ERIE vs. WAB
Compare and contrast key facts about Erie Indemnity Company (ERIE) and Westinghouse Air Brake Technologies Corporation (WAB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIE or WAB.
Correlation
The correlation between ERIE and WAB is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ERIE vs. WAB - Performance Comparison
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Key characteristics
ERIE:
-0.23
WAB:
0.86
ERIE:
-0.22
WAB:
1.16
ERIE:
0.97
WAB:
1.17
ERIE:
-0.29
WAB:
0.92
ERIE:
-0.55
WAB:
2.76
ERIE:
19.05%
WAB:
7.83%
ERIE:
33.18%
WAB:
28.10%
ERIE:
-50.74%
WAB:
-71.84%
ERIE:
-33.40%
WAB:
-2.77%
Fundamentals
ERIE:
$18.79B
WAB:
$34.88B
ERIE:
$11.76
WAB:
$6.39
ERIE:
30.56
WAB:
31.90
ERIE:
3.05
WAB:
3.92
ERIE:
4.81
WAB:
3.32
ERIE:
8.93
WAB:
3.36
ERIE:
$3.32B
WAB:
$10.50B
ERIE:
$1.70B
WAB:
$3.31B
ERIE:
$525.14M
WAB:
$2.02B
Returns By Period
In the year-to-date period, ERIE achieves a -12.19% return, which is significantly lower than WAB's 7.62% return. Over the past 10 years, ERIE has outperformed WAB with an annualized return of 18.87%, while WAB has yielded a comparatively lower 7.93% annualized return.
ERIE
-12.19%
-15.19%
-11.84%
-7.63%
19.37%
18.87%
WAB
7.62%
17.60%
2.62%
23.98%
32.12%
7.93%
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Risk-Adjusted Performance
ERIE vs. WAB — Risk-Adjusted Performance Rank
ERIE
WAB
ERIE vs. WAB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Erie Indemnity Company (ERIE) and Westinghouse Air Brake Technologies Corporation (WAB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ERIE vs. WAB - Dividend Comparison
ERIE's dividend yield for the trailing twelve months is around 1.47%, more than WAB's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIE Erie Indemnity Company | 1.47% | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% |
WAB Westinghouse Air Brake Technologies Corporation | 0.42% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% | 0.23% |
Drawdowns
ERIE vs. WAB - Drawdown Comparison
The maximum ERIE drawdown since its inception was -50.74%, smaller than the maximum WAB drawdown of -71.84%. Use the drawdown chart below to compare losses from any high point for ERIE and WAB. For additional features, visit the drawdowns tool.
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Volatility
ERIE vs. WAB - Volatility Comparison
Erie Indemnity Company (ERIE) has a higher volatility of 14.94% compared to Westinghouse Air Brake Technologies Corporation (WAB) at 8.64%. This indicates that ERIE's price experiences larger fluctuations and is considered to be riskier than WAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ERIE vs. WAB - Financials Comparison
This section allows you to compare key financial metrics between Erie Indemnity Company and Westinghouse Air Brake Technologies Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ERIE vs. WAB - Profitability Comparison
ERIE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a gross profit of 989.40M and revenue of 989.40M. Therefore, the gross margin over that period was 100.0%.
WAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported a gross profit of 900.00M and revenue of 2.61B. Therefore, the gross margin over that period was 34.5%.
ERIE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported an operating income of 151.38M and revenue of 989.40M, resulting in an operating margin of 15.3%.
WAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported an operating income of 474.00M and revenue of 2.61B, resulting in an operating margin of 18.2%.
ERIE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Erie Indemnity Company reported a net income of 138.42M and revenue of 989.40M, resulting in a net margin of 14.0%.
WAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Westinghouse Air Brake Technologies Corporation reported a net income of 322.00M and revenue of 2.61B, resulting in a net margin of 12.3%.