ERIE vs. MRSH: Erie Indemnity vs. Marsh & McLennan Stock Comparison
How do Erie Indemnity (ERIE) and Marsh & McLennan (MRSH) 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 Marsh & McLennan (MRSH) both belong to the Insurance industry, though ERIE is classified under Property & Casualty Insurance while MRSH falls under Insurance Brokers.
| Profile Item | ERIE | MRSH |
|---|---|---|
| Name | Erie Indemnity Company Class A Common Stock | Marsh & McLennan Companies, 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 | Insurance Brokers |
| Market Capitalization | 14.28 billion USD | 97.39 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 2, 1995 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| Total Return (1Y) | -3.52% | 16.87% |
| Total Return (3Y, Annualized) | 0.54% | 3.11% |
| Total Return (5Y, Annualized) | 5.47% | 6.23% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| Volatility (1Y, Annualized) | 38.16% | 26.15% |
| Beta (5Y) | 0.22 | 0.51 |
| Max Drawdown (5Y) | -60.87% | -34.36% |
| Avg. Volume (3M) | 236.89K | 2.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| Sharpe Ratio (1Y) | -0.20 | 0.48 |
| Sortino Ratio (1Y) | -0.29 | 0.74 |
Profitability
ROE (TTM)
Both Erie Indemnity (ERIE) at 23.70% and Marsh & McLennan (MRSH) at 27.24% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
ERIE
Insurance industry group
23.70%
- Max
- 41.68%
- ERIE
- 23.70%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
MRSH
Insurance industry group
27.24%
- Max
- 41.68%
- MRSH
- 27.24%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both Erie Indemnity (ERIE) at 13.98% and Marsh & McLennan (MRSH) at 14.20% 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%
MRSH
Insurance industry group
14.20%
- Max
- 29.92%
- Q3
- 17.03%
- MRSH
- 14.20%
- 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 Marsh & McLennan (MRSH) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| ROE (TTM) | 23.70% | 27.24% |
| ROA (TTM) | 13.48% | 7.35% |
| Net Margin (TTM) | 13.98% | 14.20% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Erie Indemnity (ERIE) at 7.41% and Marsh & McLennan (MRSH) at 10.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Erie Indemnity (ERIE) at -6.88% and Marsh & McLennan (MRSH) at 3.06% 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 | MRSH |
|---|---|---|
| Revenue Growth (YoY) | 7.41% | 10.32% |
| Revenue Growth (3Y CAGR) | 13.32% | 9.20% |
| EPS Growth (YoY) | -6.88% | 3.06% |
| EPS Growth (3Y CAGR) | 23.25% | 11.75% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Erie Indemnity (ERIE) in Insurance and Marsh & McLennan (MRSH) 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 Marsh & McLennan (MRSH) 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 | MRSH |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Erie Indemnity (ERIE) at 2.05% and Marsh & McLennan (MRSH) at 1.80% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
ERIE
Insurance industry group
2.05%
- Max
- 5.12%
- Q3
- 2.15%
- ERIE
- 2.05%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
MRSH
Insurance industry group
1.80%
- Max
- 5.12%
- Q3
- 2.15%
- MRSH
- 1.80%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Erie Indemnity (ERIE) at 53.13% and Marsh & McLennan (MRSH) at 44.14% 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%
MRSH
Insurance industry group
44.14%
- Max
- 76.67%
- MRSH
- 44.14%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| Dividend Yield (TTM) | 2.05% | 1.80% |
| Dividend Payout Ratio (TTM) | 53.13% | 44.14% |
Valuation
P/E Ratio (TTM)
Both Erie Indemnity (ERIE) at 24.80 and Marsh & McLennan (MRSH) at 24.50 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
ERIE
Insurance industry group
24.80
- Max
- 28.37
- ERIE
- 24.80
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
MRSH
Insurance industry group
24.50
- Max
- 28.37
- MRSH
- 24.50
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Both Erie Indemnity (ERIE) at 3.46 and Marsh & McLennan (MRSH) at 3.42 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
ERIE
Insurance industry group
3.46
- Max
- 4.03
- ERIE
- 3.46
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
MRSH
Insurance industry group
3.42
- Max
- 4.03
- MRSH
- 3.42
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Measured against book value, both Erie Indemnity (ERIE) at 5.59 and Marsh & McLennan (MRSH) at 6.64 look expensive — each P/B ratio sits above its industry’s benchmark range.
ERIE
Insurance industry group
5.59
- ERIE
- 5.59
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
MRSH
Insurance industry group
6.64
- MRSH
- 6.64
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | ERIE | MRSH |
|---|---|---|
| P/E Ratio (TTM) | 24.80 | 24.50 |
| P/S Ratio (TTM) | 3.46 | 3.42 |
| P/B Ratio (MRQ) | 5.59 | 6.64 |
| Free Cash Flow Yield (TTM) | -- | -- |