ERIE INDEMNITY CO ERIE

Financials SIC 6411 - Insurance Agents, Brokers & Service NAICS Finance and Insurance › Insurance Carriers and Related Activities › Agencies, Brokerages, and Other Insurance Related Activities › Insurance Agencies and Brokerages derived Nasdaq

Erie Indemnity Company ("Indemnity", "we", "us", "our") is a publicly held Pennsylvania business corporation that has since its incorporation in 1925 served as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange ("Exchange"). The Exchange, which also commenced business in 1925, is a Pennsylvania-domiciled reciprocal insurer that writes property and casualty insurance. The Exchange has wholly owned property and casualty insurance subsidiaries including: Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company and Flagship City Insurance Company, and a wholly owned life insurance company, Erie Family Life Insurance Company ("EFL").

Last close 253.52 2026-10-23
Market cap —
52-week range 204.63 - 330.33

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $4.07B$3.80B$3.27B$2.84B$2.63B$2.54B$2.48B$2.38B$1.69B$1.60B
Total operating expenses $3.35B$3.12B$2.75B$2.46B$2.32B$2.20B$2.12B$2.04B$1.40B$1.30B
Operating income $717.2M$676.5M$520.3M$376.2M$318.1M$338.2M$357.3M$344.3M$290.3M$293.5M
Interest expense —$0$0$2.0M$4.1M$731.0K$856.0K$2.5M$1.2M$101.0K
Pre-tax income $710.6M$757.3M$561.9M$376.5M$376.4M$368.5M$396.7M$371.3M$315.7M$320.1M
Income tax $151.3M$157.0M$115.9M$77.9M$78.5M$75.2M$79.9M$83.1M$118.7M$109.7M
Net income $559.3M$600.3M$446.1M$298.6M$297.9M$293.3M$316.8M$288.2M$197.0M$210.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $345.9M$298.4M$144.1M$142.1M$183.7M$161.2M$336.7M$266.4M$215.7M$189.1M
Short-term investments $33.9M$44.6M$82.0M$24.3M$38.4M$17.7M$32.8M$402.3M——
Receivables $735.6M$707.1M$625.3M$524.9M$479.1M$494.6M$468.6M———
Total current assets $1.20B$1.15B$930.2M$778.8M$763.7M$732.3M$891.4M$1.17B$801.9M$665.5M
Total assets $3.36B$2.89B$2.47B$2.24B$2.24B$2.12B$2.02B$1.78B$1.67B$1.55B
Accounts payable $200.7M$190.0M$175.6M$165.9M$138.3M$150.7M$135.0M$111.3M$104.5M$88.2M
Short-term debt ———$0$2.1M$2.0M$2.0M$1.9M——
Total current liabilities $945.6M$802.5M$709.0M$665.1M$630.9M$627.7M$587.7M$547.1M$509.9M$469.6M
Long-term debt ———$0$91.7M$93.8M$95.8M$97.9M$74.7M$24.8M
Total liabilities $1.07B$901.4M$809.1M$791.0M$899.6M$929.1M$883.0M$804.7M$808.5M$732.0M
Retained earnings $3.46B$3.16B$2.80B$2.58B$2.50B$2.39B$2.38B$2.23B$2.14B$2.07B
Total equity $2.28B$1.99B$1.66B$1.45B$1.34B$1.19B$1.13B$973.7M$857.3M$816.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $686.7M$611.2M$381.2M$366.2M$402.8M$342.6M$364.5M$263.6M$197.1M$254.3M
Depreciation and amortisation $69.5M$56.5M$47.4M$45.9M$37.2M$21.2M$16.8M$13.4M$14.8M$15.1M
Capital expenditure $115.7M$124.8M$92.6M$67.2M$148.8M$55.5M$102.0M$56.3M$28.9M$25.2M
Investing cash flow -$439.3M-$226.9M-$157.6M-$106.9M-$185.5M-$243.2M-$124.6M-$81.4M-$74.7M-$136.9M
Financing cash flow -$199.9M-$230.0M-$221.7M-$300.8M-$194.8M-$274.9M-$169.6M-$131.5M-$95.8M-$111.2M
Dividends paid $254.3M$237.5M$221.7M$206.8M$192.8M$272.9M$167.7M$156.5M$145.8M$136.0M
Buybacks —————————$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-010666.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2016: 1.6B Net income, FY2016: 210.4M Revenue, FY2017: 1.7B Net income, FY2017: 197M Revenue, FY2018: 2.4B Net income, FY2018: 288.2M Revenue, FY2019: 2.5B Net income, FY2019: 316.8M Revenue, FY2020: 2.5B Net income, FY2020: 293.3M Revenue, FY2021: 2.6B Net income, FY2021: 297.9M Revenue, FY2022: 2.8B Net income, FY2022: 298.6M Revenue, FY2023: 3.3B Net income, FY2023: 446.1M Revenue, FY2024: 3.8B Net income, FY2024: 600.3M Revenue, FY2025: 4.1B Net income, FY2025: 559.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.60B $1.69B $2.38B $2.48B $2.54B $2.63B $2.84B $3.27B $3.80B $4.07B
Gross profit — — — — — — — — — —
Net income $210.4M $197.0M $288.2M $316.8M $293.3M $297.9M $298.6M $446.1M $600.3M $559.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event Item 8.01
  • Officer or director change Item 5.02
  • Other event Item 8.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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