Erie Indemnity Company (ERIE) — Financial statements
Income statement, balance sheet, and cash flow for Erie Indemnity Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,067↑7.2% | 3,795↑16.1% | 3,269↑15.1% | 2,840↑7.8% | 2,634 | |
| Cost of Revenue | 3,427↑9.9% | 3,119↑13.5% | 2,749↑11.6% | 2,464↑6.4% | 2,316 | |
| Gross Profit | 641↓5.3% | 676↑30.0% | 520↑38.3% | 376↑18.3% | 318 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 74 | 0.00 | 0.00↓100.0% | 668↑4.7% | 638 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 74↑122.0% | 33↑2.4% | 33↓95.1% | 668↑4.7% | 638 | |
| Other Expenses | -153↓358.1% | -33↓2.4% | -33↑95.1% | -668↓4.7% | -638 | |
| Operating Expenses | -79 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Total Costs & Expenses | 3,348↑7.4% | 3,119↑13.5% | 2,749↑11.6% | 2,464↑6.4% | 2,316 | |
| Operating Results | ||||||
| Operating Income | 720↑6.4% | 676↑30.0% | 520↑38.3% | 376↑18.3% | 318 | |
| Depreciation & Amortization | 77↑35.8% | 57↑19.2% | 47↑2.7% | 46↑24.1% | 37 | |
| EBITDA | 787↑2.7% | 766↑27.7% | 600↑40.1% | 428↑22.0% | 351 | |
| EBIT | 711↑0.1% | 710↑28.4% | 553↑44.6% | 382↑21.7% | 314 | |
| Interest & Other Income | ||||||
| Net Interest Income | 80↑23.0% | 65↑25.8% | 52↑2675.5% | -2↑51.4% | -4 | |
| Interest Income | 80↑23.0% | 65↑25.8% | 52 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00↓100.0% | 2↓51.4% | 4 | |
| Non-Operating Income | 9↑126.7% | -33↓2.4% | -33↓440.0% | -6↓247.7% | 4 | |
| Other Income / Expenses | -9↓111.0% | 81↑93.9% | 42↑17412.6% | 0.24↓99.6% | 58 | |
| Income Before Tax | 711↓6.2% | 757↑34.8% | 562↑49.3% | 376↑0.0% | 376 | |
| Income Tax Expense | 151↓3.6% | 157↑35.5% | 116↑48.8% | 78↓0.8% | 79 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 559↓6.8% | 600↑34.6% | 446↑49.4% | 299↑0.2% | 298 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 559↓6.8% | 600↑34.6% | 446↑49.4% | 299↑0.2% | 298 | |
| Bottom-Line Net Income | 559↓6.8% | 600↑34.6% | 446↑49.4% | 299↑0.2% | 298 | |
| EPS (Basic) | 12.01↓6.8% | 12.89↑34.6% | 9.58↑49.5% | 6.41↑0.2% | 6.40 | |
| EPS (Diluted) | 10.62↓7.5% | 11.48↑34.6% | 8.53↑49.4% | 5.71↑0.4% | 5.69 | |
| Weighted Average Shares | 47↑0.8% | 46↑0.0% | 46↑0.0% | 46↑0.0% | 46 | |
| Weighted Average Diluted Shares | 53↓0.0% | 53↑0.0% | 53↑14.1% | 46↑0.0% | 46 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.