ERIE · Erie Indemnity Co

$223.33 +8.81 (+4.11%) At close · Jul 24

Market Cap

$10.33B

46.19M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$4.07B +7.2%

FY2025

Net Income

$559.34M -6.8%

FY2025

Operating Margin

17.63% -0.2pp

FY2025

Operating Cash Flow

$686.66M +12.3%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+12.7%	+9.9%	+10.4%	$4.09B	$4.07B	$3.8B	$3.27B	$2.84B	$2.63B	$2.54B	$2.48B	$2.38B	$1.69B	$1.6B	$1.51B	$1.41B	$1.3B	$5.51B	$4.82B	$4.89B	$4.26B	$2.65B
Interest & Dividend Income	+16.6%	+15.3%	—	$32.45M	—	—	—	—	—	—	$34.46M	$31.23M	$26.16M	$21.74M	$18.68M	$16.93M	$15.51M	—	—	—	—	—
Premiums Earned (Net)	+8.2%	+6.7%	—	$5.69B	—	—	—	—	—	—	—	—	—	—	—	$5.34B	$4.9B	$4.49B	$4.21B	$3.99B	$3.87B	$3.83B
Amortization of Intangibles	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$9M	$7.41M	$6.91M	—	—	—	—	—
Depreciation & Amortization	+14.8%	+26.8%	+15.9%	—	$69.45M	$56.53M	$47.42M	$45.9M	$37.2M	$21.2M	$16.8M	$13.4M	$14.8M	$15.1M	$15.9M	$15.7M	$15M	—	—	—	—	—
Total Operating Expenses	+10.8%	+8.8%	+10.2%	$3.36B	$3.35B	$3.12B	$2.75B	$2.46B	$2.32B	$2.2B	$2.12B	$2.04B	$1.4B	$1.3B	$1.27B	$1.18B	$1.09B	—	—	—	—	—
Operating Income	+24.0%	+16.2%	+11.9%	$732.6M	$717.18M	$676.46M	$520.26M	$376.21M	$318.1M	$338.16M	$357.34M	$344.34M	$290.25M	$293.52M	$232.54M	$222.85M	$209.34M	—	—	—	—	—
Operating Margin	—	—	—	—	17.63%	17.82%	15.92%	13.25%	12.08%	13.33%	14.42%	14.45%	17.16%	18.38%	15.45%	15.84%	16.14%	—	—	—	—	—
EBITDA	+23.1%	+17.0%	+12.2%	—	$786.63M	$732.99M	$567.67M	$422.11M	$355.3M	$359.36M	$374.14M	$357.74M	$305.05M	$308.62M	$248.44M	$238.55M	$224.33M	—	—	—	—	—
Interest Expense	—	—	—	—	—	$0	$0	$2.01M	$4.13M	$731K	$856K	$2.46M	$1.24M	$101K	—	—	—	—	—	—	—	—
Other Non-Operating Income	+74.3%	—	—	$6.14M	$8.56M	$11.56M	$12.71M	$1.62M	-$4.89M	-$1.78M	$255K	$3.64M	-$1.91M	-$1.16M	—	—	—	—	—	—	—	—
Gain on Sales of Real Estate	—	—	—	—	—	—	—	—	—	—	—	$3.4M	—	—	—	—	—	—	—	—	—	—
Equity in Earnings of Unconsolidated Entities	—	+35.2%	-14.3%	$2.84M	—	—	—	—	$31.7M	-$602K	$660K	-$822K	$2.8M	$7.03M	$16.98M	$10.93M	$21.69M	$131M	$149M	$128M	-$369M	-$58M
Pretax Income	+23.6%	+14.0%	+10.3%	$726.18M	$710.6M	$757.28M	$561.94M	$376.45M	$376.4M	$368.52M	$396.71M	$371.32M	$315.7M	$320.09M	$266.25M	$251.26M	$246.61M	$899M	$358M	$999M	$524M	—
Income Tax	+24.8%	+15.0%	+5.1%	$154.79M	$151.27M	$156.97M	$115.88M	$77.88M	$78.54M	$75.21M	$79.88M	$83.1M	$118.7M	$109.73M	$91.57M	$83.76M	$84M	$280M	$90M	$339M	$78M	-$223M
Net Income	+23.3%	+13.8%	+12.3%	$571.39M	$559.34M	$600.31M	$446.06M	$298.57M	$297.86M	$293.3M	$316.82M	$288.22M	$197M	$210.37M	$174.68M	$167.51M	$162.61M	$160M	$169M	$162M	$108M	$69M
Net Margin	—	—	—	—	13.75%	15.82%	13.65%	10.51%	11.31%	11.56%	12.79%	12.1%	11.64%	13.18%	11.6%	11.9%	12.53%	2.9%	3.5%	3.31%	2.54%	2.6%
Net Income Attributable to Noncontrolling Interests	+59.9%	+3.7%	—	$448M	—	—	—	—	—	—	—	—	—	—	—	$405M	$885M	$459M	$99M	$498M	$338M	-$685M
Comprehensive Income	+20.6%	+10.8%	+11.0%	$549.52M	$554.91M	$566.12M	$440.08M	$316.44M	$350.72M	$332.03M	$330.24M	$314M	$188.7M	$185.85M	$195.52M	$108.9M	$236.7M	$132M	$117M	$152M	$207M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $438.41M in buybacks, $2.93B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

Insurance Brokers median 4.36×

EV/EBIT

—

Insurance Brokers median 18.54×

P/E (TTM)

—

Insurance Brokers median 22.07×

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022
Management Operations	$4,067,258,000	$3,795,115,000	$3,268,940,000	$2,840,124,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Policy Issuance and Renewal Services	$3,131,806,000	$2,894,074,000	$2,442,073,000	$2,087,846,000	$1,913,166,000	$1,841,794,000	$1,810,457,000	$1,719,567,000
Administrative Services Reimbursements	$836,639,000	$806,336,000	$737,139,000	$668,268,000	$638,483,000	$609,435,000	$582,010,000	$580,336,000
Administrative Services Management Fee	$74,058,000	$68,355,000	$63,669,000	$58,323,000	$58,286,000	$59,463,000	$57,204,000	$53,632,000
Service Agreement	$24,755,000	$26,350,000	$26,059,000	$25,687,000	$24,042,000	$25,797,000	$27,627,000	$28,677,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022
Management Operations	$717,184,000	$676,455,000	$520,256,000	$376,214,000

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023	FY2022
Management Operations	17.6%	17.8%	15.9%	13.2%

Key facts CIK 922621 CUSIP 29530P102 13F (30d) 97 filings 95 filers Visit website Investor relations