ERIE vs. MKL: Erie Indemnity vs. Markel Stock Comparison
How do Erie Indemnity (ERIE) and Markel (MKL) 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 Markel (MKL) are both classified in the Property & Casualty Insurance sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.
| Profile Item | ERIE | MKL |
|---|---|---|
| Name | Erie Indemnity Company Class A Common Stock | Markel Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Property & Casualty Insurance | Property & Casualty Insurance |
| Market Capitalization | 14.28 billion USD | 23.71 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 2, 1995 | December 12, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ERIE | MKL |
|---|---|---|
| Total Return (1Y) | -3.52% | -4.35% |
| Total Return (3Y, Annualized) | 0.54% | 13.21% |
| Total Return (5Y, Annualized) | 5.47% | 8.36% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ERIE | MKL |
|---|---|---|
| Volatility (1Y, Annualized) | 38.16% | 18.61% |
| Beta (5Y) | 0.22 | 0.57 |
| Max Drawdown (5Y) | -60.87% | -28.87% |
| Avg. Volume (3M) | 236.89K | 66.79K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ERIE | MKL |
|---|---|---|
| Sharpe Ratio (1Y) | -0.20 | -0.46 |
| Sortino Ratio (1Y) | -0.29 | -0.60 |
Profitability
ROE (TTM)
Erie Indemnity (ERIE) at 23.70% sits in the top ROE quartile, while Markel (MKL) at 9.75% 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%
MKL
Insurance industry group
9.75%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- MKL
- 9.75%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both Erie Indemnity (ERIE) at 13.98% and Markel (MKL) at 11.13% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ERIE
Insurance industry group
13.98%
- Max
- 29.92%
- Q3
- 17.03%
- ERIE
- 13.98%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
MKL
Insurance industry group
11.13%
- Max
- 29.92%
- Q3
- 17.03%
- MKL
- 11.13%
- 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 Markel (MKL) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | ERIE | MKL |
|---|---|---|
| ROE (TTM) | 23.70% | 9.75% |
| ROA (TTM) | 13.48% | 2.21% |
| Net Margin (TTM) | 13.98% | 11.13% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Erie Indemnity (ERIE) at 7.41% is around its peer norm for revenue growth, while Markel (MKL) at -2.49% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Erie Indemnity (ERIE) at -6.88% is around its peer norm for EPS growth, while Markel (MKL) at -15.10% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | ERIE | MKL |
|---|---|---|
| Revenue Growth (YoY) | 7.41% | -2.49% |
| Revenue Growth (3Y CAGR) | 13.32% | 11.40% |
| EPS Growth (YoY) | -6.88% | -15.10% |
| EPS Growth (3Y CAGR) | 23.25% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Erie Indemnity (ERIE) in Insurance and Markel (MKL) 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 Markel (MKL) 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 | MKL |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Markel (MKL) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Erie Indemnity (ERIE) reports a yield of 2.05%, ranking against industry peers normally.
ERIE
Insurance industry group
2.05%
- Max
- 5.12%
- Q3
- 2.15%
- ERIE
- 2.05%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
MKL
Insurance industry group
0.00%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- MKL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Markel (MKL) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Erie Indemnity (ERIE) reports a payout of 53.13%, ranking against industry peers normally.
ERIE
Insurance industry group
53.13%
- Max
- 76.67%
- ERIE
- 53.13%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
MKL
Insurance industry group
0.00%
- Max
- 76.67%
- Q3
- 35.18%
- Median
- 14.74%
- MKL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ERIE | MKL |
|---|---|---|
| Dividend Yield (TTM) | 2.05% | 0.00% |
| Dividend Payout Ratio (TTM) | 53.13% | 0.00% |
Valuation
P/E Ratio (TTM)
Markel (MKL) at 13.80 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
MKL
Insurance industry group
13.80
- Max
- 28.37
- Q3
- 18.75
- MKL
- 13.80
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Markel (MKL) at 1.47 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
MKL
Insurance industry group
1.47
- Max
- 4.03
- Q3
- 2.25
- MKL
- 1.47
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Markel (MKL) at 1.28 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
MKL
Insurance industry group
1.28
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- MKL
- 1.28
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | ERIE | MKL |
|---|---|---|
| P/E Ratio (TTM) | 24.80 | 13.80 |
| P/S Ratio (TTM) | 3.46 | 1.47 |
| P/B Ratio (MRQ) | 5.59 | 1.28 |
| Free Cash Flow Yield (TTM) | -- | -- |