
2002-12-3154.27
2002-09-301.60
2002-06-30192.47

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