Erie Financial Statements From 2010 to 2025

ERIE Stock  USD 418.04  7.21  1.70%   
Erie Indemnity financial statements provide useful quarterly and yearly information to potential Erie Indemnity investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Erie Indemnity financial statements helps investors assess Erie Indemnity's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Erie Indemnity's valuation are summarized below:
Gross Profit
676.5 M
Profit Margin
0.1582
Market Capitalization
22.2 B
Enterprise Value Revenue
5.6323
Revenue
3.8 B
There are over one hundred nineteen available fundamental signals for Erie Indemnity, which can be analyzed over time and compared to other ratios. Investors should ensure to verify all of Erie Indemnity's prevailing performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 20 B. The current year's Enterprise Value is expected to grow to about 19.7 B

Erie Indemnity Total Revenue

2.29 Billion

Check Erie Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 106.7 M, Interest Expense of 0.0 or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 3.36, Dividend Yield of 0.0168 or PTB Ratio of 10.06. Erie financial statements analysis is a perfect complement when working with Erie Indemnity Valuation or Volatility modules.
  
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

Erie Indemnity Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.6 B2.9 B5.6 B
Slightly volatile
Short and Long Term Debt Total103.3 M101 M159 M
Slightly volatile
Total Stockholder EquityBBB
Slightly volatile
Property Plant And Equipment Net539.2 M513.5 M209.8 M
Slightly volatile
Retained Earnings1.7 B3.2 B2.1 B
Slightly volatile
Non Current Assets Total878 M1.7 B801 M
Slightly volatile
Net Receivables878.6 M707.1 M691.8 M
Pretty Stable
Common Stock Shares Outstanding55.6 M52.3 M66.5 M
Slightly volatile
Liabilities And Stockholders Equity4.6 B2.9 B5.6 B
Slightly volatile
Non Current Liabilities Total93.9 M98.8 M2.3 B
Slightly volatile
Total Liabilities856.3 M901.4 M2.8 B
Slightly volatile
Total Current Assets1.1 B1.1 B677.4 M
Slightly volatile
Total Current Liabilities762.4 M802.5 M1.9 B
Slightly volatile
Cash184.4 M298.4 M242.2 M
Pretty Stable
Cash And Short Term Investments325.9 M343 M2.7 B
Slightly volatile
Common Stock Total Equity1.7 MM2.1 M
Pretty Stable
Short Term Investments42.4 M44.6 M2.4 B
Slightly volatile
Property Plant And Equipment Gross320.4 M305.1 M156 M
Slightly volatile
Common Stock1.7 MM2.1 M
Pretty Stable
Other Liabilities107.7 M113.3 M320.9 M
Slightly volatile
Net Tangible Assets1.5 B1.3 B1.7 B
Slightly volatile
Long Term Investments1.1 B1.1 B4.7 B
Slightly volatile
Non Current Liabilities Other83.9 M88.3 M2.6 B
Slightly volatile
Capital Surpluse18.1 M19 M16.7 M
Slightly volatile
Short Term Debt644 M613.4 M231.9 M
Slightly volatile
Long Term Debt Total87.8 M105.5 M62.8 M
Slightly volatile
Net Invested Capital1.5 BB1.2 B
Slightly volatile
Current Deferred Revenue40.2 M47.4 M36.1 M
Slightly volatile
Capital Stock1.7 MM2.1 M
Slightly volatile

Erie Indemnity Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization106.7 M61.6 M182.8 M
Slightly volatile
Total Revenue2.3 B3.8 B3.1 B
Pretty Stable
Gross ProfitB3.8 B2.5 B
Pretty Stable
Other Operating Expenses1.9 B3.1 B2.6 B
Pretty Stable
Income Before Tax471.3 M757.3 M548.5 M
Pretty Stable
Total Other Income Expense Net157.6 M80.8 M216.6 M
Pretty Stable
Net Income630.3 M600.3 M279.6 M
Slightly volatile
Income Tax Expense124.9 M157 M142.9 M
Slightly volatile
Net Income Applicable To Common Shares219.9 M343.4 M234.4 M
Slightly volatile
Net Income From Continuing Ops333.1 M600.3 M411.2 M
Slightly volatile
Minority Interest516.1 M465.8 M435.8 M
Very volatile
Non Operating Income Net Other1.4 M1.5 M45 M
Slightly volatile
Tax Provision107.2 M157 M96.3 M
Pretty Stable
Interest Income34.1 M45.2 M35.5 M
Slightly volatile
Selling And Marketing Expenses717.5 M810.3 M638.4 M
Slightly volatile
Reconciled Depreciation55.6 M63.9 M40.7 M
Slightly volatile

