Erie Indemnity (ERIE) vs Hagerty (HGTY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Hagerty (HGTY) has outperformed Erie Indemnity (ERIE) over the past year, gaining 18.3% versus a loss of 30.7%. Over five years, HGTY leads with a +41.5% price change compared with +14.2% for ERIE. Erie Indemnity is the larger company by market cap ($11.61 billion vs $4.88 billion), about 2.4 times the size, while Hagerty is growing revenue faster (+17.3% vs +7.2%).
On valuation, Erie Indemnity trades at a lower forward P/E (15.8x vs 24.3x for Hagerty). Erie Indemnity pays a dividend yielding 2.59%, while Hagerty does not currently pay one. Erie Indemnity converts more of its revenue into profit, with a net margin of 13.8% versus 10.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERIE | HGTY |
|---|---|---|
| Share price | $222.04 | $14.21 |
| Market cap | $11.61B | $4.88B |
| 1-day change | -1.99% | +0.07% |
| YTD return | -22.54% | +5.73% |
| 1-year return | -30.71% | +18.32% |
| 5-year return | +14.18% | +41.53% |
| P/E ratio (TTM) | 20.13 | 129.18 |
| Forward P/E | 15.85 | 24.27 |
| EPS (TTM) | $11.03 | $0.11 |
| Dividend yield | 2.59% | 0.00% |
| Annual dividend | $5.75 | $0.00 |
| Revenue (latest FY) | $4.07B | $1.46B |
| Revenue growth (YoY) | +7.17% | +17.31% |
| Net income (latest FY) | $559.34M | $149.22M |
| Operating margin | 17.63% | — |
| Net margin | 13.75% | 10.25% |
| 52-week high | $330.54 | $14.36 |
| 52-week low | $204.63 | $9.36 |
| Distance from 52-week high | -32.83% | -1.04% |
| Analyst consensus | none | buy |
| Avg. price target upside | — | +2.04% |
| Average volume | 268.17K | 346.18K |
| Shares outstanding | 46.19M | 111.32M |
| Employees | 6,667 | 1,891 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Erie Indemnity is about 2.4 times larger than Hagerty by market value ($11.61B vs $4.88B).
- HGTY has outperformed ERIE by 49.0 percentage points over the past year.
- Hagerty trades at a higher earnings multiple (129.2x vs 20.1x trailing P/E).
- Erie Indemnity offers a meaningfully higher dividend yield (2.59% vs 0.00%).
- Hagerty grew revenue faster in its latest fiscal year (+17.31% vs +7.17%).
About Erie Indemnity
ERIE stock →Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services.
Finance · Specialty Insurers · 6,667 employees
About Hagerty
HGTY stock →Hagerty, Inc. provides insurance services for collector cars and enthusiast vehicles in the United States, Canada, and the United Kingdom.
Finance · Specialty Insurers · 1,891 employees
ERIE vs HGTY FAQ
Which is bigger, Erie Indemnity or Hagerty?
Erie Indemnity (ERIE) is larger, with a market capitalization of $11.61B compared with $4.88B for Hagerty (HGTY).
Which stock has performed better over the past year, ERIE or HGTY?
HGTY returned +18.32% over the past 12 months, compared with -30.71% for ERIE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ERIE or HGTY?
ERIE has the lower trailing P/E at 20.1, versus 129.2 for HGTY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Erie Indemnity or Hagerty?
Erie Indemnity pays a dividend yielding 2.59%, while Hagerty does not currently pay a regular dividend.
Are Erie Indemnity and Hagerty in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.