Erie Indemnity (ERIE) vs Neptune Insurance (NP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Neptune Insurance (NP) has outperformed Erie Indemnity (ERIE) over the past year, gaining 4.9% versus a loss of 30.9%. Erie Indemnity is the larger company by market cap ($11.61 billion vs $3.94 billion), about 2.9 times the size, while Neptune Insurance is growing revenue faster (+33.7% vs +7.2%). On valuation, Erie Indemnity trades at a lower forward P/E (15.8x vs 42.5x for Neptune Insurance).
Erie Indemnity pays a dividend yielding 2.59%, while Neptune Insurance does not currently pay one. Neptune Insurance converts more of its revenue into profit, with a net margin of 23.4% versus 13.8%.
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 | NP |
|---|---|---|
| Share price | $222.04 | $28.74 |
| Market cap | $11.61B | $3.94B |
| 1-day change | -1.99% | +1.05% |
| YTD return | -20.97% | -2.47% |
| 1-year return | -30.87% | +4.94% |
| 5-year return | +16.50% | — |
| P/E ratio (TTM) | 20.13 | 124.96 |
| Forward P/E | 15.85 | 42.53 |
| EPS (TTM) | $11.03 | $0.23 |
| Dividend yield | 2.59% | 0.00% |
| Annual dividend | $5.75 | $0.00 |
| Revenue (latest FY) | $4.07B | $159.55M |
| Revenue growth (YoY) | +7.17% | +33.74% |
| Net income (latest FY) | $559.34M | $37.41M |
| Operating margin | 17.63% | 44.47% |
| Net margin | 13.75% | 23.45% |
| 52-week high | $330.54 | $35.15 |
| 52-week low | $204.63 | $14.78 |
| Distance from 52-week high | -32.83% | -18.24% |
| Analyst consensus | none | buy |
| Avg. price target upside | — | +19.38% |
| Average volume | 268.41K | 575.11K |
| Shares outstanding | 46.19M | 93.80M |
| Employees | 6,667 | 62 |
| 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 2.9 times larger than Neptune Insurance by market value ($11.61B vs $3.94B).
- NP has outperformed ERIE by 35.8 percentage points over the past year.
- Neptune Insurance trades at a higher earnings multiple (125.0x vs 20.1x trailing P/E).
- Erie Indemnity offers a meaningfully higher dividend yield (2.59% vs 0.00%).
- Neptune Insurance is more profitable, keeping 23.4 cents of every revenue dollar as net income versus 13.8 cents for Erie Indemnity.
- Neptune Insurance grew revenue faster in its latest fiscal year (+33.74% 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 Neptune Insurance
NP stock →Neptune Insurance Holdings Inc., through its subsidiary, Neptune Flood Incorporated, operates as an insurance agency that engages in selling residential and commercial flood insurance policies on behalf of insurance carrier partners in the United States. The company offers primary and excess flood, parametric earthquake, and indemnity earthquake insurance through a network of agencies.
Finance · Specialty Insurers · 62 employees
ERIE vs NP FAQ
Which is bigger, Erie Indemnity or Neptune Insurance?
Erie Indemnity (ERIE) is larger, with a market capitalization of $11.61B compared with $3.94B for Neptune Insurance (NP).
Which stock has performed better over the past year, ERIE or NP?
NP returned +4.94% over the past 12 months, compared with -30.87% for ERIE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ERIE or NP?
ERIE has the lower trailing P/E at 20.1, versus 125.0 for NP. 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 Neptune Insurance?
Erie Indemnity pays a dividend yielding 2.59%, while Neptune Insurance does not currently pay a regular dividend.
Are Erie Indemnity and Neptune Insurance in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.