Erie Indemnity Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow154 M144.1 M221.4 M
Pretty Stable
Depreciation67.1 M63.9 M28.5 M
Slightly volatile
Dividends Paid249.4 M237.5 M166.2 M
Slightly volatile
Capital Expenditures131.1 M124.8 M61.6 M
Slightly volatile
Total Cash From Operating Activities641.8 M611.2 M348.8 M
Slightly volatile
Net Income630.3 M600.3 M341.2 M
Slightly volatile
Cash Flows Other Operating576.5 M724.1 M559.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.365.01713.3017
Slightly volatile
Dividend Yield0.01680.01250.0222
Slightly volatile
PTB Ratio10.069.58138.1191
Very volatile
Days Sales Outstanding64.668.002471.6739
Very volatile
Book Value Per Share27.8743.024451.2958
Slightly volatile
Free Cash Flow Yield0.02430.02550.0435
Slightly volatile
Operating Cash Flow Per Share13.913.23367.0949
Slightly volatile
Average Payables8.6 M16.8 M17 M
Very volatile
Capex To Depreciation1.261.95352.3587
Slightly volatile
PB Ratio10.069.58138.1191
Very volatile
EV To Sales3.294.93853.2417
Slightly volatile
Free Cash Flow Per Share11.0610.53075.8182
Slightly volatile
Net Income Per Share13.6512.99695.6818
Slightly volatile
Payables Turnover11.7414.4812.9579
Slightly volatile
Sales General And Administrative To Revenue0.01710.0180.1927
Slightly volatile
Capex To Revenue0.03450.03290.0206
Slightly volatile
Cash Per Share7.057.42650.4061
Slightly volatile
POCF Ratio16.1831.150225.7458
Slightly volatile
Payout Ratio0.410.39560.6375
Pretty Stable
Capex To Operating Cash Flow0.210.20420.1749
Slightly volatile
PFCF Ratio41.139.145533.1741
Slightly volatile
Days Payables Outstanding28.5526.129.6439
Slightly volatile
Income Quality1.321.01821.1716
Pretty Stable
ROE0.180.30210.2456
Very volatile
EV To Operating Cash Flow15.7830.66225.0102
Slightly volatile
PE Ratio19.7831.717630.9736
Pretty Stable
Return On Tangible Assets0.220.20780.1747
Slightly volatile
EV To Free Cash Flow40.4638.53232.2299
Slightly volatile
Earnings Yield0.05010.03150.0345
Very volatile
Current Ratio1.361.42681.6134
Very volatile
Receivables Turnover5.15.367515.6539
Slightly volatile
Graham Number11811252.9048
Slightly volatile
Shareholders Equity Per Share45.1843.024421.9915
Slightly volatile
Debt To Equity0.05510.06080.0555
Slightly volatile
Capex Per Share2.842.70291.2766
Slightly volatile
Average Receivables363.6 M547.2 M569.8 M
Very volatile
Revenue Per Share86.2782.164863.7437
Very volatile
Interest Debt Per Share1.342.191.3123
Slightly volatile
Debt To Assets0.03160.04090.0318
Slightly volatile
Short Term Coverage Ratios140173164
Slightly volatile
Price Earnings Ratio19.7831.717630.9736
Pretty Stable
Price Book Value Ratio10.069.58138.1191
Very volatile
Days Of Payables Outstanding28.5526.129.6439
Slightly volatile
Dividend Payout Ratio0.410.39560.6375
Pretty Stable
Price To Operating Cash Flows Ratio16.1831.150225.7458
Slightly volatile
Price To Free Cash Flows Ratio41.139.145533.1741
Slightly volatile
Pretax Profit Margin0.320.19950.2362
Slightly volatile
Effective Tax Rate0.220.20730.2498
Pretty Stable
Company Equity Multiplier1.381.45367.0551
Slightly volatile
Long Term Debt To Capitalization0.04890.05760.0506
Slightly volatile
Total Debt To Capitalization0.0510.05690.0518
Slightly volatile
Debt Equity Ratio0.05510.06080.0555
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.61.68692.1883
Slightly volatile
Net Income Per E B T0.460.79270.563
Slightly volatile
Cash Ratio0.650.37180.4434
Pretty Stable
Operating Cash Flow Sales Ratio0.180.16110.1264
Pretty Stable
Days Of Sales Outstanding64.668.002471.6739
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.990.79580.8376
Slightly volatile
Cash Flow Coverage Ratios3.713.918.1149
Slightly volatile
Price To Book Ratio10.069.58138.1191
Very volatile
Fixed Asset Turnover7.027.390819.1781
Slightly volatile
Capital Expenditure Coverage Ratio4.654.896111.2589
Slightly volatile
Price Cash Flow Ratio16.1831.150225.7458
Slightly volatile
Debt Ratio0.03160.04090.0318
Slightly volatile
Cash Flow To Debt Ratio3.713.918.1149
Slightly volatile
Price Sales Ratio3.365.01713.3017
Slightly volatile
Return On Assets0.220.20780.1141
Slightly volatile
Asset Turnover1.381.31380.9631
Slightly volatile
Net Profit Margin0.140.15820.1013
Slightly volatile
Gross Profit Margin0.220.180.1951
Very volatile
Price Fair Value10.069.58138.1191
Very volatile
Return On Equity0.180.30210.2456
Very volatile

Erie Indemnity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap20 B19 BB
Slightly volatile
Enterprise Value19.7 B18.7 B8.8 B
Slightly volatile

Erie Fundamental Market Drivers

Cash And Short Term Investments343 M

Erie Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Erie Indemnity Financial Statements

Erie Indemnity stakeholders use historical fundamental indicators, such as Erie Indemnity's revenue or net income, to determine how well the company is positioned to perform in the future. Although Erie Indemnity investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erie Indemnity's assets and liabilities are reflected in the revenues and expenses on Erie Indemnity's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Erie Indemnity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue47.4 M40.2 M
Total Revenue3.8 B2.3 B
Cost Of Revenue3.2 B1.9 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.03  0.03 
Revenue Per Share 82.16  86.27 
Ebit Per Revenue 0.18  0.19 

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When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
5.19
Earnings Share
11.46
Revenue Per Share
72.578
Quarterly Revenue Growth
0.13
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.