ERIE vs MRSH
Erie Indemnity Co. and Marsh & Mclennan Companies, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ERIE | MRSH |
|---|---|---|
| Revenue | $4.1B | $27.0B |
| Net income | $559.3M | $4.2B |
| Gross margin | · | · |
| Net margin | 13.8% | 15.7% |
| Return on equity | 26.2% | 28.8% |
| Diluted EPS | · | $8.43 |
| Dividend / share | · | $3.43 |
| Payout ratio | 45.5% | 40.8% |
| Free cash flow | $571.0M | $5.0B |
| Equity | $2.3B | · |
| Net debt / equity | · | 1.10× |
| Current ratio | 1.27× | 1.10× |
| Revenue CAGR 5y | 9.9% | 9.4% |
| Profit CAGR 5y | 13.8% | 15.6% |
MRSH bills 6.6× the revenue of ERIE, and keeps more of each dollar of revenue as profit (15.7% against 13.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ERIE | MRSH |
|---|---|---|
| FY2025 | $4.1B | $27.0B |
| FY2024 | $3.8B | $24.5B |
| FY2023 | $3.3B | $22.7B |
| FY2022 | $2.8B | $20.7B |
| FY2021 | $2.6B | $19.8B |
| FY2020 | $2.5B | $17.2B |
| FY2019 | $2.5B | $16.7B |
| FY2018 | $2.4B | $14.9B |
| FY2017 | $1.7B | $14.0B |
| FY2016 | $1.6B | $13.2B |
Bottom line
| Fiscal year | ERIE | MRSH |
|---|---|---|
| FY2025 | $559.3M | $4.2B |
| FY2024 | $600.3M | $4.1B |
| FY2023 | $446.1M | $3.8B |
| FY2022 | $298.6M | $3.0B |
| FY2021 | $297.9M | $3.1B |
| FY2020 | $293.3M | $2.0B |
| FY2019 | $316.8M | $1.7B |
| FY2018 | $288.2M | $1.6B |
| FY2017 | $197.0M | $1.5B |
| FY2016 | $210.4M | $1.8B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$22,913,742,000 | MRSH |
| FY2024 | −$20,662,885,000 | MRSH |
| FY2023 | −$19,467,060,000 | MRSH |
| FY2022 | −$17,879,876,000 | MRSH |
| FY2021 | −$17,186,023,000 | MRSH |
| FY2020 | −$14,687,511,000 | MRSH |
| FY2019 | −$14,174,702,000 | MRSH |
| FY2018 | −$12,567,788,000 | MRSH |
| FY2017 | −$12,332,226,000 | MRSH |
| FY2016 | −$11,614,369,000 | MRSH |
| FY2015 | −$11,387,492,000 | MRSH |
| FY2014 | −$11,543,881,000 | MRSH |
| FY2013 | −$10,963,669,000 | MRSH |
| FY2012 | −$6,412,000,000 | MRSH |
| FY2011 | −$6,702,000,000 | MRSH |
| FY2010 | −$5,660,000,000 | MRSH |
| FY2009 | −$5,576,000,000 | MRSH |
| FY2008 | −$8,079,000,000 | MRSH |
MRSH has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.9 pp | MRSH |
| FY2024 | −1.0 pp | MRSH |
| FY2023 | −3.1 pp | MRSH |
| FY2022 | −4.4 pp | MRSH |
| FY2021 | −4.7 pp | MRSH |
| FY2020 | −0.3 pp | MRSH |
| FY2019 | +2.1 pp | ERIE |
| FY2018 | +0.9 pp | ERIE |
| FY2017 | +0.9 pp | ERIE |
| FY2016 | −0.4 pp | MRSH |
| FY2015 | −1.1 pp | MRSH |
| FY2014 | +29.2 pp | ERIE |
| FY2013 | +69.5 pp | ERIE |
| FY2012 | +1.2 pp | ERIE |
| FY2011 | −3.3 pp | MRSH |
| FY2010 | +5.2 pp | ERIE |
| FY2009 | +8.0 pp | ERIE |
| FY2008 | −22.7 pp | MRSH |
The higher net margin has changed hands between ERIE and MRSH over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ERIE's net margin has been more volatile than MRSH's over the 18 comparable fiscal years — 19.2 percentage points of standard deviation against 4.5.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ERIE and MRSH over these 18 fiscal years — ERIE led in 8 and MRSH in 10.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MRSH's return on equity has been more volatile than ERIE's over the 16 comparable fiscal years — 5.4 percentage points of standard deviation against 4.0.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ERIE and MRSH over these 16 fiscal years — ERIE led in 11 and MRSH in 5.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.