ERIE vs. MFC: Erie Indemnity vs. Manulife Financial Stock Comparison
How do Erie Indemnity (ERIE) and Manulife Financial (MFC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Erie Indemnity (ERIE) and Manulife Financial (MFC) both belong to the Insurance industry, though ERIE is classified under Property & Casualty Insurance while MFC falls under Life & Health Insurance.
| Profile Item | ERIE | MFC |
|---|---|---|
| Name | Erie Indemnity Company Class A Common Stock | Manulife Financial Corporation |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Property & Casualty Insurance | Life & Health Insurance |
| Market Capitalization | 14.28 billion USD | 71.43 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 2, 1995 | September 24, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Total Return (1Y) | -3.52% | 36.28% |
| Total Return (3Y, Annualized) | 0.54% | 38.35% |
| Total Return (5Y, Annualized) | 5.47% | 22.50% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Volatility (1Y, Annualized) | 38.16% | 20.87% |
| Beta (5Y) | 0.22 | 0.85 |
| Max Drawdown (5Y) | -60.87% | -26.99% |
| Avg. Volume (3M) | 236.89K | 1.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Sharpe Ratio (1Y) | -0.20 | 1.53 |
| Sortino Ratio (1Y) | -0.29 | 2.19 |
Profitability
ROE (TTM)
Erie Indemnity (ERIE) at 23.70% sits in the top ROE quartile, while Manulife Financial (MFC) at 12.24% is closer to the peer norm — stronger capital efficiency for ERIE.
ERIE
Insurance industry group
23.70%
- Max
- 41.68%
- ERIE
- 23.70%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
MFC
Insurance industry group
12.24%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- MFC
- 12.24%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Manulife Financial (MFC) at 18.97% retains a top-quartile share of revenue as profit, ahead of Erie Indemnity (ERIE) at 13.98%, which keeps about the industry-typical share.
ERIE
Insurance industry group
13.98%
- Max
- 29.92%
- Q3
- 17.03%
- ERIE
- 13.98%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
MFC
Insurance industry group
18.97%
- Max
- 29.92%
- MFC
- 18.97%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Erie Indemnity (ERIE) in Insurance and Manulife Financial (MFC) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | ERIE | MFC |
|---|---|---|
| ROE (TTM) | 23.70% | 12.24% |
| ROA (TTM) | 13.48% | 0.59% |
| Net Margin (TTM) | 13.98% | 18.97% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Erie Indemnity (ERIE) reports revenue growth of 7.41%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.
EPS Growth
Both Erie Indemnity (ERIE) at -6.88% and Manulife Financial (MFC) at 8.10% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Revenue Growth (YoY) | 7.41% | -- |
| Revenue Growth (3Y CAGR) | 13.32% | 29.95% |
| EPS Growth (YoY) | -6.88% | 8.10% |
| EPS Growth (3Y CAGR) | 23.25% | -5.86% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Erie Indemnity (ERIE) in Insurance and Manulife Financial (MFC) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Erie Indemnity (ERIE) in Insurance and Manulife Financial (MFC) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Manulife Financial (MFC) at 4.32% delivers top-quartile income for its industry, while Erie Indemnity (ERIE) at 2.05% pays a more typical yield — both are credible income propositions, MFC the richer one.
ERIE
Insurance industry group
2.05%
- Max
- 5.12%
- Q3
- 2.15%
- ERIE
- 2.05%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
4.32%
- Max
- 5.12%
- MFC
- 4.32%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Erie Indemnity (ERIE) at 53.13% and Manulife Financial (MFC) at 54.30% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
ERIE
Insurance industry group
53.13%
- Max
- 76.67%
- ERIE
- 53.13%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
54.30%
- Max
- 76.67%
- MFC
- 54.30%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ERIE | MFC |
|---|---|---|
| Dividend Yield (TTM) | 2.05% | 4.32% |
| Dividend Payout Ratio (TTM) | 53.13% | 54.30% |
Valuation
P/E Ratio (TTM)
Manulife Financial (MFC) at 17.23 is near its industry’s usual P/E ratio, while Erie Indemnity (ERIE) at 24.80 sits in the richer quartile — ERIE needs stronger growth or earnings quality to justify the premium.
ERIE
Insurance industry group
24.80
- Max
- 28.37
- ERIE
- 24.80
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
MFC
Insurance industry group
17.23
- Max
- 28.37
- Q3
- 18.75
- MFC
- 17.23
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Manulife Financial (MFC) at 2.11 is priced about in line with its industry on P/S ratio, while Erie Indemnity (ERIE) at 3.46 sits in the pricier quartile — ERIE costs more per dollar of sales.
ERIE
Insurance industry group
3.46
- Max
- 4.03
- ERIE
- 3.46
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
MFC
Insurance industry group
2.11
- Max
- 4.03
- Q3
- 2.25
- MFC
- 2.11
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Manulife Financial (MFC) at 2.13 sits near its industry’s typical P/B ratio, while Erie Indemnity (ERIE) at 5.59 prices above its benchmark range — ERIE looks rich relative to book.
ERIE
Insurance industry group
5.59
- ERIE
- 5.59
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
MFC
Insurance industry group
2.13
- Max
- 5.07
- Q3
- 2.79
- MFC
- 2.13
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | ERIE | MFC |
|---|---|---|
| P/E Ratio (TTM) | 24.80 | 17.23 |
| P/S Ratio (TTM) | 3.46 | 2.11 |
| P/B Ratio (MRQ) | 5.59 | 2.13 |
| Free Cash Flow Yield (TTM) | -- | -- |