
Erie Indemnity Company ERIE
$ 252.05
-0.32%
Quarterly report 2023-Q2
added 07-27-2023
Erie Indemnity Company General and Administrative Expenses 2011-2026 | ERIE
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses Erie Indemnity Company
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | 240 M | 213 M | 227 M | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 240 M | 213 M | 227 M |
General and Administrative Expenses of other stocks in the Insurance brokers industry
| Issuer | General and Administrative Expenses | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Fanhua
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|
548 M | - | -0.65 % | $ 1.64 B | ||
|
Huize Holding Limited
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|
147 M | $ 1.4 | -6.03 % | $ 1.4 B | ||
|
Arthur J. Gallagher & Co.
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Willis Towers Watson Public Limited Company
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|
2.09 B | - | -0.49 % | $ 28.8 B | ||
|
Brown & Brown
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15.5 M | $ 66.35 | -0.26 % | $ 18.6 B | ||
|
BRP Group
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|
24.6 M | - | -4.43 % | $ 1.81 B | ||
|
Aon PLC
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7.84 B | $ 324.56 | -0.49 % | $ 70.1 B | ||
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GoHealth
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90.8 M | $ 1.17 | -7.14 % | $ 15.1 M | ||
|
Marsh & McLennan Companies
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SelectQuote
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CorVel Corporation
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88.9 M | $ 54.93 | 1.59 % | $ 2.82 B | ||
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eHealth
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89.8 M | $ 1.54 | 14.93 % | $ 45.2 M |